Gap Inc. owns Old Navy, a clothing and accessories retailer based in San Francisco, California. Old Navy is one of the most popular family clothing stores because you can find clothes for everyone here; whether for babies, kids, teens, adults, boys, girls, men, or women, you’ll find everything at Old Navy.
To take advantage of their shopping experience at Old Navy, they developed their own credit card that offers many reward points to their customers. Synchrony Bank issues the Old Navy credit card.
Rewards Gained For Old Navy Credit Card PaymentÂ
The Old Navy Credit Card offers rewards like store credit on merchandise purchases. The prizes are redeemable at all offices of Gap Inc.; Marks Gap Inc. consists of Old Navy, Gap, Banana Republic, Athleta, Hill City, the Gap Factory, and Banana Republic Factory.
Earning Rewards
This card gives 5 points for every dollar spent on purchases from the Gap Inc. family, including Old Navy, Gap, Banana Republic, Athleta, Hill City, Gap Factory, and Banana Republic Factory. Once you earn 5,000 points, your Navyist account will get upgraded to the Navyist credit card, and you will receive a 20% bonus on points earned each quarter.
Redeeming Rewards
Rewards are issued automatically with any statement where you have accumulated 500 points or more. Prizes are given in increments of $5, with a maximum reward certificate value of $50. For example, if you accumulate 6,000 points in an exact cycle, you will receive a $50 reward certificate and a $10 reward. Each reward certificate is issued with its expiration date. A maximum of $250 in rewards will be given each billing cycle. Any points not spent on rewards will roll over to the next billing period.
Rewards Potential
Since the Old Navy credit card earns 5 points per dollar on purchases from the Old Navy and The Gap Inc. family of brands, the most significant reward potential comes from spending at these stores.