{"id":24526,"date":"2026-06-18T20:00:03","date_gmt":"2026-06-18T20:00:03","guid":{"rendered":"https:\/\/awardwallet.com\/blog\/?p=24526"},"modified":"2026-07-02T14:04:01","modified_gmt":"2026-07-02T14:04:01","slug":"amex-platinum-saks-credit","status":"publish","type":"post","link":"https:\/\/awardwallet.com\/credit-cards\/amex-membership-rewards\/amex-platinum-saks-credit\/","title":{"rendered":"The Platinum Card\u00ae Saks Credit Will Be Removed in July 2026 \u2014 Don’t Forget to Use Yours Before Then"},"content":{"rendered":"

Editor's note: Effective July 1, 2026, the Saks Fifth Avenue statement credit was permanently removed as a benefit from eligible American Express cards. This benefit is no longer available to cardmembers. The information below is provided for historical reference only.<\/em><\/strong><\/p>\n

Eligibility is limited for the Amex Offers discussed in this post. Enrollment is required in the Amex Offers section of your account before redeeming.<\/em><\/p>\n

The American Express Saks credit is one of many benefits the American Express Platinum Card\u00ae<\/sup> offers<\/a>. Every year, cardholders can receive up to $100 in annual statement credits at Saks Fifth Avenue or saks.com \u2014 split into $50 in the first half of the year (January\u2013June) and $50 in the second half (July\u2013December).<\/p>\n

However, with the benefit set to end (for good) on July 1, 2026<\/strong>, the current first-half credit will be the final opportunity to use it, and it won\u2019t reset for the second half of the year. If we had to guess, this is related to Saks Fifth Avenue\u2019s ongoing financial woes<\/a>.<\/p>\n

Below, we\u2019ll walk through how to use the credit and ways to maximize before it expires for the last time.<\/p>\n

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American Express Platinum Card\u00ae<\/sup><\/div>\n
\"American<\/div>\n
Learn More<\/a><\/div>\n
Rates & Fees<\/a>
(Terms apply)<\/span><\/div>\n
Welcome Offer<\/strong>\r\nYou may be eligible for as high as 175,000 Membership Rewards\u00ae<\/sup> Points after spending $12,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.<\/div>\n <\/div>\n
\n American Express Platinum Card\u00ae<\/sup><\/strong>\n
Welcome Offer<\/strong>\r\nYou may be eligible for as high as 175,000 Membership Rewards\u00ae<\/sup> Points after spending $12,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.<\/div>\n
Annual Fee:<\/strong>$895<\/b><\/div>\n
Show more<\/a>Why We Like It<\/a>Highlights<\/a>Earning Rates<\/a>
Cardholders can access more than 1,550 airport lounges worldwide, take advantage of up to $200 in annual airline fee credits, up to $219 in CLEAR+ credits, and TSA PreCheck\u00ae<\/sup> or Global Entry fee credits. The card also includes an annual hotel credit worth up to $600 on prepaid Fine Hotels + Resorts\u00ae<\/sup> or The Hotel Collection bookings (The Hotel Collection requires a minimum two-night stay), Hilton Honors\u2122 and Marriott Bonvoy\u00ae<\/sup> Gold Elite status, and a suite of benefits with Fine Hotels + Resorts\u00ae<\/sup>. Additional perks include $12.95 monthly Walmart+ membership credit (with applicable sales taxes and Plus Ups not include), up to $300 in annual digital entertainment credits, up to $300 Equinox credits, and up to $200 annual Uber Cash and $120 Uber One Credit. Enrollment required for select American Express benefits.<\/div>
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