The TL;DR version is that if you buy one of the selected Switch products, you get $10 off your next product from a selected range.

The Nintendo Switch lite is part of the selected range so you could potentially get it for $269.95 plus 12% cashback.

T&Cs

These terms and conditions apply whereby Prime customers who purchase a select Nintendo Switch console, video game or accessory [B07V5JLWNM, B07V7QPX7L, B07V8MLT39, B07DWS8XDX, B076P6K4YT, B076P3GRGM, B07Q5GKQ1C, B07Q3DPZHP, B07FDN2V6L, B0773RHWF6, B07XY4F35T, B07STKG1YR, B07SZ13P63, B07Q3DPZHK, B07D2XKQJH, B07D11SKVK, B07DKK4856, B07DKDWXWY, B07MVHQMYR, B07BLJ1PB2, B07D515666, B01N4ND1T2, B07ZRL65YK, B077697MGG, B076P1R5ST, B00MWH9JCO, B0773JWJQT, B071WNTGFY, B0776K6TKX, B0776K6RJ7, B077PBQ2KT, B07D13YRJZ, B07BBL47BZ, B07D4ZLGF4] on Amazon.com.au (“Qualifying Item”), will receive a promotional credit of $10 for use towards a future Eligible Order (“Offer”) of the same selection [B07V5JLWNM, B07V7QPX7L, B07V8MLT39, B07DWS8XDX, B076P6K4YT, B076P3GRGM, B07Q5GKQ1C, B07Q3DPZHP, B07FDN2V6L, B0773RHWF6, B07XY4F35T, B07STKG1YR, B07SZ13P63, B07Q3DPZHK, B07D2XKQJH, B07D11SKVK, B07DKK4856, B07DKDWXWY, B07MVHQMYR, B07BLJ1PB2, B07D515666, B01N4ND1T2, B07ZRL65YK, B077697MGG, B076P1R5ST, B00MWH9JCO, B0773JWJQT, B071WNTGFY, B0776K6TKX, B0776K6RJ7, B077PBQ2KT, B07D13YRJZ, B07BBL47BZ, B07D4ZLGF4]. The Offer will only apply where the Qualifying Item is sold by Amazon AU and does not apply to purchases made from third-party sellers (including Amazon US) on Amazon.com.au (even if fulfilled by Amazon AU). An “Eligible Order” refers to a purchase on amazon.com.au of selected Nintendo video games consoles, games or accessories “shipped and sold by Amazon AU” and excludes products sold by third party sellers (even if fulfilled by Amazon AU), digital purchases such as e-books, subscriptions such as Prime video and audible, gift cards and postage or delivery rates. The promotional credit (for use towards a future Eligible Order) will be sent by email from Amazon.com.au after product is shipped to customers and will contain a unique promotional code to $10 off their next purchase of any eligible item(s) made via the Amazon app or amazon.com.au. If you do not add the Qualifying Item to your Shopping Cart, the Offer will not apply. If you cancel or return the Qualifying Item, you will only be refunded the price paid for the Qualifying Item and the promotional credit will be invalidated. This Offer cannot be used in conjunction with any other offer. Offers cannot be used on pre-existing orders. Offer does not apply to orders placed with 1-Click. This Offer is subject to availability and may be withdrawn or amended without notice. This Offer is not redeemable for cash. This Offer is non-transferable and may not be resold. Amazon.com.au’s Conditions of Use and Sale apply. Delivery will be applied to each item in accordance with Amazon AU's standard delivery rates and policies. A limit of 1 Qualifying Item per order applies. The offer can only been redeemed once per customer. Offer ends at 11:59 PM (AEST) on 31 December 2019. Code expires at 11:59 PM (AEST) on 16 February 2020.