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I’m sure I’m not the only one who makes most of my purchases through Amazon. The way I see it, savings with Amazon are more or less worth their face value.
It’s possible to redeem some points currencies for Amazon purchases, though it’s almost never a good deal. For example, you can redeem your Amex Membership Rewards points for Amazon purchases. I value those points at ~1.7 cents each, while you get at most a penny per point of value when redeeming Amex points towards Amazon purchases.
However, sometimes there are promos that make this more than worthwhile. At the moment, you can save $30 off an Amazon purchase of $60 or more when you use Membership Rewards points towards an eligible purchase.
The good thing is that you can redeem just a single point to save a penny off the purchase price, and then you’d receive the $30 discount.
Here’s how Amazon describes the process of taking advantage of this promotion:
1. Add $60 or more of eligible products sold and shipped by Amazon.com to your shopping cart.
2. Under “Choose a payment method,” select your Membership Rewards eligible American Express Card and pay for at least a portion of your order with Membership Rewards points, then click “Use this payment method.”
3. Enter the promo code AMEX17PRIME in the box provided on the checkout page, then click “Apply.”
4. Up to $30 of savings will be reflected on the final order checkout page.
After you’ve added at least $60 of eligible items to your cart, go to the “Payment method” section and make sure you select an Amex card that accrues Membership Rewards points, and is also enrolled in the pay with points option. I recommend selecting just a penny as the value for which you want to redeem points. Then enter AMEX17PRIME in the “add a gift card or promotion code” box.
Then you should see the credit reflected in the payment section.
In case you have issues with this promotion, the reason is likely because:
- You’re purchasing something that’s not directly being shipped by Amazon
- The limit of the first 100,000 people to take advantage of this promotion has been reached
- You’ve redeemed Membership Rewards points towards the cost of an Amazon purchase within the past 12 months, in which case you’re not eligible
- You’re not an Amazon Prime member
Lastly, keep in mind that last month there was a targeted Amex Offer for 2,000 bonus Membership Rewards points on an Amazon purchase, so if you were targeted for that you can stack these two promotions to get an even better deal.
Were you able to take advantage of this $30 off Amazon promotion?
(Tip of the hat to Doctor of Credit)