The Points Mom

You Can Now Enroll In “Shop Saks with Platinum” And Spend Your Free $50

As I posted about the other day, American Express and Saks Fifth Avenue teamed up with a new benefit for American Express Personal Platinum Card Members, called “Shop Saks with Platinum” and YOU CAN NOW ENROLL.

Starting tomorrow, July 1,  U.S. Platinum Card Members will be able to get up to $100 in statement credits annually for purchases made at Saks Fifth Avenue, using their Platinum Card.

Specifically, each year the card member will receive up to $50 in statement credits when they shop at Saks from January through June, and up to $50 in statement credits when they shop at Saks from July through December and pay with their Platinum Card.

Since I posted the other day, I have been getting a lot of questions about the promotion and here are some of the answers…

-You don’t have to leave your house to take advantage of the credit, you can shop at saks.com.

-The benefit is only available to the basic card member, not the additional cardholders although the additional cardholder can use their card as payment and the benefit will apply. Simply put, even if you have 2 Platinum cards under one account, you only get the $50 and $50 statement credit 1x per year.

-The credit will not be applied against Fifth Avenue Gift Cards or purchases at outlet locations (in stores and online).  I was wondering about gift cards and now I know.

-You can’t use the credit for lunch at Saks. It excludes purchases at restaurants located within the store

-You cannot use it as Online Bill Pay for Saks Credit.

According to Amex, the credit should appear 2-4 weeks after the charge to your account.

It doesn’t get that much better than this!  Platinum holders, do not lose this credit!  You can start shopping tomorrow!  I will remind you every January 1 and July 1 too. 🙂