Earn 15 Miles Per Dollar Spent With Saks (Stack With Amex Platinum Credit)

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At the moment the AAdvantage eShopping Portal, Alaska Mileage Plan Shopping, and United MileagePlus Shopping are offering 15 miles per dollar spent at saks.com. These portals ordinarily offer five, four, and three miles per dollar spent for saks.com, respectively.

All three portals have the same terms associated with the offer:

Please note these terms & conditions: Any return, exchange or other adjustment made at a physical store location for an on-line purchase may result in your purchase being deemed ineligible. Not eligible on phone orders, in-store pickup or products purchased for resale. Eligible only on web orders. Not eligible on purchases made with coupon or discount codes that are not found on this site. Not eligible on gift cards, gift certificates or any other similar cash equivalents.

In and of itself this is a pretty noteworthy return on spend. I value American and United miles at ~1.3 cents each, so to me that’s a roughly 20% return. I value Alaska miles at around two cents each, so that’s like a 30% return. If you’re using the American AAdvantage eShopping Portal you could even stack this with their current “Back To School” promotion, offering 500 bonus miles if you spend $150, and 1,500 bonus miles if you spend $350.

In other words, spending $350 at saks.com through AAdvantage eShopping would net you 6,750 American miles, worth almost $100 by my valuation.

But it gets even better than that. Just recently The Platinum Card® from American Express ($550 annual fee) added an awesome new feature, called “Shop Saks with Platinum.” As of July 1, 2018, the card offers registered members a $100 annual credit for Saks purchases – this comes in the form of a $50 credit that can be used between January and June, and a $50 credit that can be used between July and December.

That means if you made an eligible $50+ purchase through saks.com you’d get a $50 statement credit. And if you’re going to do that, you might as well pick up 15 miles per dollar, and stack it with another shopping portal promotion.

Heck, even if you didn’t want anything from Saks and don’t think you’ll have a use for the $50 credit, it might be worth it to buy something for $50 just to earn 750 airline miles.

(Tip of the hat to Evan)

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Comments

  1. @ Lucky — Alaska Mileage Plan also offering 15x per $ today at Saks… While no back to school bonus, for an expensive item this would be the highest return.

    – JRL

  2. Remember earlier, when I said, UGHH I just used the AA Portal 2 days ago… it was at SAKS!!! DOUBLE UGHHH!!!!!

  3. “I value Alaska and United miles at ~1.3 cents each”…typo. I think you meant AA and United

  4. @lucky are you sure is valid on both sites, saks.com and saksfifthavenue.com ??? according to amex platinum benefits the $50 credit only valid on saks.com

  5. @Lucky… your amex card in the above pic says member since 88! Given your youthful good looks that’s really impressive!

  6. Does the Saks credit work towards a gift card? Would love to take advantage of the shopping portal today and save the gift card for when I figure out how to use it.

  7. @ Jamie D — The terms indicate that it doesn’t work on a gift card. Some report luck with it working for a gift card purchase in-store, but definitely not online, based on what I’ve heard.

  8. Would purchasing something with the current Saks promo, returning in stores for a gift card, and then using the gift card through the portal at another time be worth the effort?

  9. Boo. Oh well, I did alright. I ordered off the website and it only cost me $3 after the credit with free shipping. 53 points 🙂

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