Banana Republic Luxe Card | Review & Rewards Calculator

Banana Republic Luxe Card

Card Benefits & Rewards Calculator
5x Gap Brands
1x Everywhere Else
Free 3-5 Day Shipping
Quarterly Bonus Points
Free Basic Alterations
Choose Your Own Sale Day
Bonus Points Shopping Days
Birthday Gift
Easy Returns
Spend To Luxe Status

When you earn 5,000 points with the Banana Republic Credit Card, you'll receive the Luxe version. Learn the benefits, calculate rewards points, and compare!

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In order to obtain the coveted Banana Republic Luxe Visa Card, you'll need to earn 5,000 points during the calendar year with the Banana Republic Credit Card. The easiest and most efficient way to do that is by spending $1,000 at Gap brand stores over the course of the year. Luxe status comes with several useful additional benefits which includes bonus points, free shipping, and more. If you typically spend a lot at Gap brand stores, you'll want to aim for Luxe status as it can save you money and earn you rewards faster.

Bonus Categories

The Banana Republic Luxe Card features one bonus category that earns bonus points which is Gap brands. There is no limit to the amount of bonus points you can earn spending at Gap brands and no limit to the amount of points you can earn with the card in general.

5x Gap Brands

The Banana Republic Luxe Card earns 5 rewards points per $1 spent at Gap brand store. Eligible purchases count as purchases made in-store (U.S. & Canada Only), online, via phone, or mail at:

  • Athleta
  • Gap
  • GapBody
  • babyGap
  • GapKids
  • Gap Maternity
  • Gap Outlet
  • Gap Factory Store
  • Banana Republic
  • Banana Republic Factory Store
  • Old Navy
  • Old Navy Outlet

Earning 5 points per $1 will be equal to earning a 5% return on your purchases. Since the Luxe card comes with a 20% point bonus every quarter, you will actually be earning a 6% return on your purchases. So if you were to earn 1,000 points during a quarter, you would be given a bonus 200 points. It's not a super "big" bonus, but it's still extra points that can help with purchases throughout the year.

1x Non-Category

All non-Gap purchases made on the Banana Republic Luxe Card will earn 1 rewards point per $1 spent. This is a low return of 1% which is pretty bad. If you include the quarterly 20% bonus, you'll be looking at an earning of 1.2x points or a 1.2% return. This can still easily be beat by a 2% cash back card like the PayPal Cashback Mastercard or the Citi Double Cash. Generally, I don't recommend putting non-category spend through any of Gap's credit cards.

Perks and Benefits

The Banana Republic Luxe Card comes with all the benefits of the Banana Republic Credit Card along with a few additional ones.

Birthday Gift

Annually, on your day of birth, you will receive a birthday gift from Banana Republic in the form of a coupon that can save you some extra money on your next purchase. You will only receive this gift if you have made at least one purchase at Banana Republic within the past 12 months. Your account must also be in good standing.

20% Bonus Points

As a Banana Republic Luxe member, you will receive a bonus of 20% of points earned during the calendar quarter. This is equal to an additional 1% in earnings when spending at Gap brand stores. So if you were to earn 1,000 points between January and March (one quarter), an additional 200 bonus points would be deposited into your account.

The 20% bonus perk is also offered on the Gap Silver credit cards and Navyist Credit Cards which are the enhanced versions of the Gap and Old Navy credit cards. Athleta does not have an enhanced version so be aware of that if you planned on going for the Athleta Visa Card or Athleta Store Card.

Free Shipping

When you use the promotional code 'LUXE', you will receive free 3-5 day shipping on purchases made online with Gap, Banana Republic, Old Navy, Athleta, Gap Factory, and Banana Republic Factory. This is good for anywhere in the U.S. which includes Puerto Rico. This only applies to the 3-5 day shipping, so choosing other options may generate additional charges.

You'll typically get free shipping when you purchase more than $50 worth of stuff from Gap brand stores, so this is a great benefit that will save money for those who want to grab up a few items that add up to less than $50.

Free Basic Alterations

You will receive free basic alterations at Banana Republic as a Luxe member. This will only be for merchandise purchased in-store at Banana Republic or online at You will not be able to return or exchange merchandise that has been altered, so do take note of that.

Other Benefits

You will also have access to the following benefits as a Banana Republic Luxe Card member:

  • Special Offers & Early Access To Sales
  • Bonus Points Shopping Days
  • No Receipt Required For Returns
  • Choose Your Own Sale Day
  • Exclusive Toll-Free Luxe Hotline

Sign Up Bonus

You cannot directly apply for the Banana Republic Luxe Card. You will need to apply for the Banana Republic Credit Card and earn Luxe status by earning 5,000 points running spend through the card.

Bonus Points

You can earn an easy 1,000 reward points redeemable for a $10 reward when you "Connect" with Gap by filling out the form located at the bottom of any of their Gap credit card details pages. You'll earn 500 points when you enter your email address and another 500 points when you opt to "Go Paperless" when it comes to paperless billing. You will need to be a cardholder in order to take advantage of these bonus points.

Credit Card Fees

Annual Fee
Authorized User Fee
Foreign Transaction Fee

Annual Fee

The Banana Republic Luxe Card does not have an annual fee. You will always earn a positive return when you use this card to make purchases at Gap brand stores as well as when you use the card to make purchases anywhere that VISA is accepted.

Authorized User Fee

There is no fee to add additional users to the Banana Republic Luxe Card. If you have family/friends that shop at Banana Republic and other Gap brands, I recommend adding them to earn points faster and to help you maintain Luxe status.

Foreign Transaction Fee

The Banana Republic Luxe Card has a 3% foreign transaction fee. That means you will be penalized 3% every time you use this card outside of the United States. Consider that the card is only good for U.S. and Canada purchases, I would steer clear of using this card internationally.

Banana Republic Luxe Membership

You will need to re-qualify for Banana Republic Luxe status every calendar year. This is done by earning 5,000 points with your Banana Republic Luxe Credit Card between January 1 and December 31. The easiest way to do such is by spending $1,000 at the Gap brand stores that qualify for the 5x bonus points multiplier.

Failure to reach 5,000 points in a calendar year will knock you back down to the basic Banana Republic Credit Card and you will not longer have access to the benefits that comes with being a Banana Republic Luxe member.

and Card Value Calculator

You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.

All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any another rewards card side-by-side by clicking on the Compare A Card button.
Compare A Card
Compare A Card
Select a card from the list below to compare it side by side against this card. You can search by card name (e.g. chase sapphire reserve, uber visa) or by rewards program (e.g. thankyou points, membership rewards points).
Currency Worth
This is the cash value of points and miles used in these calculations. You can click on the amount to change the value or you can select View Rewards As to calculate your rewards when transferred to partners.
View Rewards As...
0 Cent(s)
View Rewards As...
This section allows you to view your rewards as if you transferred them to a partner. Select a transfer partner below and the calculator will alter the calculator to reflect the transfer ratio and the reward currency of the receiving program. This only applies to the currency of the selected card. Not all programs have transfer partners. I also do not have the cash value of points and miles for all transfer partners.
Edit Value
Enter the cash value of these rewards in cents per point/mile. You can enter the value as X.XX cents or 0.0XXX cents. The maximum value allowed is 15 cents ($0.15) and the minimal value is 0.1 cents ($0.001).
Loyalty/Rewards Programs
Covers hotel loyalty status, status with bank rewards programs, and few others. These are added automatically based on card selection, but can be manually added as well.
/ Loyalty Programs
Add/Remove Loyalty Programs
Select which loyalty programs you want to include in the calculations. You will be able to select your status with the program and it will calculate additional points/bonuses based on what you enter in the calculator.
Loyalty Programs
Other Bonuses
All card card specific bonuses will be listed here. These are added automatically based on the selected card(s).
Categories Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value. You can use +/- Categories to add and remove categories from the list and Options to copy spend between columns and clear all spend.
/ Categories
Add/Remove Categories
Select which categories you want to appear in this calculator. You can search categories by typing in a keyword below. De-selecting categories will remove them from this calculator. Categories are changed once you hit 'Update'.
Currently Selected:
Deselect All
Clear Spend
This will clear the spend in all of the categories in both columns. This will also clear all saved values.
Copy Spend
Copy Right will take the spend from the left column and copy it to the right column. Copy Left will take the spend from the right column and copy it to the left column. The spend amount ($) and unit of time (month, day, quarter) will be copied over.
Reward Bonuses
This section holds sign up bonuses, loyalty bonuses, and bonus bonuses. Most bonuses here will be listed automatically based on certain criteria. You can click 'Extra Bonus' if you wish to enter your own bonus amount.
Extra Bonus
Any additional bonuses you wish to add such as a sign up bonus or point bonus for adding authorized users
Total Earnings
Sum of all rewards above this line.
Cash Value of Earnings
Based off of currency worth.
Learn how you can use cash back portals to earn hundreds in cash back every year booking travel and shopping online. Easily double and triple dip on rewards when you combine cash back portals, loyalty programs, and rewards credit cards.
Calculator Continues Below
Monetary Bonuses/Perks
This is a list of cash perks and bonuses associated with the selected card(s). Some perks will be listed here automatically. You can click on 'Perk Bonus' if you want to add additional value for the card.
Perk Bonus
Enter how much you value any unmentioned perks this card offers.
Annual Fees
This section contains the annual fee and authorized user fee (if applicable) to hold on to the listed card(s).
Edit Fees
Edit the annual fee and authorized user fee of the Card (if applicable).
Annual Fee: -
Auth Fee: -
Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card when everything is taken into account.
Total Return
The percent you are earning per dollar spent on this card.

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Page Last Updated: 2020-02-09
Written By: Robert Flowers III

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About These Calculators: These calculators are provided to help you estimate the value of points, miles, and cash back you can earn with various rewards programs and using reward earning credit cards. These calculators are meant to provide an estimate of rewards earned and are not meant to reflect the exact amount of points you may receive. Be sure to read the terms and conditions of any credit card before you apply as benefit and perk changes may not be reflected immediately on this website.

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