Do you have an American Express PERSONAL Platinum card? If so, you’re in for a treat! Did you know you can get a $50 statement credit at Saks Fifth Avenue, not once, but twice a year? Here’s how to take advantage of this amazing benefit and save even more while shopping at Saks.
How the Saks Benefit Works
American Express offers PERSONAL Platinum cardholders two $50 statement credits per year when they shop at Saks Fifth Avenue—one credit between January 1 and June 30, and another between July 1 and December 31. That’s $100 a year in savings just for shopping at Saks!
But here’s the most important part: you MUST ENROLL in this benefit to activate it. Simply holding the card won’t get you the credit, so don’t miss out on this easy savings opportunity.
The Best Secret? Gift Cards!
Here’s a pro tip from Cindy Greenstein, The Points Mom: While online Saks gift card purchases won’t trigger the $50 statement credit, physical gift cards bought in-store will! That means you can get yourself to a Saks location, buy a physical gift card, and save. You can then use that gift card anytime for future shopping sprees or to treat someone else!
This is a great way to maximize your benefit, especially if you don’t have anything on your shopping list at the moment. Plus, by using this strategy twice a year, you’re unlocking a full $100 worth of Saks purchases on your Platinum card.
More Points and Miles Tips from The Points Mom
If you’re interested in more credit card hacks, points and miles tips, and ways to travel for less, make sure to follow Cindy Greenstein on Instagram at @thepointsmom_.
Cindy, also known as The Points Mom, is a former lawyer and CPA who has mastered the art of traveling for free using credit card rewards and loyalty programs. Her free vacations have taken her to destinations near and far, from U.S. cities like Chicago, NYC, and Boston to dream locales like London, Costa Rica, Israel, Italy, Hawaii, and even the Galápagos Islands and Thailand.
And if you think that’s impressive, her next adventure? A South African safari—another trip mostly paid for with points!
Cindy has saved anywhere from $250 to $26,000 on her trips by strategically using credit card rewards. Whether you’re new to the world of points and miles or looking to level up your game, Cindy’s 1:1 consultations, group sessions, and speaking engagements can help you get the most value out of your rewards. Follow her for more insider tips and start planning your next free vacation!
