*Offer valid on markdown merchandise only. Valid July 3, 2008 through July 6, 2008 at 11:59 PM (ET) only at Banana Republic participating stores in Los Angeles, CA and Phoenix, AZ. Offer not valid at bananarepublic.com and Banana Republic Factory Stores. Qualifying amount applies to merchandise only. GiftCard purchases, online gift certificates, packaging, taxes, shipping & handling, and payment of a Banana Republic account do not count toward the qualifying amount. Not valid for cash. No adjustment on previous purchases. Offer is nontransferable without consent from Banana Republic. Cannot be combined with any other offers and is valid in the US only. Gap Inc. employees are not eligible for this offer. If you have any questions, please call 1-888-BR-STYLE or email us at custserv@bananarepublic.com. Excludes Monogram.