I work for Macy's, which is owned by the Federated, the same parent company as Bloomingdale's. Sometime in the last month or two Macy's changed their open an account savings. Now I believe it's 15% or 20% off your purchases for the first two days UP TO $100. I don't deal with the credit aspect of the company so I'm unsure of the specifics. Perhaps Bloomingdale's implemented a similar $100 cap?
There shouldn't be. A few TPF member bought their bags last week or so and still got the full 15%-20%. No cap.