Your Guide to the Amex® Platinum Saks Credit
5 Min Read | Published: December 24, 2025
Learn how the Amex® Platinum Saks credit works. Get up to $100 annually in statement credits for Saks Fifth Avenue purchases, online or in-store.
At-A-Glance
- The $100 annual Shop Saks with Platinum adds a little luxury to your shopping.
- Enrolled Card Members can receive up to $50 for eligible purchases at Saks Fifth Avenue or saks.com from January through June and $50 from July through December.
- You can maximize your Saks Amex Platinum benefit by timing purchases around seasonal shopping and spending strategically to save.
The Platinum Card® isn’t just about flights and lounges—it can also upgrade the way you shop. One standout perk is the Shop Saks with Platinum, a $100 annual Saks credit that blends practicality with a little everyday indulgence. Terms apply.1 Let's break down how it works, some smart ways to use it, and how it ties into the broad scope of Platinum perks you can use to treat yourself.
What Is the Amex Platinum Saks Credit?
The Platinum Card adds a touch of luxury to your shopping list with up to a $100 Saks Fifth Avenue statement credit annually. When you enroll online through your Amex account, the benefit extends to eligible online and in-store purchases. With two up to $50 periods from January through June and July through December, the benefit can transform everyday items, from apparel and accessories to cookware and beauty finds, into little moments of indulgence.
How to Use the Saks Amex Platinum Credit
Follow these streamlined steps to unlock the benefit:
- Enroll in the Saks benefit by logging in to your Amex account.
- Shop in-store at Saks Fifth Avenue in the U.S. or U.S. territories, or online at saks.com.
- Charge eligible purchases to your Platinum Card within the two 6-month timeframes to automatically receive the credit.
- Get up to $100 back every calendar year.
Keep in mind, the credit won’t apply to Saks Fifth Avenue gift cards, online or in-store purchases at Saks OFF 5TH, restaurants located inside Saks stores, Online Bill Pay for Saks Credit, or online purchases that ship outside of the U.S.2
Shopping Tips for Your Saks Fifth Avenue Amex Platinum Credit
These strategies may help you shop smarter at Saks:
- Capitalize on seasonal sales by refreshing your summer accessories in June or updating winter home decor in December.
- Pair your credit with Saks-exclusive sales to stretch the value even further.
- Spend and earn Membership Rewards® Points to earn more back while shaving off some of the cost with your Saks statement credit.
- Explore purchases like luxury cookware or beauty products, which may fall near or under the credit amount.
Other Platinum Shopping Benefits
Make the most of your Platinum Card by indulging in shopping sprees at other partner retailers, such as:
- $300 Lululemon Credit: You can receive up to $75 in statement credits each quarter when you use the Card for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. Enrollment required.
- $155 Walmart+ Credit: Get up to a $12.95 statement credit back (plus applicable taxes on one membership fee) each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Platinum Card®.
- $200 Oura Ring Credit: Oura Ring can help you meet your health goals. You can receive up to $200 in statements credits when you use the Platinum Card® to purchase an Oura Ring at Ouraring.com each calendar year. Enrollment required.
Frequently Asked Questions
Yes, Amex Platinum offers a Saks credit, alongside plenty of travel, lifestyle, and shopping credits. And with expanded lounge and hotel perks plus points on flights and prepaid hotels, Platinum continues to combine premium travelwith everyday luxury.
No, the Amex Platinum credit does not work at Saks OFF 5TH or saksoff5th.com. The benefit is only valid for purchases made at Saks Fifth Avenue stores in the U.S. and U.S. territories or online at saks.com.
Unused Saks credits don’t carry over. The benefit provides up to $50 from January through June and another $50 from July through December, with amounts expiring at the end of each period. It may help to shop a bit before the deadline, since processing delays could occasionally push a purchase into the next period.
The Takeaway
With the Amex Platinum Saks Fifth Avenue credit, you can receive up to $100 each year, split into two $50 periods, for eligible purchases online or in-store. By bringing more style and value to your budget, this benefit goes beyond simple savings to add a little luxury to your shopping habits.
1 For more on Offer and Benefit Terms for the American Express® Platinum Card, click here.
2 Read the benefit terms and conditions for more details about shopping at Saks with Platinum.
Liv Gillespie is a Philadelphia-based writer with a double M.A. in English Linguistics & Literature and Secondary Education. Her work focuses on personal finance.
All Credit Intel content is written by freelance authors and commissioned and paid for by American Express.
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