3 Ways to Earn Cash Back on Your Amazon Purchases
KEY POINTS
- Amazon Prime membership prices have increased this year.
- Pay for your Amazon purchases with a cash back or Amazon-branded credit card.
- Use cash back apps and websites when shopping on Amazon.
Here's how to earn cash back while shopping on Amazon.
By now, you've probably heard about the Amazon Prime price increase. Whether or not you're an Amazon Prime member, you may be looking for ways to benefit from your frequent shopping habits. Here are three ways you can get rewarded by earning cash back on your Amazon spending.
Use a cash back credit card
You're probably already using a credit card to make purchases online. But are you using a rewards credit card? If not, you're missing out on the opportunity to earn rewards -- like cash back.
Cash back credit cards reward consumers who use their cards to make purchases. The more you spend, the more rewards you'll earn. Cash back rates can vary, so be sure to compare cards to see how much you can earn.
Most cards allow you to redeem your cash back rewards as a statement credit or enable you to deposit your earnings into your bank account. Ensure you're using a rewards credit card when paying for your Amazon purchases, otherwise you'll be missing out.
If you're in the market for a new credit card, check out our list of the best credit cards for Amazon.
Use an Amazon-branded rewards card
Another way to earn cash back is by using an Amazon-branded rewards credit card when shopping on Amazon. The Prime Visa offers an unlimited 5% cash back on Amazon and Whole Foods purchases -- as long as you're an Amazon Prime member.
Let's imagine you're an Amazon Prime member who has this credit card. If you charge $5,000 per year in Amazon purchases, you'll earn $250 cash back on your Amazon purchases.
Use cash back apps and websites
You can also earn cash back another way. Cash back apps and websites reward consumers for shopping online. All of these apps feature a variety of retailers that you can shop with and earn rewards.
TopCashback is one cash back website that offers Amazon cash back opportunities. You can also check with other apps and websites to see if they pay cash back for Amazon purchases.
The next time you go to fill up your Amazon shopping cart, consider whether you may be able to earn cash back on your purchase. A cash back credit card, an Amazon-branded rewards card, or a cash back app could help you turn your shopping habits into a rewards opportunity.
How to save money shopping on Amazon
Everyone loves to save money. You could spend less when shopping on Amazon by putting hidden Amazon perks to use and taking advantage of money-saving hacks.
Here are some ways to maximize your savings and get great deals on Amazon:
- 10 Little-Known Perks of Your Amazon Prime Membership
- Here's How Students Can Enjoy Amazon Prime for Less
- 3 Ways to Snag Free Shipping on Amazon Without Joining Prime
- One Little-Known Way to Score Great Deals on Amazon
If you're on a budget, you don't have to wave Amazon goodbye. Use the above tips to score great deals and take steps to earn cash back on your spending.
Our Research Expert
Natasha is a freelance writer who specializes in personal finance, credit card, credit card rewards, and travel hacking content.
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