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$50 credit at Saks 5th Ave every 6 months with Plat card (2018 - 2021)

Old Jul 3, 2019, 8:56 am
FlyerTalk Forums Expert How-Tos and Guides
Last edit by: rrgg
$50 statement credit for purchases made at Saks. Enrollment required prior to purchase.
  • This benefit is available twice a year, once from Jan-Jun and once again from Jul-Dec.
  • Use it or lose it, does not rollover or accumulate. There is no "meter" to track how much you've spent. Check your statement for credits.
  • Per AMEX CS chat the transaction date is what determines whether a purchase is reimbursed from the Jan-Jun benefit or the Jul-Dec benefit.
  • Actual experience from 2019: first-half purchase submitted only 6/27, shipped 6/29, went from pending to posted on 7/1 (but dated as 6/29), credit posted on 7/1, was able to use second $50 credit a week or two later
  • Purchases by Additional Card Members (both the $175 Plat-colored and free Gold-colored) will be reimbursed also, but only up to an aggregate $50 per Account.
CAUTION: A note about Saks online shipping (particularly if ordering very close to the end of June or end of December):
Online orders do not charge until shipped. Many items are carried in-stock by Saks and eligible for ShopRunner shipping - data points suggest that these will charge and ship quickly.
However, many other items on Saks(dot)com drop ship from the manufacturer. For these, expected delivery dates may not be reliable, are not guaranteed, and orders cannot be cancelled easily.
If you place an online order close to the end of an Amex credit period, there is a risk that your item may not ship (and Amex will not be charged) until after the end of the credit period.

Note on shipping & billing times: If a product shows that ShopRunner shipping is available, it is shipped by Saks and is likely to ship and bill quickly. If there's no ShopRunner option, it is likely drop-shipped from the manufacturer meaning the shipping date and actual charge date will be further out.

Things known to count for the credit:
  • Merchandise purchased in Saks stores or online
  • Physical gift cards purchased in-store
  • Physical gift cards purchased online (min $150)
Things that do not get reimbursed:
  • e-gift cards (these are fulfilled by a different vendor)
  • anything bought at "Saks Off 5th" (however, you can use a Saks gift card at Off 5th...)
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$50 credit at Saks 5th Ave every 6 months with Plat card (2018 - 2021)

Old Nov 20, 2021, 7:34 am
  #1096  
 
Join Date: Nov 2011
Location: NYC
Programs: HH Diamond, Hyatt Globalist, Marriott Bonvoy Gold
Posts: 692
Originally Posted by krazykanuck
Hmm ok thanks. Maybe just this one store or one funky gift card.
More DPs are needed. You said that you tried a couple of days ago as recent, the other people's experiences were from Aug and Sept. A lot can change in a couple of months... It could be a recent change. Hopefully we can get people chiming in who have done this within the past week..
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Cat88L3 is offline  
Old Nov 20, 2021, 9:27 am
  #1097  
 
Join Date: May 2002
Location: EWR/JFK/LGA
Programs: DL Silver, AA, UA Silver, Hilton Diamond, Marriott Gold
Posts: 389
Originally Posted by Cat88L3
More DPs are needed. You said that you tried a couple of days ago as recent, the other people's experiences were from Aug and Sept. A lot can change in a couple of months... It could be a recent change. Hopefully we can get people chiming in who have done this within the past week..
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This is directly from the Saks Fifth Avenue gift card page on their website:

Terms for Gift Cards
This Gift Card may be used only to purchase merchandise and services sold at Saks Fifth Avenue and OFF 5TH stores, through 877.551.7257 or at Saks.com and saksoff5th.com. It may not be used to purchase Gift Cards.
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gnomie is offline  
Old Nov 20, 2021, 12:09 pm
  #1098  
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Join Date: Feb 2004
Posts: 4,188
Originally Posted by gsxsilver
Coincidentally checked rakuten while trying to burn my credit. 10% cash back on saks as of now.
Originally Posted by Zorak
thanks! Had just been planning my purchase for this half of the year and was sitting on it waiting for something like this
10% of $50 is what? A cheeseburger's worth? For God's sake...
Mama is offline  
Old Nov 20, 2021, 2:32 pm
  #1099  
Moderator: Hyatt; FlyerTalk Evangelist
 
Join Date: Jun 2015
Location: WAS
Programs: :rolleyes:, DL DM, Mlife Plat, Caesars Diam, Marriott Tit, UA Gold, Hyatt Glob, invol FT beta tester
Posts: 18,820
Originally Posted by Mama
10% of $50 is what? A cheeseburger's worth? For God's sake...
1. I'm spending $100, not $50, since I have a GC from the first half of the year
2. My purchase wasn't time-sensitive so there was no particular rush anyway
3. Is this the greatest thing since sliced bread? Obviously not, but it's the little things in life
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Old Nov 20, 2021, 4:16 pm
  #1100  
 
Join Date: Jan 2008
Posts: 3,556
Originally Posted by Mama
10% of $50 is what? A cheeseburger's worth? For God's sake...
Please send me 10 percent of $50 on a regular basis since it's nothing more than a cheeseburger in value.
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Old Nov 21, 2021, 7:11 am
  #1101  
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Originally Posted by gnomie
This is directly from the Saks Fifth Avenue gift card page on their website:

Terms for Gift Cards
This Gift Card may be used only to purchase merchandise and services sold at Saks Fifth Avenue and OFF 5TH stores, through 877.551.7257 or at Saks.com and saksoff5th.com. It may not be used to purchase Gift Cards.
I'm just going to add that it's important to let the Saks OFF 5TH cashier know at the outset you'll be using a gift card, not a credit card.
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Old Nov 21, 2021, 7:47 am
  #1102  
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Join Date: Feb 2004
Posts: 4,188
Originally Posted by antonius66
Please send me 10 percent of $50 on a regular basis since it's nothing more than a cheeseburger in value.
Please don't be a beggar like this on a public forum, especially on Amex Plat forum. You are embarrassing yourself.

Last edited by Mama; Nov 21, 2021 at 10:06 am
Mama is offline  
Old Nov 21, 2021, 12:06 pm
  #1103  
 
Join Date: Jun 2014
Posts: 207
Originally Posted by Mama
Please don't be a beggar like this on a public forum, especially on Amex Plat forum. You are embarrassing yourself.
You are in the company of people who pay their taxes plus 1.96% fee using a 2% card. Not sure why 10% cash back with almost no effort is suddenly an issue. If someone hands me a 10% off coupon on my way into a store; I'll most definitely use it. No where in the plat membership agreement stipulates that I must turn my nose up at free money.
gsxsilver is offline  
Old Nov 24, 2021, 4:09 am
  #1104  
Moderator: Hyatt; FlyerTalk Evangelist
 
Join Date: Jun 2015
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Lol, it's up to 12% for Black Friday (but effective now). Oh well.
Zorak is offline  
Old Nov 24, 2021, 11:36 am
  #1105  
 
Join Date: Oct 2012
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Posts: 378
Originally Posted by Mama
Please don't be a beggar like this on a public forum, especially on Amex Plat forum. You are embarrassing yourself.
Free money is free money? I guess if I was given the choice between spending $40 or $50 for the same exact item...10 times out of 10 I'd spend the $40...

I think this is of particular note on the AmEx Platinum forum as the Platinum has become a coupon book more-so than any other card. It used to be a $450 AF for some status and perks but now it's $695 and you have to work to utilize the narrowly-tailored credits. Don't get me wrong, I still think their customer service and perks are above average but not impressed how AmEx has taken to nickel and diming "premium" customers.
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Old Nov 24, 2021, 12:32 pm
  #1106  
 
Join Date: Nov 2007
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Originally Posted by Zorak
Lol, it's up to 12% for Black Friday (but effective now). Oh well.
Saks will have a Black Friday promo of "spend $150 get a $75 gift card". So if someone hasn't used the $50 credit yet, then the $50 credit and the $75 gc combined with 12% cash back will be a great deal on a $150 purchase.
ijgordon, gnomie, volabam and 2 others like this.
friedablass is offline  
Old Nov 25, 2021, 7:06 am
  #1107  
 
Join Date: Dec 2018
Posts: 218
Originally Posted by friedablass
Saks will have a Black Friday promo of "spend $150 get a $75 gift card". So if someone hasn't used the $50 credit yet, then the $50 credit and the $75 gc combined with 12% cash back will be a great deal on a $150 purchase.
I'm seeing 15% back now...
dszrew is offline  
Old Nov 25, 2021, 1:02 pm
  #1108  
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Originally Posted by dszrew
I'm seeing 15% back now...
Dang. Should have waited!

LAX
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Old Nov 25, 2021, 5:22 pm
  #1109  
 
Join Date: Nov 2007
Programs: Marriott Bonvoy Platinum, Hilton Honors Diamond, Delta Gold
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Originally Posted by dszrew
I'm seeing 15% back now...
Let's hope it stays for tomorrow.
friedablass is offline  
Old Nov 26, 2021, 5:55 am
  #1110  
 
Join Date: May 2002
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Posts: 389
Originally Posted by friedablass
Let's hope it stays for tomorrow.
According to a Rakuten email, SFA is one of many stores offering 15% back today only - Black Friday
gnomie is offline  

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