Amazon today introduced the Amazon Credit Account -- a virtual, cardless credit "card" -- for use when shopping at Amazon.com. Available now, the Amazon Credit Account is the online equivalent of a department store credit card and provides shoppers the opportunity to buy now and pay later when shopping at Amazon.com.
Just in time for the holiday shopping season, the Amazon Credit Account is the solution for holiday shoppers looking to buy computers, electronics or other goods from among the tens of millions of items at Amazon.com. The Amazon Credit Account also may make it possible for people without a bank card or credit card to now shop online at Amazon.com.
To inaugurate this new service, customers who sign up with the Amazon Credit Account will enjoy three months of no payments and interest-free holiday shopping on orders over $200 placed through January 31, 2002 (see below for details).
"Whether you're shopping for a computer, handheld, digital camera, DVD player or flat-screen TV, the Amazon Credit Account is a great solution," said Steve Frazier, vice president of hardlines at Amazon.com. "With our special introductory offer, Amazon Credit customers can enjoy their purchase and hold on to their money for 90 days before making a complete payment without any interest."
The Amazon Credit Account is made possible by Citi Commerce Solutions, a division of Citibank Cards, in cooperation with Amazon.com Financial Services, a subsidiary of Amazon.com. "Amazon.com is a true e-commerce pioneer, and we're proud to work with such an innovative and customer-focused company," said Bill Johnson, president of Citi Commerce Solutions. "With our private-label credit experience and Amazon.com's e-commerce expertise behind it, the Amazon Credit Account program will create an even better experience for Amazon.com customers."