Review of Macy's Credit Card (2022)


Susan Kelly

Mar 02, 2022

Macy's has been a mainstay of the department store industry for over 150 years and is headquartered in New York, New York (and the Thanksgiving Day Parade).

Herald Square is the chain's largest shop and one of the world's most significant, with over 700 locations nationwide. The Macy's Credit Card may be used to earn points on purchases made in-store, on, or at Macy's Backstage, making it ideal for die-hard Macy's customers.

Macy's Credit Card

When it comes to credit cards, Macy's gives its consumers two choices: the Macy's credit card or the Macy's American Express card. Only Macy's and Macy's Backstage stores and online accept Macy's credit cards; Bloomingdale's does not.

The Macy's American Express card can be used at any American Express-accepting establishment. A credit card application can be made online or in-person at a Macy's location.

Rewards &'' Benefits for Macy's Cards

In 2017, Macy's launched its Star Rewards program for customers. With the addition of a third level (Platinum) of perks, cardholders now have three options depending on how much they spend each year.

In the first year, Macy's believes that its improvements have resulted in a 10% increase in spending by those in the highest platinum tier.

· Silver

Customers who spend up to $499 annually can use Star Pass coupons issued to card members to receive 25% off a purchase on any day of their choosing.

· Gold

Customers who make yearly purchases ranging from $500 to $1,199 are eligible for this category. Star Pass coupons, which can be used on any day of the week, May save them up to 25% off their order, with free delivery included (no minimum requirement).

· Platinum

This is the top tier and is only open to clients who spend $1,200 or more each year at Macy's shops. All the benefits of the silver and gold tiers are available to these clients, and a 5% incentive for every transaction.

Platinum cards are platinum in hue, unlike the retailer's red-colored Silver and Gold cards. The Silver tier is reserved for new accounts. After seven days, if you haven't returned the purchases that qualify you for the next tier, you'll automatically be promoted.

· Other Macy's Cards and Benefits

In addition to qualifying the user for the silver, gold, and platinum tiers at Macy's, the Macy's American Express card offers additional perks.

Outside of Macy's, the 3-2-1 rule applies: Restaurants, meal delivery, groceries, and petrol stations are all eligible for 3 percent back in rewards, 2 percent back in rewards, and 1 percent back for all other transactions. 5

More than three million people joined Macy's loyalty program when the retailer introduced a gender-neutral option in 2018. Using this option, shoppers may join the reward program even if they don't have a Macy's credit card or pay in any other way except cash.

Pros at Using a Macy's Charge Card

· Generally Recognized

Where American Express is accepted, Macy's credit card can be used. So, you may use it for everyday purchases, and they don't have to come from Macy's at all.

This is a good alternative for people who desire a Macy's rewards card and buy at other places.

· Thanks for Rewarding

In exchange for using their American Express cards, Macy's American Express members would save money on specific transactions.

It is a yearly fee of $25, but you save 10% on selected products. To find out which purchases are qualified, go to Macy's website.

· Passes to the Stars

Every year, Macy's distributes free Star Passes to customers who pay using their Macy's credit cards. Depending on your annual Macy's spending, you'll receive three, six, or twelve coupons.

There is no fixed price for these passes, and the discount is random. You'll get a discount of either a dollar or a percentage.

· Credit Requirements Reduced

Macy's credit card requires a somewhat lower credit score than other credit cards. Most of the cardholders have credit scores of at least 650.

On the other hand, several consumers have stated that they were approved for the card with a fair credit score or below.

Your interest rate will be affected by this. As a result, working to raise your score from a decent one to an excellent one is a smart move.

· Additional Advantages

An American Express credit card has been added to the privileges for Macy's credit cards. For every dollar you spend outside of Macy's, you'll gain three points on your card. Every dollar spent at a petrol station earns you two additional points toward your overall goal.

Macy's will give you one point for each dollar spent on specific goods. Shopping at any of the Macy's partner stores will also get you savings.

Macy's Credit Card Cons

· High Annual Percentage Rate

The APR on the Macy's card reflects its status as a rewards card. The APR is between 24% and 26% on Macy's credit cards. Assuming you have a debt, the interest you accrue from month to month can soon mount.

If you have a good credit rating, you may be eligible for a lower interest rate. However, the price will still be more significant due to the benefits.

· Rewards are Limited

Getting points is as simple as remembering to add your Macy's credit card to plenty. You'll get $10 in incentives for every 1,000 plenty points you earn.

But you may only use them at Macy's or one of their partner stores, whether in-store or online. Exxon Mobile, Rite Aid, Chili's, and Expedia are just a handful of the companies signed on as partners.

· Fees

A late payment fee of up to $38 may be assessed if you are late with a payment. Each time you fail to make a payment, this will be deducted from your account balance.

Foreign transaction fees and cash advance fees vary from card to card. You may quickly rack up a lot of money if you're constantly on the go.


Special for You

Privacy Policy | Terms of Use

Copyright 2019 - 2023

Contact us at : [email protected]