Amazon is allowing users to claim up to £20 for updating their payment details

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Money Saving Expert Martin Lewis has shared a trick for how people can get money from global shopping giant Amazon.

The money expert said that people could claim up to £20 from the retailer due to Amazon no longer accepting Visa credit cards from next year. This is perfect for those wanting to take advantage of Black Friday offers.

Amazon says the move is due to high prices, but it means that a large number of customers will have to update their payment details on their Amazon account.

Speaking on the Martin Lewis Money Show Live, Martin said: "If Visa credit is your default method of payment at the moment, there's a way to get Amazon to pay you.

A £20 saving could be a really useful addition to people's bank accounts ahead of the Christmas period.

So how could you get the £20?

How do I get £20 from Amazon?

If your Visa credit card is currently your preferred payment method on your Amazon account, then you could be due up to £20.

It is a promotional offer that only lasts for a short time, which means you can't claim any money simply from changing or updating the payment method on your account.

Amazon is offering £20 to Prime customers and £10 to other customers that have the card as their default payment.

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You must click a link through an email sent to you about the offer by Amazon, or a link on their homepage.

Martin said: "[Amazon] will give you £10, or £20 if you're a Prime member.

"If you click the email link you've had about this or the homepage banner and you switch to a Visa debit, Amex, Mastercard credit or debit card you'll get that money."

Why won't Amazon accept my Visa credit card?

They will until January 2022, so you will be able to use your Visa credit card for any shopping you have planned for the festive season.

Amazon said they are changing the fees due to high fees charged by Visa to process the transactions made on Visa credit accounts.

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They said: "The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers.

"These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise."

What cards can I use instead?

The change in policy from Amazon only affects those with a UK-issued visa credit card. Visa credit cards that were issued outside of the UK will continue to be accepted.

Customers can no longer use the cards and will instead have to use their debit cards, American Express or MasterCard.

A spokesperson for Visa said: "We are very disappointed that Amazon is threatening to restrict consumer choice in the future."

"We have a long-standing relationship with Amazon, and we continue to work toward a resolution, so our cardholders can use their preferred Visa credit cards at Amazon UK without Amazon-imposed restrictions come January 2022."

  • Amazon
  • Martin Lewis
  • Money
  • Christmas

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