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It’s that time of year again—the "Saks Double Dip" is back! 🥂💰
We usually focus on the big-picture strategy at awardtrail, but when the stars align for an easy win, we have to shout it out. Rakuten is currently offering 10% cash back (or 10x Membership Rewards points) at Saks Fifth Avenue.
Why this is a must-act for Amex Platinum holders:
The Credit: You have a $50 Saks credit for the first half of the year (expires June 30).
The Points: By clicking through Rakuten, you earn 500 Amex points on a $50 purchase.
The Math: If you value Amex MR points at 2 cents each (which we do!), that’s an extra $10 back on a "free" $50 purchase.
Awardtrail Pro-Tip: If you’ve already used your credit, don't ignore this. 10x back on luxury goods or high-end kitchenware (anyone need a new espresso scale?) is a fantastic way to top off your balance for that next big redemption.
Have you used your $50 credit yet? Drop a 👇 if you’re grabbing something today!
#awardtrail #amexplatinum #rakuten #travelhacking #pointsandmiles #saksfifthavenue #membershiprewards #smartspending #travelhacker
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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