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Amazon Prime Day is in full swing, featuring great deals on items for frequent travelers and tablets for as little as $30. TPG readers should make sure they’re maximizing their Prime Day purchases by using the right credit card.

Another way to take advantage of Prime Day is through your credit card’s price protection benefitsAmazon used to offer this perk itself, but killed it in 2016 after a slew of apps automated the process making it incredibly easy to file claims and save money. But even if you’re not purchasing anything through Prime Day, you can lock in the discounted prices if you have a card that offers price protection.

Generally, price protection works like so: You make a purchase with your card and then find that the price has dropped shortly after you completed the transaction. If the price falls within a certain time frame, usually 60-120 days after the initial purchase, your card’s issuer will refund the difference between the two prices. 

If you’ve purchased an item within the period covered by your card’s price protection policy, then you can track prices today and tomorrow (Prime Day ends Tuesday at 11:59pm PT/Wednesday at 2:59am ET), see if Amazon is offering a discount on the item, screenshot the item at a lower price and then a submit a price protection claim with your bank. Final step: Enjoy your cash back!

If you don’t want to manually track and submit a price protection claim, Earny can do it for you. Earny scans your emails and will automatically submit a price protection claim on your behalf.

Citi Price Rewind may come in handy too since it automates the process, although the program was recently devalued and may not apply in the case of Prime Day since it now excludes claims “offered through a warehouse club where the merchant requires customers to pay a membership fee” (you have to be a Prime member to get access to Prime Day deals).

A number of stores like Bed Bath & Beyond, J.C. Penney and Home are offering to match Amazon’s Prime Day prices on select items, USA Today reports. This can be a great option for shoppers who aren’t Prime members.

You can read more on price protection here:

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

Apply Now
More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.