Amazon: Get 40% Discount When You Shop With Capital One Points

Update 7/19/24: More targeted now. I believe today is still the last day to do the deal (?), so you’ll want to hop on this quickly.

The Offer

Direct Link to offer (our affiliate link here and below)

  • Amazon is offering a 40% discount when you Shop With Points using Capital One reward points.

The Fine Print

  • The promotion will end on the earlier of (a) 5:00 PM PT on 7/19/2024, or (b) the time at which offers worth $115,000 have been redeemed.
  • Requires activation prior to use.
  • Must use a minimum of 625 points in order for this to work.
  • Max $20 discount.
  • Only items shipped and sold by Amazon.com are eligible for this discount.

Our Verdict

This is interesting as we’ve never seen Capital One take part in the Shop With Points promotions. I was not eligible when clicking the link; I added linked my Capital One card to Shop With Points on Amazon, and I’ll try clicking through again in a couple of days to see if the offer shows for me.

Often these Shop With Points deals work to buy third party gift cards on Amazon.com as well. We’ll add this to our full list of Shop with Points promotions and also to our main Prime Day post (updated constantly). 
    Chuck
  • On July 19, 2024, 15:16
Tags: amazoncapital onepay with points

View Comments (29)

  • Finally showed up on my account. Maybe extended:
    This is a limited-time offer. The promotion will end on the earlier of (a) 5:00 PM PT on 7/31/2024, or (b) the time at which offers worth $115,000 have been redeemed. The promotion button will expire concurrently. The offer is first-come, first-serve and subject to availability.

  • Even after activation, I can't see the offer in Amazon, the discount doesn't appear after applying points at check out. Did this deal dry up?? Anyone succussed today? I am confused!

  • shockingly this is the first one that worked for a while - but it was after i removed, re-added, and then removed again .got the offer when i didn't even have a capital one account linked

  • For some reason I can't enroll my C1 rewards account. I can add the card, can't link the points, only get a generic "oops, some error happened" error. Did anyone had this before?

  • The promotion will end on the earlier of (a) 5:00 PM PT on 7/31/2024, or (b) the time at which offers worth $115,000 have been redeemed.

  • Enrolled mine and p2’s vx on two separate Amazon accounts 2 days ago and offer showed up today.

  • I would value Capital One points at 1.5 cents each, so spending 625 points would be spending $9.38 to save $20 (max discount), you would be ahead $10 with this offer. If you value points at 2 cents each, then you are spending $12.50 to save $20... which is $7.50 savings.

    This offer doesn't look as attractive as the other spend points offers we often see where only 1 point is needed to unlock the discount.

    • Does this include the pay-with-points value? I think that's another $5 worth, so you're spending 625 points "$9.38" to save $25.(4cpp)

      • My original post did not include the pay-with-points value, which would be another $5 as you pointed out.

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