Thursday, February 2, 2023

How To Get Saks Credit Amex Platinum

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Yves Saint Laurent Rouge 4

How to use Saks $100 AMEX PLATINUM Credit?

Yves Saint Laurent, also known as YSL, is another signature luxury brand. Although theyre known for their bags and wallets, youll also do well by checking out their skincare products.

The Yves Saint Laurent Rouge 4-piece lip collection consists of:

  • Rouge Pur Couture Berry Rose Lipstick
  • Rouge Volupté Shine Smoking Plum Lipgloss
  • Tatouage Couture Nude Embelm Lipstick
  • Vinyl Cream Psychedelic Chilli Lip Stain
  • Exclusive YSL fuchsia vanity

Youll pay around $110 for this exclusive Saks collection, which makes it an excellent gift to get with $150 in Saks credits.

Herschel Supply Co Delta Novel Camo Duffel Bag

Herschel is known for creating a hipster backpack and offers a weekender style bag, the Herschel Supply Co. Delta Novel Camo Duffel Bag, to Saks shoppers.

The black polyester bag is lined and features top handles, a zip closure, separate zip shoe pocket, and interior mesh pocket.

Youll pay $110, which is more than covered by $150 worth of Saks credits.

$100 Amex Saks Credit: Actually Useful

Honestly, I was surprised that I ended up using this benefit. When I first saw it announced, I did not think I would get much value out of it, especially since it was only $50 per six months.

By getting multiple AMEX Platinum cards and still paying no annual fees thanks to AMEX SCRA, I am able to stack the benefits and get a few hundred dollars worth of Saks products every six months.

This should keep my shower well stocked with luxury bath products. It’s also a great way to get gifts for people, as most people would be really excited to receive a Molton Brown gift pack from Saks.

How about you? What luxury products did you pick up at Saks with your AMEX Platinum $100 annual credit? Let us know in the comments!

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The Shopping Portal Angle With The Amex Platinum Saks Credit

Like all other online shopping, ensure to go through a portal for your Saks purchase my favorite is Rakutens portal earning Amex Membership Rewards points. I enjoy the portal rewards play on this free spend as much as I enjoy the free merch from Saks. So much so that I stayed up way too late last Sunday night using up more Amex Platinum Saks credits than I care to admit. Why? Because the portal rate was 20x Membership Rewards , or 1k points for a $50 purchase. Via cashout with the Amex Platinum Card for Schwab, thats $12.50 back on a $50 order covered by the Amex benefit, plus another 50 points on the normal spend. Not too shabby! And hobbyists who redeem Membership Rewards with travel partners can get much more value out of those points.

Alas, Rakuten rates are back down to 2% as of this writing. Nonetheless, keep tabs on portal rewards and be ready to strike with your Saks credit when the time is right!

Up To $200 Airline Incidentals Credit

Maximizing the Amex Platinum Saks Credit for Useful Items ...

The yearly credit can be used on purchases with the following airlines: Alaska, American, Delta, Frontier, Hawaiian, JetBlue, Spirit, Southwest or United. The credit can be used on change fees, pet flight fees, seat choice and in-flight food purchases. Dont forget to select your airline first, then use your Amex Platinum for incidentals.

This is a yearly credit and it resets every year, so if you apply for this card in November or December of 2020, youll get the credit in 2020 and then again in January of 2021. You can change your airline selection every January.

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Amex Platinum Card Summary

The Amex Platinum Card was recently refreshed, with a higher annual fee and new perks. Personally I love the card, and find it to be well worthwhile, both before and after the changes.

The Amex Platinum isnt a card you should be using for all of your credit card spending, but rather its a card you should get for the perks that it offers, as well as the 5x points on airfare.

To decide if you should get the card, take the $695 annual fee, subtract how much value youd get out of the credits, and then consider how much more you value the other perks of the card, including the great lounge access benefit.

For a frequent traveler or anyone who buys international premium cabin tickets with any frequency, I think the card is well worth it. And even for those who dont, Id argue the card could be worth it right now.

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser’s responsibility to ensure posts and/or questions are answered.

Ben I’m really curious how you use the airline credit each year. I don’t check bags . If you’re up front drinks and food are free. Club access is free. I really don’t know what to use it on… If that free were an airline credit like its competitors it would go a long way in easing the price increase for me.


Earning Points With The Amex Platinum Card

Personally, I think the Amex Platinum Card is worth having for the benefits it offers, though its not a card that I spend much money on .

Unfortunately, the Amex Platinum Card isnt as generous in that regard .

The Amex Gold Card is an excellent choice at restaurants

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How Not To Redeem Membership Rewards Points

Id note that while you can redeem Membership Rewards points towards the cost of merchandise, towards gift cards, or to pay off your statement, these arent good uses of your points. Youll typically get less than one cent of value per point, so thats not how Id redeem them.

Furthermore, while you can redeem Chase Ultimate Rewards points towards the cost of a paid travel purchase at a good rate , such a good rate isnt available with Amex Membership Rewards.

In general, Id recommend earning Membership Rewards points if your primary interest is transferring points to partner programs.

$100 Global Entry Or $85 Tsa Precheck Credit

Best Way to Use $50 Saks Fifth Ave Credit | Stack offers as Amex Platinum Holders #shorts

The credit can be used every four years to pay the Global Entry or TSA Precheck fee. If you are already enrolled in the trusted traveler program, use the card to pay for your friends or family members application. Youll make their day when they dont have to take their shoes off when going through airport security and when they skip the long line to passport control!

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How To Spend Your American Express Platinum Cards $50 Saks Fifth Avenue Credit

Regular This Fits readers may find this post a little out of left field, so an explanation is due.

Over the past few years, Ive developed an interest in optimizing my credit card spending, joining online communities where people discuss strategies for applying for cards and maximizing their benefits. Its been quite a ride for my family, enabling travel and other experiences without significantly changing our spending habits or going into debt.

I should say right now: if you are in credit card debt, or if you pay interest on your credit cards because you dont pay off the balance in full every month, then this is not the hobby for you. Most benefits gained from credit card rewards are negated by credit card interest. I recommend a practical, no-nonsense, easy-to-implement personal finance book instead.

One popular card in those circles is the American Express Platinum Card. I wont go into the details as to why its a great card for some people, because thats not what this blog is about. I wont even unconditionally recommend it: suffice it to say, before applying for a card with a $550 annual fee, please do your research. Its definitely not for everyone.

What I will do is geek out at the opportunity to write a post at the intersection of two of my weird interests: optimal credit card use and menswear.

This post is my answer to that question.

Saks Fifth Avenue New York City Snow Globe

For just $45 of your $50 Saks credit, you can get a 6 inch Saks Fifth Avenue New York City Snow Globe a fashionable ornament that you can use to decorate your house or give as a gift.

The snow globe shows resin figures of Saks Fifth Avenues flagship store in Midtown Manhattan, the Statue of Liberty, Chrysler Building, and more. It also plays New York, New York.

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How To Maximize The Annual Saks Credit

Although items at Saks can be expensive, there are plenty of lower-priced items available, both during sales and otherwise. The credit may be able to cover an entire purchase, getting you a free pair of sneakers, or a shirt.

Saks runs seasonal promotions that can score you discounts when you hit different spending tiers, and you can stack the credit from the Platinum Card with these offers to save even more.

Read more: Amex Platinum card review

Don’t forget to check your Amex Offers as well to see if you can “triple-dip.” While the Amex Offers for Saks are generally for bonus points rather than money back on eligible purchases, this is a great way to maximize your purchase by getting even more rewards for your spending. And if no Saks discounts or Amex Offers are available when you’re trying to use your Amex Platinum Saks credit, at the very least you can earn bonus points or miles by going through an online shopping portal to make your purchase.

Take Advantage Of Sales

How to get more from your Amex Platinum Saks Fifth Avenue ...

If you keep an eye out for sales, you can score a great deal on Saks items that would normally cost well over the $50 semi-annual credit. The Saks website has an entire section dedicated to sale items. Like any department store, sale items can be hit-or-miss, but if youre patient you can find excellent deals. Even if you have your eye on a sale item that costs more than $50, think of your Saks credit as an additional $50 discount. Enrollment required for select benefits

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Creative Ideas For The Saks Credit

There’s a misconception that everything at Saks Fifth Avenue costs more than $50. Saks often has sales where you can find items for under $50.

Don’t know what to do with the Saks credit?

  • Buy sale items. Put the search filter for items under $50.

  • Buy everyday essentials like socks, tees, and underwear.

  • Offer to pay $50 of the bill for a friend, relative, significant other, etc.

  • Saks Fifth Avenue occasionally has Amex Offers that give you a discount for spending a certain amount, so another strategy would be waiting for the Amex Offer to appear to stack the discount and credit.

    Check Out Your Amex Offers

    If you are new to American Express ecosystem, youll find that Amex offers discounts to dozens of merchants, some of which you probably never heard of, and some of which will be very familiar. Youll find Amex offers just below your current transactions.

    To take advantage of the discount, youll need to add an offer to your card first. And heres a little known fact about Amex offers. Amex wont display more than 100 offers at a time, so keep adding offers, even if you dont intend to use them. Thatll free up space for the new offers to load, and maybe youll get one of those really valuable offers like $100 off at Dell or a great discount on a paid hotel stay.

    I check the offers every few days, and if I see an offer I might use in the future, I immediately add it to my card in case this offer disappears or Amex decides enough people have added it to their cards and pulls the offer.

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    Grosche Chicago Black Marble Double Walled Stainless Steel 152 Ounce Tea Infuser Bottle And Tea Tumbler

    Grosche is a Canadian coffee and tea accessory company that sells everything from French presses to teapots to even loose leaf tea and roasted coffee.

    This affordable bottle/tea tumbler is double-walled and vacuum-sealed to keep hot drinks hot for 12 hours or cold drinks cold for 24 hours. Designed with an insulated tea infuser, matcha maker, and water infuser, this tumbler has tons of capabilities.

    The product itself is made of 18/8 stainless steel and is rustproof. Its a great combination of utility, portability, and aesthetics.

    You can get this product for $30 on Saks website, which leaves $20 leftover out of your $50 credit.

    Amex International Airline Program

    I HATED The Amex Platinum Saks Credit (UNTIL I Did THIS)

    With the Amex International Airline Program, you can save on the cost of international first class, business class, and premium economy airfare, on nearly two dozen airlines. This typically provides discounts even on already discounted tickets, so is a spectacular value.

    If you book paid international premium cabin travel with any frequency, this could pay the cards annual fee over and over.

    Ive saved on Qatar Airways business class tickets with this perk

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    Amex Fine Hotels & Resorts

    With the Amex Fine Hotels & Resorts program, you can receive extra perks for stays at over 1,000 luxury hotels around the world. These benefits include the following:

    • Daily breakfast for two people
    • Room upgrade upon arrival, when available
    • A unique property amenity
    • Guaranteed 4PM check-out
    • Noon check-in, subject to availability
    • Complimentary in-room Wi-Fi

    Best of all, the rate is typically in line with the best available rate. I get a lot of value out of this program. Having the Amex Platinum Card gets you access to this, and if you prepay your reservation you even earn 5x points.

    Receive extra benefits at the Waldorf Astoria Bangkok

    Amex Centurion Lounge Access

    Amex is well known for its Centurion Lounges, which are significantly better than what youll find in most airline lounges in the United States.

    The lounges have hot food, cocktails, and some even have complimentary spa treatments .

    Currently, US locations include Charlotte, Dallas, Houston, Las Vegas, Los Angeles, Miami, New York LaGuardia, New York JFK, Philadelphia, Phoenix, San Francisco, and Seattle, with more to come. Theres also a Centurion Lounge in Hong Kong, and some other American Express branded lounges at other airports.

    When accessing Amex Centurion Lounges you can bring two guests , and you can access the lounges up to three hours before departure of your flight .

    Access Amex Centurion Lounges with the Amex Platinum

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    Other Amex Platinum Card Hotel & Airline Perks

    Beyond the annual credits that potentially more than justify the annual fee, as well as an incredible lounge access program, the Amex Platinum Card also offers status with two hotel loyalty programs, access to a program that gets you valuable hotel perks, and discounts on many premium cabin airline tickets.

    Amex Platinum Cardholders Can Get Up To $100 Back At Saks

    Underrated &  Easy $50 Amex Platinum Saks Credit: How To ...

    Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list ofour partnersandhere’s how we make money.

    You may want to start planning your Saks shopping spree.

    The Platinum Card® from American Express and other eligible Platinum-branded consumer cards from AmEx have a new benefit, Shop Saks with Platinum, that will give cardholders up to $100 in annual statement credits for any purchases made with the card at Saks Fifth Avenue stores in the U.S. or online.

    Starting July 1, 2018, cardholders can register for the benefit by logging in to their AmEx account online. The benefit becomes effective on the same day. There is no minimum purchase amount required to earn the statement credit, but terms do apply .

    The perk offers credits semiannually. Cardholders receive up to $50 in statement credits for shopping at Saks from January through June, and up to $50 in statement credits from July through December.

    In addition to the Saks benefit, card perks include airport lounge access, a $200 annual airline fee credit and up to $200 a year in Uber credits, to name a few. The annual fee is $695.

    To view rates and fees of The Platinum Card® from American Express, see this page.

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    Amex Platinum Card Lounge Access

    The Amex Platinum Card offers one of the most comprehensive lounge access benefits of any card. This is called the Global Lounge Collection, and it offers access to over 1,200 lounges in over 130 countries. This includes proprietary Amex lounges, as well as access to lounges run by other airlines and companies.

    New Everyday Lifestyle Benefits

    As sad as it is, we cant all travel all the time. American Express understands this and has recognized it as an opportunity to add more benefits that can be used at home. They are calling these lifestyle benefits and a select group of people will find them to be quite valuable.

    • $240 Digital Entertainment CreditPurchases or subscriptions with Audible, The New York Times, SiriusXM and Peacock will be eligible for up to $20 per month in statement credits. These providers may also provide special perks that are reserved for Platinum Card Members. Enrollment is required.
    • $300 Equinox CreditSelect Equinox memberships or a digital subscription to Equinox+ will be eligible for up to $25 in statement credits each month when you pay with your card. Cardholders must enroll to use this benefit.
    • Exclusive Global Dining Access by ResyCard Members will have access to exclusive reservations at some of the top restaurants in the world thanks to The Global Dining Access program by Resy. Premium events and other perks may also be available.

    The Platinum Card® from American Express

    The Platinum Card is destined for frequent travelers who intend to fully leverage the rich set of luxury travel benefits and Platinum Concierge service. In the right hands, the classic status card’s staggering annual fee is well justified.

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