A new round of Amazon-wide discounts for AMEX Membership Rewards is available, and this round expires on December 31! Offers include 15%, 30%, 40%, or 50% off, with maximum discounts of $15, $30, $60, or $80. The number of MR points required varies, so be sure to check the details. These offers are definitely worthwhile when you factor in the discount. Add the offer to your Amazon account now!

Citi TYP offers are here, too, with up to 40% off. Offers vary by person, so check what you’re eligible for after activating. These offers expire on December 31, 2026.

Other Chase, US Bank, and Capital One offers may also have refreshed. You can try the old links below, too! I checked a few, and they all told me to come back later.

Also, based on a suggestion from a group member, if you don’t see this offer, you can try the following:

  • Remove all AMEX and Discover credit cards saved to your Amazon account.
  • After removing them, do not click any offer activation links. Wait about 3 days before adding a card again.
  • Add an AMEX card that earns Membership Rewards or a Discover card.
  • Go to the Shop with Points page and link the card.
  • After linking it, do not click any offer activation links. Wait about 3 days.
  • Visit the offer links above again.

About Shop with Points

On Amazon, you can pay directly with credit card points or cash back. Here are the eligible rewards and redemption rates:

  • Discover cash back: $1 in cash back = $1 on Amazon
  • Chase Ultimate Rewards: 100 Ultimate Rewards = $0.8 on Amazon
  • AMEX Membership Rewards: 100 Membership Rewards = $0.7 on Amazon
  • Citi ThankYou Points: 100 ThankYou Points = $0.8 on Amazon

In general, you should avoid using points directly on Amazon. Redeem Discover cash back to your credit card first, then make your purchase to earn an additional 1% in credit card cash back. Chase Ultimate Rewards can be redeemed for cash at a 100:1 rate, while Amazon redemptions give you only 0.8 cents per point—a terrible deal. Also, Citi ThankYou Points, AMEX Membership Rewards, and Chase Ultimate Rewards can be transferred to airline miles or hotel points under certain conditions, often for much more than 0.8 cents per point.

There are a few situations where redeeming points this way may make sense, such as:

  • Redeeming leftover points when closing an account
  • Your account is being closed and you need to quickly redeem the remaining points
  • There is a points redemption promotion, such as $25 off $50

This article focuses on current Shop with Points promotions.

Capital One Rewards has officially joined Amazon’s Shop with Points program. If you have one of the cards shown below, you can enroll now. Given how Amazon works, it probably won’t be long before there’s an offer that gives you a discount for using 1 Capital One Rewards point.

BofA and US Bank have now joined, too, at a 1:1 ratio.

How to use it

  • Select the rewards you want to use (AMEX Membership Rewards in this example), then click Get Started.
  • After signing in, you’ll see the AMEX cards available to enroll in Pay With Points. If your card isn’t listed, you can enroll a new card. Note that only AMEX cards that earn Membership Rewards can be added; cash-back cards are not eligible.
  • After adding the card, you’ll see your current points balance and its value on Amazon.
  • Once the card is added, select it at checkout to use Pay With Points. You can adjust the amount you want to cover, from $0.01 up to the order total.
  • Click Place Your Order to finish.

Shop with Points promotions

The most appealing offers are probably the occasional Shop with Points promotions. Past offers have included $25 off $50 and $10 off $20, which can be great deals. After all, Amazon sells just about everything. See the summary of current offers at the beginning of this article.

The old links below are currently expired, but they sometimes come back. Try checking them from time to time.

This was once a bugged offer. Hilton points can now be used on Amazon at a value of 0.5 cents per point to pay for anything; previously, the rate was 0.2 cents per point. I strongly suspect this is a bug, so I redeemed all my points for gift cards. Hilton points are generally worth around 0.5 cents each, so redeeming them on Amazon at that rate is a no-brainer. If you don’t have any upcoming Hilton stays booked with points, it may be simpler to redeem them all and pay cash for your Hilton stays instead.

Tips

Here are some tips for getting the most out of these offers:

  • You need to activate an offer before using it. If you see one, add it to your account first.
  • If you can’t see an offer, try first adding a credit card that’s linked to your AMEX Membership Rewards points, then see if you can open the offer.
  • If multiple Amazon accounts have activated the offer, you can use the Membership Rewards points from a single AMEX card to get this deal; the card does not need to be in the same name as the Amazon account. So if you really don't have a Membership Rewards card, borrow one.
  • You don't need to use the full $100 all at once; multiple orders are fine. If you cancel an order, the amount will automatically be credited back.
  • If you want to use your Amazon gift card balance along with the 20% discount, a simple trick is to add both the item you want and a high-priced item to your cart at checkout (one that costs more than your gift card balance). Once you see the 20% discount, gift card, and credit card payment applied at checkout, remove the high-priced item. The end result is that you can use your gift card balance along with the 20% discount.
  • Some Black Friday offers are lightning deals, where the discount is applied afterward. The 20% discount may apply to the price before the lightning deal discount, so you may be able to get something for free. For example, this Swiss Army knife.
  • These offers generally apply only to items sold and shipped by Amazon. Most third-party gift cards are also eligible for this offer. If you really don't have anything to buy, you can try: third-party gift cards

Getting Points Back

Sometimes, when you're not paying attention, you may accidentally use all your points to pay (AMEX points are worth only 0.7 cents each when redeemed this way). If that happens, don't panic. You can try the following ways to get your points back:

  • If you just placed the order and the points have not yet been deducted from your AMEX Membership Rewards account, cancel the order right away. Be sure not to switch to another payment method, or the points may still be deducted first and then refunded later.
  • If the points have already been deducted, you can cancel the order, return the item, or refuse delivery of the Amazon package. However, Amazon will not refund the points. Instead, it will issue a statement credit for the item's value. After you receive the refund, contact AMEX customer service (online chat is fine). The representative can remove that statement credit and restore the original points to your Membership Rewards account. If only a small number of points are involved, it's probably best not to do this. Returns like this can cost Amazon a fair amount.

If you're worried about accidentally using all your points, remove the Membership Rewards/Ultimate Rewards/ThankYou Points payment option after you finish using each offer.