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Amazon is back with its popular targeted offer for American Express cardholders, but this time they have upped the amount of savings cardholders can grab. While the offer used to save cardholders up to $40, the new offer allows cardholders to earn up to $50 off on qualifying purchases by redeeming only 1 Membership Rewards point.

Reported by The Points Guy, Amazon is targeting some American Express cardholders with the ability to receive up to $50.00 off a qualifying purchase.

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While the past promotion required customers to spend a…

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