Categories Finance, LATEST, Retail

Amazon declares new perk on Whole Foods

On Tuesday, Amazon announced it would offer a 5% cashback to the holders of the Amazon Prime Rewards Visa card and a 3% cashback to owners of the non-Prime one on purchases made at Whole Foods.

Amazon has also offered a two-hour delivery service for Whole Foods purchases in select cities

The Prime Rewards card was introduced over a year ago to encourage people to sign up for the Prime membership and increase spending on Amazon.com. Cardholders get a 1-2% cashback on all purchases through the card, but this is the first time Amazon is giving a cashback of 5% outside its website.

Amazon has offered numerous discounts and deals after the acquisition of Whole Foods. Along with discounts on staple items, there was even a deal on turkeys for Thanksgiving.

Amazon has also offered a two-hour delivery service for Whole Foods purchases in select cities.

It looks like Amazon is going out of its way to gain a stronghold in the grocery space.

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top