There are many options for maximizing your Amazon gift card purchases. Related: The best credit cards for purchasing gift cards Something to keep in mind The card currently offers a $200 bonus after spending $500 on purchases in the first three months of account opening. The card details on this page have not been reviewed or provided by the card issuer.įinally, there's also the no-annual-fee Chase Freedom Flex, which offers 5% back (or 5 points per dollar spent when paired with an Ultimate Rewards-earning card) on rotating categories on up to $1,500 in purchases each quarter you activate. The information for the Amex EveryDay Preferred has been collected independently by The Points Guy. That means you could be earning as many as 4.5 points per dollar spent at grocery stores, a 9% return.
But what makes this card stand out is that it offers a 50% points bonus if you use it more than 30 times in one month. supermarkets, then 1 point per dollar spent thereafter. It earns 3 points per dollar spent, on up to $6,000 per calendar year, at U.S. The Amex EveryDay® Preferred Card from American Express could also be a good option.
Related: New to travel rewards? Here's the perfect beginner card combo Then, you can use that gift card like cash at Amazon. So, you could buy an Amazon gift card at Staples or OfficeMax and earn 5 points per dollar spent for an effective 10% back. After all, then you can convert your cash back to transferable Ultimate Rewards points, which are worth 2 cents each according to TPG valuations. However, the return jumps to 10% if you also have a Chase Sapphire Preferred Card, Chase Sapphire Reserve or Ink Business Preferred Credit Card. On the surface, the card earns 5% cash back at office supply stores on the first $25,000 in spending each account year. One of the best cards for purchasing gift cards is the Ink Business Cash Credit Card. Earning up to 5 points per dollar on Amazon purchases While very few credit cards offer Amazon as a bonus category, some offer high category bonuses at places that sell Amazon gift cards, such as grocery stores, gas stations and office supply stores.įor more TPG news and deals delivered each morning to your inbox, sign up for our daily newsletter. The secret to earning the most points on Amazon purchases is gift cards. And that's before factoring in any American Express Offers or other special Amazon promotions. However, if you're willing to take an extra step before making your Amazon purchases, you could walk away with up to 5 points per dollar spent or an effective 10% return. We've previously dug into the best cards for Amazon purchases, including cards that earn up to 5% cash back on your purchases. If you're among the nearly 150 million Amazon Prime members in the U.S., chances are you spend a significant amount with the online retail giant.
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