Don’t Fall For This Amazon Amex Offer

Don’t Fall For This Amazon Amex Offer

If you check your Amex credit card accounts today, you will see an Amex Offer for Amazon purchases. That’s usually a good sign as these offers will normally get you extra points for your Amazon purchases.

But this new Amazon Amex Offer is a different one. It requires you to spend $50 worth of Membership Rewards points. Here’s the offer:

• Earn 1,500 additional Membership Rewards® points (up to 3 times) after using your enrolled eligible Card to redeem a minimum of 7,143 points for $50 towards one or more qualifying purchases using “Shop with Points” online at Amazon.com or through the Amazon app by 9/30/2026.

So you need to use 7,143 points for $50 worth on Amazon purchases and you get 1,500 points back. That means that you’re using 5,643 points for $50 value, or 0.89 cents per point. While that’s better than the normal Amazon redemption rate of 0.7 cents per point, it’s still a bad deal.