Old Navy Credit Card for Gift Cards: Any Rewards?

In today’s fast-paced retail landscape, consumers are constantly looking for ways to maximize their spending power. One popular strategy is leveraging store credit cards, like the Old Navy Credit Card, to earn rewards—especially when purchasing gift cards. But does the Old Navy Credit Card offer any rewards for buying gift cards? And how does this fit into broader financial trends, such as inflation and digital payment preferences?

Understanding the Old Navy Credit Card Rewards Structure

The Old Navy Credit Card, issued by Synchrony Bank, is a store-branded card that offers exclusive perks for frequent shoppers at Old Navy, Gap, Banana Republic, and Athleta. But when it comes to gift card purchases, the rewards structure isn’t always straightforward.

Does the Old Navy Credit Card Earn Rewards on Gift Cards?

Generally, store credit cards exclude gift card purchases from earning rewards to prevent reward exploitation (e.g., buying gift cards just to earn points). The Old Navy Credit Card follows this industry standard—purchasing gift cards typically does not qualify for rewards points or cashback.

However, there are exceptions:
- Promotional Periods: Occasionally, Old Navy may run limited-time promotions where gift card purchases earn bonus rewards.
- Using Rewards to Buy Gift Cards: If you’ve accumulated rewards, you might be able to redeem them for gift cards.

Why Do Most Credit Cards Exclude Gift Cards from Rewards?

Credit card issuers implement this policy to prevent "manufactured spending"—a practice where cardholders buy gift cards to meet spending thresholds for sign-up bonuses or cashback, then liquidate them. This loophole can cost banks significant money, so they often exclude gift cards from rewards programs.

The Bigger Picture: Credit Cards, Inflation, and Consumer Behavior

With inflation impacting purchasing power, consumers are increasingly turning to rewards credit cards to offset rising costs. The Old Navy Credit Card, while niche, fits into this trend by offering:
- 5% rewards on purchases at Old Navy, Gap, Banana Republic, and Athleta.
- Special discounts and early access to sales.

How Inflation Is Changing Shopping Habits

As prices rise, shoppers are:
- Prioritizing discounts (hence the appeal of store cards).
- Using gift cards strategically (e.g., buying discounted gift cards from third-party sites to stretch budgets).
- Opting for cashback cards over traditional store cards for flexibility.

The Rise of Digital Gift Cards

Another trend is the shift from physical to digital gift cards, driven by:
- Contactless payment preferences post-pandemic.
- Instant delivery (no waiting for mail).
- Easier gifting (email or text delivery).

While the Old Navy Credit Card doesn’t reward gift card purchases directly, digital gift cards remain a convenient option for last-minute gifts or personal budgeting.

Alternatives to the Old Navy Credit Card for Gift Card Rewards

If earning rewards on gift cards is a priority, consider these alternatives:

1. General Cashback Credit Cards

Cards like the Chase Freedom Unlimited or Citi Double Cash offer flat-rate cashback on all purchases—including gift cards.

2. Cards with Gift Card Bonuses

Some cards, like the American Express Blue Cash Preferred, occasionally offer bonus cashback at supermarkets—where buying gift cards can sometimes earn rewards.

3. Gift Card Resale Platforms

Websites like Raise or CardCash sell discounted gift cards, effectively giving you "rewards" upfront.

Final Thoughts: Is the Old Navy Credit Card Worth It for Gift Cards?

While the Old Navy Credit Card doesn’t directly reward gift card purchases, it’s still a solid choice for brand-loyal shoppers. If gift card rewards are a must, pairing it with a general cashback card can be a smart financial move—especially in today’s economy.

As consumer habits evolve, so do credit card strategies. Whether you’re stocking up on gift cards or hunting for the best discounts, understanding reward structures is key to making the most of your spending.