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BENEFITS/LIFESTYLE/SHOPPING/SAKS FIFTH AVENUE CREDIT
DISCONTINUEDAMERICAN EXPRESS

Saks Fifth Avenue Credit

Up to $50 in statement credits each January through June, and July through December for purchases at Saks Fifth Avenue online or at locations in the US and US Territories.

TYPECreditPosts back to your card bill
RESETSEvery 6 MonthsUnused credit does not roll over
ENROLLMENTRequiredOne time, in your American Express account
GOOD ATSaks Fifth AvenueU.S. locations
FORMER FACE VALUE
$100/ yr
Not available to new cardholders

Recent updates

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REMOVED
Jul 1, 2026

Amex removed the Saks Fifth Avenue credit from the Platinum Card (Schwab) effective July 1, 2026.

REMOVED
Jul 1, 2026

Amex removed the Saks Fifth Avenue credit from the Platinum Card effective July 1, 2026. Saks filed for Chapter 11 bankruptcy earlier in the year.

REMOVED
Jul 1, 2026

Amex removed the Saks Fifth Avenue credit from the Platinum Card (Morgan Stanley) effective July 1, 2026.

Where it works

Questions

How much is the Amex Saks Fifth Avenue Credit worth?

Up to $50 every six months, $100 a year.

Is the Amex Saks Fifth Avenue Credit still available?

Amex removed the Saks Fifth Avenue credit from the Platinum Card (Schwab) effective July 1, 2026.

What can I use the Amex Saks Fifth Avenue Credit on?

Up to $50 in statement credits each January through June, and July through December for purchases at Saks Fifth Avenue online or at locations in the US and US Territories.

Do I need to enroll in the Amex Saks Fifth Avenue Credit?

Yes. Enroll in the benefits section of your americanexpress.com account or by calling the number on the back of your Card.

When does the Amex Saks Fifth Avenue Credit reset?

It resets on January 1 and July 1. Unused credit doesn't carry over.

We send one email a month with credits worth using before they reset.
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Benefit values shown are at face value and do not account for personal spending patterns. Terms, eligibility, and enrollment requirements are set by the card issuer and may change. Confirm details on your issuer’s website before making decisions based on this page.