Source: The Points Guy
Summary
American Express is ending the Saks Fifth Avenue statement credit on the Platinum card on June 30. Cardmembers who haven’t used their January-June credit can still get up to $50. To use the credit, cardmembers must enroll in the benefit and make a purchase at Saks Fifth Avenue online or in-store in the US or US territories. The credit is not valid for gift card purchases, and there’s a $9.95 shipping fee for online orders under $300.
Our Reading
The escape is carefully planned.
The American Express Platinum card’s Saks Fifth Avenue statement credit is ending on June 30. Cardmembers can use the credit to buy luxury items like Chantecaille Pure Rosewater Travel Face Mist, Good American Good Legs Crop Skinny Jeans, or Dior Addict Glass Lipstick. To maximize the credit, cardmembers can stack it with a shopping portal like Rakuten. The credit is a benefit that’s carefully planned to provide value to cardmembers.
And, of course, the “carefully planned” part is what makes it feel like a chore.
Author: Evan Null
