Originally Posted by
josephstern
The fact that we all seem to hate the Saks credit but like the Lulu credit is a window into the demographics of Amex's customer base.
I frankly don't even know who shops at Saks these days. I've gotta believe the average age is pretty high. But young people do like a nice flashy, perk-laden Amex.
I actually did used to shop at Saks online when they ran 70-75% off events until they upped free shipping to $300. That's when they pretty much lost me.
Plus $100 annually at Saks is a total sneeze while you can get some good stuff for $300 annually at Lululemon (which is triple the credit amount), especially given my teens really like their accessories line.