Now, the post’s title may sound a little off given that American Express is a credit card, but one of my favorite ways on how to save money is by using this credit card. Now, I am not just talking about the points or cash back I earn by using a loyalty program credit card, but savings offers just for using credit card discount programs such as AMEX Sync and others.
For holders of American Express credit cards, and a few select debit cards, like Serve, you are eligible for American Express’ “sync” program. Their sync program is how to save money on a rotating list of stores by rewarding you with statement credits when you buy a certain amount, say $100, on certain products or services. Typically, $25 is what is offered. But, it could be higher, if you spend more than $100, as I have seen. It works like this. First, you need to pull up your account on americanexpress.com. Second, you need to locate the tab at the bottom of the screen that says “Offers.” Third, and most importantly, you must “add” the offer to the card before making the purchase.
It usually works fairly seamlessly, but you do have to make sure the transaction goes through properly, use the right AMEX card when making the purchase if you have several, and also spend the minimum amount in one purchase. For this last point, you cannot make multiple purchases on separate occasions at a store and receive the bonus.
How to save money using credit card offers
Here is where I have applied this offer to something that I would purchase anyway. This past week (when I checked) AMEX was offering a promotion at Amazon for essentially free money. Spend $20 and receive a $20 statement credit! Yesterday, I visited Amazon, bought $20 worth of stuff I needed and then almost immediately received a confirmation indicating that I triggered the offer.
American Express offers are great, but other credit cards offer are another way on how to save money while shopping. Discover Deals, Master Card, and Visa all have programs as well that will help you save money just for adding offers to your cards. Bottom line, before you buy, see if what its in your wallet already can help snag a deal you weren’t even aware of.