Profitable Amex Offer, Get $50 Statement Credit with $250 Purchase at Saks Fifth Avenue

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saks fifth avenue amex offer

$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 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 purchases shipped outside of the US.
  • Valid at any participating location in the US and US Territories.


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.

Based in NYC. Points/miles enthusiast for years and actively writing about it for the last two 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.

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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.


  1. 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.


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