Saks Fifth Avenue just started their latest electronic gift card promotion. The promotion started online today and begins in stores on Thursday. Online shoppers can use the code AUG2014 and receive their gift card in the mail. As with most promotions, these days, there are lots of brand restrictions. Louboutin, Chanel, Prada, Gucci and Jimmy Choo are just a few of the exemptions.
If you spend… then you get:
$250-$499 …$50
$500-$999… $100
$1000-$1999… $200
$2000-$2999 …$300
$3000 or more …$900
Although there are more designers opting out, Saks has become a lot more generous with their shopping rewards. Looking back into our achieves, back between 2008 and 2011, the reward amounts where half as much. This type of promotion is best used on items that you need now regardless of price or markdown. The gift is just something sweet you can put towards whatever the things you like, as opposed to need.