How To Get Cash Back on Amazon Purchases | CreditShout

How To Get Cash Back on Amazon Purchases

By Kevin / September 28, 2011
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Whether you are looking for video games, movies, books or just about anything else, seems to have it all. If you like to use their site, you could easily spend hundreds – maybe thousands – of dollars there each year on your favorite items and gifts for others. Why not earn some cash back on those purchases?

Let’s take a look at some ways in which you can earn cash back on purchases.

American Express Blue Cash: 2% Cash Back

Excellent purchases are considered department store purchases for Blue Cash Everyday(SM) Card from American Express cardholders. As such, customers will earn 2 percent cash back on any purchase they make through Amazon. This card also has no caps or tiers to worry about.

In addition to giving you 2 percent back on Amazon purchases, you can earn 3% cash back at supermarkets and 2% back on gas and at other department stores and 1% back on all other purchases. The flexible rewards program is what makes this card our preferred way to earn cash back on most of our purchases, including those on Amazon.

American Express Blue Cash Preferred Card: 3% Cash Back

Like with the Blue Cash card, purchases are treated as department store purchases on the Blue Cash Everyday(SM) Preferred Card from American Express. The perks are better with the Blue Cash Preferred card, as such purchases earn 3 percent cash back.

If you don’t have the Blue Cash and/or the Blue Cash Preferred card at this time and you plan to use it primarily for purchases, you’d probably be better off by going with the Blue Cash card. This is because this card has no annual fee while the Blue Cash Preferred card has a $75 annual fee.

You’d have to spend $2,500 at just to cover the annual fee on the Blue Cash Preferred card – a point at which you’d already have $50 in cash back with the Blue Cash card. However, if you are looking for a card that will also be beneficial on supermarket and gasoline purchases, then the Blue Cash Preferred card offers higher percentages in those categories (6% cash back at supermarkets and 3% back on gas), so for people who spend enough, it can actually be well worth the annual fee.

Discover More Card: 2% Cash Back

The Discover® More Card offers 2 percent cash back on purchases that are made this month (September of 2011). If you’re planning to shop on soon and you have this card, consider making your purchase by the end of the month. There is a $250 spending limit on the 2 percent cash back offer, so you’ll earn 1 percent on amounts that are spent in excess of this.

Earlier this month when Discover first announced they were offering bonus cash back at Amazon I was actually excited. However if you do the math, you can only earn $5 in cash back rewards on Amazon before being bumped down to the 1% tier with this card. Hopefully most people will see that this is essentially just a big marketing gimmick, and decide to pass. Rewards Visa: 3% Cash Back

The Rewards Visa offers 3 points per dollar spent on purchases. If you redeem 2,500 points, you’ll get a $25 gift card. Once you hit 5,000 points, you’ll have many more rewards options, including gas station gift cards and, as you get higher in points, you’ll be eligible to redeem your points for travel rewards.

This isn’t a bad deal if you are exclusively looking for a card to make your purchases with, as it effectively earns 3 cents on the dollar. However, if you want a more comprehensive card that has more rewards and flexibility, then the Blue Cash and the Blue Cash Preferred cards are much better options.

The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone. Additionally, the opinions of the commenters are not necessarily the opinions of this site

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