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Amex Platinum’s New Benefit is Giving $50 Credit on Any Purchase

DDG
DDG

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Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.

amex platinum saks fifth

Amex Platinum’s New Benefit is Actually a $50 Credit on Any Purchase

The Amex Platinum credit card has a new benefit that kicked off this month. You can get $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com. The credit comes in two parts, $50 for the first half of the year, and another $50 for the second half. You need to enroll first, before using your card. But this new benefit seems to work better than expected, at least for now.

$50 Credit on Any Purchase

Instead of just giving out the $50 credit for Saks Fifth Avenue purchases, Amex is giving the credit on all purchases on $50. That’s any purchase anywhere. There’s many data points on this reddit thread already. The credit takes about two days to post after a purchase is completed.

Conclusion

This is clearly a glitch from American Express. I expect for it to be fixed quickly. It’s also very likely that all $50 credits that were given out in error, will be clawed back. It still worth trying out, maybe by purchasing a $50 Amazon gift card.

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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