How to Shop on Amazon with Your Capital One Quicksilver Cash Rewards Points

You’ve heard Samuel L. Jackson tout the Capital One Quicksilver Cash Rewards credit card in those infamous advertisements. They include 1.5% cash back, no annual fee, and a $ 200 welcome bonus when you spend $ 500 within the first three months of opening the account. But the Quicksilver Cash Rewards card has another feature that is not as well known but could be valuable – the ability to redeem rewards on Amazon.

Amazon’s Buy with Points feature allows you to redeem Capital One rewards for purchases at checkout. As the holiday shopping season is in full swing, many consumers are exploring ways to save on gifts and essentials purchases. After all, this is the time of year when we tend to put the biggest dent in our wallets. The Capital One Quicksilver card rewards can narrow that gap a bit.

So what is Shop with Points, and how can you leverage the rewards on your Capital One Quicksilver card to save on Amazon purchases? Here’s a rundown of everything you need to know about the partnership.

How to use Capital One Quicksilver Rewards on Amazon

Using your Capital One Quicksilver Cash Rewards card rewards on Amazon is pretty straightforward. Once you’ve completed the steps to enroll your credit card in Shop with Points, you can choose to automatically apply your rewards with every Amazon purchase. Here is a step-by-step guide to redeeming Capital One Quicksilver Rewards on Amazon:

  • Log into your Amazon account and register your card.
  • On the setup page, you will have the option to choose whether you want your Capital One rewards to be automatically applied as payment for Amazon purchases. This can be handy if you plan to use your Capital One rewards often for Amazon purchases.
  • Add an eligible item to your cart. When you’re ready to pay, select your Capital One Quicksilver card from the list of payment options.
  • Check the box labeled “Use Capital One Rewards”. The amount of available rewards will be indicated. If you use a Capital One credit card that earns points rather than cash back, you’ll see your total points count along with the corresponding cash value for Amazon purchases.
  • Check back as usual and enjoy one less item to pay out of pocket!

How much are Capital One Rewards worth when you redeem them for Amazon purchases?

The cash back earned on your Capital One Quicksilver Cash Rewards credit card is worth the exact same amount for purchases on Amazon. So if you’ve saved $ 20 in cash back, you can apply it to $ 20 of qualifying Amazon purchases. You may be wondering what is the benefit of using your rewards through Shop with Points. After all, the value of your cash back does not increase when you redeem through this option. The advantage really is the convenience.

Rather than debiting an item from your Quicksilver Card and then requesting a credit on your statement, you can apply your Cash Back directly to your Amazon purchase. This is especially handy for those who shop frequently from Amazon and like to keep a low credit card balance.

Do you earn points for your purchases on Amazon?

You will earn 1.5% Cash Back when you use your Capital One Quicksilver Cash Rewards credit card for purchases on Amazon. However, you will not earn points when you redeem rewards through Buy with Points. This is because you are not loading the amount on your credit card – Capital One allows you to redeem rewards for those purchases rather than loading your card.

What purchases are eligible for Capital One Shop with Points?

Most Amazon purchases are eligible for Shop with Points redemptions through Capital One. However, there are a few restricted categories you should be aware of that are not eligible:

  • Amazon Appstore apps
  • Amazon Fresh Whole Foods Market
  • Amazon Kindle eBooks
  • Mobile phones with service
  • Digital music
  • Digital downloads (for example, Apple Care)
  • Items ordered through Buy Now or 1-Click
  • Prime Memberships (Hilton Honors)
  • First video titles
  • Subscribe and save articles
  • Rental of textbooks

Other Capital One cards eligible for Amazon Shop with Points

Capital One’s partnership with Amazon Shop with Points extends beyond the Capital One Quicksilver Cash Rewards credit card. There are many other Capital One credit card rewards that you can use on Amazon, including the Capital One Venture Rewards credit card, Capital One Savor Cash Rewards credit card, and Capital One Spark Miles for Business.

The bottom line

The Capital One Quicksilver Cash Rewards credit card is a great choice if you want a no annual fee card with a simple earning and redemption structure. Earning 1.5% Cash Back on all purchases is easy in a world of rotating bonus categories and incentives to spend. The ability to use Cash Back Rewards directly on Amazon purchases adds even more convenience and ease to the card.

With so many consumers buying from Amazon year round, it’s a great way to cover those expenses without dipping into your monthly budget. During the holiday shopping season, using your Cash Back Rewards this way can be a great way to lower your credit card spending. Less spending means a lower credit utilization rate and a better credit rating.

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