Rebag launches Rebag+ membership program

U.S. luxury resale company Rebag announced on Thursday the launch of its new membership program, in a bid to allow customers to fund now and buy later while enjoying exclusive benefits.

At the core of the new program, dubbed Rebag+, is its conversion of 100% of membership contributions into R+ Credit, which can be used for future purchases. Additionally, Rebag+ members receive a 2% monthly bonus on their contributions, potentially generating up to 27% more credit within a year.

The New York-based company said the program is also flexible. Members have the freedom to skip monthly contributions, cancel their membership, or request a refund of their R+ Credit at any time. 

Furthermore, Rebag+ membership offers exclusive benefits, including up to 10% lower prices on all items, access to weekly new arrivals and sales, free shipping and returns, and the potential for up to 5% increased seller offers.

“We are thrilled to introduce Rebag+ as a testament to our commitment to providing the ultimate luxury resale experience,” said Rebag CEO and founder Charles Gorra. 

“By allowing our customers to fund now, buy later, we continue to invest in customer relationships and set new standards in the industry.”

Joining Rebag+ requires a minimum contribution of $50 per month or $500 annually. Founded in 2014, Rebag trades, buys, and sells luxury accessories items across handbags, fine jewelry, and watches, and more.