Credit is your account showing how many accumulated Gilt merchandise and promotional credits you’ve acquired. Merchandise credit is applied when you opt to return an item for merchandise credit instead of your original form of payment. Gilt gift cards also show up as merchandise credit in your account. Merchandise credits do not expire unless required by state law after a specified period of time. Promotional credits include short-term promotional credits or marketing credits that are applied when you take advantage of a promotion. Promotional credits are subject to expiration up to 18 months from issuance. See additional information on Promotional Credits here.