Get $10 off your next Amazon order using just 1 Chase Ultimate Rewards point

Jan 22, 2021

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Editor’s note: This post is regularly updated with the latest promotion.

For the last few weeks, Amazon and Chase have been running a promotion that lets Ultimate Rewards cardholders save on their orders. Now, it appears that more cardholders have been targeted for the offer.

For a limited time, Amazon is offering targeted Chase cardholders to get $10 off orders of $30 or more by redeeming just one Ultimate Rewards point. Not everyone is eligible for the offer, but you might be eligible now, even if you haven’t been in the past. If you have a Chase Sapphire Preferred Card or Chase Sapphire Reserve, it’s worth checking if you’ve been targeted.

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(Photo by Amazon)

How to get $10 off by redeeming one Chase Ultimate Rewards point

To see if you’ve been targeted for the discount and activate it, follow these steps:

  • Link your Chase Ultimate Rewards account to Amazon if you haven’t already done so. It can take up to 24 hours for your card to be linked before you can activate the offer, so don’t wait.
  • Check here to see if you’re targeted for the offer.
  • Click the “Click to activate” button before shopping.
  • Load up your cart with $30 or more worth of eligible items sold by Amazon (Amazon gift cards excluded).
  • Select your linked Chase card for the payment method.
  • Apply just one point and pay for the rest with your card.

If you were targeted for the offer and followed all of these steps, then the discount should automatically be reflected on the checkout page — no promo code is necessary. However, we only recommend redeeming a single point since using more will yield a lower return. Ultimate Rewards points are equivalent to a paltry 0.8 apiece on Amazon, and that’s well below TPG’s valuation of Ultimate Rewards points at 2 cents each.

Related: Best credit cards for Amazon purchases

The fine print

  • The offer is targeted to select Chase cardholders.
  • The maximum you could save with this promotion is $10
  • The promotion runs through Jan. 31, 2021 or when 45,000 customers have redeemed the offer (whichever is earlier).
  • Offer is only good on items sold by Amazon. Be sure to look for the “sold by Amazon” or “sold by Amazon Digital Services.” Items that are ‘fulfilled by Amazon’ or ‘Prime Eligible’ may or may not qualify.
  • Offer does not apply to Amazon gift cards or digital content.
  • This offer is not available to eligible Chase cardmembers who have previously used Ultimate Rewards to shop at Amazon.com, but it seems like this is not strictly enforced.

Things to keep in mind

Only products sold by Amazon.com are eligible; Amazon gift cards and digital content are explicitly excluded. If you don’t have any specific purchases in mind, consider buying gift cards that you can use, such as:

Note that when you activate the promotion, your Chase Ultimate Rewards points will be temporarily set as the default payment method at checkout. So, be sure to change your payment method if you make subsequent Amazon purchases after taking advantage of this offer.

You also should definitely have two-factor authentication turned on for your account in case of unauthorized use.

Related: The best ways to redeem points and miles for Amazon purchases

Bottom line

Regardless of whether you were targeted for this offer, now is a good time to make sure that all of your cards that earn Chase Ultimate Rewards, Amex Membership Rewards and Citi ThankYou Rewards are linked to your Amazon account. Although paying with points isn’t a good use of your points normally, paying with just one point can unlock excellent value during targeted promotions. Here’s how to link each type of card with Amazon:

Similar promotions currently available:

Additional reporting by Katie Genter

Featured image by Jason Alden/Bloomberg via Getty Images

Chase Sapphire Preferred® Card

WELCOME OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

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.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases.
  • 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 2x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services.
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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