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Cardholders of The Platinum Card® from American Express and The Business Platinum Card® from American Express have quite a few annual credits that they receive throughout the year. Some credits can be used at any point throughout the year, others are monthly, are 2 are done biannually.
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 July.
For those not familiar, personal Amex Platinum cardholders receive $100 in annual statement credits at Saks Fifth Avenue, 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.
Amex Business Platinum cardholders receive $400 in annual statement credits on Dell technology purchases, paid out in the same way with 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. Be sure to enroll in this benefit through your American Express account.
So, with the second half 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!
Annual credits on credit cards can be difficult to remember to use sometimes, and you certainly don’t want to wait until the last minute and end up missing out. So, if you have a current use for them, go ahead and put those Dell and Saks Fifth Avenue statement credits to good use!
For inspiration on how to spend your credit, we have a guide to the best products you can buy with Amex Platinum’s Saks Fifth Avenue credits and the best products you can buy with Amex Business Platinum’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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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.
Travel is changing fast... Stay on top of all the points strategies, exclusive offers & pivotal news - and lock in huge savings along the way.
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