Amex Offer: Earn 5,000 Membership Rewards Points at Saks Fifth Avenue

American Express has released a new Amex Offer through which you can earn 5,000 Amex Membership Rewards points when you spend $500 or more at Saks Fifth Avenue. This is a decent amount of points to earn, and you could be targeted for this offer on one of your cards.

Here’s what you need to know.

What Are Amex Offers?

Amex Offers is a program that provides discounts or rebates at popular merchants worldwide. The offers are listed on each individual American Express Card, which you can view in your mobile app (iOS, Android) or on American Express’ website. You generally need to be targeted for an offer, and you may be targeted on either 1 card, some cards, all cards, or no cards. Unfortunately, there’s no way to add the offer if you aren’t targeted.

Earn Membership Rewards Points at Saks Fifth Avenue

This specific Amex Offer expires on November 17, 2023 (this is likely timed to expire just before Black Friday deals come around). You’ll earn 5,000 Amex Membership Rewards points for spending $500 or more at the popular high-end department store.

Saks Fifth Avenue sells everything from clothing to home goods and decor. It’s a store that sells a lot of luxury goods, so you should have no problem meeting the spending threshold to earn the bonus Membership Rewards points. If you earn the 5,000 points, it’s equivalent to getting $50 — at a minimum — back on your $500 purchase.

If you have The Platinum Card^® from American Express, it offers up to a $50 statement credit at Saks Fifth Avenue from January through June and up to a $50 statement credit from July through December (enrollment required). So if you combine this offer with that perk, you’d theoretically get $100 back on your $500 purchase, equal to a 20% savings.

Saks Fifth Avenue stores sometimes have other merchants located within the store itself, so if you’re going in to shop, make sure your transaction is actually with Saks Fifth Avenue. You can also use this offer on the Saks Fifth Avenue website.

Final Thoughts

If you have your eye on something at Saks Fifth Avenue, this is a nice chunk of Membership Rewards points to earn for your purchase and will help you get that much closer to your next high-value travel redemption.