Coming soon! Use your Capital One rewards to Shop with Points on Amazon

[lazertek]

We're excited to let you know that Amazon is giving customers with an eligible Capital One card the ability to use rewards to shop for millions of items on Amazon with Amazon Shop with Points. In the coming weeks, if you have an eligible Capital One rewards credit card in your Amazon account, you may be able to use your rewards to shop millions of items on Amazon.

Best of all, there's nothing you need to do to get started! Amazon will verify your rewards card number with Capital One to see if it's eligible for Amazon Shop with Points. If it is, we'll automatically enroll you in the program and send you a confirmation email to let you know. Once enrolled, you'll be able to see your Capital One rewards balance in your Amazon Wallet and use them for purchases right away.

To learn more about Shop with Points, visit amazon.com/capitalone.

If you'd prefer not to be enrolled in Shop with Points, let us know by visiting Shop with Points preference page.

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i received this email from amazon yesterday maybe this will result in future promos like with amex chase and discover.

[Malachi]

What is the redemption rate?

[CountValentine]

How soon as I need to close my account?

[lazertek]

How soon as I need to close my account?

the email dosn't say a date but i guess about 15 days after i received the email because read the disclaimer.
P.S. i recievd the email nov 25.
You will have 15 days from the date of this email to opt out if you don't want to be automatically enrolled in Shop with Points. If you see this message after the 15-day period has ended and wish to un-enroll, you can do so on the Your Enrolled Rewards Accounts page by clicking 'Unenroll' next to 'Manage account'.

[lazertek]

What is the redemption rate?

Eligible customers will be able to use rewards to cover part or all of an Amazon order.
When using cash-back cards at checkout, $1 in cash rewards is worth $1 in redemption value on Amazon.
 When using miles cards at checkout, 125 miles are worth $1 in redemption value on Amazon.