Chase Canada getting rid of Amazon.ca, Marriott Visa cards: What you need to know

If you have a Canadian Chase credit card you may want to start looking for a new rewards program.

Last week, Chase Canada announced it’s getting rid of the Amazon.ca Rewards Visa and Marriott Rewards Premier Visa starting March 15.

Both credit cards offered a rare Canadian credit card feature — no foreign transaction fees.

Chase Canada sent out a letter to Amazon.ca cardholders saying, “The credit card relationship between JPMorgan Chase Bank, N.A. in Canada and Amazon.ca is ending.” A similar letter was sent to Marriott credit card holders.

This news was not a complete surprise, as months ago the company stopped taking applications for both credit cards.

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What will happen to your account?

• As of March 15, you will no longer be able to use your Amazon.ca Visa and Marriott Visa for new transactions.
• You will also no longer be able to enroll for a new online account for both credit cards.
• The annual interest date on your card will not change once the account is closed.
• Chase Canada is asking all cardholders to destroy cards or cheques associated with the account.
• If you had unredeemed cash back points on your account prior to closure, Chase will apply a statement credit to your account for the cashback amount.
• You will still earn rewards on purchases made before March 15.

How to pay an outstanding bill after March 15?

• You will continue to receive your monthly statements until any outstanding balance is paid.
• You can pay your balance in full or continue to make payments until your balance is paid off. You can do this by:
  • Online banking
  • Telephone banking
  • Teller or ATM