Amex Amazon Offer Gives 1,000 Points or $5 Cash Back

American Express is launching a targeted promotion for Amazon shoppers, offering a choice between 1,000 Membership Rewards points or $5 cash back on a $40 purchase. The deal can be used up to three times per card, but enrollment is required and must be completed by December 5, 2026.

The promotion applies to most Membership Rewards cards and is valid only for online purchases at Amazon.com or through the Amazon app in the U.S. Each $40 transaction qualifies for one reward, with purchases needing to be in U.S. dollars and shipped domestically.

This offer aligns with Prime Day deals scheduled for October 6-7, 2026. Cardholders are advised to enroll before making purchases, as exceeding the $40 per transaction limit reduces the effective return. Points are typically valued at approximately $15 each based on standard redemption rates.

The key takeaway is that shoppers can earn high-value points or instant cash back on routine Amazon purchases. However, missing the enrollment deadline or making purchases outside the U.S. could forfeit the bonus.