What is Macy's Credit Card?
Macy's credit card is a store credit card that is issued by Macy's, one of the largest retail chains in the United States. The credit card offers a range of benefits that are designed to help customers save money on their purchases at Macy's stores and online.
One of the key benefits of the Macy's credit card is that it offers exclusive discounts and savings on purchases made at Macy's. Customers who use the card receive special offers, coupons, and discounts throughout the year, which can help them save money on their purchases.
Another benefit of the Macy's credit card is that it offers rewards points for every purchase made with the card. Customers earn points that can be redeemed for discounts and savings on future purchases. The more points a customer earns, the more money they can save on their purchases at Macy's.
The Macy's credit card also comes with other perks, such as free shipping on online purchases, and access to exclusive events and sales. Customers also receive birthday surprises and other special offers throughout the year.
While the Macy's credit card offers many benefits, it's important to note that it comes with an interest rate that can be higher than a regular credit card. Customers should be mindful of this and only use the card if they have the means to pay off their balances in full each month.
In conclusion, the Macy's credit card is a great option for customers who frequently shop at Macy's and want to save money on their purchases. The card offers exclusive discounts, rewards points, and other perks that can help customers save money and get more out of their shopping experience. However, customers should also be aware of the interest rate and use the card wisely to avoid accumulating debt.
Frequently Asked Questions about macy's credit card
The Macy's Credit Card is a store card, which means you can only use it at Macy's properties. If you prefer a full-use credit card to use on spending outside of Macy's, there is a Macy's American Express Card, which offers 1% to 3% back on purchases at gas stations, supermarkets, restaurants and more.
Highlights
- No annual fee.
- Up to 5 points per dollar spent at Macy's on your Macy's card, must spend $1,200 or more at Macy's annually.
- Gold status members can earn 3 points per dollar (required spend is between $500 and $1,199 at Macy's annually).
A big drawback to the Macy's Credit Card is how rewards work. Points are only redeemable for a Star Money reward (a Macy's gift card). Most store credit cards are like this, but it's still a disadvantage compared to top credit cards that earn more versatile rewards, such as cash back.
Editor's Review
The Macy's Store Credit Card is a good card for people with fair credit or better who want to save on Macy's purchases. The Macy's Store Card has a $0 annual fee, gives new cardholders up to $100 off their first purchases, and rewards all Macy's spending with 2-5% back.
You will need a credit score of 640+ to get it. This means that the Macy's Store Card requires fair credit, which is on par with what most store cards require. Keep in mind, though, that your credit score isn't the only thing the issuer takes into account while considering your application.
Department Stores National Bank
Department Stores National Bank (“DSNB”) is the issuer of the Macy's Store Card. For each account with a balance, a minimum payment will be required and you may incur a late fee if you fail to make any required minimum payment on time. The Macy's Store Card may only be used to make purchases at Macy's and macys.com.
The starting credit limit for Macy's Credit Card can be anywhere between $300 to $1,900, according to online cardholder reports. But it will depend entirely on the specifics of your credit and your overall financial situation. So, the better your credit is, the higher you can expect your spending limit to be.
The starting credit limit for Macy's Credit Card can be anywhere between $300 to $1,900, according to online cardholder reports. But it will depend entirely on the specifics of your credit and your overall financial situation. So, the better your credit is, the higher you can expect your spending limit to be.
700 or better
The credit score you need for the Macy's Credit Card is 700 or better. That means people with at least good credit have a shot at getting approved for this card. The Macy's Store Card, however, has more lenient requirements.
Easiest credit cards to get
- Best for no annual fee: Citi® Double Cash Card.
- Best for cash back: U.S. Bank Cash+® Visa® Secured Card.
- Best for students: Discover it® Student Cash Back.
- Best for no credit: Petal® 2 “Cash Back, No Fees” Visa® Credit Card.
- Best secured card: Discover it® Secured Credit Card.
The highest level Macy's credit card is the Macy's American Express Credit Card, especially when paired with the Platinum tier of the Macy's Star Rewards loyalty program.
The Macy's American Express Card program is issued and administered by Citibank, N.A. American Express is a federally registered service mark of American Express and is used by Citibank, N.A. pursuant to a license.
The Macy's Credit Card requirements for approval include having a credit score of at least 700 (good credit), and enough income to make monthly minimum payments. Plus, applicants must be at least 18 years old with a valid Social Security number. They must also have a physical U.S. address.
On our list, the card with the highest reported limit is the Chase Sapphire Preferred® Card, which some say offers a $100,000 limit. We've also seen an advertised maximum credit limit of $100,000 on the First Tech Odyssey Rewards™ World Elite Mastercard®, a credit union rewards card.
The bottom line: In terms of the number of credit cards you can get, there is no maximum. A particular issuer might cap the amount of credit you can have, but the number of cards isn't a problem.
On our list, the card with the highest reported limit is the Chase Sapphire Preferred® Card, which some say offers a $100,000 limit. We've also seen an advertised maximum credit limit of $100,000 on the First Tech Odyssey Rewards™ World Elite Mastercard®, a credit union rewards card.
