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Amex Offers: GAP Spend $100 get $20/2k Membership Rewards + Stacking possibilities

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Retail is getting hit hard and GAP, along with many other retailers, have been facing the bleak reality that bankruptcy may be in their future. Discounts on current inventory is pretty massive, and Amex has just added in another reason to consider picking up a few items. It extends to the entire gamut of Gap brands as well, including Old Navy, Banana Republic, Athleta, and Hillcity – these purchases must be online. Let’s take a look

Spend $100 at Gap and get $20 or 2k Membership Rewards

As you can see, you can double dip within Amex.

Spend $100 at Gap and get $20 or 2k Membership Rewards

Details:

  • Must spend at US websites, online only
  • No gift cards, phone orders, etc.

a close-up of a card a close up of a website

Keep an eye on Rakuten – sign up here for a bonus

Rakuten just finished a 15%/15x anniversary offer. You can see it below highlighted on Cashbackmonitor’s history chart. Rakuten has been varying cashback and Amex multiples on the daily so it could pop back up. That would be a serious haul of points if it popped back to 15x you could end up with a 3500 Amex bonus on $100 of merch. That is amazing – I’ll be keeping a close eye. Look below at the deals currently avail – $50 shirts down to $11

  • $100 purchase would earn you 2k points
  • Currently you’d earn 4x, or another 400 points
    • If it popped back to 15x, you’d secure an additional 1500 points

a graph of a cashback

Some deals you could land…

Button down shirts that were between $50 and $60 are now pricing in between $11.50 and $18. Those are bargain basement my friends. My eye’s are set on Rakuten popping their earn multiple higher between now and the end of July, and if they do, I could get $500+ worth of goods for $110, and earn over 3500 Amex Points ( worth $70 ) – that’s akin to getting nearly 90% Gap branded merch.

a man in a white shirt

Here’s how it works with our site and referral:

Referrals are how I make upwards of 500k points a year, but it’s also how I can help you out. Since I’m constantly trying to use points on my travel for the site, I cycle through my referrals first, and usually very quickly I max out. I then work my friends and family through the site, and finally, I start adding your links that you leave below. I leave them up for a few weeks and then cycle in another one.

You can also leave referrals for the

I would note that you get more action when the referral is correlated to the article.

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Chase Sapphire Preferred® Card


4.8
4.8/5
The Chase Sapphire Preferred® is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott.

Welcome Offer

$300 Chase Travel℠ Credit + Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

  • $300 Chase Travel℠ Credit + Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 
    • That’s worth $750 when redeemed through Chase Travel℠. Plus, get up to $300 in statement credits on Chase Travel℠ purchases within your first year
  • 5x on all travel purchased through Chase Travel℠
  • 3x on dining, including eligible delivery services for takeout & dining out
  • 3x on select streaming services
  • 3x on online grocery purchases
    • (excluding Target, Walmart and wholesale clubs)
  • $50 Annual Chase Travel Hotel Credit via Chase Travel℠
    • The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
  • 2x on all other travel
  • 10% Anniversary Bonus
    • Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
  • Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
  • Points are transferrable to 14 Ultimate Rewards partners
  • Redeem in Chase Travel℠ for 1.25 cents per point
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Auto Rental Collision Damage Waiver is my favorite
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
  • $95 Annual Fee

We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex®  and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners

Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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