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Prime Day rolls into its second day on Wednesday and we’ve already seen many jaw-dropping prices. But while it’s great to have discounted products sitting in your Amazon shopping cart, you can actually save even more by simply using your credit card points.
There are already Prime Day discounts available for American Express, Chase and Capital One card holders, but now Citibank card holders who earn ThankYou points can potentially join the bandwagon. That’s because today only — October 14 — Amazon shoppers with targeted Citi ThankYou credit cards can get $20 off their Amazon purchases of $50 or more when they pay for a portion of their purchase with ThankYou points.
Just as with the Amex, Chase and Capital One discounts, not everyone will be eligible for this promotion, and there are several steps you’ll need to follow to find out if you’re targeted, and to use the discount if you are. But we’ve put it all into a step-by-step guide to make it easier to save money on your next Amazon purchase.
Citi issues many different credit cards, but for this promotion, you need a card that specifically earns ThankYou points, which are most often used for travel, but can be redeemed in other ways as well. One of those alternate redemption options is Amazon’s “Shop With Points” tool, which allows you to pay for your purchases at Amazon with ThankYou points instead of cash.
There are several Citi credit cards that earn ThankYou points, including the Citi Premier℠ Card and the Citi Prestige® Card. But those cards come with annual fees, so if you don’t already have a Citi ThankYou card, you might want to consider the Citi Rewards+℠ Card, which has no annual fee and earns 2 points for every dollar you spend at supermarkets and gas stations up to $6,000 a year (then 1 point thereafter), and 1 point on all other purchases.
The Citi Rewards+ card also automatically rounds up to the nearest 10 points on everything you buy, so it’s a great choice for small purchases. And for new card holders, the Citi Rewards+ also currently comes with a sign-up bonus of 15,000 ThankYou points after you spend $1,000 on purchases in the first three months after opening the account.
In order to be able to use ThankYou points to pay for…