Jan 9, 2022, 12:55 pm
Last edit by: mia
Previous thread is HERE.
$50 statement credit for purchases made at Saks. Enrollment required prior to purchase.
On 01.26.2026 Saks announced that most Saks Off 5th stores will close, but a dozen will remain open:
Saks OFF 5TH Locations Remaining Open:
1. Gallery @ Westbury Plaza (Garden City, NY)
2. Sawgrass Mills (Sunrise, FL)
3. Woodbury Common Premium Outlets (Central Valley, NY)
4. Bergen Town Center (Paramus, NJ)
5. Town Center Aventura (Aventura, FL)
6. Buckhead Station (Atlanta, GA)
7. Miromar Outlets (Estero, FL)
8. Somerset Shoppes (Boca Raton, FL)
9. The Outlets at Orange (Orange, CA)
10. Dolphin Mall (Miami, FL)
11. Palm Beach Outlets (West Palm Beach, FL)
12. Grapevine Mills (Grapevine, TX)
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:
$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.
On 01.26.2026 Saks announced that most Saks Off 5th stores will close, but a dozen will remain open:
Saks OFF 5TH Locations Remaining Open:
1. Gallery @ Westbury Plaza (Garden City, NY)
2. Sawgrass Mills (Sunrise, FL)
3. Woodbury Common Premium Outlets (Central Valley, NY)
4. Bergen Town Center (Paramus, NJ)
5. Town Center Aventura (Aventura, FL)
6. Buckhead Station (Atlanta, GA)
7. Miromar Outlets (Estero, FL)
8. Somerset Shoppes (Boca Raton, FL)
9. The Outlets at Orange (Orange, CA)
10. Dolphin Mall (Miami, FL)
11. Palm Beach Outlets (West Palm Beach, FL)
12. Grapevine Mills (Grapevine, TX)
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)
- 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...)
- Paying with PayPal at Saksfifthavenue.com
ENDING 30 Jun 2026: Personal Platinum (USA) Saks 5th Ave $50 credit
Feb 18, 2026 | 2:02 pm
#1066
Join Date: Jul 2011
Location: SF Bay Area
Programs: UA MileagePlus (Premier Gold); Hilton HHonors (Gold); Chase Ultimate Rewards; Amex Plat
Posts: 7,292
CongratsLast edited by STS-134; Feb 18, 2026 at 8:27 pm
Feb 18, 2026 | 4:12 pm
#1067
FlyerTalk Evangelist
Join Date: Dec 2002
Location: Danville, CA, USA;
Programs: UA 1MM, WN CP, Marriott LT Plat, Hilton Gold, IC Plat
Posts: 18,068
Will have to visit next month to use my credit, assuming they are still in business. Was also at a loss with closure of SF, heisman at Off 5th and lack of online inventory.
Mar 4, 2026 | 12:40 pm
#1069
Join Date: Apr 2013
Location: Lehigh Valley, Pennsylvania
Programs: Milege+, SkyMiles, AAdvantage, HHonors Diamond, Marriott Gold
Posts: 1,748
Saks is closing their distribution center not far from me. They already closed the area's Saks Off 5th.The only Saks store I see still open in Pennsylvania is in Bala Cynwyd. I believe the one in Bridgewater, NJ is closest to me.
Mar 6, 2026 | 2:04 pm
#1071
FlyerTalk Evangelist
Join Date: Dec 2002
Location: Danville, CA, USA;
Programs: UA 1MM, WN CP, Marriott LT Plat, Hilton Gold, IC Plat
Posts: 18,068
Saks announced closure of 12 more stores by May, though I did not find a list of locations. It is focusing on the luxury segment (didn't it always?) and keeping both Saks and Neiman stores in Bal Harbour, Boca, Miami, Beverly Hills, Houston, Atlanta and Troy.
Mar 6, 2026 | 10:02 pm
#1072
Join Date: Jan 2013
Location: Hawai'i Nei
Programs: Au: HA, UA, Marriott, Hilton; GE
Posts: 7,808
Honolulu NM closing
Mar 7, 2026 | 11:47 am
#1073
Join Date: Jan 2017
Posts: 426
https://filecache.investorroom.com/m..._Locations.pdf
Those remaining open (for now):
https://filecache.investorroom.com/m...ining_Open.pdf
Mar 7, 2026 | 2:32 pm
#1074
Join Date: Feb 2006
Posts: 1,548
Full list of closings including the newly added 12 stores
https://filecache.investorroom.com/m..._Locations.pdf
https://filecache.investorroom.com/m..._Locations.pdf
My plan is to combine the $50 June to December benefit on 2 Platinum cards with my last 2 $50 gift cards.
It's likely in January, 2027 that the Saks benefit may go unused entirely. I realize Chicago is not Beverly Hills, but if their plan is to maintain focus on high-end luxury goods, pulling out of Chicago really surprises me.
Mar 7, 2026 | 3:10 pm
#1075
Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA, IHG & Marriott Platinum; DL & HH Gold
Posts: 51,857
The Neiman Marcus Chicago is staying open, and far more Neiman locations are staying open nationwide. I imagine there are many factors, aside from sales volume, that enter into the decision to close specific locations. It will be interesting to watch how they position the Saks vs Neiman/Bergdorf brands going forward. At some point their gift cards may become interchangeable.
Mar 7, 2026 | 3:35 pm
#1076
FlyerTalk Evangelist
Join Date: Dec 2002
Location: Danville, CA, USA;
Programs: UA 1MM, WN CP, Marriott LT Plat, Hilton Gold, IC Plat
Posts: 18,068
With Chicago and Las Vegas both closing, I won't be buying any more gift cards.
My plan is to combine the $50 June to December benefit on 2 Platinum cards with my last 2 $50 gift cards.
It's likely in January, 2027 that the Saks benefit may go unused entirely. I realize Chicago is not Beverly Hills, but if their plan is to maintain focus on high-end luxury goods, pulling out of Chicago really surprises me.
My plan is to combine the $50 June to December benefit on 2 Platinum cards with my last 2 $50 gift cards.
It's likely in January, 2027 that the Saks benefit may go unused entirely. I realize Chicago is not Beverly Hills, but if their plan is to maintain focus on high-end luxury goods, pulling out of Chicago really surprises me.
Can I purchase the GCs at any retail cash register or do I have to go to the customer service counter (assuming they still have one)
Mar 8, 2026 | 5:59 am
#1077
Join Date: Mar 2005
Programs: Continental Onepass, Hilton, Marriott, USAir and now UA
Posts: 7,374
The Neiman Marcus Chicago is staying open, and far more Neiman locations are staying open nationwide. I imagine there are many factors, aside from sales volume, that enter into the decision to close specific locations. It will be interesting to watch how they position the Saks vs Neiman/Bergdorf brands going forward. At some point their gift cards may become interchangeable.
Or at some point they may reach the opinion that the carried forward liability of the GCs isn't worth it and declare them just another unsecured debt.
Here's one example of such an event with a happy ending.(read the article)
Gift cards sold at Costco at risk after issuer declares sudden bankruptcy
Mar 8, 2026 | 7:08 am
#1078
Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA, IHG & Marriott Platinum; DL & HH Gold
Posts: 51,857
Mar 8, 2026 | 7:11 pm
#1080
FlyerTalk Evangelist
Join Date: Aug 2005
Location: BOS/EAP
Programs: UA 1K, AS MVP Gold, MR LTT, HH Dia, IHG Dia, Amex Plat
Posts: 37,374