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American Express Amazon Offer, Does American Express have Amazon Rewards?

The Amex Amazon Offer gives targeted card members up to 50% off, max $80, by redeeming Membership Rewards points on eligible purchases until December 31, 2023, with exclusions.

by Kowsalya

Updated Dec 15, 2023

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American Express Amazon Offer, Does American Express have Amazon Rewards?

American Express Amazon Offer

The American Express Amazon offer allows targeted card members to save up to 50% on eligible purchases, with a maximum discount of $80, by redeeming Amex Membership Rewards points. To participate, cardholders need an Amex card earning Membership Rewards, linked Amazon and Amex accounts, and enrollment in the "Shop with Points" program.

After activating the targeted offer through a provided link, users can apply at least one Amex point during checkout to trigger the discount. The promotion, valid until December 31, 2023, and limited to 60,000 customers, excludes Amazon gift cards but includes select third-party retailer gift cards, making it a valuable opportunity for savings on Amazon purchases.

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Does American Express Have Amazon Rewards?

Yes, American Express does have a partnership with Amazon called "Shop with Points." This program allows eligible American Express cardholders to use their Membership Rewards points to make purchases on Amazon.com. By linking their Membership Rewards account to their Amazon.com account, cardholders can conveniently apply points at the checkout, covering all or part of their Amazon purchases.

The conversion rate is 1,000 Membership Rewards points equals $7 at Amazon.com checkout. The eligible American Express cards include the EveryDay Preferred, EveryDay, Gold Card, Green Card, Platinum Card, Business Gold Card, Business Platinum Card, Blue Business Plus, Business Green Rewards Card, Corporate Platinum Card, Corporate Green Card, and Corporate Gold Card. This collaboration provides cardholders with flexibility and value when shopping on Amazon.

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How Much Are Amex Points on Amazon?

American Express Membership Rewards points can be used on Amazon, but their value on the platform is relatively low. When redeeming Membership Rewards points at Amazon, each point is worth approximately 0.7 cents. This means that if you have 10,000 points, you can exchange them for $70 worth of Amazon merchandise.

While it's a convenient option for those looking to make Amazon purchases, it's important to note that there are other more valuable ways to utilize these points, including booking travel, transferring points to travel partners, and redeeming for gift cards, all of which can offer a higher point value of 1 cent or more. So, if you're seeking to maximize the value of your Amex points, it's advisable to explore alternative redemption options beyond Amazon.

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Is Amazon Amex Worth It?

Yes, the Amazon Business Prime American Express Card is worth it if your company heavily relies on the Amazon ecosystem, including Amazon Business, AWS, Amazon.com, and Whole Foods. With its generous 5% cash back or 90-day interest-free financing on eligible purchases, the card offers substantial rewards for businesses deeply invested in these platforms.

However, you'll still need to consider if you would earn enough in rewards for it to be worth the annual Business Prime membership fee. If your spending is diverse and extends beyond Amazon-related categories, or if you're contemplating a Business Prime membership primarily for the card, exploring other credit card options might be a more suitable choice to ensure your business maximizes its benefits.

Does American Express Platinum Pay for Amazon Prime?

Yes, American Express Platinum Card members can enjoy a unique benefit related to Amazon Prime subscriptions. Cardholders are eligible to receive a credit for their monthly or annual Amazon Prime subscription, with a limit of up to $84 per calendar year, when they pay for their subscription using their American Express Platinum Card.

To avail of this benefit, both new and existing Amazon Prime subscribers need to save the offer to their Card and make their payments with the Platinum Card. However, this benefit is subject to certain conditions, including a one-time enrollment requirement via Amex Offers and it is available for the Primary Card Member only. This offer provides an added value to American Express Platinum Card members who are also Amazon Prime users.

American Express Amazon Offer - FAQs

1. How much can I save with the American Express Amazon Offer?

Card members can save up to 50% on eligible purchases, with a maximum discount of $80, by redeeming Amex Membership Rewards points.

2. What is the deadline for the American Express Amazon Offer?

The promotion is valid until December 31, 2023, and is limited to 60,000 customers.

3. What's the value of Amex points on Amazon?

About 0.7 cents per point, allowing 10,000 points to be exchanged for $70 in Amazon merchandise.

4. Is the Amazon Business Prime Amex Card worthwhile for businesses?

Yes, especially for heavy Amazon users, offering 5% cash back or 90-day interest-free financing on eligible purchases.

5. Do Amex Platinum members get Amazon Prime benefits?

Yes, they can receive up to $84 per year as a credit for Amazon Prime subscriptions by using their Platinum Card, with specific conditions and enrollment required.

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