Personal Platinum (USA) Saks 5th Ave $50 credit Jan-Jun and Jul-Dec each year.

Apr 29, 22, 6:52 am - Wikipost

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$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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Jan 10, 22, 8:52 am

#31

Kyle Drey

Join Date: Oct 2019

Posts: 1

So this is going to be a weird question, but does anyone have experience buying caviar from Saks? I don't know much about caviar in general and shelf life, but was thinking it would be a good chance to buy a tin with the $50 credit.

Jan 10, 22, 10:05 am

#32

Sharks

Join Date: Apr 2013

Posts: 60

DP: Bought two $50 GCs from Saks in SF on 1/5. Reimbursed today.

Jan 10, 22, 9:22 pm

#33

dhuey

A FlyerTalk Posting Legend

Join Date: Feb 2001

Location: Berkeley, CA USA

Programs: Piggly Wiggly "Shop the Pig!" Preferred Shopper

Posts: 51,893

I just placed my twice-per-year orders at Saks for La Maison du Chocolat boxes. Gourmet chocolate isn't my thing, but it is very much my wife's thing. My two orders were about $100 each, including shipping. So it's about a 50% discount, given the $50 statement credits. And I get spousal credit for doing this, big time.

Jan 11, 22, 5:36 am

#34

gnomie

Join Date: May 2002

Location: EWR/JFK/LGA

Programs: AA, UA, SPG

Posts: 280

Quote:

Originally Posted by dhuey

And spousal credit is worth SO MUCH MORE than statement credits - happy wife, happy life!

dhuey, ijgordon, jamesteroh and 2 others like this.

Jan 11, 22, 8:48 am

#35

OskiBear

Join Date: Oct 2006

Location: Long Beach, CA

Programs: AA PLT, Hilton Diamond, IHG PlatAmb, Marriott Gold, Hyatt Globalist, Radisson Gold

Posts: 3,325

Quote:

Originally Posted by ou5603

I got the promotion card last year 75 off 150 but I was ready for the trip and did not even read the fine print. When I read the threads today and went back to check, yeah the GC was only valid from Dec 12-Dec 19. Is it worth of my time to give them a call? if there a chance for extension, I definitely would.

Same thing happened to me. I called yesterday and they extended it for 48 hours so that I could make an immediate purchase.

Jan 11, 22, 9:40 am

#36

gnomie

Join Date: May 2002

Location: EWR/JFK/LGA

Programs: AA, UA, SPG

Posts: 280

Quote:

Originally Posted by ou5603

Saks is very good about extending the benefits - when you call customer service you might want to select what you intend to purchase ahead of time and place the order directly with them - that way you know you received the $75.00 credit.

Jan 11, 22, 11:10 am

#37

KDCAflyer

Join Date: May 2015

Location: DCA

Programs: DL PM, AA Gold, Marriott Titanium

Posts: 6,290

Finally remembered to use the credit. Managed to find something that I’ve been wanting that wasn’t a markup vs Amazon. Not the most useful benefit in the world but I would have bought this item anyway.

Jan 12, 22, 6:06 am

#38

LDNConsultant

Join Date: Apr 2012

Location: New York City

Programs: DL: Platinum, UA: Silver, AMEX Plat, Hyatt: Globalist and Marriott: LF Titanium Elite & Ambassador

Posts: 1,197

Physical gift cards still good in 2022 when purchasing at store?

Jan 12, 22, 7:01 am

#39

gnomie

Join Date: May 2002

Location: EWR/JFK/LGA

Programs: AA, UA, SPG

Posts: 280

Quote:

Originally Posted by LDNConsultant

Physical gift cards still good in 2022 when purchasing at store?

Physical gift cards purchased in the store do not have an expiration date - the gift cards mentioned in the last few posts have to do with a promotional gift card that was available as a black Friday special (spend $150, receive a $75 gift card that had to be used during a specific time period in December).