Amazon renews credit card deal with JPMorgan

The Amazon Chase credit card, which runs on Visa Inc's payment network service, provides shoppers on Amazon.com with instant savings of 3 percent, amongst other benefits.

The Amazon spokesman declined to elaborate on details of the renewed relationship with JPMorgan.

At least one other card issuer was also interested in a tie-up with Amazon for payment cards, the Wall Street Journal reported earlier in the day, citing people familiar with the matter.

A JPMorgan spokeswoman declined to comment.

(Reporting by Subrat Patnaik in Bengaluru and David Henry in New York; Editing by Kirti Pandey and Robin Paxton)