Just a quick heads up if you’re planning on taking advantage of the latest Belk gift card deal or are sitting on a bunch of cards from past sales. Belk is reportedly close to filing for bankruptcy protection, although it’s not certain yet as to whether that’ll happen.
In the short term this shouldn’t have any impact on the ability to use gift cards at their stores – this is bankruptcy protection with an aim to keep them in business rather than the liquidation and closure of the chain. However, if you’d managed to bypass limits on past sales and so are sitting on thousands of dollars of their gift cards, it might be worth considering trying to shift them more quickly, but that depends on your risk tolerance.
Now this explains the targeted offer of 2x rewards on the Belk MC, paid out as Belk Rewards.
Glad I didn’t fall for that bait!