[Dead] Saks Fifth Avenue $550 Giftcard For $350 After AmEx Offer & Saks Discount (Possible $100 Money Maker)

Deal no longer works on gift cards.

The Offer

Direct link to physical gift cards (our affiliate link, I doubt we will get paid on gift card purchases)

• Saks Fifth Avenue are offering the following discount with the promo code ITSCOLD:
  • $50 OFF your $250 purchase
  • $100 OFF your $450 purchase
  • $175 OFF your $750 purchase
  • $250 OFF your $1000 purchase
• AmEx has a targeted offer for spend $450, get $100 back
• This means you can purchase $550 Saks Fifth Avenue Physical Giftcard and you’ll end up paying $350

The Fine Print

• Limit one per customer

Our Verdict

Resale rates are currently at 83% for Saks Fifth Avenue, if that holds you’d be making $100+ profit. I don’t expect that to hold, but as long as rates stay above 63% you’ll be profitable (note: Please keep in mind that according to the exchanges they have like $300,000 in Saks Fifth Avenue stock so it’s entirely possible it’s going to drop a lot). As far as I know no portals are currently earning cash/points back on Saks Fifth Avenue purchases, but it probably doesn’t hurt to go through a portal and hope for the best anyway (best rates here). Also pretty big discount if you want to make Saks Fifth Avenue purchases.

Hat tip to waterpri on DDF