Amazon Prime Day is nearly here, stretching four days from June 23 to 26. As you follow CNN Underscored for our extensive coverage of deals from the biggest online retailer during this time, you may be wondering if there’s a best way to pay for your purchases.
The most common way to pay on Amazon is with a credit or debit card. We think the best method is via credit cards, which can reward you with cash back or points — and we put together a guide to the best cards for online shopping so you can maximize your earnings with a card that makes sense for your financial situation.
Amazon also lets you make payments with credit card points, but we have an important point to make about that option: Quite simply, it is not the best use of those points. Except for points earned through Amazon’s own co-branded credit cards, most points you’ll earn from credit cards can be employed elsewhere for a better rate of return than using them to cover purchases on Amazon.
In this guide, we’ll show you why using Amazon’s Shop with Points option generally doesn’t provide good value for your points, how you can better use those points and look at some credit cards that provide a good return on your spending when used to make purchases on Amazon.
