Amazon Prime Day Savings: Use 1 AMEX/Discover Point And Get Up To $50 Off

Amazon’s Prime Day has begun and it’s the best time to take advantage of targeted promotions. That’s because credit card promotions and the Prime Day savings both take a discount off of the item’s original price. Check out more deals here.

Amazon Prime Day Deals July 15

Q2 hedge fund letters, conference, scoops etc

This promotion is making for some crazy bargains on items like Fire TV Sticks:

Targeted Amazon Discounts

Here is what you can check to see if you’re targeted for by clicking to activate the promotions:

  1. Save 20% off sitewide, up to $50 total discounts, When You Use 1 AMEX Point.
  2. Save $30 off $60 When You Use 1 AMEX Point.
  3. Save $15 off $60 When You Use 1 Chase Point.
  4. Save 25% Off Select Amazon Devices When You Use 1 AMEX Point
  5. Save 25% Off Select Amazon Devices When You Use Discover Cashback
  6. Save $10 off $30 When You Use 1 Discover Point.
  7. Save 20% off sitewide, up to $50 total discounts, When You Use 1 Discover Point.

If you are targeted for multiple promotions you’ll automatically get the best offer each time you checkout. The 20% sitewide promotion is valid for multiple uses, until you max out the $50 discount.

If you aren’t targeted you can try:

Be sure to link your cards onto your primary Amazon account and on an Amazon Prime Free Household account, so that both accounts can get targeted.

You can also try deleting your cards from your Amazon account and then enrolling them again.

When you checkout, select your enrolled card, click on “Apply rewards points,” and enter $0.01 to use 1 point to save 1 cent (Don’t use more than 1 point as buying on Amazon only gives a paltry value of 0.7 cents per AMEX point or 0.8 cents per Chase point!):

AMEX point

Eligible AMEX cards that earn Membership Rewards points include:

H/T DanDeals

About the Author

Jacob Wolinsky
Jacob Wolinsky is the founder of, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at) - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver