Update: This popular deal is still available.
Amazon offers
Select American Express Membership Rewards Cardholders: Up to 50% Off your
Eligible Purchase (maximum discount of $75) when you
use at least 1 Membership Rewards Point and follow the instructions below.
- Note: This is a targeted offer. Eligibility and the discount amount may vary. The link will show you the offer you qualify for.
Thanks to Community Member
GoroAkechi for finding this deal.
Example Offers:- 15% Off ($15 Max)
- 40% Off ($40 Max)
- 50% Off ($75 Max)
Deal Instructions:- Click here and click on 'Activate now' to link your American Express Membership Rewards account to your Amazon account
- Add eligible products sold & shipped by Amazon.com to your shopping cart (Promotion can be redeemed in one or more transactions; maximum discount will vary by offer)
- Proceed to checkout and select your American Express Rewards Card as your payment method
- Select the amount of Membership Rewards Points you would like to use for the purchase (must use at least 1 MR point; minimum point redemption may vary by offer)
- If you qualify for the promotion, then the discount will automatically apply when you purchase eligible items
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Top Comments
Maximum discount $40."
Is that a good deal? Depends in part on how much value you normally get from Amex points
Math:
To max the 40% with max of $40 you'd want to spend exactly $100
1428 points used at amazon knocks $9.97 off your bill.
So to get $100 in "stuff" you spend 1428 points and $50.03-- so your total "value" out of 1428 points is $49.97... or about 3.5 cents per point.
Which is pretty good if you normally use your Amex points for cash, hotels, or coach airfare.
It's at the very bottom-low end of ok if you normally use your Amex points for business or first class airfare via partner airlines.... I typically beat 3.5c a point for that purpose though (4-6 cents a point is more common) so probably not a deal worth doing in my case but might be for others.
Certainly much worse than the only-spend-1-point discounts.
FWIW you seem to have left out that you get $9.97 off the order for those 1428 points (Amazon redeems them at 0.7 cents a point)... so your net is $21.97 compared to using the points at your 2 cent value otherwise not $12.
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Would you pay cash for the coach flight to the same place?
Because redemption value of gift cards is usually lower than even that let alone business class seats- so using them for gift cards is still inferior value.
Unless you just never travel at all.
i was not planning on using the 40% offer, because it requires burning $15 worth of points, but ended up using it anyway.
i was not planning on using the 40% offer, because it requires burning $15 worth of points, but ended up using it anyway.
i was not planning on using the 40% offer, because it requires burning $15 worth of points, but ended up using it anyway.
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15% off, $15 max *AFTER* Prime Day... these yutzs!
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