topic New $100 Annual Credit for Amex Platinum in Credit Cards

New Semi-Annual Saks Fifth Avenue Credit for Amex Platinum

K-in-Boston — Tue, 26 Jun 2018 21:24:08 GMT

https://thepointsguy.com/news/amex-platinum-100-at-saks/

Two $50 credits a year. I’ll take it!

Re: New Semi-Annual Credit for Amex Platinum

sdsoccerdad — Tue, 26 Jun 2018 20:14:31 GMT

Sweet! Now this wallet i want will only be $330 instead of $380

Re: New Semi-Annual Credit for Amex Platinum

CreditCuriosity — Tue, 26 Jun 2018 20:20:20 GMT

Nice perk!

Re: New Semi-Annual Credit for Amex Platinum

RicHowe — Tue, 26 Jun 2018 20:55:23 GMT

I loves da AMEX!

Re: New Semi-Annual Credit for Amex Platinum

Anonymous — Tue, 26 Jun 2018 21:22:06 GMT

I’ll definitely be taking advantage 😂

Re: New Semi-Annual Credit for Amex Platinum

K-in-Boston — Tue, 26 Jun 2018 21:27:54 GMT

Certainly helps to offset the AF. Updated the title a little; I was on mobile and in a rush earlier.

The big question will certainly be whether it works at Saks Off Fifth or not. But yeah, I'll be happy to take $100 in merchandise (and at least 300 SkyMiles for using SkyMiles Shopping) off their hands each year.

Re: New Semi-Annual Credit for Amex Platinum

mkhan1093 — Tue, 26 Jun 2018 21:27:55 GMT

Very interesting perk. I must say Amex sure loves to partition its credits - the Uber credit is $15/mo with the extra $20 in December and now even a credit as small is this is divided up into $50 the first half of the year and the rest in the second half. I don't shop at Saks personally but maybe I'll be more inclined to get something small with this.

Re: New Semi-Annual Credit for Amex Platinum

Anonymous — Tue, 26 Jun 2018 21:32:09 GMT

Partitioning works well because a good chunk of Platinum holders DGAF about nickels and dimes. You have to pay attention to get the credit obviously

Re: New Semi-Annual Credit for Amex Platinum

K-in-Boston — Tue, 26 Jun 2018 21:36:41 GMT

Maybe I'll just buy a t-shirt...

Re: New Semi-Annual Credit for Amex Platinum

AverageJoesCredit — Tue, 26 Jun 2018 21:49:13 GMT

K, tshirt size Large please. Christmas is just around the corner.....and a tie for Miesterbro too, maybe he wont notice I second hand shopped his present

Re: New Semi-Annual Credit for Amex Platinum

Adkins — Tue, 26 Jun 2018 21:56:03 GMT

@K-in-Boston wrote:
Maybe I'll just buy a t-shirt...

That's pretty much why I've never bothered setting foot in Saks - I am not their target demographic.

Re: New Semi-Annual Credit for Amex Platinum

Anonymous — Tue, 26 Jun 2018 21:58:30 GMT

Another reason to get the card. $500 worth of perks guaranteed on a yearly basis not inclusive of the SUB, Amex offers, and other benefits.

Re: New Semi-Annual Credit for Amex Platinum

redpat — Wed, 27 Jun 2018 02:11:45 GMT

Amex is adding while the others are subtracting. Go Amex go.

K Boston, AA shopping will get me 500 free miles.

Re: New Semi-Annual Credit for Amex Platinum

UncleB — Wed, 27 Jun 2018 14:13:00 GMT

@Anonymous wrote:
Another reason to get the card. $500 worth of perks guaranteed on a yearly basis not inclusive of the SUB, Amex offers, and other benefits.

The Amex Platinum card is either perfect for someone, or it's not a good fit at all... there's very little in-between with it. (For the record, I fall into the latter category.)

That said, props to Amex for increasing the value for Platinum cardholders even more!

Re: New Semi-Annual Credit for Amex Platinum

K-in-Boston — Wed, 27 Jun 2018 14:19:29 GMT

I think that's a great argument to be made, @UncleB, but I think there are still also probably a lot of people who have it for "the prestige" and don't make use of many of the benefits. Like those who carry high-interest balances, I'm thankful for them helping to fund the benefits that I do take advantage of.

Re: New Semi-Annual Credit for Amex Platinum

UncleB — Wed, 27 Jun 2018 14:39:47 GMT

@K-in-Boston wrote:
I think that's a great argument to be made, @UncleB, but I think there are still also probably a lot of people who have it for "the prestige" and don't make use of many of the benefits. Like those who carry high-interest balances, I'm thankful for them helping to fund the benefits that I do take advantage of.

Very true, indeed... but I would put the 'prestige' people into the 'good fit' category anyway, since even if they don't get financial or tangible bennies that outweigh the AF they get other subjective perks which makes it worthwhile to them.

My own PRG somewhat falls into this category.

Edited to add: I'm also very thankful for the people who get cards and pay interest and/or don't otherwise take full advantage of the perks!

Re: New Semi-Annual Credit for Amex Platinum

sdsoccerdad — Wed, 27 Jun 2018 15:23:24 GMT

I wonder if this will allow us to buy gift cards while still getting the credit. I'll try it July 1st if someone hasn't beat me to it! Now we just need another Sak's amex offer to sweeten the deal.

Re: New Semi-Annual Credit for Amex Platinum

K-in-Boston — Wed, 27 Jun 2018 15:37:22 GMT

There have been a lot of Amex offers and other "statement credit" offers that have worked for gift cards; so it's likely that it'll work.

New $100 Annual Credit for Amex Platinum

Anonymous — Thu, 28 Jun 2018 01:05:36 GMT

New $100 credit brings Platinum annual fee to $50 if you $200 airline, $200 Uber credit, and $100 Saks credit.

https://www.google.com/amp/s/thepointsguy.com/news/amex-platinum-100-at-saks/amp/

Re: New Semi-Annual Credit for Amex Platinum

wasCB14 — Fri, 29 Jun 2018 04:16:29 GMT

@sdsoccerdad wrote:
I wonder if this will allow us to buy gift cards while still getting the credit. I'll try it July 1st if someone hasn't beat me to it! Now we just need another Sak's amex offer to sweeten the deal.

http://www.americanexpress.com/platinum

You can activate it now (I did so), but a purchase now would not count. You must wait for July 1 to make an eligible purchase.