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We have been longtime lovers of Amazon shopping. But it wasn’t until we really had to cut back our expenses did we truly discover all the money-saving opportunities Amazon had to offer.
If you’re not familiar with Amazon, it basically has everything: clothes, toiletries, electronics, jewelry, food, and so much more. (Check out these top money-saving products available on Amazon)
We wanted to share all the commonly overlooked money-saving opportunities so you can shop in your p.j.’s and feel good about it.
Quick Tip: To Save the most money possible while shopping on Amazon, you’re going to want to become an Amazon Prime Member. Many of the hacks listed below are only for Prime members. But don’t worry! You can sign up for a free 30-day Prime Trial here before reading on. Or, if you’re a new mom sign up for a Prime Family account (free trial) and get 20% diapers and other baby products (along with all the other Prime perks)!
Not only will you score 2-day (or faster) free shipping, you’ll also get endless money-saving perks. Not to mention you get music streaming, video streaming, unlimited photo storage and more, ALL INCLUDED in your membership.
Make sure to bookmark this post so you can come back to it before the next time you need to shop on Amazon!
1. Amazon – Don’t Buy Without Cash Back Tools
When your checking out from Amazon as a Prime member, you expect free shipping. You expect the lowest price. Can you expect to save even more money on Amazon? Surprisingly yes. You can save even more money on Amazon with Rakuten and Wikibuy.
Rakuten – Free $10 Amazon Gift Card
The Rakuten Browser Extension (the Rakuten Button) is the best cash-back earning machine for shopping online. Why? Because it works automatically.
When you check out from Amazon, Rakuten will scan your shopping cart in search for rebates. When it finds a one, the Rakuten Button notifies you: “would you like $3.00 back on your Amazon order?” Click yes, and free money will automatically be added to your Rakuten account.
Side note: If you don’t have a (free) Rakuten account, sign up for one here. You’ll get a $10 Welcome Bonus the first time you earn free cash back. Cash in your bonus for a $10 Amazon Gift card.
How do you redeem your free Rakuten money? This is the easiest part. Rakuten sends a check in your name to your home every 3 months. This happens automatically.
What’s more, Rakuten works across the entire internet (not just Amazon). When you shop online at any retailer, Rakuten will search for rebates in the background.
All you have to do is download the Rakuten button, collect a free $10 gift card to spend at Amazon, shop online like normal, and Rakuten will send free money to your home every 3 months.
Want more info on Rakuten (and their free $10 welcome bonus)? Check out our full Rakuten review here.
Wikibuy by CapitalOne
Wikibuy is a database containing thousands of coupons for thousands of products. The Wikibuy browser extension automatically applies these coupons to your online orders.
When your checking out from Amazon, Wikibuy will scan your cart. If a product you’re buying has a coupon code, the Wikibuy button will let you know. You can then apply the code to your cart, and effortlessly save money.
What should you do with all the money you save with Wikibuy? Buy more free stuff on Amazon. You can redeem your Wikibuy money for free Amazon gift cards to give yourself a guilt-free shopping spree.
And of course, the Wikibuy browser extension works across the entire internet. After you download the extension, you shop online like normal, Wikibuy finds coupons, you apply them, you save effortless money while shopping online.
2. Amazon Warehouse Deals (Open Box Deals)
Basically, Amazon’s Warehouse offers steep discounts on products because they have either been returned (used), refurbished, damaged, or even returned unused!
Long story short, they have been deemed “unsellable” by Amazon’s regular store standards so they are in turn discounted and sold as open box deals!
These Amazon Warehouse items have been discounted anywhere from 5% all the way up to 40% off the original price!
Some of the products haven’t even been touched and only have mild superficial damage to the packaging!
Each item is rated by its condition: Like New, Very Good, Good, and Acceptable. No matter what condition you decide to go with, Amazon’s great return policy still applies!
We personally tend to stick with the Like New and Very Good conditions based on what type of product we’re going for.
Here’s an example of an awesome deal Amazon was offering while I was writing this post:
So I searched what the Warehouse Deals had to offer as far as GoPro Cameras.
This GoPro Camera HERO+ LCD HD Video Recording Camera is normally priced around $272 (prices may vary) when bought brand-new from the normal Amazon Store.
On Amazon Warehouse Deals I found the exact same GoPro Camera in “Like New” condition for only $177! They even describe the condition so you know exactly what to expect!
You can save almost $100 on this GoPro video camera that has zero imperfections and has been tested by Amazon to ensure it is fully functioning!
In this case, the only reason it was heavily discounted was because the packaging was damaged. The GoPro itself was perfect! Such a great steal for just a dented box!
Pro Tip: Before your first purchase on Amazon Warehouse, make sure you are an Amazon Prime Member. Prime members get free, 2-day shipping – even on these massively discounted warehouse deals.
Sign up for Amazon Prime here (and get a 30-day free trial).
A few of the popular Warehouse Deal categories are:
- Cell Phones & Accessories
- Power Tools
- Video Games
- Amazon Devices
- Plus So Much MORE!
3. Amazon’s Outlet Store
The Outlet store is a little different from the Warehouse because the outlet only carries new items at heavily discounted prices!
These items are discounted because they are either: older models, markdowns, overstocks, or closeouts. The products are primarily discounted to help them sell FAST!
Amazon Outlet also has “Lightning Deals” meaning there are only a specific number of the products left, and/or the sale is only going on for a set amount of time (like 24 hours only).
The Outlet store usually has savings ranging from 20% all the way to over 80% off!!
What’s more, Amazon Outlet offers free shipping to Prime Members. Without Amazon Prime, you’re cutting into your savings. Try Amazon Prime free for 30 days when you sign up here.
Some popular categories in the Outlet store are:
Check it out the entire Amazon Outlet Store HERE!
4. Leverage Amazon Prime Benefits
We all know about Amazon’s famous ✓Prime two-day free shipping: your package will be delivered to your door; to a secure Amazon locker; or even inside your home, your garage, or the trunk of your car with Amazon Key in 2 business days. But saving on shipping is old news. There are a myriad of money-saving opportunities available to Prime Members. Don’t know what they are? We’ve got you covered.
Subscribe & Save
Prime members save 15% on toilet paper, tissues, paper towels, trash bags, water filters, toothpaste, electric tooth brush heads, floss, mouth wash, razor blades, dog and cat food, cat litter, and even protein powered. What do these items have in common? They run out. When you *subscribe* to have these items delivered to your door on a recurring basis, you *save* 15% on your entire order. Subscribe & Save is your hub for massive discounts on toiletries.
Every item here in Amazon’s Subscribe & Save store is available for 15% off.
Have a baby? Prime members get 20% off diapers and baby food.
Diaper brands include:
- Seventh Generation
- The Honest Company
What’s more, you don’t have to spend time driving to the store to pick these things up. Subscribe to have diapers delivered to your home as often as you need them (and get 20% off your order) so you can give your wallet a break and remove one layer of stress off your shoulders.
Check Amazon Family to see if they carry your favorite diapers or baby food so you can start saving 20%
Prime Member Deals at Whole Foods
Did you hear? Amazon bought Whole Foods. On your Amazon app, click the Whole Foods button in the left hand corner. There you will find a list of Prime Member Deals on a variety of food items.
Check out which foods you can get at a bargain on at Whole Foods.
(Psst, keep reading to learn how to save 5% at Whole Foods every time you shop)
Your photos are your memories. Cloud storage is the best way to keep your memories safe and secure. With cloud storage, it doesn’t matter if you lose or break your phone full of pictures. Every photo is safe on a 3rdparty server, ready to view on any device through the internet. Nearly every company, however, charges to use their cloud storage. Not Amazon. Prime members get *unlimited* cloud storage for photos, absolutely free.
Stop paying for cloud storage. Learn more about your unlimited photo cloud storage at Amazon Photos, here.
2 million songs! Download the Amazon Music App to instantly have 2 million songs in your pocket. What’s more, it’s ad free music. Skip songs as often as you’d like. Download songs for data-free streaming. You have all the perks of paying for a streaming service, except it’s free because you’re a Prime member.
Start streaming free, ad free music with Prime Music.
A Prime membership costs $10/month. That’s less than Netflix, Hulu, and practically every other legitimate streaming service available. Nevertheless, Good Omens, Jack Ryan, The Marvelous Mrs. Maisel, Transparent, and many more award winning shows are free to stream for Prime members. It’s simply another gem in Amazon’s trove of Prime Member benefits.
If you’re a reader (or you’re searching for you next productive, mind-stimulating hobby), and you haven’t heard of Prime reading, you’re in for a pleasant surprise. Prime members get one free book per month, every month.
Check out their Prime Member library. You can pick out 12 of these books every year and read them for free.
Free Same Day Delivery
Need something now, but feel too lazy to go out and get it? Order it on Amazon’s PrimeNow app for same day, 2-hour delivery. Some cities even offer 1-hour delivery. After you place your order, you can follow an up-to-date GPS location of your package to know exactly where it is on the road.
Free Ultrafast Grocery Delivery
Nobody likes grocery shopping. That’s why grocery delivery services are popping all over the app store. Amazon, however, offers grocery delivery as a FREE service. Pick out your groceries, and an Amazon employee will pick up your order and deliver them straight to your home. For FREE!
5. Sign Up for the Amazon Prime Rewards Visa Signature Card
We use the Amazon Prime Rewards Visa Signature card every time we shop on Amazon. Here’s why:
5% Back on Amazon
With the Amazon Prime Rewards card, you get *unlimited* 5% cash back at Amazon. When you spend $100, you get $5 back in free cash. How much do you spend on Amazon every month? How much free money have you missed out on because you don’t have this card?
5% Back at Whole Foods
Use your Amazon Prime Rewards card at whole foods to get *unlimited* 5% cash back on groceries. Unlimited 5% cash back on groceries is unprecedented. You will not find this kind of savings at any grocery store, anywhere, ever.
2% Back at Restaurants, gas stations, and drugstores
The standard rewards credit card offers 1% cash back on everything. A good rewards card offers 1.5% to 2% cash back. The Amazon Prime rewards card offers unlimited 5% cash back on Amazon, unlimited 5% cash back at Whole Foods, AND unlimited 2% cash back at restaurants and gas stations. The cash-back potential of the Prime Rewards Card contends with any top rewards credit card on the market.
1% Cash Back on Everything Else
The Amazon Prime Rewards card is not just a store card. It’s a Visa Card. It works everywhere. Everything you buy earns cash back. Everything you buy earns you free money to spend on Amazon.com.
For any credit card that offer this much cash back, you would expect to pay an annual fee of at least $100/year. Unbelievably, this is not the case for the Amazon Prime Rewards card. There is no fee. You will get 5% back on Amazon, 5% back at Whole Foods, and 2% back on food and gas to the tune of $0.00! All you have to do is be a Prime member. Amazon is literally giving anyone with good credit the opportunity to have a top-earning rewards card. If you shop at Amazon only a little bit, you need this card.
How Should I Spend My 5% Cash Back?
Now that you’re collecting 5% cash back on every purchase, you may wonder how to best spend your free money. We at Budgeting Couple recommend you pay your statement balance. That’s how you get the most cash back! Let me explain:
If you buy a product on Amazon using your “cash back”, you WILL NOT earn 5% back on your purchase. That means you miss out on free money. If you want 5% cash back every time you shop on Amazon, you must use your Amazon Prime Rewards Card.
Here’s what to do: if you earn $100 in free cash back, use that money to pay off your statement. Then go spend $100 using your Amazon Prime Card and get 5% back on your purchase.
Do you have something you need to buy on Amazon, right now? Get the Amazon Store card first! Once you apply, you’ll know in seconds whether or not you are approved for the card. If you are approved, you can start making purchases with your card immediately. (You will get 5% cash back on your order, today.)
Apply for the Free Amazon Prime Rewards Visa Signature Card here to start collecting unlimited 5% cash back at Amazon
Also See: 12 Best Cash Back Apps in 2020
Bonus Amazon Hack: Get Free Amazon Gift Cards
What? You still want more free money to spend on Amazon? Lemme’ think…
Okay, here’s a tip: many cash back apps have welcome bonuses that you can redeem for free Amazon Gift Cards. Simply download the free app, use the app to collect free cash back, and you’ll get a welcome bonus.
Our favorite welcome bonuses [click any/all of the links below to collect your free money]:
- Rakuten/Ebates: $10 Welcome Bonus
- Ibotta App: $20 Welcome Bonus
- Drop App: $5 Welcome Bonus (only with our promo-code: budgetingcouple)
Check out our full list of ways to Collect Free Amazon Gift Cards, here.
Want to save this post for later? Bookmark it now or Pin it here.
For More Money Saving Tips:
- 20+ Ways to Get Free Amazon Gift Cards
- How to Lower Your Bills (effortlessly)
- 32 Cheap Living Tips to Spend Less Money
- Best Free Checking and Savings Accounts
* Wikibuy compensates us when you sign up for Wikibuy using the links provided.*
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