This work reports on morphological, mechanical, and micromechanical properties of polyamide 6 (PA 6), a styrene-acrylonitrile copolymer (SAN), and their blends, which were reactively compatibilized using a styrene-acrylonitrile maleic anhydride (SANMA) terpolymer. Transmission electron microscopy (TEM) investigations revealed the phase morphology of the blends, which is characterized by inclusions of the minor component in the matrix of the major phase. The blend with 50% PA 6 and 50% SAN depicted a cocontinuous morphology. Using a microtensile device for TEM, the samples were deformed under uniaxial loading in the ''dry'' state (characterized by a zero water content in the PA 6 phase) and in a ''wet'' state (with water in the PA 6 phase). Whereas the dry blends behaved brittle, the wet blends showed a larger ductility with the formation of deformation bands in the matrix (PA 6 or SAN), which were initiated by stress concentration at the SAN and PA 6 particles, respectively. In the interface of blends with a PA 6 matrix and SAN inclusions, two phenomena were observed: partial cavitation and debonding on the one hand and partial fibrillation on the other hand.