Terms & Conditions
SaksFirst Guidelines & Restrictions
The SaksFirst Program runs on a calendar year period, January 1 through December 31. You must be a Saks Fifth Avenue Credit Card cardholder in order to participate in the SaksFirst Program. Pending credit approval, first-time SaksFirst credit card applicants are eligible for a 10% discount one time only on all purchases made on account open day; excludes some designer collections, some leased departments, some cosmetics, all service fees, restaurants, gratuities and Gift Card purchases. You must spend a minimum of $1 in eligible net purchases (purchases net of returns and other adjustments) at Saks Fifth Avenue, Saks Fifth Avenue OFF 5TH saks.com or saksoff5th.com (collectively referred to herein as "SAKS") on your Saks Fifth Avenue Card during a calendar year period, January 1 through December 31, to qualify for SaksFirst and receive SaksFirst points. SaksFirst Points earned throughout the calendar year are converted into a SaksFirst Gift Card as described in the SaksFirst Gift Card section below. You must acquire a total of 2,500 points in a calendar year in order to receive a SaksFirst Gift Card. The 2,500 point minimum can consist of any combination of base points or bonus points (in all cases provided that the minimum $1 in eligible net spend at SAKS is met).
All SaksFirst customers earn SaksFirst points for every eligible dollar spent on calendar year-to-date net purchases. Depending on your year-to-date eligible spend, you earn the following points per dollar while shopping at SAKS during non-Bonus Point shopping days and during special Double and Triple Bonus Point shopping days throughout the calendar year:
SaksFirst points are earned based on year-to-date eligible spend. If a purchase qualifies you to move up one or more SaksFirst tiers (whether during a Bonus Point day or not), your point earning would be split between tiers for that purchase. For example, if you spend $15,000 on your first purchase at SAKS during the calendar year, you will earn 2 points per dollar for the first $4,999, 4 points per dollar between $5,000 and $9,999 and 6 points per dollar for all eligible spend over $10,000.
Eligible spend is net of returns, credits, refunds and adjustments and defined as purchases made at SAKS, excluding sales tax, delivery, alterations, repairs, restaurants, fur storage, beauty salon products and services, purchases at The Company Store at Saks Fifth Avenue, gratuities and Gift Cards. The definition of eligible spend extends across all SaksFirst benefits, partner benefits and promotions.
SAKS purchases not eligible for SaksFirst points include sales tax, delivery, alterations, repairs, Estée Lauder purchases at Saks Fifth Avenue OFF 5TH, purchases at The Company Store at Saks Fifth Avenue, gratuities and Gift Cards. Purchases made in some Licensed Departments are not eligible for Double or Triple Point shopping events (as further described in the promotional materials for such events). The dollar value of the SaksFirst Gift Card is determined based on 1% of total net points accumulated, in $25 increments. Net points comprise base points plus bonus points less points redeemed (or adjusted) in conjunction with special offers in the calendar year.

Every SAKS account will be treated separately for accumulation and redemption of points. However, purchases made on a Major Purchase Account during the program year will count toward primary account point totals. SaksFirst Gift Cards and any other exclusive SaksFirst privileges are nontransferable. Your account must be open and in good credit standing to be eligible to receive a SaksFirst Gift Card. Returns of merchandise and other financial adjustments will be deducted from the total point balance. Corporate accounts are not eligible to participate.

Platinum and Diamond tier SaksFirst members (annual eligible spend of $10,000 or more at SAKS) are eligible for the complimentary storage of one (1) fur and complimentary valet parking where available. Diamond tier SaksFirst members are eligible for an exclusive customer service number, found on the back of the Diamond tier SaksFirst Card.
Saks Fifth Avenue MasterCard®
You will first be considered for a Saks Fifth Avenue World EliteTM MasterCard®. If you do not qualify for that product, you will automatically be considered for a Saks Fifth Avenue Platinum MasterCard®, which has different benefits and credit availability. For benefit details, please read your credit card benefits materials, which will be mailed after your account is established. Purchases made at SAKS can only be applied towards the Saks Fifth Avenue line of credit. Purchases made outside of SAKS can only be applied towards the MasterCard line of credit. You must acquire a total of 2,500 SaksFirst points in a calendar year in order to receive a SaksFirst Gift Card. The 2,500 point minimum can consist of any combination of base points or bonus points earned inside or outside of SAKS.
Purchases on the SaksFirst MasterCard
For all purchases made outside of SAKS on the Saks Fifth Avenue MasterCard that transmit merchant location to MasterCard as Spas or Salons, you will receive 3 SaksFirst points per dollar spent. Purchases made at Spas and Salons inside of Saks Fifth Avenue earn 3 points per dollar. You will receive 2 SaksFirst points per dollar spent on purchases at merchants that transmit merchant location to MasterCard as Grocery Stores, Gas Stations or Restaurants. Purchases made at superstores, warehouse clubs and discount clubs are excluded. We do not determine whether merchants correctly identify and bill transactions as being made at the above locations. Purchases made at restaurants inside Saks Fifth Avenue earn 2 points per dollar. You will receive 1 SaksFirst point per dollar spent on all other purchases made outside of SAKS.
SaksFirst Gift Cards
SaksFirst Gift Cards can be redeemed at any SAKS location. SaksFirst Gift Cards become void and/or may be adjusted upon return of qualifying merchandise. Merchandise returns without the associated SaksFirst Gift Card may be refused. SAKS reserves the right to adjust the original merchandise purchase transaction (including debiting your account) for any SaksFirst Gift Card not surrendered with the associated merchandise return.
The SaksFirst Gift Card has no cash value and is not a coupon for a discount or a markdown on merchandise. SaksFirst Gift Cards cannot be applied to current account balances, cannot be used to purchase Gift Cards, and can only be used for future purchases. You must acquire a total of 2,500 SaksFirst points in a calendar year in order to receive a SaksFirst Gift Card. For every 2,500 SaksFirst points you acquire, you will receive a $25 SaksFirst Gift Card. For example, 2,500 SaksFirst points are equal to a $25 SaksFirst Gift Card, 5,000 SaksFirst points are equal to a $50 SaksFirst Gift Card. The SaksFirst Gift Card is not transferable and expires 12/31 in the year it is issued unless otherwise specified on the gift card itself or in the accompanying SaksFirst Gift Card materials. You may redeem your SaksFirst Points at any time during the year, if you have a SaksFirst account in good standing and have at least 2,500 SaksFirst Points. Redemptions made during the year can be made upon customer request at SaksFirst.com in increments of $25. At year-end, you will automatically be issued a SaksFirst Gift Card at the beginning of the following year equal to your point balance in increments of 2,500 SaksFirst Points. All remaining positive point balances (i.e., any points remaining after issuance of the SaksFirst Gift Cards) will be reduced to zero (0). For instance, if you end the year with 5,500 SaksFirst Points, you will be issued a $50 SaksFirst Gift Card, and will begin accumulating new SaksFirst Points as of January 1 of the following year, beginning with a zero (0) balance. All negative SaksFirst point balances at year-end will automatically be carried over into the next calendar year's SaksFirst Program, and will remain on your account. SAKS reserves the right to disqualify program participants who accumulate excessive negative SaksFirst points (as determined by SAKS in its sole discretion).
Employees of SAKS and its affiliated companies are not eligible to take part in the SaksFirst program. SaksFirst offers are subject to availability. SAKS reserves the right to change or discontinue the SaksFirst program, rewards, guidelines and restrictions at any time.The SaksFirst credit card is issued by Capital One, N.A.
WORLD ELITE TRAVEL BENEFITS Terms & Conditions for the Saks Fifth Avenue World Elite MasterCard®
Click here for the most up-to-date Saks Fifth Avenue World Elite MasterCard Guide to Benefits.
Click here for details on the Saks Fifth Avenue World Elite MasterCard Travel Accident Insurance.
Click here for the most up-to-date Saks Fifth Avenue Platinum MasterCard Guide to Benefits.
Click here for details on the Saks Fifth Avenue Platinum MasterCard Travel Accident Insurance.

For additional World Elite MasterCard benefit details, terms, and conditions, please call the number on the back of your card or visit www.mastercard.com/worldelitetravel. Travel-related services are provided by or through one or more travel service providers and such travel service providers and benefits are subject to change at any time by MasterCard® without notice. All benefits are subject to availability at the time of booking. Benefits are subject to terms and conditions unique to each travel service provider and/or destination. All travel and benefits require purchase with your World Elite MasterCard card. The goods and services described herein are offered and provided by third party merchants and MasterCard is not responsible for any losses related to the offer, fulfillment or use of the goods or services. Offers available on select charters, sailings, tours, and chauffeured cars. Offers may vary by supplier. Hotel & Resort benefits may be limited to specific room types and may vary by supplier.

To take advantage of any World Elite travel benefits unless stated otherwise, you must book through Carlson Wagonlit Travel, MasterCard’s designated travel agent for MasterCard Travel Services and must reserve and pay in full for reservations, including deposit and final payment, with a valid World Elite MasterCard. All benefits and offers are subject to availability and are subject to change or cancellation without notice. Benefits may generally be redeemed multiple times, subject to specific travel service provider limitations, and are valid on new bookings only. Multiple World Elite travel benefits provided by MasterCard Travel Services may be booked, but such benefits may not be combinable with a travel service provider’s other offers.

Blackout dates and additional terms, conditions and restrictions may apply. Specific travel benefits are not available for certain card programs. Please visit mastercard.com/worldelitetravel or contact one of our program travel advisors for additional program details and terms and conditions. Airline booking and other fees may apply. Carlson Wagonlit Travel, MasterCard, World Elite MasterCard issuers and travel service providers are not responsible for printing or typographical errors. The terms and conditions contained herein are subject to change at any time by MasterCard without notice. All benefits are subject to availability.

MASTERCARD, WORLD ELITE, MASTERCARD TRAVEL SERVICES and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. All rights reserved.

The Saks Fifth Avenue World Elite MasterCard is issued by Capital One, N.A. and is serviced by its affiliates, Capital One Services, LLC.