(EXPIRED) $100 win at Amazon (20% off up to $500) w/ 1 Membership Rewards point

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Amazon is back with a huge win that they ran earlier this year: targeted customers can pay with at least one Membership Rewards point and get 20% off on up to a $500 purchase. As was the case last time, this is working on third party gift cards). This is a huge deal whether you’re shopping at Amazon for Black Friday deals or looking for gift cards.

a screenshot of a websiteThe Deal

Key Terms

  • This promotion starts at 12:00 am PST on November 22nd, 2018 and ends on the earlier of (i) at 11:59pm PST on 12/23/2018, or (ii) when Amazon elects to end the promotion.
  • Amazon reserves the right to modify or cancel this offer at any time.
  • Offer only applies to products sold by Amazon.com (Look for “sold by Amazon.com” or “sold by Amazon Digital Services LLC” on the product detail page). Products sold by third-party sellers or other Amazon entities will not qualify for this offer, even if “fulfilled by Amazon.com” or “Prime Eligible”.
  • Offer does not apply to digital content.
  • Shipping charges and taxes may apply to the full value of discounted promotional items.
  • Offer may not be combined with other offers.
  • The maximum benefit you may receive from this offer is $100.
  • Offer applies only to the purchase of items made with a Membership Rewards eligible American Express Card, where Membership Rewards points are used for at least a portion of the purchase and the promotion code is activated. When you click on the ‘Click to activate’ button your Membership Rewards points will be temporarily set as default payment method at checkout for a duration of six hours, unless you manually update your payment option. The promotion remains valid even after the temporary default setting lapses, until the end of the promotion period.
  • Offer is non-transferable and may not be resold.
  • Offer discount will be allocated proportionally among all promotional items in your order.
  • If any of the products or content related to this offer are returned, your refund will equal the amount you paid for the product or content, subject to applicable refund policies.
  • Promotional discount may not be redeemed for Amazon.com Gift Cards.
  • If you violate any of these terms, the offer will be invalid.
  • See full terms on the promotion page linked above

Quick Thoughts

In order to take advantage of this promotion, you will need to have an American Express card that earns Membership Rewards linked to your account with the ability to pay with points enabled. You do not want to pay entirely with points as the value is not good — just use 1 point for $0.01. As was the case the last time they ran this promotion, it is even working on third party gift cards.

a screenshot of a website

Of course, it’ll also work with merchandise. Last time around, there were some amazing deals possible. It’s worth hunting around to see what is possible this time.

Make sure you’re using the Best credit cards for Black Friday deals. We’ve added this to our running list of Black Friday Deals.

H/T: Deals We Like

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[…] $100 off $500 Purchase at Amazon […]

Minimalist Seller

You can use it for Airbnb physical GCs or digital GCs!

[…] addition to the savings you can get on Amazon by paying with 1 Membership Rewards point or 1 Ultimate Rewards point, you can now save $15 when spending $100 and using 1 Citi ThankYou […]

[…] often offers discounts when you pay with points.  For example, there’s a current targeted offer to save 20% when you pay with at least one Membership Rewards….  At the same time, there are often deals to get Amazon gift cards at a discount.  For example, […]

[…] few gift cards from Amazon, because I learned I was one of the lucky Amex credit card holders chosen to receive 20% off on a purchase of up to $500.  Woot!  I’m considering spending $500 on Hotels.com gift cards, which would ring in […]

[…] going for $109.99. If you are eligible and haven’t maxed out the Amex 20% off promotion (See: $100 win at Amazon (20% off up to $500) w/ 1 Membership Rewards point), you could get these for as low as $79.12 net with some work or $87.99 easily. That’s a […]

[…] and the new Echo Show has a regular price of $179.99. And it gets even better if you have the Amex 20% discount when paying with at least 1 Membership Rewards point as you can get it down to just $419.99 (plus tax). That’s pretty awesome if you’re […]

[…] can gain even more significant savings if you’re targeted for the 20% off up to $500 deal when paying with 1 Membership Rewards point or the $15 off $60 deal when paying with one Ultimate […]

[…] Get a 32GB 9.7″ Apple iPad on Amazon for $249 or $200 after 20% discount with this deal […]

Jeremy

Thanks so much! This has been great over the years, got it 2x not too long ago even and now another time.

Mike A

Does anyone know if you can use this promo multiple times? For instance, make one purchase today for $100, get $20 discount by using 1 MR point. Can I then make another purchase tomorrow and get the discount by using 1 MR point (presuming the promo hasn’t been shut down by Amazon yet)?

Randy

Stack with the 20% off offer?

Randy

The 20% off gift card offer I mean

AlexL

Thank you for your interest in this offer. Unfortunately, you are not eligible for this invitation-only offer.
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can only watch.

Points Pinnacle

Thanks guys. I used your affiliate link for this.

Christine B

1) Buy $400 in Amazon gc using your Discover Card – 5% cash back ($20)
2) Use one reward point from Amex to score $100 off
3) pay for the rest with your $400 gc you bought using Discover

All in savings of $120 on a $500 purchase. And it does work on giftcards.