Posted by Chuck on December 6, 2017
Deals

Published on December 6th, 2017 | by Chuck

46

Amex Offers: $50 off $250 at Saks Fifth Ave, Small Moneymaker [Targeted]

The Offer

Check your Amex logins for one of the following offers:

  • Get $50 statement credit when you spend $250+ at Saks Fifth Avenue or saks.com with a registered Amex card
  • Get 5,000 Membership Rewards points when you spend $250+ at Saks Fifth Avenue or saks.com with a registered Amex card

The Fine Print

  • Expires 1/22/17
  • $250 can be spent in a single transaction or split across multiple transactions
  • Not valid at outlet locations (in-store and online)
  • Excludes restaurants located within the store and Online Bill Pay for Saks Credit
  • Not valid on saks.com purchases shipped outside of the US. Valid at any participating location in the US and US Territories

Our Verdict

Targeted offer, I found on a few cards. This deal is great for shopping, and also good as a small moneymaker if you’re into gift card reselling. Current sell rates can be 82% or higher, depending on which selling relationships you have.

If you’re shopping at Saks be sure to use a shopping portal, there are some nice rates there now. Gift cards mostly likely won’t trigger the portal bonus, unfortunately. If you’re not a portal person, consider using our Saks affiliate link with our appreciation. Another option is to make purchases in-store and get 4% back from Ebates in-store cash back.

Last time around, the online Saks system was a complete fiasco (at least for gift card purchases, not sure if it was that way for ordinary purchases). Let us know if you had a smooth experience buying gift cards online.



46 Responses to Amex Offers: $50 off $250 at Saks Fifth Ave, Small Moneymaker [Targeted]

  1. Justintime says:

    Does saks fifth avenue sell any gift cards of other places in store?

  2. mommafrica says:

    I’m buying a gc in-store this time. The last time was a complete mess with my cards being cancelled before/after they were shipped to me. Never received anything.

    • Chuck says:

      Right, let me add a note.

    • Max says:

      OMG! Now I’m scared. I placed two orders back to back for $250 E-Gift cards and thought I should wait. A couple hours later Saks called to confirm the order was legit and said they were approved. I got the emailed codes and placed my last order. I really hope the first two don’t get deactivated if the last is cancelled. The last ordered couldn’t be delivered until tomorrow so I have no idea so far.

      • Mike says:

        Please update us when you have a moment later this week; I’d like to do this on all 5 cards that received the offer, but have no Saks store near by, and would have to eGC online. Thanks!

    • Elias says:

      NOOOOOOOOOOOOOOO Last time I lost $700 on this thing. All GCs were drained then they sent it to the wrong address, then replacement was drained. Then they put the money on another gift card that I had already sold, their stupid customer service is the worst!!!!!!!!

      I battle for about 7 months until I gave up!

      AVOID AT ALL COST!!!!!!!!!!!!!!!!!!!

  3. Value Traveler says:

    Most U.S. airlines set to limit use of ‘smart bags’

    http://money.cnn.com/2017/12/05/technology/smart-bag-limits/index.html

  4. nemme says:

    I got spend $250 at Sak’s and get 5,000 points.

  5. Max says:

    It’s a $50 statement credit.

  6. Josh M says:

    5/5 for me

  7. Siv says:

    Based on the terms, Ebates in-store cash back is not available on gift cards.

  8. Lrdx says:

    “Excludes restaurants located within the store and Online Bill Pay for Saks Credit”

    Why, could one normally pay Saks Credit by credit card?

  9. P says:

    I received MR offer – 5000 points instead. So, that makes this more profitable.

  10. krish says:

    What items are excluded from earning points?
    A. Sales Tax, Delivery Fees, Purchases of Gift Cards, Gratuities, Alterations, Repairs, Beauty Salon Products and Services.

  11. gary says:

    does saks off fith work as well?

  12. Puja says:

    i got on 4/5 cards. anything worth to buy there? also can multiple gc’s be combined on a single order?

  13. Mike says:

    6/6 personal. 0/4 business. So it seems like it might not be worth the hassle to resell the gift cards…

  14. dizzy says:

    Anyone get their e-gift cards yet?

  15. Vishal says:

    5/6 Personal, 0/1 Biz.

    Had quite a hassle last time while selling eGC on raise.com. The buyer raised a claim *after* using the GC. It was finally settled after multiple calls/mails to Saks and Raise.

    Going for physical GC this time, with 2 day free shipping from ShopRunner.
    ~$8 moneymaker for each $250, plus some Amex cards get to see the light from sock drawer.

  16. LC says:

    Not gonna lie, nothing makes me confident about my 2, $250 Saks e-gift card purchases. This hardly seems worth it according to everyones experienecs…

  17. Ken says:

    All of my eGCs were cancelled. Amex approved, so it was on the Saks end.

    • Max says:

      How many did you order and did you order all of them back to back?

      • Ken says:

        3 back to back all on different cards, guest checkout, and different emails. Recipient email was the same. I did miss a call from Chicago area which was probably them.

        • Max says:

          I got a call from Saks in Birmingham, AL to make sure I placed the order. I told her I placed more than one order (two at the time) and she found the second one and approved both. Nothing yet for the third order.

    • Lc says:

      I dont get why these places even bother with phone call verifications and anything manual. They need to take a lesson from just about any big company that does this right. I never have any issue buying e-gift cards from a place like American Airlines. Why not automate this? Not sure how this is different than any other card purchase, its on the bank card company and person buying to identify unauthorized transactions, not them! What a waste of everyones time and money.

  18. mommafrica says:

    I was also sent an email to receive another Saks gc of $25 for spending $250 (in-store/online, code DEC2017). This can be done up to $700 ($700 for $3K spend) for spending different amounts. The terms say that gc’s and Saks Off 5TH are excluded.

    To most, I would suggest not buying eGC’s, buying from a physical store if possible and making certain to only buy gc’s from saks.com and not Saks Off 5TH b/c Saks Off 5TH usually doesn’t count. But the saks.com gc does work at Saks Off 5TH.

    This is being said respectfully from the past year experience.

    • Ken says:

      Are the physical GCs shipped already activated, or do you need to click a link from an email like WM requires? Postal worker by me has sticky fingers and around half the letters with cards in them never make it to me.

  19. Max says:

    My third order was cancelled without notice. I had to check the status online and search with the order number as it was not in my order history. I should have waited a few days.I may stop in a real store in a few weeks.

  20. mishyq says:

    Put in multiple orders of physical GC back to back – only the first one change its status to “Shipped” The rest were cancelled without any email notification. Only found out accidentally when I log in to check

    Put in order of electronic GC. Status remain as “submitted” after 3 days. Orders placed later than that were already shipped.

    Anybody with more experience with Saks can shed a light on this? What is the best way to procure GC from Saks for someone who doesnt have access to a local store?

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