This Week In Credit Card News: A Card That Instantly Gives You A $200 Amazon Gift Card

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This Week In Credit Card News: A Card That Instantly Gives You A $200 Amazon Gift Card
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For 18 years, I was the Chief Executive Officer of LowCards, a consumer resource website on credit cards. I also co-authored The Credit Card Guidebook, a free online book to help people navigate the complex world of credit cards.

If you’re shopping Amazon Prime Day this month, you can earn a $200 Amazon gift card to put toward your purchases with Amazon ’s flagship credit card. Prime Day officially kicks off on July 16 and ends on July 17, but early Prime Day deals are already live. The two-day event features big discounts on Amazon ’s wide-reaching inventory, making it the perfect opportunity to take advantage of the Prime Visa’s attractive welcome bonus.

Russia Is Running Low On Tanks. So Why Are A Thousand First-Generation T-72s Still Sitting In Storage?Capital One's credit card business is a highly profitable one. Thanks to the average credit card APR of about 25% in the current environment and relatively low deposit costs, Capital One has a net interest margin of about 6.7% throughout its business. Other big banks would typically be happy with a NIM in the 2%-3% range. However, the business is about to get a whole lot bigger.

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