A New Amazon Money-Saving Promotion Launched: Now up to $60 in Savings for Amex Cardholders

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With Amazon being the go-to shopping site for many households today, American Express is making it easy to save money on your next purchase — if you have an American Express Membership Reward credit card. With these targeted offers, all you have to do is use just 1 Membership Reward point towards your purchase and you’ll immediately see the savings apply. And fortunately, another offer was just announced!

In addition to the up to $50 offer that was announced a few months ago, a new promotion was just launched where you can save up to $10. Unfortunately though, both of these offers are targeted, so you’ll need to check your account to see if you are eligible.

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Save $5 off $30 or $10 off $50

With this new offer, eligible accounts can save $5 off a $30 purchase or $10 off a $50 purchase — depending which one you are targeted for. This offer is valid through Dec. 31, 2020, so you have some time to take advantage of the savings.

With this promotion, you’ll have to add at least $30 or $50 in purchases sold and shipped by Amazon to your cart for the discount to apply.

You’ll have to check here to see if you are eligible and activate the offer.

Save up to 40%

This promotion has been going on for awhile now and was actually recently extended through Sept. 30, 2020. Targeted accounts will see an offer of up to 40% off (capped at a $50 savings) or a 30% discount (capped at $30 savings).

With this promotion, you’ll receive the discount on every purchase you make, up until you hit the maximum cap.

You’ll have to check here to see if you are eligible and activate the offer.

Steps to save money with Amazon:

  • If you haven’t already linked your American Express card to your Amazon account, you can do that here. (TIP: If you are not targeted for this offer, unlink your card and relink to see if that triggers the promotion).
  • Activate the offer in your Amazon account:
  • Shop at Amazon.com to receive your savings. Note: All products must be sold and shipped by Amazon.com.
  • On the payment page, select your linked Membership Rewards earning credit card. At the bottom of the payment page you’ll see all your linked accounts where you can use points (Chase and Amex). Select your American Express Membership Rewards Points account and enter the number of points you want to use towards your purchase. Since I do not like redeeming my points at Amazon (due to the low redemption value), I entered just 1 cent which means 1 point will be applied. For the promotion to apply, the minimum amount required is only 1 pointDo not do full points as it is not a good value!
  • On the checkout page, you’ll see the 1 point applied and the additional savings — whether it is $5 off, $10 off, a 30% discount or a 40% discount — depending on the offer you are eligible for. No promotion code needed!

Even more Amazon savings

Now, if you are not eligible for the above promotion — or even if you are — you might be eligible for another similar offer. With this offer, you’ll receive $20 off an $50 purchase, but it is limited to just ‘back to school’ supplies. This offer is expiring soon on Aug. 30, 2020. Again, you’ll need to check your account to see if you are eligible. You can shop all eligible Amazon back to school supplies here.


These are some awesome promotions and great ways to save even more money at Amazon. Since they do not require a coupon code, you are also able to combine it with any codes that surface. You can also combine these promotions with any additional money-saving offers, such as Amazon’s 20% off warehouse sale, any of their daily deals and even their $10 off $25 office supplies sale.

Just remember to active the promotion and apply 1 Membership Reward point at checkout. Enjoy your discounted Amazon purchase!

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Disclosure: As an Amazon Associate I earn from qualifying purchases.

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.

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10 months ago

I activated the offer, which was $20% off max $50. My subtotal was $66 but the amex discount was only $3, which is 5% not 20%. Do you know why that is?

Mitchell R.
10 months ago

I am going to try these steps to take advantage of this amazing deal. I generally use coupons for my online shopping needs.

5 months ago

I tried applying this to a future Amazon Prime membership subscription and don’t think the 20% off applied, has anyone tried this?

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