CNN underlined examines financial products such as credit cards and bank accounts for their aggregate value, but does not examine all financial companies or all available financial offers. We may receive compensation for sending traffic to partner sites, such as Credit Cards.com, and this compensation may have an impact on how and where links appear on this site.
There are many Chase credit cards that earn Ultimate Rewards points, and while these points are generally best used for travel opportunities, you can also redeem them at Amazon. While we normally suggest saving them for travel, there is currently a great way to not only redeem your Chase Points during Amazon Prime Day, but also save even more money in the process.
Chase credit cardholders targeted by this promotion may save 50% for a maximum savings of $ 15 when you use Chase Ultimate Rewards points on Amazon until the end of Prime Day on June 22.
Targeted Chase credit card holders can get 50% off their Amazon Prime Day purchase, up to a maximum savings of $ 15.
Not all Chase cards are targeted for this offer, so we’ve broken it down step by step to see if you’re eligible for the discount and, if you are, show you how to apply it to your Amazon Prime Day order. .
To get started, you must have a Chase credit card that earns Ultimate Rewards points. This includes common credit cards such as Chase Sapphire Preferred Card, the Chase Sapphire Reserve and the Unlimited freedom hunt. Other Chase credit cards that earn points and miles tied to a specific airline or hotel are unfortunately not eligible for this offer.
Related: Earn $ 200 in bonus cash back with this Chase Freedom Unlimited offer.
If you have a Chase card that earns Ultimate Rewards points, you will need to link it to your Amazon account and sign up for the âBuy with Pointsâ payment option. You can click on this link to add your card to “Buy with points”, or search for it under the “Your Account” tab on the Amazon website.
Link your Chase credit card to Amazon’s “Buy with Points” tool.
Once your Chase card is linked, click here to activate the 50% discount offer. Keep in mind, however, that this is a targeted promotion, so you might see a message stating that you are not eligible. If so, you might want to check back every now and then, as sometimes Amazon expands its promotions and targets more people later.
But if you see the offer, you can sign up by by clicking on the “Activate now” button, and once registered, you can purchase all products sold and shipped by Amazon from Amazon. Unfortunately, items sold by third-party merchants are not eligible for this discount, but while Amazon gift cards are also excluded, there are many other retailer gift cards that you can purchase, such as Starbucks and Whole foods, and get the discount.
After adding eligible products to your Amazon basket, there is one step left to obtain the discount to apply to your order. During the payment process, you will need to select your linked Chase card as the payment method and then use at least 1 point to pay for your purchase. Once you’ve done that, you’ll see the discount appear in your payment total on the right side of the screen.
You will need to apply at least 1 Chase point to your order to see the discount.
When you pay with Chase Points on Amazon, 1 point equals 0.8 cents, which is not a great value. In fact, the loyalty website The guy at the points values ââChase Ultimate Rewards points at 2 cents each when you use them for travel. But you only have to use 1 point to Amazon for this reduction to take effect, and the remainder of your total can then be paid with your Chase credit card.
Be careful, however, because many times Amazon will automatically apply the total number of points to your order, so you will need to manually change it to a single point. To do this, enter $ 0.01 in the points section, which will only apply one point to your payment. Of course, you can apply as many points as you want, but you will get more value for your points by using them to travel down the line.
Let’s take a look at some examples of how this Chase discount works. Currently, thanks to a Lightning Deal, the 4th generation echo is on sale for $ 59.99 before taxes. However, if you are targeted for this Chase promotion, by applying just 1 point and paying the rest with your Chase credit card, you can reduce that price to an absurd amount of $ 44.99.
Get echo at a super low price when you combine this Lightning deal and the Chase deal.
Or, as of this writing, the refresh Apple TV 4K with the new Siri remote is on sale during Prime Day for $ 169 before shipping and taxes. But if you’re targeted by the Chase deal, you can add an additional $ 15 in savings (since that’s the cap for this promotion) to bring the price down to just $ 154.
Get a $ 15 discount on this new Apple TV with the Chase promotion.
Even if you don’t have a Chase credit card – or you’re not targeted for that particular promotion – there are currently similar offers on Amazon for American Express, Discover, and Citibank cardholders. This means that there is a possibility that you can still save money on your next Amazon purchase.
Plus, other discounts for using your credit card points usually show up on Amazon every now and then, so even if you’re not currently targeted for any of these offers, keep your credit card. enrolled in Amazon’s “Buy with Points” program in case you are eligible for another offer at a later date.
And remember, this Amazon pursuit offer is only good until the end of today, june 22, so if you are targeted for it, be sure to take advantage of it before it is gone!
If you don’t currently have an eligible Chase card, here are several options you might consider:
Read CNN Underscored’s guide on the best credit cards for Amazon purchases.
Get all the latest personal finance offers, news and tips at CNN Underscored Money.