Amazon Looks to Offer Checking Accounts to Customers

Amazon is in early talks with J.P. Morgan Chase to help launch checking accounts aimed at younger customers.

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Amazon is rumored to be in talks with top banks to create a checking account product for its customers. 

In a LendEDU survey, that was taken, only 45 percent of respondents said that they would be willing to use Amazon as their primary checking account. Upwards of 49 percent of respondents said that they would be willing to use Amazon for their savings account, however. 

By law, Amazon wouldn't be able to give out loans like a bank could. So, the company is open to teamwork. A potential partnership with J.P. Morgan Chase would be the second major agreement the two companies have made this year. In January, the companies announced that they were teaming up to reduce healthcare costs.

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