Save Up to $20 on a New Amazon Prime Membership

Here's the secret to saving money on Prime — and many other things you buy from Amazon or other online retailers.

Save Up to $20 on a New Amazon Prime Membership Photo by pixinoo / Shutterstock.com

Amazon Prime memberships rarely go on sale, but savvy shoppers can still effectively save up to $20 on a membership right now.

A few cash-back portals are currently offering a free $15 or $20 Amazon gift card with the purchase of a one-year Amazon Prime membership. So, instead of paying $119, you’d essentially pay as little as $99.

Existing Prime members are ineligible for these offers, although they can still save extra money on certain Amazon purchases by going through a cash-back portal. To learn more about that, skip to the “How to save extra money at Amazon” section below.

How to save up to $20 on Amazon Prime

The cash-back app Ibotta is currently offering a free $20 Amazon gift card for the purchase of a one-year Prime membership.

To redeem the offer, sign up for an Ibotta account if your haven’t already and then download the app. It’s free to join, and the app is free.

Then, open the app, look for Amazon and select the Prime offer. From there, you should be redirected to Amazon’s website, where you can buy the Prime membership as you otherwise would. Just make sure that you arrive at Amazon’s website by first going through the Ibotta app.

If you don’t want to use a cash-back app, go through Swagbucks or TopCashback. These cash-back portals have apps but also allow you to earn cash back by going through their websites instead of their apps.

Both Swagbucks and TopCashback are currently offering a free $15 gift card for buying a one-year Prime membership.

To redeem either offer, sign up for a Swagbucks account or for a TopCashback account. Both are free. Then, search for Amazon and click on the offer for the free gift card. You will be redirected to Amazon’s site, where you can buy the membership as you otherwise would.

Again, just make sure that you go through Swagbucks’ website or TopCashback’s website to get to Amazon.

How to save extra money at Amazon

When you shop online by going through a cash-back portal — whether it’s an app or a website — you earn cash rebates. This free money is commonly called “cash back.”

Cash-back portals receive a commission from retailers for referring online shoppers to those retailers’ websites. Then, the portals share that commission with shoppers. So, your cash back is your share of that commission.

Using a cash-back portal is an excellent way to increase your savings at Amazon or hundreds of other retailers. You’ll earn cash back even on top of other savings, such as from shopping a sale or using a coupon or promo code.

To start using a cash-back portal, just sign up for an account. Your options include:

If you already have an account with one of these portals, note that you can join more than one. Joining more than one portal helps boost your earnings because some portals offer more cash back than others at a given retailer. So, you would be able to go through whichever portal is offering more cash back on a particular purchase.

I use both Ebates and TopCashback for this reason.

To learn more about cash-back portals, check out “3 Websites That Pay You for Shopping.”

You can also learn more about Swagbucks — which offers multiple way to make money — in “5 Ways to Score Free Gift Cards and Cash in 1 Place.”

Do you use cash-back portals? Tell us about your experience by commenting below or over on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Karla Bowsher
Karla Bowsher
I’m a freelance journalist and former newspaper reporter who has covered both personal and public finance. I've worked for a top 50 major metro daily and a community newspaper as well as ... More

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