Today I am expecting a shiny new Kindle to come in the mail. I ordered it on Monday afternoon, and it cost me a whopping $17 for the ad free version. If I had wanted the version with ads, I could have gotten it for free. Here is how I did it, and you can too.
What is a Kindle?
First off, if you don’t know what a Kindle is, it is the eReader from Amazon. They have multiple versions. The cheapest is a $69 reader that is good for books, newspapers, magazines, and other text based media (even blogs). That version comes with ads on your non-reading screens, including advertisements on the screensaver and at the bottom of some pages. For $89, you get the same thing ad free.
There are higher end versions as well, including one with a keyboard and a tablet version with a color screen that can show movies, TV shows, and browse the web for $200.
How Is It Free?
There was a special deal that lasts one more week where you can get the lowest end version for free or the ad free $109 for $17. Here is how it works.
First, you have to sign up for a new Amazon.com credit card. Read my last section on getting new credit cards before you do this.
When you are approved for a new Amazon card, you get an instant $50 credit in your account.
Next, go to the Kindle shopping page and pick one of the two versions of the lowest end Kindle. That device, and some accessories, and 40% off if you buy it with your Amazon Visa and use the code KINDLE40 when checking out. This offer expires on August 15th, 2012.
For the $79 version, you save 40% up front ($31.60) and get another $50 off from your new Visa. That is $81.60 worth of discounts, so you actually have a little left over. I got the $109 version plus the $20 charger, which was 50% off. That ended up costing me $17 for both.
Cool Things about Kindle
If you have an Amazon Prime membership, which I do, you can check out a whole bunch of books for free from the “Lending Library.” Those include many popular books such as Harry Potter, The Hunger Games, and 145,000 more.
You also get free 2 day shipping with Prime and a bunch of free TV shows and movies to stream to either your computer, an Amazon streaming ready device, or a Kindle Fire.
I am excited about the portability and light weight of the low end Kindle. I should have my hands on it by the end of the day.
One Warning Before You Get a New Credit Card
Just like getting free travel, you have to know what you are doing when you sign up for a new credit card. If you are in the market for anything that will require a new loan in the next 12 months, such as a home mortgage or car loan, do not sign up for any new credit cards.
If you have a problem managing your spending when you have open credit, I would avoid a new card. If you can’t pay it off in full every month, I would avoid a new card.
However, if your finances are under control and you can commit to pay it off in full each month and you are not looking for a new loan in the near future, there is no reason not to take advantage of this offer.