We’ve written about this deal before but it appears to be back! It appears to be targeted but if so, it seems widely targeted.
Get 40% off when you use Capital One miles
The offer seems to vary depending on your Amazon account – other offers we’ve seen include:
- 30% off up to $30 off of $100
- 40% off up to $20 off of a $50 purchase
We looked into it some more and tried getting an Amazon gift card itself, but the deal wouldn’t work with an Amazon gift card. I was not targeted this time but in the past, I have tried it with other gift cards such as Lowe’s, Cheesecake Factory, and Uber. Here’s the catch, not all Amex Membership Rewards Account are targeted. I’ll share with you how you can check if you were targeted.
Terms of the offer
Selected terms of this offer include:
- This is a limited-time offer. The promotion will end on the earlier of (a) 5:00 PM PT on 1/03/2025, or (b) the time at which offers worth $65,000 have been redeemed. The promotion button will expire concurrently. The offer is first-come, first-serve and subject to availability.
- Offer is available by invitation only, is non-transferable, is not redeemable for cash, and may not be resold.
- Offer applies only to the purchase where Membership Rewards points are used for at least a portion of the purchase and the promotion code is applied at checkout.
- This offer only applies to eligible products. Eligible purchases are products sold and shipped by Amazon.com. Products sold by third-party sellers or other Amazon entities are not eligible, even if they are fulfilled by Amazon.com or Prime eligible. Digital content products are also not eligible.
- Limit one promotion code per Membership Rewards eligible card.
- Offer may not be combined with other offers.
- Shipping charges may apply to discounted promotional items.
- Offer does not apply to purchase of digital content.
- This promotion is available only to Amazon.com customers with an eligible Membership Rewards® enrolled Card issued in United States. Promotional credit is applied before taxes and fees.
Step by Step Guide
To take advantage of this offer, follow these steps:
- Add your Capital One card to your Amazon payment method.
- Then activate the offer
- Add items sold by Amazon LLC to cart
- Check out and apply Capital One miles (the promo doesn’t say how many, so it might only be 1, or it might be 625)
- You should see 40% off your total purchase.
What to buy at Amazon
Of course the best thing to buy is something that you were already planning on buying! After all, even 40% of something you don’t need is a waste of 60% of your money 🙂
If you don’t have anything to buy, you could consider getting gift cards. Amazon gift cards typically don’t work but last time I did this, physical gift cards did work if they were sold by Amazon.com. If you’re a reseller, there are a few brands (Safeway, Lowe’s, etc) that would be profitable or you might get gift cards to a store that you use often.
More Ways To Save Money at Amazon
Amazon often has promotions where you can get a percentage or dollar value off a purchase by using at least 1 credit card point (like Chase Ultimate Rewards, American Express Membership Rewards, etc). These deals are typically targeted, but it’s a good idea to regularly check if you’re eligible, because these deals come around quite a bit. Note that it is generally a bad value to use your points to shop at Amazon, but it’s definitely worth using 625 points to save $20.
- Save at Amazon using 1 Amex Membership Rewards point
- Save at Amazon using 1 Capital One mile
- Save at Amazon using 1 Chase Ultimate Rewards point
- Save at Amazon using 1 Citi ThankYou point
- Save at Amazon using 1 Discover point
- Save at Amazon using 1 U.S. Bank Rewards point
You can also check out some of the Amazon daily deals
(H/T: Doctor of Credit)
Were you targeted with this offer? What did you end up buying?
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Dan Miller travels with his wife and 6 (SIX!) children. He loves to help families travel for free / cheap, especially larger families. If you are looking for help, drop him an email at 
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