The best part of using Amazon Coins are the steep discounts you can get when you purchase them in bulk. But that’s not the only way to save money – Amazon offers a variety of different deals that allow you to get a bigger bang for your buck if you’re clever enough to take advantage. We’ll go one-by-one and show you exactly how you can get the most out of your next in-app purchase.
Purchasing Amazon Coins in Bulk
This one is the most obvious, but the larger denominations of Amazon Coins you order the better the deal you can get. Starting at a measly 3% discount for purchases of 300 coins all the way up to 20% for 50,000 coins, Amazon offers pretty steep discounts if you’re willing to buy in bulk:
For serious savings you can’t beat the 50,000 coin discount of 20% off. For most people though ordering Amazon Coins 50,000 at a time simply isn’t possible but we strongly recommend you avoid buying Amazon Coins in quantities less than 1,000 at a time since you lose out on almost all of the savings. The best quantities to purchase coins in are:
- 1,000 Amazon Coins – Boasting a 10% discount and only costing $9.00 USD, this is one of the best cost-effective deals that anyone can reasonably afford. It’s double the discount of the next lower denomination of Amazon Coins and it is only a few dollars more expensive.
- 2,500 Amazon Coins – A 13% discount is nothing to scoff at and should be easily affordable for most people. A 3% increase over the next lower denomination of coins and only 7% less than the maximum discount available, this amount should be perfect for most people.
- 10,000 Amazon Coins – While it’s significantly more expensive than the previous two options on this list, the discount is extremely high. You’ll save 18% if you’re able to buy coins $82.00 at a time, only 2% less than the maximum discount available.
- 50,000 Amazon Coins – For serious savers only, the 50,000 Amazon Coin option allows you to save a whopping 20% off. Still, it’s only 2% better savings than the 10,000 coin package but if you’re a serious spender and are looking to maximize value, this is the best option available.
Most of the other coin denominations aren’t worth it, primarily due to low discount growth vs cost.
Using the Amazon Prime Rewards Visa Card
This is the real secret sauce of saving money when purchasing Amazon Coins. Amazon has a program called the Amazon Prime Rewards that offers you an additional 5% cash back when you make any purchase on Amazon.com which includes Amazon Coins! That means that regardless of how many Amazon Coins you order at a time, you can save an additional 5% on top of the bulk discounts!
In order to get the extra cash you’ll need to have the following:
- An Amazon Prime membership (which is free for the first 30 days if you don’t already have it).
- An Amazon Prime Rewards Visa Signature Card. The Amazon Prime Store Card will also offer you the 5% discount but if you get the standard Amazon Rewards Visa Signature Card you may only get a 3% discount.
In addition to the 5% discount, you’ll also receive a $60 Amazon gift card credited to you instantly upon approval. You can apply for the card online and easily check your balance through Amazon’s Credit Cards section.
Remember that this 5% discount applies to any purchase made on Amazon.com. So if you frequently shop on Amazon and already have a prime membership there is absolutely no reason you shouldn’t already have this card.
Prime Day & Temporary Discounts
Amazon will periodically have sales on Amazon Coins that offer even steeper discounts compared to the normal rate. Typically these involve the 5,000 and 10,000 coin denominations, though they have had sales on the 50,000 coin bundle as well. While these discounts typically coincide with Amazon’s Prime Day discount bonus, that isn’t always the case. There have been multiple Prime Days that haven’t discounted Amazon Coins whatsoever, so you can’t always count on a guaranteed discount.
Amazon will also occasionally offer discounts outside of Prime Day that usually run for a couple days, though these have become more and more rare in recent years. For instance, the price of 10,000 Amazon Coins hasn’t dropped below $81.00 since October of 2018, so I wouldn’t hold your breath waiting for the next coin discount.