Chances are you know who Macy’s is but you are here to find out more about what they offer as far as Macy’s credit cards go. Well you have come to the right place because there article will pull back the curtain and give you a detailed look into what all the cards have to offer as well as listing the pros and cons that you will experience by being in the Macy’s credit cards program. After you are done reading you will have all the information you need to base your decision off of whether to go with a Macy’s card or not.
Macy’s Credit Cards – Different Card Choices
There are at total of 5 Macys credit cards to choose from. There are 4 in house credit cards which means that you can only use them in the store, and one card where you can use both in Macys as well as outside of Macys. Here is the list of Macys credit cards and what they have to offer.
- The first one in the Macys credit cards line up is the Red Card. This card is for people who intend to spend up to 499.00 dollars at Macys each year.
- The next card is the Gold card which is for people who are going to be spending between 500 to 999 dollars annually.
- The Platinum Card is the third option for customers and this card is dedicated to customers who are looking to spend 999 to 2499 a year.
- The last in house card out of the Macys credit cards options is their Elite Card which is geared towards the big spenders, with its range being anything above 2500 dollars per year.
- The last option is the Macys American Express Card which is both for in house purchases as well as outside of Macys purchases. It has two options which is the regular or the preffered card.
These are the Macys credit cards options that are at your avail. The next section will give you the postive and negative aspects of both the in house cards as well as their Mastercard.
Macy’s Credit Cards – PROS & CONS
IN HOUSE – PROS
- You will get 10 percent off pretty much everything your buy when buying online with your card.
- They have an easy to use online payment method that allows you to do all your credit card related services from the convenience of your home.
- They make it very easy to return merchandise for in house card holders.
- Free fraud liability.
IN HOUSE – CONS
- The in house Macys credit cards do not let their card holder receive rewards points when purchasing merchandise.
- Although these cards do offer you information on deals and sales before non card holders, Macys is known for their low prices already by all their shoppers whether they have a card or not, so these updates won’t really help you much.
- Their APR are insanely high. Their current APR on their cards are 24.99 pecent no matter what your credit score is. This percent in itself is basically what they charge for people who have bad credit scores.
Macy’s American Express Card – PROS
- The last card on the list of Macy’s credit cards, the Rewards Mastercard has no annual fee for as long your part of their credit card program.
- This card allows you to get award points towards with every purchase you make that can go towards buying items at Macys
- 10 percent off anything the first two days that you are enrolled in the credit card program.
- It has an intro APR rate of 0 percent.
- Free fraud liability for this card as well.
- You can return items without having to show them a receipt
CONS
- There are multiple restictions to the deals that are available, so the deals that are offered may not be exactly what they look like.
- The APR is high on this card as well being in the low to mid 20s in percentage.
- The rewards program is nothing to write home about as you only get 3 percent on purchases in Macys and a whopping one percent on any other purchases outside of Macys.
As you can tell, the Macys credit cards are pretty average at best. They offer pretty basic benefits and don’t really stand out when compared to other credit card plans. If you are contemplating whether you should get one of the Macys credit cards or not, there are definetely better options out there that offer you the chance to capitalize a lot more on both savings and rewards.
