For those of you not familiar with Amex Offers, it’s a program available through most Amex cards, where different cards are eligible for different savings and bonus offers. In many cases the offers can be huge, and more than offset the annual fee on a card.
To view Amex Offers, go to the bottom of the account summary page of any American Express card, where you’ll see all the offers you’re eligible for. These offers come in different forms, including discounts and even in some cases bonus points.
There’s a new targeted Amex Offer for Bloomingdale’s, valid for purchases through July 2, 2018. We see these offers with department stores every so often, and below I’ll explain why they can be valuable even if you don’t frequent one of these retailers.
There are two versions of this offer. The first version offers $20 back when you spend $100 or more at Bloomingdale’s.
The other version of the offer gives 2,000 Membership Rewards points when you spend $100 or more at Bloomingdale’s.
That latter value is definitely better. I value Membership Rewards points at 1.7 cents each, so to me those 2,000 points are worth $34, which is the equivalent of a return of about a third on your purchase.
The promotion is valid for purchases online or in-store, and you can make one or multiple transactions to reach the total. Furthermore, this promotion is targeted, so not everyone will see this offer on their account.
You can also stack this promotion with a shopping portal bonus. For example, the American AAdvantage eShopping portal is offering four bonus miles per dollar spent with Bloomingdale’s at the moment, which is the equivalent of a roughly 5% return.
However, I never buy anything at Bloomingdale’s, so why am I excited at the prospect of this promotion? Because most of the major high end department stores (Bloomingdale’s, Neiman Marcus, Nordstrom, Saks Fifth Avenue, etc.) have standardized pricing for big brand items. For example, whether you’re looking for perfume or skincare products or candles or many clothing items, you’ll pay the same for a specific brand no matter where you buy it.
If you’re someone who is at least a semi-frequent customer of high end department stores, this is an opportunity to get a significant discount on a purchase. It’s one I certainly plan on taking advantage of.
Were you targeted for this Bloomingdale’s Amex Offer, and if so, do you plan on taking advantage of it?