The AMEX Platinum Is Giving Me $50 From Saks Fifth Avenue. What Should I Buy?

In an unexpected move, American Express announced this week that Platinum cardholders will get a $100 credit on purchases from Saks Fifth Avenue each year. The catch for this offer is that the credit is offered as a $50 statement credit twice a year (once from July to December and another $50 from January to June). I thought the American Express Platinum card was worth the $550 annual fee with the travel credit, Global Entry credit, Uber credits and lounge access so an additional $100 credit per year is a welcome benefit. I still wanted to see how useful it was for me.

First things first, I need to sign up for the offer. I logged into my American Express account under my Platinum card. I had to hover over the MEMBERSHIP tab and clicked on the BENEFITS link.

Scrolling all the way to the bottom of the page, I found the tab for the link to the Saks credit.

Screen Shot 2018-07-01 at 11.24.48 PM

I clicked on the GET STARTED tab and ended up at the enrollment page.

Screen Shot 2018-07-01 at 11.25.04 PM

After clicking on the “I Understand” box and the ENROLL NOW tab, I was set up for the offer.

Screen Shot 2018-07-01 at 11.25.37 PM

Free $50 bucks! Lets go on a shopping spree! What can I buy? I need a new pair of jeans. Maybe I can get a pair of Levis. Let’s go shopping.

I’m never gonna fit into skinny jeans, but Saks has normal sizes too.

Screen Shot 2018-07-01 at 11.19.00 PM.png

Uh, the cheapest jeans they sell are $159 a pair??? Now I can see why they are willing to give $50 off a purchase. Maybe I can find something more in my price range.

saks bathing suit

Bathing suits for $37, that’s more my style. But I’ll still have $14 to spend. I’ll take the Calvin Klein Underwear for $9.

Screen Shot 2018-07-01 at 11.20.01 PM.png

I feel like I’m on Wheel of Fortune and I’m running out of money claiming my prize (I tried to find a video of Wheel of Fortune but they’re all blocked on YouTube). Chuck,  I guess I’ll have to take the other $5 on a gift certificate.

If you’re the type who actually reads the Departures magazine from American Express, you might actually buy the $650 Gucci sneakers.

Screen Shot 2018-07-01 at 11.53.15 PM.png

For me, I’ll take the swimsuit and underwear that’s on sale and put the rest on my account.

While this benefit is nice, I would never shop there otherwise. Sure, I can find $50 worth of merchandise to buy from Saks every 6 months. I just wouldn’t do it if it wasn’t free money.

Like this post? Please share it! We have plenty more just like it and would love if you decided to hang around and clicked the button on the top (if you’re on your computer) or the bottom (if you’re on your phone/tablet) of this page to follow our blog and get emailed notifications of when we post (it’s usually just once or twice a day). Or maybe you’d like to join our Facebook group, where we talk and ask questions about travel (including Disney parks), creative ways to earn frequent flyer miles and hotel points, how to save money on or for your trips, get access to travel  articles you may not see otherwise, etc. Whether you’ve read our posts before or this is the first time you’re stopping by, we’re really glad you’re here and hope you come back to visit again!

Advertisements

One thought on “The AMEX Platinum Is Giving Me $50 From Saks Fifth Avenue. What Should I Buy?”

Leave a Reply