(EXPIRED) Amazon: Get 40% Off On Up To $150 Spend When Redeeming 1 Amex Membership Rewards Point

The Deal

Get 40% off on up to $150 spend when redeeming at least 1 American Express Membership Rewards point.
Direct link to offer (our affiliate link).
Direct link to enroll in Shop With Points (our affiliate link).
Direct link to gift cards on Amazon (our affiliate link).

Key Terms

This is a limited time offer. The promotion will end on the earlier of (a) 5:00pm PT on 7/13/2023 or (b) the time at which 31,024 customers have redeemed the offer. The promotion button will expire concurrently.
Amazon.com reserves the right to cancel or modify this offer at any time.
Offer is available by invitation only, is non-transferable, is not redeemable for cash, and may not be resold.
Offer applies only to products where Membership Rewards points are used for at least a portion of the product and the promotion is applied at checkout.
This offer only applies to eligible products. Eligible products means 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.
Shipping charges may apply to eligible products and discounted promotional items.
Maximum benefit you may receive from this offer is $60 per eligible Membership Rewards-enrolled Card or per one Amazon account.
Offer may not be combined with other offers.
Offer discount will be allocated proportionally among all promotional items in your original order. If any of the items in your original order are subsequently returned, your refund will equal the original price of the product, less the proportional amount of the discount. The total discount on the unreturned amount of your original order will then be less than the maximum discount availed.
If you used points for all or part of your order and any of the products related to your original order are returned, subject to Amazon’s return policy, you will receive a refund of the amount charged to your Card. If you would like Membership Rewards points returned to your account instead of a refund to your Card, you must contact American Express.
If a refund cannot be processed by American Express for reasons including but not limited to closure of your Card Account, Amazon will issue an Amazon Gift Card to you for an amount equal to the value of the Membership Rewards points used towards your product.
Promotional codes (including those placed directly in accounts) may not be redeemed for Amazon Gift Cards.
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.
If you violate any of these terms, the offer will be invalid.
Terms and Conditions for the Membership Rewards program apply. Visit membershiprewards.com/terms for more information. Participating partners and available rewards are subject to change without notice.
The value of Membership Rewards points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo. See full Shop with Points Terms and Conditions for details on www.amazon.com/amexmr.

Tips & Ideas

This is an excellent deal if you’re targeted because you can buy third party gift cards and save 40% on up to $150 worth of them. Be sure to check the terms of your offer though because Amazon often has variations of these types of offers where different people will get different percentages off or higher limits on discounts.

Be sure to only redeem one Membership Rewards point though because redeeming more than that represents a poor use of your points. Having said that, I’ve seen people mention an offer that requires that you redeem ~700 points to get a discount, so if your targeted offer has that kind of requirement, redeeming only one point won’t get you a discount.

Although this offer is due to end on July 13, I’d take advantage of it ASAP seeing as it’s actually limited to 31,024 people and I imagine it’ll be fully redeemed before the end of Prime Day.