[Expired] WOW: Get those Bose for a net ~\$27 (sorta). Or tons of other deals amplified.

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Talk about saving the best for last: if you still have the ability to get 20% via either of the 2 Amex Membership Rewards promotions, you can get a monster deal. I can’t take credit for this discovery — a reader commented on my post from late last night / early this morning, and it seemed good enough to share as all of the best Amazon deals can be maximized for a further discount by adding an Amazon gift card to make up the difference between the “original” price and \$500, thereby netting a full \$100 discount.

As an example, let’s look at the Apple version of the Bose noise-cancelling headphones that we posted last night. As you can see, the “original” price is \$279 (the “price” under the list price):

As we noted last night, the 20% off that you can get by paying with 1 Amex Membership Rewards point (if you aren’t eligible for that promotion, see the section titled “Second 20% off promo” below) is taking 20% off of the original \$279 and subtracting it from the sale price of \$125.

20% of \$279 = \$55.80
\$125 (sale price) – \$55.80 = \$69.20

And that’s how it comes up in the cart:

However, reader Larry figured out how to make this deal much hotter. Remember that the 20% off promo works on an order size up to \$500 — you can get a max discount of \$100. As Amazon is figuring the discount based on the “original” price of the headphones, Larry figured out that if you add an Amazon gift card worth the difference between the original price and \$500, you’ll get a total discount of \$100.

In other words, \$500 (max order for discount) – \$279 (original price of headphones) = \$221. If you add a \$221 Amazon gift card to your card, you’ll get a total of \$100 off. Start off by adding the headphones (Apple version) to your cart plus a \$221 Amazon gift card.

When you go to checkout and apply at least 1 Membership Rewards point either using the original promotion or the new promotion (more below), this is what your total will look like:

That’s a total of \$247.99. For \$247.99, you get:

2. the Bose QuietComfort 25 Acoustic Noise Cancelling Headphones

And if you stack with the Quick Deal that Stephen posted earlier (See: New Amazon Amex Offer: Earn 3x Membership Rewards), you’ll also earn 744 Membership Rewards points. Now that’s a steal. If you were to value the Amazon Gift Card at face value, that would mean a net cost of \$27 for the headphones. An Amazon gift card isn’t the same as cash that can be spent anywhere, but if you’re an Amazon Prime member, I’m sure it’s pretty close in value to you.

That same technique works on tons of other items. Here is the Sonos One with a total of \$301 in gift cards (\$50 as part of the bundle + \$251 added to hit the \$500 mark) for \$353.91.

That speaker alone normally sells for \$199. Getting that plus \$301 in gift cards for \$353 is an awesome deal.

This works for tons of the other good deals we’ve posted. As a reminder, here are some of them. Do the math on adding a gift card to the “original prices” crossed out below to hit \$500 and trigger the full \$100 discount. Some of them become really awesome — though note that some may no longer be available.

There are lots of other possibilities.

Second 20% off promo

As we reported last night, Dan’s Deals notes that there is a second Amex promotion for 20% off that is separate from the one we wrote about a week ago. This one requires you to pay with at least 1 Membership Rewards point and add coupon code AMEXSWP20PD. Word is that this deal may work for people who maxed out the previous 20% off promo and/or may work for those who weren’t targeted for that one. There’s no guarantee — but it’s worth a shot.

Bottom line

If you are still eligible for either of these promotions and you value Amazon gift cards anywhere near cash, adding a gift card to hit the max discount looks like the best deal yet. Thanks to reader Larry for pointing this one out!