How to Use Saks Credit Amex Platinum?

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Key Takeaways:

  • To use the Saks credit, you need to enroll in the benefit first through your Amex account.
  • You can get up to $100 in statement credits annually for Saks purchases split into two $50 semi-annual credits.
  • The credit applies to purchases at Saks Fifth Avenue stores and online at
  • There is no minimum purchase required to trigger the statement credits.
  • Authorized users on your Platinum Card can also use the Saks credit benefit.
  • The credit does not apply to Saks gift cards, outlet store purchases, or restaurant purchases within Saks.


The Saks credit is an exclusive shopping benefit available to American Express Platinum Card members. This perk entitles cardholders to up to $100 in annual statement credits for purchases made at Saks Fifth Avenue stores and online at With high-end fashion purchases quickly adding up, this Saks credit can provide valuable savings to offset splurges on designer clothes, shoes, accessories, and more.

But how exactly does this Saks credit work with the Platinum Card? What steps are needed to use this benefit? Are there any limitations or exclusions to be aware of? This article will provide a comprehensive guide on how to use the Saks credit from the Amex Platinum Card to maximize the value of this shopping perk. By clearly explaining the enrollment process, credit amounts, eligible purchases, and key details, readers will learn how to seamlessly earn up to $100 in annual statement credits at Saks with their Platinum Card.

Understanding every aspect of this Saks shopping credit will enable Platinum Card members to strategically leverage this benefit when making high-end fashion purchases. Let’s dive in!

How Do You Enroll in the Saks Credit Benefit?

The first step to using the Saks credit is enrolling in the benefit. Here is a step-by-step overview of how to enroll:

  • Log into your American Express account online or through the Amex app.
  • Select your Platinum Card account.
  • Click on “Rewards & Benefits” and then “Benefits.”
  • Find the “Shop Saks With Platinum” benefit box and click “Enroll Now.”
  • Accept the terms and conditions to complete enrollment.

Once enrolled, the Saks credit will automatically apply to eligible purchases made with your Platinum Card. Enrollment only needs to be completed once to access this benefit as long as you remain a Platinum Card member. You can check your enrollment status anytime by viewing your Amex benefits page.

What Is the Saks Credit Amount?

With the Saks shopping credit, Platinum Card members can earn up to $100 in statement credits per calendar year for eligible purchases at Saks. Here are the key details on how this $100 credit amount works:

  • The credit is split into two $50 semi-annual credits.
  • The first $50 credit applies to purchases made from January 1st through June 30th.
  • The second $50 credit applies to purchases made from July 1st through December 31st.
  • If the full $50 limit is not used in a six-month period, the remainder does not carry over.
  • Eligible purchases will automatically trigger statement credits up to the $50 limit in each semi-annual period.
  • Once you reach the $50 credit limit in a six-month period, no additional credits will apply until the next period begins.

Effectively using both $50 semi-annual statement credits allows you to maximize the full $100 in Saks savings each year. Track your progress within each six-month period to strategically spread out your purchases.

What Purchases Are Eligible for the Saks Credit?

To take advantage of this benefit, it’s important to know what types of purchases qualify for the Saks credit. Here are the details on eligible purchases:

  • The credit applies to purchases made at Saks Fifth Avenue retail stores.
  • Online purchases at are also eligible.
  • There are no category exclusions – the credit can be earned on any products available at Saks.
  • Both sales and regular-priced merchandise qualify for the credit.

Common eligible purchases include clothing, shoes, handbags, jewelry, beauty products, home goods, and more. As long as the item is sold directly through Saks Fifth Avenue, either online or in-store, it should trigger the statement credit when purchased with an enrolled Platinum Card.

Is There a Minimum Purchase Required?

A great feature of the Saks credit benefit is that there is no minimum purchase amount required to earn the statement credits. Whether you spend $5 or $500, any eligible purchase made with your enrolled Platinum Card will trigger the credit.

This makes it easy to strategically earn the $50 semi-annual credits on small purchases if needed. For example, buying a pair of socks or a beauty product for $10 at Saks could trigger the full $50 credit in a six-month period. Maximizing the benefit does not require big spending if you don’t have larger planned purchases.

Can Authorized Users Also Earn the Credit?

Yes, authorized users added to your Platinum Card account can also benefit from the Saks statement credit. As long as they make eligible purchases with the authorized user Platinum Card, the credit will be triggered.

However, authorized users will need to enroll separately in the benefit through their own American Express online account. As the primary cardholder, you cannot enroll authorized users under your account. But once enrolled, they can enjoy the same Saks perks.

What Purchases Are Excluded from the Saks Credit?

While the Saks credit eligibility is broad, there are some important exclusions to be aware of:

  • Gift cards – The credit cannot be earned on purchases of Saks Fifth Avenue gift cards.
  • Outlet stores – Purchases made at Saks Off 5th outlets do not qualify. The credit only applies at Saks Fifth Avenue retail stores and
  • Restaurants – Purchases at restaurants located within Saks stores are not eligible. This includes cafes and other dining establishments inside Saks locations.
  • Online bill pay – Using your Platinum Card via Saks online bill pay to make a payment on your Saks credit card account does not qualify for the $50 credits.
  • International shipments – Online purchases at that are shipped to an address outside the U.S. are excluded. The items must be shipped to a U.S. address.

Keeping these exclusions in mind will help avoid mistakes that result in credits not being issued. Always double check your Saks purchases against this list if you are unsure.

Are There Any Other Important Details to Know?

Here are a few final tips and considerations for smoothly earning and using your Saks credits:

  • The statement credit typically posts to your account 1-2 billing cycles after the eligible purchase. Monitor your activity to confirm credits are applied.
  • You can check your available Saks credit amount in your Amex account under “Membership Rewards Points Summary.”
  • Returned Saks purchases will result in credits being clawed back from your account if already issued.
  • Shop early within each semi-annual period for enough time to utilize the full $50 credit.
  • Stack the Saks credit with other discounts like coupons or sales for additional savings.
  • If you receive a damaged or defective item, work with Saks for an exchange or refund to still earn the credit.

Putting It All Together

The Saks credit can unlock substantial savings and extra value from your Platinum Card membership. By enrolling in this benefit, thoughtfully timing purchases, carefully selecting eligible items, and avoiding exclusions, you can maximize up to $100 in annual statement credits. Use this guide to master every step and detail involved with earning credits seamlessly. The Saks benefit makes luxury fashion purchases a little more affordable. Shop smarter and start embracing high-end style with the help of your Amex Platinum!

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