Multiple sources confirm that Giving Assistant is now telling users that the 5% rate they’ve been offering on all Amazon purchases will end at the end of October.
We only have another 9 days left. Be sure to make any Amazon purchases now or lock in the savings for the future by purchasing Amazon gift cards. (The terms officially don’t guarantee cashback on those, but it’s been working anyway.) Remember, that both Discover and Chase Freedom have Amazon as part of the Q4 2015 5x category.
You can still signup now to make use of the Amazon category and they have some nice portal rates and they offer super-fast payment, see our review of the portal here.
You’ll also to get a $5 signup bonus (after making a purchase) if you use a referral link to signup. Here’s my referral link
HT: @fareastexplorer and Reddit (Update: now I got the email as well)
Beyond that date, for people who will keep their prepaid REDcard acct open (or for the ones with a debit or credit Target REDcard card), Target now offers price matching with Amazon and many other major retailers. So if you’re buying big price items and they are also available at Target, you can get the 5% off at Target at the Amazon price, if you pay for it at Target with a REDcard.
A bit of intrigue in the way they imply that Amazon made them stop…
I wonder if amazon gave them a greater % back due to them having the “donate to charity” option. When amazon found out that most people aren’t donating their CB they may have lowered the rate to a similar level of what other sites offer.
Thanks for your message. Wish we had better news…We won’t be offering any cash back for Amazon after November 1st. That being said, we are continuing to work closely with Amazon to hopefully bring back some level of cash back in the future. Stay tuned!
–Alison
That 2.5% rate is a goner too.