The new card offers up to 6% back on Saks Fifth Avenue purchases and 1% back on all other purchases. Customers' points will be converted automatically into Saks gift cards. The card also offers access to the Virtuoso travel network; complimentary companion tickets with the purchase of full fare "Business Class" tickets for international travel; tailored shore excursions and private cocktail receptions on four cruise lines; preferred rates at more than 650 hotels plus value-added amenities such as complimentary daily breakfast for two, room upgrades, late check-in, late check-out, hotel dining credits and customized offerings that are unique to the destination and VIP status; complimentary subscriptions to travel publications; special event access and tickets to performing arts and theater events; and airport lounge access for a nominal fee.