If you hold The Platinum Card® from American Express, now is a fantastic opportunity to use some of your biannual statement credits!
Rakuten is running their annual Big Give promotion awarding increased cashback awards at eligible merchants — and Saks Fith Avenue is one of them: 15% cashback (or 15X American Express® Membership Rewards®) at Saks!
UPDATED, MAY 9: Saks Fifth Ave is not a 15% cash back merchant today.
Plus, new members can earn $40 bonus cashback when signing up for Rakuten via a referral link. (Thank you!! Join by May 15 and earn $40 bonus cashback when you spend $40 within 90 days. Terms apply.)
This is part of Rakuten’s Big Give Week promotion. Saks likely won’t be a 15% cash back participant all week. I don’t know if it’s just today or maybe we’ll see them with some regularity this week.
Amex Platinum Card: Saks Fifth Avenue
The Platinum Card® from American Express members can earn up to $50 in statement credit from January through June on eligible purchases made through Saks Fifth Avenue. Then another $50 from July through December. (Cardholders must manually activate the perk via their Amex account. Terms apply.)
You can earn 15% cashback when you start your online shopping session through Rakuten. That should stack with your Amex statement credit perk and any other available Saks Amex Offers you added to the card. It’s entirely possible to make money purchasing merchandise from Saks.
This never ceases to amuse me: so many people B.M.W. about the Saks Fifth Avenue feature on their Amex Platinum card. First, if you can afford the card’s annual fee or figure out how to offset it, this isn’t a problem. (card_name)
Not sure what to buy at Saks? Here are some ideas to get you started. There are also some great suggestions in that post’s Comments section!
(If you’re a nudist who insists on not bathing, eschews deodorant, and can’t stand cologne or perfume, then the Amex Platinum Card and Saks benefit probably aren’t for you.)
Not a Rakuten Member? Earn an Additional $40 Very Quickly
Rakuten is running a great, limited-time promotion: earn $40 cashback after spending $40 within 90 days of signing up. (You can also choose to receive the $40 as 4,000 Amex Membership Rewards points). (We’re happy to refer to you. Thank you!)
So if you don’t yet have a Rakuten membership, sign up now for free. If you haven’t used your Saks credits, consider buying something this week (again, start your shopping session through Rakuten). Spend your statement credit benefit. You’ll earn the $40 promotional cashback and 15% of your purchase price at Saks.
Better Rakuten Promotions Coming?
I don’t remember ever seeing anything better than 15% cashback for Saks. So, I’d strike while the iron is hot.
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