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Amazon points are worth 1 cent each, on average. For example, 10,000 Amazon points have a dollar value of roughly $100. As a result, Amazon points are more valuable than the average superstore's rewards points, which are valued at 0.84 cents each.
The exact value of Amazon points ultimately depends on how they are redeemed. They have the most value when used for store credit, but there are other options. The easiest way to calculate the value of Amazon points for any redemption method is to determine the dollar value of what you're redeeming for, minus any taxes and fees that you'll still have to pay, and then divide that amount by the number of points you're required to redeem. For your convenience, here's the formula for Amazon points:
Dollar Value of Redemption Item / Number of Amazon Points Needed = Amazon Point Value
Amazon Points vs. The Competition
| Rewards Program | Average Point Value | Value of 1,000 Points |
| 1 cent | $10.00 | |
| eBay Rewards | 0.67 cents | $6.70 |
| 1 cent | $10.00 | |
| 1 cent | $10 | |
| 1 cent | $10 |
Target and Costco provide rewards in the form of cash back. To make comparison simpler for shoppers, we translated cash back rewards to points at a 1:1 ratio.
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People also ask
What is the difference between cash back and points?
The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...
read full answer by Maria Adams, Credit Cards ModeratorHow do Amazon credit card points work?
Amazon credit card points are rewards earned with an Amazon.com credit card that can be used to pay for Amazon.com purchases at a rate of 1 cent per point, among other redemption options. Points from some non-Amazon cards can be used for Amazon purchases, too, and others offer bonus points when shopping on Amazon.
How to Use Amazon Credit Card Points
- Log in to your Amazon.com account.
- Link an eligible credit...
When do Amazon rewards points expire?
Amazon points do not expire as long as the Amazon credit card account is open and in good standing. The only time Amazon points expire is when you or Amazon closes the account without first redeeming unused rewards
Even though Amazon points expire only in these select situations, it's still a good idea to redeem your earnings on a regular basis. The whole point of rewards points and miles is to actually enjoy them,...
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