This does not apply so much in the Whole Foods/Prime example; the store, the membership, and the credit card are all Amazon products. The consumer is paying Amazon for the privilege of paying Amazon to pay Amazon.
It’s actually a Chase credit card, and you can convert the cash back to Chase’s system IIRC. But you’d be better off using the Sapphire or whatever their metal card is called if you want the Chase rewards. Amazon rewards just give you cash to spend on Amazon by default.
This does not apply so much in the Whole Foods/Prime example; the store, the membership, and the credit card are all Amazon products. The consumer is paying Amazon for the privilege of paying Amazon to pay Amazon.
It’s actually a Chase credit card, and you can convert the cash back to Chase’s system IIRC. But you’d be better off using the Sapphire or whatever their metal card is called if you want the Chase rewards. Amazon rewards just give you cash to spend on Amazon by default.