Skip to content

One of the best Black Friday deals ends Saturday: Get a $75 Saks Fifth Avenue promo gift card with $150 purchase

Nov. 29, 2024
6 min read
Beverly Hills Exteriors And Landmarks - 2020
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.
New

Quick summary

One of the absolute best Black Friday deals is spending $150 at Saks Fifth Avenue and getting a $75 promotional gift card in exchange for your well-timed purchase.

All you have to do is shop using the promo code "BFGIFTSF." That's good all on its own, but when done right, it can get a lot better.

This deal is available for purchases through Saturday, and the promo gift card will be eligible for use from Dec. 15 to Dec. 24.

Here's what you need to know about the Saks Black Friday deal and how to stack deals and discounts to make it even better.

Saks $75 bonus gift card from Black Friday order

SAKS.COM

The promotion terms are as follows:

  • Online shoppers should use the code "BFGIFTSF" at checkout.
  • The offer is valid for online purchases at Saks through Saturday and for in-store purchases through Sunday.
  • Certain brands and items are excluded from the promotion.
  • Promotional gift cards are valid Dec. 15-Dec. 24 and can be redeemed both in Saks Fifth Avenue stores and online.
  • The deal is limited to one gift card per person.
SAKS.COM

The promotional $75 gift card was emailed to me within about 36 hours in past years and had the subject line "Your Saks Fifth Avenue Gift Card." Interestingly, it seemed to act like a regular gift card last year, not a promo one, and was available for immediate use. Of course, that may not happen this year, so don't count on that part.

Related: Ways to save money on Amazon purchases

Earn an extra 16% cash back

RAKUTEN

Right now, you can start your Saks Fifth Avenue purchase at Rakuten and get 16% cash back (or 16 American Express Membership Rewards points per dollar) on eligible Saks purchases.

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

This amount may vary during the Black Friday shopping frenzy; compare cash-back rates via Cashback Monitor to get the best deal.

If you are a new Rakuten customer, you can stack a $40 cash-back bonus on your purchase of $40 or more when joining with a referral link.

TPG's Clint Henderson used the American Airlines eShopping platform to earn 5 miles and Loyalty Points per dollar spent for this year's deal.

American Airlines eShopping notification. AADVANTAGE ESHOPPING

Use your $50 Amex Platinum statement credit

If you have The Platinum Card® from American Express, you can use an up-to-$50 statement credit valid at Saks Fifth Avenue every six months. Your second credit of the year expires Dec. 31, whether you use it or not, so this is an opportunity to stack these savings.

We have a guide on how that Saks statement credit works, but essentially, you need to activate that benefit in your Amex account and then pay for your order with your Platinum card. If you still have a $50 statement credit to use, it should be posted back to your Amex account automatically. Enrollment is required.

Saks Fifth Avenue tracker. AMERICAN EXPRESS

What to buy at Saks

Yes, Saks has $5,000 dresses and other humorously priced items, but there are still some other options that are nice but not outrageous. Here are a few items and brands I've enjoyed at Saks over the years to get you started:

A few other more affordable-ish brands Saks carries that we like include Alo, Skims and Adidas. Of course, scouring their sale section and sorting from least to most expensive is another good strategy if you really aren't sure what to get.

Related: What to buy with the Saks $50 credit

Putting it all together

Let's say you get the Dagne Dover backpack that I love and use all the time that's $161.25 right now — just about the perfect price for the gift card deal.

Dagne Dover large Dakota backpack on sale at Saks Fifth Avenue. SAKSFIFTHAVENUE.COM

Add the promo code to get the $75 promotional Saks gift card, and you should see it in your cart if it worked correctly. Start your Saks purchase at Rakuten for 16% cash back. You'll pay Saks the $161 plus tax and shipping and get about $26 cash back in your Rakuten account.

If you use an Amex Platinum with a $50 Saks credit to pay, you'll drop your effective price by $50, all the way down to $85 after the $26 cash back from Rakuten (before tax and shipping). Factor in that you'll get a $75 promo certificate, and depending on how you look at it, you've spent $85 in cash for over $225 in goodies from Saks.

Hopefully, what you are buying is discounted to make it an even better overall deal. Just be aware that some sale items won't trigger the gift card. It should show in your checkout screen.

If this is the way you get something like the Dagne Dover backpack that I've owned and loved for years, then you've done really well indeed.

Related reading:

Featured image by AARONPBAUER/GRIFFINGC-IMAGES/GETTY IMAGES
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.