These credit card offers can save you money or earn bonus points at electronics stores
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
Update: Some offers mentioned below are no longer available. View the current offers here.
Editor’s note: This is a recurring post, regularly updated with new offers.
Black Friday and the holidays are approaching, and while there are many ways to get discounts on your purchases, Amex Offers is one of our favorites.
If you’re in the market for new tech this season, you’re in luck. Many American Express cardholders are currently being targeted for deep discounts at major electronic retailers through the Amex Offers program, including Best Buy, Dell and Amazon.
For more TPG news delivered each morning to your inbox, sign up for our daily newsletter.
Amex Offers on electronics
Best Buy, Dell and Amazon are currently each offering multiple types of Amex Offers.
Right now, there’s an offer on several types of Membership Rewards-earning Amex cards to earn one additional point per dollar spent at Best Buy. That’s equivalent to an extra 2% back based on TPG valuations. The offer on my American Express® Gold Card is valid through Oct. 31, 2020, but others have reported receiving the same offer valid through Dec. 31.
If you have a co-branded Amex card such as the Delta SkyMiles® Gold American Express Card or Marriott Bonvoy Brilliant™ American Express® Card, you might see an offer to earn a statement credit after meeting a certain spending requirement. If that’s the case, keep in mind that statement credit offers and Membership Rewards point offers are actually not considered the same. So if you happen to have both types of Best Buy offers appear, you should be able to add them both to your account despite American Express’s one offer per account rule.
For those who don’t have an item to purchase at Best Buy in the near future, you can still maximize these promotions. You can simply purchase a Best Buy gift card and then use it at a future date. This then allows you to reap the savings well after the holidays. Additionally, Best Buy sells merchant gift cards from various restaurant chains and gas stations, among many others. You might even be lucky enough to snag a Southwest or Disney gift card — even though these aren’t electronics or Best Buy-specific items, they should still trigger the bonus points or statement credit.
Related: Choosing the best card for tech purchases
We’re also currently seeing a similar offer which allows you to earn 1x additional point for every dollar spent on Dell purchases. This offer appears to be fairly widely available on Membership Rewards-earning cards, including The Platinum Card® from American Express, and is valid through the end of the year.
But if you have the Amex Platinum, you’ll want to make sure you also register for your up to $100 Dell statement credit, valid through Jan. 31, 2021. On top of that, this credit can be stacked with the existing credit offered by The Business Platinum Card® from American Express.
Related: 5 items to get with the new $100 Amex Platinum Dell statement credit
Perhaps the most rewarding Amex Offer currently available is for 5x additional Membership Rewards points per dollar spent on Amazon purchases. Similar to Best Buy, Amazon also sells dozens of third-party retailer gift cards, and they appear to be eligible for bonus points. This offer is available through Nov. 13, 2020.
Related: Best credit cards for Amazon purchases
Although less common, some cardholders have also reported receiving offers for $10 statement credits after spending $50 or $100 at Amazon. These offers expire on Nov. 8, 2020.
Bottom line
As with any Amex Offer, always read the terms and restrictions to ensure your purchase will apply, such as in-store purchases vs. online purchases. Also, you’ll only be able to add the offer to one card per Amex online account, so you’ll want to check all of your cards to select the one that offers the best return on the purchase. Unfortunately, Amex Offers are also targeted, so you may not see these offers at all. But if you do, I’d encourage you to add them right away, since these tend to have limited enrollment and may disappear before the expiration date.
Related: Your ultimate guide to Amex Offers
In addition, unless the terms of the offers indicate otherwise, you should be able to stack these with online shopping portals for an even greater return. Rakuten, for example, allows you to earn cash back or additional Amex points for shopping at hundreds of merchants.
If you don’t have an American Express card and don’t want to miss out on future offers like this, consider adding one of the following cards that are offering higher-than-usual welcome offers:
- The Business Platinum Card® from American Express: Earn 125,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card within the first 3 months of Card Membership.
- American Express® Gold Card: Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new card within the first six months, although you should be sure to check the CardMatch Tool to see if you’re targeted for an 75k-point bonus offer (subject to change at any time). Terms apply.
- Hilton Honors American Express Surpass® Card: Exclusively through TPG, earn 150,000 bonus points after spending $2,000 within the first three months of card membership. Plus, earn a $150 statement credit after your first purchase within your first three months.
And if none of these Amex cards match your needs, check out our guide on how to choose the best American Express Card for you.
For rates and fees of the Platinum Card, please click here.
Additional reporting by Victoria M. Walker and Jennifer Yellin.
Screenshots courtesy of American Express.
Featured photo by Spencer Platt/Getty Images.
Sign-up Successful!
Welcome to The Points Guy!
WELCOME OFFER: 80,000 Points
TPG'S BONUS VALUATION*: $1,650
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 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
- Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 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.
- 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.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
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.
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.