Amazon Payments was one of the easiest ways to help meet a minimum spend requirement, but sending money for free will no longer be possible as of October 13, 2014. Amazon Payments, which allowed its users to send or pay another Amazon Payments user $1,000 per month for free with a credit card, will no longer exist as an option.
You will still have until October 12, 2014 to send money using Amazon Payments, making it possible to send $1,000 per month for two more months.
While it wasn’t particularly lucrative, Amazon Payments was a useful way to meet minimum spend requirements on credit cards.
I’m sure a lot of people have used Amazon Payments over the last three years to help meet minimum spends or earn up to 12,000 points per year, and it was a great service while it lasted.
Amazon Payments sent out an email that seemed as a routine annual policy update, but within the email it says:
Additionally, we have updated the terms and conditions of our User Agreement (https://payments.amazon.com/help/Personal-Accounts/User-Agreement-Policies/User-Agreement) that apply to your use of the products and services provided by Amazon Payments. Our updated User Agreement revises certain terms (including, among other things, the elimination of person-to-person payments). Our new User Agreement will become effective on October 13, 2014, which is more than 30 days from when we first posted our updated User Agreement. By continuing to use our services after October 13, 2014, you are agreeing to be bound by the terms and conditions of our new User Agreement.
So, be sure to take advantage of sending $1,000 per month for FREE for this month and next month. After October 13, 2014 you will no longer be able to send money.
The door closes on Amazon Payments as talks of new Apple Pay starting up, so who knows how that will play out…maybe it will evolve into a new way to earn points?