Amazon to double cashback rewards on fuel purchases as fuel prices rise
(Reuters) – Amazon.com Inc is launching a program to double cashback rewards on gas purchases to as much as 12% for Amazon Flex debit cardholders, to assist Flex supply companions amid an increase in gas costs.
Amazon Flex, which works like on-demand ride-hailing service Uber, handles speedy deliveries of frequent family items to clients by means of applications like Prime Now and Amazon Contemporary. Drivers, who use their very own autos, often earn over $26 an hour on common in the USA.
The transfer comes as costs for gasoline have soared greater than 20% from final month, pushed by larger crude oil charges as a result of Russian invasion of Ukraine.
“We’re persevering with to carefully monitor this case to find out if we have to make future changes to assist our transportation companions,” wrote Amazon in a weblog on Wednesday.
Amazon additionally covers gas prices for its supply service companions in addition to Amazon Freight Companions that enlists impartial trucking firms to maneuver items between Amazon amenities.
Earlier this month, Lyft additionally mentioned that Lyft Direct cardholders will obtain a rise in cashback rewards of 4% to five% on buy of gasoline till June 30.
Rideshare and meals supply corporations together with Uber, Lyft and Doordash have introduced surcharges to assist drivers to deal with larger gas costs..
(Reporting by Tiyashi Datta in Bengaluru; Modifying by Shailesh Kuber)
