Save up to $50 on Amazon purchases using just one Amex point with this targeted deal
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Amazon’s popular Amex deal is back, giving targeted customers an opportunity to save up to $50 on eligible purchases by redeeming just one point.
Generally, we don’t recommend redeeming Membership Rewards points on Amazon, given that each point is equivalent to just 0.7 cents and we value Amex points at 2 cents apiece, but there are exceptions to that rule. And, since you can take advantage of this particular offer when you redeem just one Membership Rewards point, earned with cards like the American Express® Gold Card or American Express® Green Card, this deal certainly fits the bill.
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Currently, targeted Amazon customers will be eligible to take 40% of select purchases, up to a $50 discount.
As noted, this is a targeted offer. You can confirm eligibility for the promotion right here.
While most products must be sold by Amazon in order to be eligible for any of the discounts — third-party listings won’t trigger any savings — you may be able to take advantage by stocking up on dining or retailer gift cards. Third-party gift cards for companies like Whole Foods, Uber Eats and Nordstrom are also eligible.
Related: Best cards for Amazon purchases
How to get 40% off by redeeming one Amex point
Here are the steps for turning just one Amex Membership Rewards point into serious Amazon savings:
- Check here to see if you have a targeted offer
- Activate the offer in your Amazon account
- Load up your cart with eligible items sold by Amazon instead of by third parties (yes, most gift cards count)
- Make sure to only use one point at checkout as shown below to avoid losing value by covering the entire purchase with points
Assuming everything worked, you should see the offer reflected in your account.
You’ll need to cover the rest of your transaction using an Amex card, though you can also apply an Amazon gift card balance, if there’s one attached to your account. This time around, the offer is set to expire at 11:59 p.m. PT on Sept. 30, or after 30,000 Amazon customers have redeemed offers — whichever comes first.
Note that some targeted customers may receive another offer, such as $20 off a $50 purchase. That particular promotion has the same expiration date of Sept. 30, but is valid for up to 50,000 customers in total.
Featured image by Leon Neal/Getty Images
Welcome to The Points Guy!
WELCOME OFFER: 80,000 Points
TPG'S BONUS VALUATION*: $1,600
CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners
*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.
- Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
- 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.