Amazon shopping now secure and faster through the new Master Card from Bank of America
The Best New Credit card product of the year 2011
The new Pay-Pass powered Amazon.co.uk Master Card issued by the Bank of America has recently bagged the Best New Credit Card Product of the Year award from The Cards and Payments Awards 2011. On Activation of this Master Card online, consumers can use it to access their online account at Amazon safely and securely. For this purpose, the customer is required to log in or register for the online services. If the customer is logging in for the first time, card activation procedures and instructions will automatically come up. To complete activation procedure, however, the credit card must be kept at hand for instant reference. To login using the Amazon.co.uk credit card, the customer has to reach www.bankofamerica.co.uk/amazon. The website also provides various guides on many frequently asked queries and concepts underlying these credit card transactions.
Payment Allocation of the card
First of all, the payment is received from the customer. The bank pays the statement balances and all the recent transactions made, in the order of highest interest rate to lowest one. These payments are continued unless the entire payment is allocated and the entire outstanding balance has been paid. So, along with regular transactions, balance transfers can be done with ease and there will be no loss of the added benefits of any of the promotional rates pertaining to the customer. These benefits, moreover, will be applied automatically by the bank.
The new Contactless technology
Various shopping outlets sport the contactless symbol on their cash counters. This symbol has to be noted. Contactless payment on this card is enabled only for purchases of £20 or lower. It provides the same security as the conventional chip &PIN but is faster and more convenient. The retailer is to be conveyed that payment should be made through the contactless card. It is held against the card reader simply to complete payment. The card reader confirms the payment in just a few seconds and the green indicator light and a beep notifies that the transaction is complete and processed. A receipt can also be asked for as a convenient way to keep track of light transactions as this.
Online transaction and Credit card security
Exceptional security is provided by the Bank in usage of this credit card. Bank of America provides every credit card user with a complimentary copy of the McAfee Online Banking suite worth £59.98 to keep the consumer’s PC secure for a period of 12 months. In addition to this, an attractive rebate of 50% is offered by the bank on commencement of this 12 months copy. It will be automatically enrolled on paying £29.99 only for the subsequent year.
Visit to www.bankofamerica.co.uk/amazon for first card activation
Furthermore, secure card services ensure maximum protection. Site Key and 128-bit encryption of all banking data provides another layer of excellent security verification when a customer logs on to the online services at www.bankofamerica.co.uk/amazon. The system automatically logs out of any unattended banking session after a stipulated period. Automatic detail verification adds to provide more secure sessions. E-mail services are also very secure, confidential and reliable. The credit card also includes “Trusteer Rapport” software which provides added security in spending and making online transactions on Amazon.