FlyerTalk Forums - View Single Post - Amex (USA) personal Platinum Lululemon benefit
Old Oct 1, 2025 | 2:25 pm
  #265  
mia
Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
10 Countries Visited
20 Nights
2M
20 Years on Site
 
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA, IHG & Marriott Platinum; DL & HH Gold
Posts: 51,807
Originally Posted by bzcat
....They probably cleared $20 million in gift card sales in the last 2 weeks which they don't have to redeem until later. That's free money.
Unless Lululemon is bearing the cost of the credits, in which case the cash goes back to American Express -and- the unredeemed gift cards sit on their books as a liability.
mia is offline