Cate Langs, Member
@catelangs
The Platinum Card® Saks credit is $100 per year toward Saks Fifth Avenue purchases, awarded in two installments: a $50 statement credit from January through June, and a $50 statement credit from July through December.
Cardholders must first enroll through the Platinum Card® benefits portal or by calling the customer service number on the back of their card in order to receive the Saks credit. Once enrolled, shoppers can apply these credits to Saks Fifth Avenue in-store and online purchases made with the Platinum Card®. No minimum purchase is required.
Platinum Card® Saks Credit Limitations
The Platinum Card® Saks credits will post to your account 6 to 8 weeks after you make a qualified Saks Fifth Avenue purchase. Keep in mind that unused Platinum Card® Saks credits do not roll over to the next six-month period. In addition, credits do not apply to Saks Fifth Avenue gift cards or purchases at the outlet Saks OFF 5thAvenue, either in-store or online.
Ultimately, primary cardholders and authorized users can both apply credits to Saks purchases, but only up to a combined $100 annually.
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Is the American Express Platinum Card® worth the annual fee?
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Platinum Card® Benefits
Welcome Bonus:
You may be eligible to earn as high as 175,000 points for spending $8,000 on eligible purchases within the first 6 months (welcome offers vary and you may not be eligible for an offer; apply and, if approved, find out your offer amount and accept the card with your offer, spend $8,000 in 6 months, and receive the points).
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You typically need good credit or better to have a shot at getting approved for the Platinum Card®. You can check your credit score for free here on WalletHub to see if you qualify.
Note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Platinum Card®. Some other key criteria include your income, existing debt load, recent credit inquiries, number of open accounts, housing status,...
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