Amazon has a targeted promotion for Prime members that offers you a 2% bonus when you reload your Amazon gift card balance using a checking account. For example, if you load $100, you will get $102 in Amazon credit. To see if this promotion is available to you click here to visit the Reload Your Balance page. If you are eligible, you will see the banner below.
For qualifying transactions, a reward equal to 2% of your qualifying reload amount will be automatically applied to your Amazon Balance after the qualifying transaction has been completed. You must reload your Amazon Balance using the payment method that includes a checking account and linked debit card. The maximum single reload amount to your Amazon Balance may not exceed $2,000.
I’m usually not targeted for these promotions and I saw it, so perhaps it is relatively popular. Note that this promotion isn’t all that valuable if you already purchase things on a 2% cash back credit card, or even better on a 5% back credit card with Amazon as a rotating category. Prime members can also get 5% back with the Amazon Store Card, which is basically a credit line that is only good for Amazon purchases.
However, if you avoid credit cards in general and usually buy things on a debit card, this is an easy way to get a little extra towards your Amazon shopping. Load your balance first via this promotion, get the 2% extra, and then go shopping.
Can’t this get you about 7% off a purchase?
If you have a 5% rotating balance card, and you load the gift card with that… So, you load $100 on a gift card, get $5 back from Chase or Discover, and get a $2 bonus from Amazon…
Unfortunately, this balance reload promotion restricted the bonus to reloads from a debit card/checking account, not a credit card. You can reload with a credit card, but no 2% bonus.
Amazon Prime Members can always get a 5% statement credit using the Amazon Store Card – https://www.amazon.com/gp/help/customer/display.html?nodeId=201739600
Thanks for the reminder, I always forget about that card since I can never justify another credit check for something only good at one store.
I buy *everything* on Amazon. I honestly can’t think of any other store worth my time. Maybe Best Buy? But that’s like once a year.