 What you are going to hear today would sound different because 99% credit card review sites are working for the credit card companies, selling credit cards and giving you dishonest and sugar-coated information to make money out of the year. Hello everyone, this is Amit Dan of AmitDan.com. On this channel, you'll find non-affiliated, unbiased and honest opinions about credit cards and everything else. There are no affiliated links and I do not take money or work for any credit card companies. Today I'll talk about Amazon Canada's recently launched viewers master card. If you remember, in the past, Amazon had a credit card for Canadians which was with the Chase Bank and the one feature of that credit card, everyone liked was the 0% foreign transaction fee. The new card which is with the MB&A Canada does not offer any 0% foreign transaction fee but it offers some features to offset that credit card fees. So let's look at the viewers structure for this credit card first. Amazon Canada offers two different sets of viewers structures. So the first one is for Amazon Prime Member. If you are a Prime Member, then you are 2.5% on Amazon products, whether online or at stores, for example, Whole Foods and also foreign transactions, you are 2.5% and then you earn 1% for everything else. If you are a non-Prime Member, then you earn 1.5% on Amazon Online or at Amazon stores and for everything else, you earn 1%. So this is obvious that this credit card is for Amazon Prime Members but even if you are an Amazon Prime Member, the viewers structures are not that good to keep this card and use this year after year. For example, if you have a credit card that offers 4% or 5% return on grocery stores, then all you have to do is to buy Amazon Gift Card at grocery store and then you can use that card to purchase on Amazon and that way you get 4% or 5% return on Amazon auctions. So even if you are a Prime Member, although you are getting 2.5%, I don't see any point keeping this card. And another foreign transaction feature the card is trying to keep for Amazon Members is that you are going to get 2.5% back on foreign transactions. So it's just a, you are going to be actually breakeven because there is a 2.5% foreign transaction fee and then you are going to get a return of 2.5%. So at the end you are going to end up with paying nothing for foreign transactions but at the same time you are not going to get any worse on those transactions. But this only applies to Amazon Prime Members. If you are a regular Member, then you are not going to get any break on foreign transaction fees. Currently, Amazon Canada is running a promotion for everyone under which you will receive 5% return up to 3,000 spent for the first 6 months. So basically you are just getting $150 if you spend $3,000 for the first 6 months. The Amazon Canada real scraper does not have any annual fee and it also offers 90 day purchase assurance protection, extended warranty guarantee and trip interruption insurance. Once you have 2,000 points then it will automatically deposit $20 credit into your Amazon account and the points never expire or there are no caps on points. So if you look at all the features and benefits, this is just a mediocre credit card. I don't see anything much into it to keep this card or to apply this card and even if you are an Amazon Prime Member, as I mentioned before you can easily get a 4-5% return on Amazon purchases just by buying a brief card from grocery stores. In order to do that you have to have one of those cards which offer 4 or 5% returns on groceries. What would have been more beneficial if they had some sort of anniversary bonus for this card? For example, let's say if you are a Prime Member then just by having the card or spending a certain dollar amount, if they give a discount on Amazon Prime Membership then this is my belief that they would get a lot more customers than the offers they have right now. So the Amazon M being a yours master card failed to owe Canadian customers. I don't see any value in it even if you are a Prime Member and there is no point keeping this card day after day or year after year because there are no recurring benefits or no perks for keeping this card and even if you are a Prime Member and you can get more value from other credit cards and also the card doesn't offer any foreign transaction fee although it tries to zero the foreign transaction fees if you are a Prime Member. But just by keeping other credit cards you can pay 0% foreign transaction fee and you can even earn rewards on foreign transaction fee. So this is my take that Amazon Canada Rewards Master Card is a disappointing credit card and unless they add new parks and features or benefits in the future not many people are going to be keeping this card and then unfortunately I cannot recommend this card I don't see any benefits to this card to keep this card and you know use this card for everyday purchases or even on Amazon purchases. Forget about subscribing to this channel forget about liking this video thank you for watching and I'll see you in the future with more great card and other videos.