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Amex $50 Saks Fifth Avenue Credit and $200 Dell Credit Reset

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Jarrod West
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Jarrod West

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Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in o...
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Keri Stooksbury

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Editing with Upgraded Points for over 5 years, as editor-in-chief, Keri manages the editorial calendar and oversees the efforts of the editing team and over 20 content contributors, reviewing thousand...
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Juan Ruiz

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Juan has extensive experience in writing and editing content related to credit cards, loyalty programs, and travel. He has been honing his expertise in this field for over a decade. His work has been ...
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Cardholders of The Platinum Card® from American Express and The Business Platinum Card® from American Express receive quite a few annual credits throughout the year. Some credits can be used at any point throughout the year, others are monthly, and 2 are biannual — meaning you get part of the credit in each half of the year.

Cardholders of either the personal or business version of the Amex Platinum card are now eligible to use these credits once again as they reset in January.

Saks Fifth Avenue and Dell Statement Credits Have Reset

For those not familiar, personal Amex Platinum cardholders receive up to $100 in annual statement credits at Saks Fifth Avenue upon enrollment, paid out as a $50 statement credit for purchases made between January 1 and June 30 and the other $50 for purchases made between July 1 and December 31.

Woman with Dell laptop
Use your statement credits to offset new Dell products or a new outfit! Image Credit: Dell

Amex Business Platinum cardholders receive up to $400 in annual statement credits on Dell technology purchases upon enrollment that’s paid out in the same way: a $200 statement credit for purchases made between January 1 and June 30 and the remaining $200 for purchases made between July 1 and December 31.

With the start of the year underway, those with either card can now use their statement credit to save on purchases with both merchants.

If you’re looking to get even more value, try stacking these statement credits with rewards from a shopping portal like Rakuten or by using an applicable Amex Offer. With both Dell and Saks Fifth Avenue, you can occasionally earn anywhere from 2% to 14% cash-back (or 2x to 14x Amex Membership Rewards points per $1) when shopping through the Rakuten portal. This allows you to earn extra cash-back or points for making a purchase that will be credited back to you!

Final Thoughts

Annual credits on credit cards are sometimes difficult to remember to use. You certainly don’t want to wait until the last minute and end up missing out, as items shipped after the deadline may not be charged to your credit card in time for this half of the year’s credit. So, if you have a current use for these credits, go ahead and put those Dell and Saks Fifth Avenue statement credits to good use! Be sure to enroll in this benefit through your American Express account.

For inspiration on how to spend your credits, we have a guide to the best products you can buy with the Amex Platinum card’s Saks Fifth Avenue credits and the best products you can buy with the Amex Business Platinum card’s Dell credits.

For rates and fees of The Platinum Card® from American Express, click here.
For rates and fees of The Business Platinum Card® from American Express, click here.

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About Jarrod West

Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in outlets like The New York Times.

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