Whether you’re stocking up on household staples or tackling your early holiday shopping, there are many ways to save on Amazon orders. And if you have an American Express card that earns American Express Membership Rewards points, you may be eligible for a new offer that can help you save up to 50% on Amazon purchases.
Typically, using Membership Rewards points for Amazon purchases isn’t great, as the return per point is below the rate for travel redemptions. However, right now, you can save as much as 50% on an Amazon purchase by cashing in as few as 1 Membership Rewards point with some current targeted offers.
Some staffers at TPG received offers as high as 50%.
Others had offers of 10% or 15%.
To get in on this offer, you’ll need a card that earns Membership Rewards points, such as The Platinum Card® from American Express, the American Express® Gold Card or the American Express® Green Card.
The information for the American Express Green Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Offers available when using Membership Rewards points to pay for Amazon purchases
Not all Amex cardholders will be targeted with the same Amazon offers, so check your account. For example, at the time of publication, some saw offers to save 15% (up to $15) — but, as I mentioned, a few of us saw an offer for savings of 50% (up to $80). Remember that these are targeted offers, so they will vary. Hopefully, you are targeted for the larger offers.
Only products sold by Amazon are eligible for the discount. Third-party listings won’t trigger any savings, but you may be able to take advantage of this deal by stocking up on dining or retail gift cards. For example, gift cards for companies like Whole Foods, Uber Eats and Nordstrom may be eligible.
Related: Save up to 50% on Amazon orders when using Chase points via this targeted offer
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How to save up to 50% by redeeming 1 Amex point
Here are the steps you should take in order to turn 1 Amex Membership Rewards point into serious Amazon savings:
- Link your eligible Amex card to your Amazon account. You can do this through the Amex app or Amazon website.
- Check to see if you have a targeted offer.
- Activate the offer in your Amazon account.
- Load your shopping cart with eligible items.
- We do not recommend paying for the entire purchase with points, as it may not be the best use of your Membership Rewards points. Instead, use as few points at checkout as possible (as shown below). You’ll need to use an American Express card that earns Membership Rewards points as your payment method.
Assuming everything works, you should see the offer reflected during checkout. You’ll need to cover the rest of your transaction with an Amex card, though you can also apply an Amazon gift card balance if there’s one attached to your account.
Other offers may be available
You might find similar offers with other rewards programs from time to time. For example, we’ve previously seen offers for 40% off (up to $20 maximum) when using Discover rewards on select Amazon purchases.
Additional past offers allowed targeted customers to use 1 Citi ThankYou Rewards point for up to 50% off, 1 Capital One mile for up to $20 off and 100 Chase Ultimate Rewards points for up to 50% off.
You can also sometimes find targeted offers on Amazon product pages underneath the item’s price, so keep your eyes peeled when browsing.
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