UPDATE: If you weren’t eligible to use this promotion earlier this week, try again now. There are reports that more American Express members are now able to take advantage of this great deal. Check this link here to see if you qualify for 20% off your purchase!

Amazon and American Express seem like they are always running some form of promotion. In the past they have run promotions for $20 and $30 discounts. Today they have brought back another classic promotion where you can save 20% off virtually any Amazon purchase of up to $500 when you redeem at least one Membership Rewards point. The only catch is that it has to be a good sold directly by amazon, not a someone listing goods on Amazon. The offer is relatively easy to claim, if you’re eligible.

Promo Details

Amazon is offering 20% off when you use American Express Membership Rewards points to pay for at least part of your purchase. Maximum discount is $100.

In order to maximize the discount you need to spend $500. The promotion is valid through December 23, 2018 but Amazon also has language that says they can elect to end this promotion when ever they want. Don’t wait on this promotion and act fast.

The Process

Activate the offer by clicking the “Click to activate” button on this page.

Not all members will be eligible, make sure that you already have an American Express credit card that has a Membership Rewards balance attached to you Amazon account before you attempt to register.

Add whatever eligible items you want to your shopping cart and head to the check out screen.

At check out you must use at least one American Express Membership Rewards point for your purchase. I recommend only using one point as Amazon only redeems Membership Rewards Points for around 1 cent per point and you can easily get higher value by transferring miles to airlines instead.

Make sure you don’t accidentally pay for your entire purchase with points, as that would lead to a really bad deal. Your order total should look similar to the one below before you finally check out

Who should and shouldn’t take advantage of this offer?

Everyone eligible should take advantage of the offer. Even if you can’t think of anything that you need to purchase, the promotion is good for Amazon 3rd party gift cards too such as Hotels.com, Southwest Airlines, AirBnBWhole Foods and more. The promotion is not available for Visa or Amazon gift cards. I bought $500 of Whole Foods gift cards and plan on using them over the next month on all groceries.

Who doesn’t love saving $100? Sign up and save today.

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