Updated offer links. If you have an American Express card with Membership Rewards (MR) points, you can redeem them to buy eligible items at Amazon.com. The redemption rate is 100 MR points = $0.70 to spend at Amazon, which unfoturnately is less than a cent per point and thus not really the ideal use of MR points. However, here are targeted promotions where you can save money after redeeming just 1 single MR point.
- $10 off $50+ or $5 off $30+ order, valid on items shipped and sold by Amazon. Must redeem at least 1 Membership Rewards point.
Here are some additional tips:
- If you haven’t linked yet, you can link your Membership Rewards points balance to your Amazon account here.
- If you have already linked your cards and aren’t targeted, you may consider removing your American Express card from your account completely, and then linking it again after a day.
- Items must be marked as both sold AND shipped by Amazon.com.
- Be sure to select your American Express as your payment method and redeem at least 1 point or $0.01 in value of Membership Rewards points.
- Savings should be reflected on the final order checkout page, before you commit to purchase.
This is a recurring perk for existing American Express cardholders, which is why one of my two “keeper” consumer American Express cards is the (keeps my Membership Rewards points active with no annual fee, helps qualify for various Amazon promotions). The other is the (6% cash back on US supermarkets, up to $6,000 annually).
You can also earn and keep Membership Rewards points active with a small business card. My favorite business American Express card is the – 2X MR points on all purchases, up to $50,000/year. No annual fee.
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