H&M Has a New Loyalty Program
If you're a lover of fashion at a great price and a master of maximization, you might just be interested in H&M's brand new two-tiered loyalty program. From here on out, you'll be able to earn every time you spend at H&M, and the program is all on an easy-to-use app. Here's how it works.
The basis of the program is pretty simple. Each dollar you spend at H&M online or in store will give you one point. Once you've racked up 200 points, you'll receive a $5 coupon. That means that one point is equal to 2.5 cents. The valuation's not to shabby, but the points system will be most valuable to those who already frequent H&M to begin with.
After 90 days, the coupons do expire, which means that you'll want to redeem them within the given timeframe. This is not the time to hoard. Points, however, are valid for 12 months following the membership start date.
The program currently has a welcome offer of 20% off the first purchase for those who register before May 29. Plus, H&M has partnered with Drybar to give 20% off any Drybar blowout or dry style service in the US for those who register before May 29 as well. Apparently, this won't be the last we'll see of the H&M and Drybar partnership. According to H&M's news release, "members should also lookout for special events featuring Drybar services at select H&M locations this fall."
The membership program also comes with a few other benefits, like a 25% off discount for your birthday, free online returns, member shopping events, digital receipts and other exclusive offers and discounts.
The program has two tiers. If you're able to accumulate 500 points, you'll become a Plus level member. At this tier, you'll get all of the regular member perks along with "free shipping and returns, unique experiences, surprise offers, and special access to limited collections."
To sign up for the program, either visit H&M's loyalty program page online or on H&M's app.
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app


