More Bad News for Amex Platinum Saks Fifth Avenue Credits

amex platinum saks creditMore Bad News for Amex Platinum Saks Fifth Avenue Credits

American Express is getting really strict about enforcing its rules. They are making it more and more difficult to maximize the benefits of the Amex Platinum card. Plus there’s all the issues with self referrals that we have seen recently. Here’s a quick recap of what I have covered this year:

Now the latest comes from Miles per Day. Earlier in the year there was a “trick” where you could place an online order for pickup to trigger the Saks credit. If you didn’t make it to the store to get your items, you would get credited the purchase and the Saks credits from the Amex Platinum cards would not be taken back. But a full eight months later, he writes, the credit were clawed back, and even with the card already closed.

While American Express clearly shouldn’t have issued Saks credits in these cases, the fact that they are now clawing them back, the same time as all the other clawbacks are happening, means that they are really looking into those who might have gamed the benefits somehow. We might see previous credits for Saks gift cards clawed back as well.

Guru’s Wrap-up

I would suggest sticking to the rules with American Express. They are obviously looking to enforce all rules and fine print. Or if you do go for these tricks that might trigger credits, be aware that they could be clawed back at a later time. We saw this with the Staples Amex Offer also.


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