This Amazon promotion (originally described ) is now working a second time for many people. The promotion apparently got reset, so be sure to activate a second time . But see the caveats below. Didn’t see this posted; wanted to make a new thread so people saw it.
From Doctor of Credit:
"The terms of the promotion exclude getting the discount on ANY gift card, yet when the promotion rolled out initially it was working on third party gift cards, and it was even discovered to work when you buy $400 in Amazon gift cards + $100 in third party gift cards. However, sometime today, they enforced the gift card exclusion on Amazon gift cards, but third party gift cards are still working. So you can buy $500 in third party gift cards for $400, but Amazon gift cards won’t work toward the discount at all. Even the terms now only exclude Amazon gift cards, don’t exclude third party gift cards.
Interestingly, as part of the newly enforced rollout, the promotion got reset, and those who already used the promotion can do it again.
Note: while many of us are no longer able to use the promotion on gift cards, a few readers report still being able to buy $400 Amazon + $100 other gift cards, as we were doing before. It’s not clear why. Also note, not everyone was able to get it to work a second time, though for most it seems to be working. Be sure to click to ‘Activate’ a second time and see if it works for you.
We initially reported here that it’s only working on Prime accounts, however some non-Prime users are now getting it to work as well. As before, odds may be better it’ll work on a Prime account.
According to reports we’ve seen, you don’t have to use the entire $100 allowance up in one purchase. You can just organically make purchases over the next 12 days through Prime Day, and use up 1 Membership Reward point on each order, and get the 20% discount on each one. Note, Amazon can always pull the promotion early, so if you want to lock in the discount, better do it sooner than later. I’ll be buying $500 in gift cards for $400 which is a great deal.
Remember, the promotion only works on items sold by Amazon themselves, not items sold by others which are shipped by Amazon."