Amazon and Santander Launch a Visa Credit Card in Austria

Distinctive Features of the Amazon Visa Credit Card

1. Issuer: This credit card is issued by Zinia, the consumer finance platform of Santander Bank.
2. Annual Fee Policy: Cardholders are not required to pay any annual fee, significantly reducing the holding cost.
3. Account Requirement: When applying for and using this credit card, users do not need to open an additional new bank account, making the procedures simple and quick.
4. Shopping Points Rewards
   • When shopping on Amazon.de, cardholders can enjoy a 1% points rebate, allowing every consumption to be rewarding.
   • When making purchases at other merchants, a 0.5% points rebate can also be obtained, further increasing the added value of consumption.
   • For Amazon Prime members, during specific promotional events (such as Prime Day), the points rebate rate can be increased to 2%, enabling them to enjoy more shopping benefits.
5. New User Registration Bonuses
   • Prime members who successfully register for this credit card can receive a maximum bonus of 15 euros, which helps to kick-start their shopping journey.
   • Non-Prime members can also receive a maximum bonus of 10 euros upon registration. The bonus amount will be provided as a credit limit on the first monthly statement, offering tangible benefits.
6. Points Redemption Mechanism: Cardholders can directly use the accumulated points to offset the corresponding consumption amount when checking out on Amazon.de, turning points into real savings easily.
7. Digital Account Management
   • This credit card is integrated into the Zinia platform. Users can track their account balances, manage their credit card usage, and check the real-time status of their reward points anytime, anywhere through the Amazon Visa App or the online portal.
   • It also supports online banking services on both mobile and desktop devices, enabling convenient account operations regardless of location.

Official Statements

1. A representative from Santander Bank pointed out that the launch of the Amazon Visa credit card through Zinia is highly consistent with Santander Bank's strategic goal of expanding digital consumer finance solutions, which will help further enhance its influence in the digital finance field.
2. An official representative of Amazon emphasized that this credit card aims to provide Austrian consumers with more flexible and attractive payment options. It is applicable not only to online shopping but also to offline consumption scenarios, meeting the diverse payment needs of consumers.

Background of Zinia and Amazon's Business Layout in Austria

1. Background of Zinia
   • As an important part of Santander Bank's Digital Consumer Bank, Zinia has integrated the group's consumer finance businesses in 26 countries around the world, boasting strong resource integration capabilities and rich business experience.
   • Since 2022, Zinia has launched more innovative financing solutions in Germany and has continued to expand into international markets, constantly expanding its business territory.
2. Amazon's Business in Austria
   • Amazon has been operating steadily in Austria for more than 25 years, with its business widely covering several key areas, including the research and development center in Graz, multiple efficient logistics bases, and the Amazon Web Services (AWS) office in Vienna.
   • Amazon actively supports local economic development, providing strong support to more than 2,500 Austrian small and medium-sized enterprises, helping them sell products on the Amazon.de platform and promoting the prosperity of local businesses.
   • Since 2016, Amazon has invested more than 715 million euros in Austria, demonstrating its high regard for the Austrian market and its determination for long-term investment.

Conclusion