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Amazon Prime wants to sell you discounts on college loans

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Amazon wants to sell you just about everything and now the e-commerce site is selling discounts on student loans.

Wells Fargo and Amazon announced Thursday that they are teaming up to help reduce the costs of Wells-originated student loans.


How it works:

Students who have an Amazon Prime Student membership will be eligible to receive an 0.5% discount on newly originated or refinanced student loans from Wells Fargo. 


This discount can also be applied to the 0.25% interest rate reduction given to students who sign up for automatic payments, which means students can see as much as an 0.75% reduction on their student loan interest rate.


For more news, check out today's 60 Second Circa.

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