The Credit Card Program enables customers to
earn points by shopping across Old Navy, Gap, Banana Republic,
Athleta and anywhere else Mastercard® is accepted, plus receive
exceptional rewards on groceries, dining, travel, and more.
Gap Inc. (NYSE: GPS), a collection of purpose-led,
lifestyle brands including Old Navy, Gap, Banana Republic and
Athleta and the largest specialty apparel company in the U.S.,
shared today the launch of a new suite of credit cards with
Barclays US Consumer Bank. First announced last year, Barclays is
now the official issuer of Gap Inc.’s co-branded and private label
credit card program in the U.S. and Puerto Rico through the
Mastercard global payment network. Gap Inc.’s existing 10 million
Cardmembers will be fully migrated to the Barclays program and will
receive their cards later this month. Customers who are interested
in becoming a Cardmember can apply online or through any of the
company’s retail stores in the U.S. and Puerto Rico.
The new Navyist Rewards, Gap Good Rewards, Banana Republic
Rewards, and Athleta Rewards Mastercard cards will enable
Cardmembers to earn 5 points on every $1 spent on purchases made at
Gap Inc.’s family of brands and 1 point on every $1 spent anywhere
else Mastercard is accepted. As a bonus, those who open a new
Mastercard account with Gap Inc. and Barclays between June 1 and
September 30, 2022 will receive 5 points for every $1 spent inside
and outside of Gap Inc.’s family of brands anywhere Mastercard is
accepted from their account opening through January 2023.
As part of the Gap Inc. Rewards Program, points earned when
paying with a Gap Inc. Credit Card can be redeemed in 100 point, or
$1, increments allowing for fast accumulation of rewards and quick
redemption at Old Navy, Gap, Banana Republic, and Athleta. This is
the perfect card for every day, every occasion, and every family,
and offers no annual fee, fraud liability protection, and automatic
enrollment in Gap Inc.’s cross-brand, multi-channel Rewards
program.
New Cardmembers will become members at the Enthusiast
level, which entitles them to the following benefits:
- 5 points on every $1 spent at Gap Inc.’s family of brands
- Free 3-5 day shipping on orders exceeding $50
- Birthday surprise
- Bonus points for quarterly cross-brand purchases
- Exclusive Cardmember access, experiences, and events
- Enthusiast member-only exclusive promotions and offers
Cardmembers who spend more than $1,000 a year at Old Navy, Gap,
Banana Republic and Athleta on their Gap Inc. Credit Card, or earn
5,000 points as a Cardmember, will be upgraded to the Icon
level, which includes all Enthusiast benefits as well as:
- Free 2-3 day shipping on orders exceeding $50
- Double Rewards Redemption Day
- Icon member-only exclusive promotions and offers
“We are very excited for our new partnership with Barclays and
Mastercard, and to continue enhancing our program benefits and
shopping experiences for our more than 10 million Cardmembers,”
said Chris Samway, Senior Vice President and Head of Rewards,
Loyalty & Payments at Gap Inc. “We look forward to leveraging
the unique capabilities this partnership brings to create
meaningful value for our Cardmembers.”
Gap Inc.’s mission is to be Inclusive, by Design with everything
they do for customers, communities, and the planet. A key feature
of the Gap Inc. Rewards Program is the Do Good component,
which allows Rewards Members and Cardmembers the option to donate
their rewards points to vital social impact causes. In addition,
Gap Inc. will continue to match Member donations up to $1 million
and partner with Barclays to support these causes in other ways
throughout the duration of the partnership.
“We are thrilled to partner with Gap Inc. and Mastercard to
offer a suite of credit cards that elevates rewards and experiences
for millions of loyal customers who love to shop at Old Navy, Gap,
Banana Republic and Athleta,” said Bill Crabtree, Head of Retail
Expansion, Barclays US Consumer Bank. “What’s more, through an
annual contribution to Gap Inc.’s Do Good program, we are helping
to strengthen communities through initiatives that empower and
support women, youth, and the underserved to bolster our shared
commitment to drive positive social change.”
The new Gap Inc. Credit Cards will have a recycled card plastic
core, which uses 33% ocean-bound plastic collected from areas
within 25 miles of a waterway. The use of this litter in the cards
diverts plastic waste that would otherwise have gone into the
ocean.
In partnership with Mastercard, Gap Inc.’s brands will begin
hosting Priceless Experiences, delighting Gap Inc. Cardmembers with
unforgettable experiences curated to suit each brand’s values and
identity. Whether culinary, fitness, sports, arts, and
entertainment or otherwise, Mastercard’s Priceless Experiences
create opportunities to bring people together over shared passions.
These experiences will kick-off this summer.
“Mastercard is thrilled to work with Barclays and Gap Inc.,
companies that share our values of inclusion and sustainability,”
said Linda Kirkpatrick, President of North America at Mastercard.
“We’re excited to combine the power of our collective products and
services to deliver priceless shopping experiences that are unique
to each of Gap Inc.’s portfolio of lifestyle brands.”
Existing Gap Inc. Cardmembers should continue to use their
current cards through June 19, 2022. All Gap Inc. Cardmembers will
receive their new Barclays cards, which will replace their existing
card, in the mail in the coming days with activation instructions
so they can begin using it on June 20, 2022.
To apply or learn more about the new Gap Inc. Barclays
Mastercard program, click here.
About Gap Inc.
Gap Inc., a collection of purpose-led lifestyle brands, is the
largest American specialty apparel company offering clothing,
accessories, and personal care products for men, women, and
children under the Old Navy, Gap, Banana Republic, and Athleta
brands. The company uses omni-channel capabilities to bridge the
digital world and physical stores to further enhance its shopping
experience. Gap Inc. is guided by its purpose, Inclusive, by
Design, and takes pride in creating products and experiences its
customers love while doing right by its employees, communities, and
planet. Gap Inc. products are available for purchase worldwide
through company-operated stores, franchise stores, and e-commerce
sites. Fiscal year 2021 net sales were $16.7 billion. For more
information, please visit www.gapinc.com.
About Barclays
Barclays US Consumer Bank is a leading co-branded credit card
issuer and financial services partner in the United States that
creates highly customized programs to drive customer loyalty and
engagement for some of the country's most successful, travel,
entertainment, retail and affinity institutions. The bank offers
co-branded, small business and private label credit cards;
installment loans, online savings accounts, and CDs. For more
information, please visit BarclaysUS.com.
Barclays is a British universal bank. We are diversified by
business, by different types of customer and client, and geography.
Our businesses include consumer banking and payments operations
around the world, as well as a top-tier, full service, global
corporate and investment bank, all of which are supported by our
service company which provides technology, operations and
functional services across the Group. For further information about
Barclays, please visit Barclays.com.
About Mastercard (NYSE:
MA)
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. Our decency quotient, or DQ,
drives our culture and everything we do inside and outside of our
company. With connections across more than 210 countries and
territories, we are building a sustainable world that unlocks
priceless possibilities for all. www.mastercard.com
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version on businesswire.com: https://www.businesswire.com/news/home/20220608006113/en/
Gap Inc. Media Relations Contact: Erin Clinch
erin_clinch@gap.com
Barclays Contact: George Caudill
gcaudill@barclaycardus.com
Mastercard Contact: Alyssa Rosenblatt
alyssa.rosenblatt@mastercard.com
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