$50 Statement Credit with $250 Purchase at Saks Fifth Avenue
American Express has a new targeted Amex Offer for Saks Fifth Avenue which can be profitable especially when combined with in-store cashback from Ebates.
The Offer
Get a one time $50 statement credit by using your enrolled Card to spend a minimum of $250 or more in 1 or more transactions in-store at Saks Fifth Avenue or online at saks.com by 1/22/2018.
Key Terms
- Enrollment limited.
- 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.
Conclusion
This could be a profitable offer if you have it on your cards. The Amex Offer gives you a 20% discount and gift card purchases are not excluded. You can sell them for a profit of at least 5% of face value, plus you can get 4% cachback in-store from Ebates.
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card is the old king of travel rewards cards. Right now bonus_miles_fullLearn more about this card and its features!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
I’d like to get the MR points, but the portals all explicitly exclude gift card purchases. I’m also only seeing 80% cash resale value at (what I consider to be) reputable gift card exchanges. Does anybody have portal data points and/or a better gift card exchange option? Thanks.
Ebates in-store cash back is not available on gift cards.
I got paid on an in-store gift card purchase at Bed Bath & Beyond a few weeks ago.