Jul 3, 2019, 8:56 am
Last edit by: rrgg
$50 statement credit for purchases made at Saks. Enrollment required prior to purchase.
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:
- 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.
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)
- 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...)
$50 credit at Saks 5th Ave every 6 months with Plat card (2018 - 2021)
Apr 23, 2021, 1:05 am
#946
Join Date: Apr 2013
Posts: 72
Physical GCs from the physical store still work?
Apr 23, 2021, 7:13 pm
#947
Join Date: Apr 2009
Location: LAX
Programs: UA Plat MM, CM Plat, Amex Plat, Hertz CP, Hyatt Globalist, SPG Gold, Vons Club
Posts: 6,852
Apr 24, 2021, 8:53 am
#948
Join Date: Jul 2011
Location: SF Bay Area
Programs: UA MileagePlus (Premier Gold); Hilton HHonors (Gold); Chase Ultimate Rewards; Amex Plat
Posts: 6,675
Apr 26, 2021, 12:04 pm
#949
Join Date: Apr 2009
Location: LAX
Programs: UA Plat MM, CM Plat, Amex Plat, Hertz CP, Hyatt Globalist, SPG Gold, Vons Club
Posts: 6,852
Apr 29, 2021, 8:50 am
#950
Join Date: Aug 2009
Location: Seattle
Programs: Alaska & Hyatt
Posts: 244
Do GC from Off 5th count?
Apr 29, 2021, 8:54 am
#951
Join Date: Sep 2017
Posts: 68
Never mind
Last edited by joe318; Apr 29, 2021 at 9:04 am
Apr 29, 2021, 9:27 am
#952
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
May 4, 2021, 9:36 am
#953
Join Date: Sep 2011
Location: IND/MEX
Programs: AA PPro BA Bronze SPG Gold HH GLD Hyatt Exp
Posts: 1,134
May 10, 2021, 7:03 pm
#954
Join Date: Jul 2010
Posts: 1,224
20% cash back on Rakuten right now....got me - $350 pair of sneakers - on sale for $210 - $50 + 20% cash back on $230 - you win this time AMEX and Saks
May 11, 2021, 11:34 am
#955
Join Date: Feb 2006
Posts: 1,064
I have had problems with Rakuten giving credit for Saks.
Are you also a member of Shoprunner?
I made a purchase through Saks on Sunday, using the Rakuten Android app and my confirmation actually came from Shoprunner, since they allow members free shipping.
May 12, 2021, 11:26 am
#956
Join Date: Jul 2010
Posts: 1,224
When you made your Saks purchase through Rakuten, did it show up right away as PENDING on your Rakuten account?
I have had problems with Rakuten giving credit for Saks.
Are you also a member of Shoprunner?
I made a purchase through Saks on Sunday, using the Rakuten Android app and my confirmation actually came from Shoprunner, since they allow members free shipping.
I have had problems with Rakuten giving credit for Saks.
Are you also a member of Shoprunner?
I made a purchase through Saks on Sunday, using the Rakuten Android app and my confirmation actually came from Shoprunner, since they allow members free shipping.
What's really weird is that the order is not showing up on my Saks account - it is showing up in Shoprunner account and I have to search for the order number to see status by Saks
May 12, 2021, 1:26 pm
#957
Join Date: Nov 2019
Posts: 56
purchased a $50 gift card at the Saks 5th Avenue store in Palm Desert, CA on Saturday May 8, 2021
Credit by Amex on Wednesday May 12, 2021
Credit by Amex on Wednesday May 12, 2021
May 12, 2021, 2:05 pm
#958
Join Date: Feb 2006
Posts: 1,064
Thanks. The cash back showed up in my Rakuten account yesterday and today. Spent around $60.00 with Saks on gifts for myself...LOL and got $12 back from Rakuten. I actually chose to get Amex MR points instead of straight cashback, so here's hoping I'll be traveling soon. .
May 12, 2021, 2:10 pm
#959
Join Date: Apr 2009
Location: LAX
Programs: UA Plat MM, CM Plat, Amex Plat, Hertz CP, Hyatt Globalist, SPG Gold, Vons Club
Posts: 6,852
May 15, 2021, 3:49 pm
#960
Join Date: Nov 2020
Programs: miamiparis
Posts: 9
Will my $50 gift card be refunded?
I see on top of this thread this: "Things known to count for the credit: Physical gift cards purchased in-store"
So I'd love to buy a $50 gift card at a Saks store and get a $50 statement credit with my Amex Platinum, but in the Benefit Terms of the Platinum, it says "Not valid on Saks Fifth Avenue Gift Cards or purchases at outlet locations (in stores and online)".
Also, I talked to American Express Chat and I was told "I checked and see Saks gift cards are not eligible for Saks benefit credit".
So who is right?
So I'd love to buy a $50 gift card at a Saks store and get a $50 statement credit with my Amex Platinum, but in the Benefit Terms of the Platinum, it says "Not valid on Saks Fifth Avenue Gift Cards or purchases at outlet locations (in stores and online)".
Also, I talked to American Express Chat and I was told "I checked and see Saks gift cards are not eligible for Saks benefit credit".
So who is right?