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Those with credits to use at Saks Fifth Avenue may want to browse today, as the shopping portal Rakuten is offering 10% cash back or 10x Amex Membership Rewards or Bilt points on Saks purchases.
The Deal
- Rakuten is offering 10% back / 10x Membership Rewards points at Saks Fifth Avenue today.
If you’re new to Rakuten
Feel free to use one of our referral links, with our thanks. For more detail about setting your earning preference with Rakuten, see Rakuten (formerly Ebates): now change from cash back to Membership Rewards points. See also Now earn Bilt points with Rakuten shopping portal (5/15/26 payout will be 1:1) for details on how to earn Bilt points with Rakuten.Key Terms
- Cash Back is not available for purchases of gift cards or for orders placed using a Saks associate discount.
Quick Thoughts
It’s worth noting that Saks is currently in bankruptcy. As a result, inventory is sparse in some cases, and shipping times vary substantially. That said, if you still want to use those American Express Platinum Card® credits, it’s probably better to do so sooner rather than later.
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I tried this in the evening yesterday and by 7 PM PST it was back to 2% on Rakuten.
There is basically nothing left under $50. Amex going to have to find another credit to replace this credit.
To be fair, it was never Saks’s intent to offer this credit to give you something for $50 for “free.” They hope this entices you to pay $1950 instead of $2000 for 3 t-shirts and a pair of pants.
As a result, I’m not overly optimistic that this will be replaced.
But thanks for saving me the time of checking to see whether they replenished any stock. I made a purchase in early December that never shipped, so I didn’t use my 2H25 credit and am not going to bother going forward.
“Inventory is spare” is a gross understatement. Let’s be real – inventory is nonexistent.
They are incredibly picked over. Took me a long time to find something around $40. With the $10 shipping, I’ll enjoy the 400 points with Bilt and move on with my life. But hard to value this Amex credit at more than the 10x Rakuten earnings. If you value Bilt points at 2cpp, that’s $8, which seems about right. Maybe $10 – I guess a pair of shorts will be arriving, who knows, maybe they’ll be nice.
It seems like a good sign that portals are back. Since there’s 4 1/2 months to use the platinum credit, maybe it’s worth waiting for new inventory. (Don’t they have a lot of excess real estate to be liquidated and pay debt?)
There’s 30x at Toys R Us
Picked up 4 red wine glasses for $1.94 out of pocket (after the $50 credit, including tax and shipping). Plus got 400 Amex MRs in the process. I’ll call that a small win.
Why on earth are you still wearing that silly thing on your face?
It’s an old picture.
And my mom made that “silly thing”. No need to be rude.
i see the 10x back. but where do you see 10x points? i dont see it in my amex membership portal.
you can opt to get MR from Rakuten instead of cash back
See this part of the post Jen:
For more detail about setting your earning preference with Rakuten, see Rakuten (formerly Ebates): now change from cash back to Membership Rewards points.
Shipping kills the deal
Definitely stinks. I forgot that they reinstated that. That said, I can’t imagine finding much in-store for less than $50, and for those of us who don’t live anywhere near a store, shipping is just part of the calculation now.
I just went to order something. They now charge for shipping? Any way to dodge the shipping fee?
Nope.
https://frequentmiler.com/no-more-free-shipping-on-cheap-saks-orders/
Free shipping and returns on orders over $100. Just order stuff to return and keep you net order over $50 after you’re done.