Affiliate Disclosure: By buying the products we recommend, you help keep the site alive. Read more.
Amazon recently launched a new program for Prime members which makes it possible to save 2 percent on all purchases. The catch? They want your bank account info. In order to use this feature, you’ll need a U.S. bank account and driver’s license.
To take advantage of Prime Reload, there are three things you’ll need to do:
- You’ll first have to add your bank account information. You’ll need your bank account number, routing number, and your driver’s license.
- After you’ve linked your bank account, you’ll need to link your debit account, if it isn’t already linked to your Amazon account.
- Next you’ll need to transfer money from your bank account on to an Amazon gift card using the reload feature. (Amazon also has a bonus offer where if you reload your card with $100, you’ll get an instant $10 for the first time.)
So why does Amazon need both your checking account and debit card information? This is what they have to say about it: “To fulfill your reload faster, we will sometimes route orders through your debit card instead of your bank account.”
While you’re getting 2 percent off your purchases, it is worth bearing in mind that Amazon is definitely getting something out of it too — namely that they avoid paying the credit card fees when you make a purchase using a credit card.
What do you think of Amazon Prime Reload? Are the savings worth it or would you rather continue to use your credit or debit card as you always have? Let us know in the comments.
Image Credit: Jeramey Lende via Shutterstock