How I Used My Free 500 Amazon Coins
Amazon is selling 500 Coins which you can pay for $4.80 as the lowest price with $0.20 (4%) discount from the list price of $5.00. I tried to buy more Educational Apps since the knowledge that my little one was visible after the three days of use from the Free 500 Amazon Coins that was offered through my email and I was glad to have purchased the sale price on May 16, 2013.
Purchasing Amazon Coins
You can also purchase these coins in increments of 1,000 ($9.50), 2,500 ($23.00), 5,000 ($45.00), or 10,000 ($90.00). There may be a downside of a system like this if you don't end up spending all of those 10,000 coins on Kindle apps, games etc. since there might be a possibility that you may no longer want to use your Kindle because there is a better gadget out there with greater apps and games. Indeed, modern technology is very fast nowadays and more products are being introduced in the market.
There could be a possibility that the Kindle may become obsolete in a short period of time than what was expected and as a consumer who wants to be updated with a new gadget, you may want to switch to the newest or latest device that almost everyone is talking about. If ever this will happen, then it is advisable not to purchase a lot of Amazon coins since who knows that you may just end up selling your Kindle with a lot of coins left over in your Amazon account.
Amazon may not allow you to sell, give away, or return those coins for a refund. You need to keep in mind that when you use these coins, you have another payment method to keep tracking of as well. It is important to read Amazon's "Terms and Conditions" with regards to these virtual currency especially if you're planning to buy them in the denominations of a 10,000.
Amazon might change, suspend or discontinue the program, or any part of it, at any time without notice so it could be your loss if you had purchased a lot of these coins and may not get a full refund. If you decide that these coins are not for you, you always have the option to buy apps and games with the use of a credit card.