Amazon Drops Prices on Kindle, Sort of…

Good news folks. Amazon has finally dropped prices on Kindle by $100. Sort of… Amazon has just announced that if you get their Amazon Rewards Visa Card, you can get the Kindle for $259! In other words, you get $100 off the Kindle if you help out Amazon’s partner, Chase. I personally think it’s a decent deal as the credit card is not that bad at all. It also goes on to show that it’s not out of the realm of possibility for Amazon to offer these Kindles for much cheaper in the near future to boost sales. We shall see.
One wonders if they are trying to push their current stock to clear space for version 2.0…
It’s the partnership really. I have worked for credit card companies. Their CPAs are about $200 per card on average. So it’s a steal for them to pay Amazon $100 to tie their cards with a hot gadget like Kindle. I wish they did it with Kindle 2.0 though.