J.Crew Email: A special offer... for a limited time

"Thanks!" to Audrey & Marietta who shared with us J.Crew's latest email.

The email announces their latest offer to get 20% off your first purchase when you open a J.Crew credit card. This offer expires 10/25/09. To apply online, click here.

There are several stated benefits associated with the card:

• $25 Rewards Card for every $500 you spend
• Lookbooks featuring their favorite pieces
  (and how to wear them)
• Prioritized status when receiving monthly catalogs
  
• Cardmember-only invitations to private sales
• Advanced notification of the biggest sale each season
  
• Early access to select items
• Complimentary standard alterations
  (does not apply to Factory stores)
• Personal shopping (they'll even open early or stay late to suit your schedule)
• Access to the Cardmember-only priority number, so you'll never have to wait in line
  

The benefits & drawbacks of this card have been discussed quite a few times on this blog. From the comments, it sounds like it would be worthwhile to get the card (& the Rewards Card) if one does not carry a balance. Otherwise, the interest rates and lack of follow through on said "perks" (e.g. some cardmembers mention not getting the catalog early, not getting the Look Book at all) are not that attractive.