Each time a cardholder moves up a tier, more benefits are released: Basicbenefits allottedto all members (Silver, Gold, & Platinum status): Star Money Days (earn points towards Star Money) 25% OFF (any one day you choose) Perks & offers (extra savings, event invites, etc.) No, neither the basic Macys store card nor the Macys American Express Card has an annual fee. Remember, your Star Rewards status (Silver, Gold or Platinum) has nothing to do with your credit score or which card you get, but rather your spending on these cards after you are approved. There are a couple of glaringly obvious drawbacks to the Macys card, especially if youre not a Platinum rewards member. Alternatively, the general consensus in regards to approval for the basic Macys card is having a fair credit score. Spending more than $1,200 unlocks the best rewards: Everything above, 12 annual Star Passes and 5% back. Lines of credit not available in all states. Similarly, if you dont have the American Express version of this card, youll only earn at Macys and cant utilize your card anywhere else. Another big con of these cards is the inflexibility of their rewards no matter which version you get, you can only utilize your hard-earned rewards at Macys stores, macys.com, and Macys Backstage. The information provided is for informational purposes only and should not be considered financial, tax or legal advice. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and prior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. Any and all options, reviews, comments and analyses are the responsibility of the author(s) and not any Advertiser or credit card issuer. The Macys Credit Card can only be used at Macys or on their website. Hi Jacqueline Yes, Macys does allow for authorized users to be added to a current cardholders account. However, the credit card information that we publish has been written by experts who know these products inside out, and what we recommend is what we would (or already) use ourselves. You must pay us even if you did not intend to be responsible for those charges. Always pay off your balance in full, on time, each month. My husband already has a Macys card, my question is As his wife can I get my own card on the same bill? This leads us into a discussion on some alternative rewards credit cards that could offer more bang for your buck than the Macys cards, depending on your spending habits. Opinions and recommendations are ours alone. Perks & offers (extra savings, event invites, etc. Can you use you star rewards to pay on your Macys credit statement? So be sure youre doing your research before you opt for this card! This site does not include all credit card companies or all available credit card offers that are on the market. While getting a 5% discount at Macys stores is generous, the problem is that you need to be a Platinum member ($1,200+ annual spend) to unlock this reward. What kind? Perks & offers (extra savings, event invites, etc. As you can see in the table above, cardholders can utilize this card anywhere Amex is accepted (vs. only at Macys stores), andit comes with TONS of additional benefits. Neither Macys nor American Express (or Citibank for that matter) cite the exact qualifications for this upgrade. Click the buttons below to navigate directly to that section. See our Advertiser Disclosurefor more details. Regardless of the Amex distinction, remember youre still just earning Star Rewards points, which can only be redeemed at Macys. My credit card mix is lacking an Amex and a Citi card. If the 1,000-point threshold is reached while shopping in store, a notice will print at the bottom of your receipt for that purchase. She caught the travel bug just after high school when her grandmother took her on a two-week, whirlwind trip around Europe. Email needed if you'd like comment updates. You must pay us for all charges made by authorized users. Please be advised that we are not American Express, we are Upgraded Points, a blog specializing in providing resources for travel and credit card points/miles. Hot Tip:Again its important to note,you mustpay with your actual Macys Credit Card. Within the Macys Star Rewards program, 1,000 points = $10 Star Money. However, what each card DOES carry is a pretty hefty APR. Your chances of a Macys Amex approval are improved (but not guaranteed) if your score is in the good range. The online portal also allows you to track your purchases and manage your account. Advertiser Disclosure: Many of the credit card offers that appear on this site are from credit card companies from which we receive compensation. While it may seem like this is a very lucrative bonus structure (since it earns you category bonuses like many other popular rewards credit cards), the flexibility just isnt there in terms of rewards. Apply for a Macys Credit Card in store or online. At 27.49%, cardholders can get buried in fees/penalties pretty quickly if they carry a balance in their account. Based on your credit history, the APR (which is the same as your interest rate) will be between 7.90% - 29.99% per year. After that, youll receive benefits depending on what status level you reach. I am thinking I will never see this reward. Upgraded Points, LLC uses reasonable efforts to maintain accurate information on the site and p. rior to applying for any credit card offers found on UpgradedPoints.com, all visitors should review other features of such credit cards including but not limited to interest rates, annual fees and transaction fees, and should determine the suitability of such credit cards considering their own individual financial position. 5Tally+ Member Discount Tally+ Member Discount: With Tally+ you get discount credits applied to your Tally principal balance each month effectively lowering your annual interest. Tally is the fastest and easiest way to eliminate credit card debt. I also have a Macys card. 20% off your purchase of $50 or more). Click here to see a list of advertisers that we work with. It unlocks special discounts and promotions that will either give you additional incentive to shop there or save you money, if you already frequent Macys. The fastest way to have your question answered would be to call the number on the back of your card. Does Macys give me a soft landing down to gold status next year, or do I go straight back to silver? Online management allows users quite a few options in regards to theiraccount: As an alternative to online management, many cardholders may opt for utilizing Macys mobile app (Apple, Android). You have a number of options when paying your Macys credit card: in-storeat any Macys register, online (you can also enroll in autopay), via the Macys mobile app, by mail, or by phone. Hot Tip: To receive any of the above offers, Star Rewards Members must not have opted-out of any of Macys promotional marketing. 2Can save $4,185 in 5 years with Tally+ We calculated the savings estimates in March, 2021 based on Tallys records for borrowers who enrolled in Tally from November 2018 through October 2020. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. So be sure you read your terms and conditions carefully. If you'd like to add a comment to this article and share your valuable feedback and opinions, please click here to leave your comment. If you have never utilized this online account management option before, you must first create an account. So why doesnt everyone just get the Amex card? Instead, consider these cash-back credit cards that come with generous welcome bonuses and have a 0% introductory APR for 15 months: Alternatively, if you love to travel (or simply want to travel more), the Chase Sapphire Preferred Cardis widely known as one ofthebest travel rewards cards on the market. The Macys credit cards (both the basic store card and the American Express card) are issued by Citibank. With your card, if youre a Silver or Gold Star Rewards program member, you will only earn points toward Star Money (1,000 points = $10) on Star Money Days. At times, Macys will host Star Money Days on top of other storewide sales (i.e. There are MANY other retailers that offer their customers/cardholders rewards on each and every purchase that they make through the store as a type of loyalty reward. This only applies to the primary cardholder on the account, the value may vary, and a purchase may be required (i.e. Youll also notice that American Express cardholders also enjoy the opportunity to reap travel benefits and entertainment access.. Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. Hi Judith. Featured Image Credit:BravoKiloVideo/Shutterstock.com. Is it a good idea, or should I go a different route? If youre at Silver or Gold status in the Star Rewards program, you cant earn points outside of Star Money Days. And like the Macys basic card, those who qualify for the Macys American Express Card are automatically enrolled in the rewards program at Silver Status (again, more on status progression, benefit differences, etc. As always, there are some exceptions to the discount: you cant use it on gift cards, gourmet food and wine, Apple products, smart watches, jewelry, etc. Additionally, the reward can be viewed in your macys.com wallet (more about that in the Account Management section below). Hi! (See the Fees & Drawbacks section above for more details.). In terms of entertainment benefits, the same FAQ states: Your Card allows you to purchase tickets to certain events before (and after) they go on sale to the general public [including]access to advance tickets to concerts, Broadway shows, sporting events, etc.. The APR will vary with the market based on the Prime Rate. For more information on our advertisers, see here. Birthday surprise:If your account is in good standing and you have made at least 1 purchase with your Macys card in the last calendar year, you should receive a special Birthday Surprise during your birthday month. In addition, as an Amazon Associate we earn from qualifying purchases. Even though Macys is a department store with a pretty comprehensive merchandise selection, you dont get as much freedom in regards to utilizing your rewards, especially when restrictions apply. An important note about this discount is that its only available for applicants who are immediately approved for the Macys card. Whats important to remember is that the perks youre getting arent directly tied to the credit card itself, but the combination of the card and your Star Rewards status (Silver, Gold, Platinum). Cardholders can find more information on Star Money Days, such as upcoming dates and offer details, atmacys.com/starmoney. The free shipping offer is applicable when orders are shipped to 1 location in the continental U.S. Of course, there are exceptions on larger items like mattresses, furniture, rugs, etc. Bottom Line: For all of our recommendations, check out our guide to the best credit cards to use at department stores. 20% off your purchase of $50 or more). Macys hosts several Star Money Day events throughout the year where Star rewards members can earn points (or bonus points if youre a Platinum member) toward Star Money. Or does it not show an option for a cash advance at all? Its restrictive. While brick-and-mortar department stores worldwide have taken a hit with the growth of online shopping, its clear that Macys has plans to stick around. Hey Annette, we recommend reaching out to Macys directly to inquire on your points earning. Whether youre making a purchase in-store or online, after putting in your payment information, you can apply any available Star Money funds from the payment screen. By submitting your email, you accept Tally's Terms & Conditions, Privacy Policy, and Privacy Disclosure. At the Silver Level ($0-$499.99 annually), youll get three Star Passes (25% off for a day), a birthday surprise and other unspecified offers. Lastly, if youre interested in an American Express card and have the credit score to be approved for one, there are likely MUCH better options out there in terms of perks and rewards. Remember, when you open a Macys credit card, youre automatically placed at Silver member status. RESPECTIVE PERKS FOR EACH STATUS ABOVE, PLUS: Use anywhere American Express is accepted, Your Card allows you to purchase tickets to certain events before (and after) they go on sale to the general public [including], access to advance tickets to concerts, Broadway shows, sporting events, etc., Perks & offers (extra savings, event invites, etc.). I have platinum status but didnt spend much this year. Its mostly utilized for online orders, but may be applied to in-store items that are not stocked at a particular location. How to Earn Points)How Rewards Are IssuedUsing Your RewardsManaging Your RewardsAdditional Cardholder BenefitsFees & Drawbacks of the Macys CardAlternative Rewards Credit Cards (Our Recommendations)Applying for the Macys CardsLogin & Online (or App-Based) Account ManagementOnline ManagementApp-Based ManagementFinal Thoughts. That depends on which Macys card youre hoping to get approved for. Spend $500-$1,199.99, and youll get everything you get at the Silver Level, plus three more Star Passes and free shipping. The travel benefits include air, hotel, car, cruise, and vacation benefits. Macys also has an American Express version of their credit card thats issued by Citibank as well. Perks & offers (extra savings, event invites, etc. On Star Rewards days, Platinum members earn extra bonus points on top of their 5% everyday benefit. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Disclaimer:Upgraded Points, LLC and its website, UpgradedPoints.com, provides information on credit cards, reward programs, travel information and ancillary information concerning travel and credit cards. If you want a multitude of redemption options, look for a more general rewards-based credit card that offers the flexibility of cash-back or points (especially if they can transfer). American Express FAQstates: Enjoy exceptional value and extraordinary service while taking advantage of competitive rates and/or complimentary amenities from thousands of leadings hotels, major airlines, cruise lines, and car rental partners around the world. This means 5 points to every $1 spent, every day no waiting for Star Money Days to earn points. This is even the case with regards to the 3-2-1 earnings program associated with the Macys American Express Card. ): At times, Macys may send cardholders special perks and offers when they utilize their Macys Card and Star Rewards program. We take your comments very seriously as they really help us to improve the site. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The Macys Credit Card is powered by Citibank, and you can now apply for the card online. Alternatively, if youre making a purchase online, your points wont be awarded until the item(s) actually ship. a card that has no foreign transaction fees. Business Credit Cards for Advertising Purchases, Business Credit Cards for Shipping Purchases, Top Reasons to Get a Business Credit Card, How to Apply For a Small Business Credit Card, Maximize Rewards From Your Business Purchases, Comparing Top 3 Chase Business Credit Cards, Tourist Visa Requirements for U.S. Citizens, How to Cancel an American Airlines Flight, TSA PreCheck Everything You Need to Know, Chicago OHare International Airport [ORD], Best Websites for Booking Affordable Hotels, Best Hilton Luxury Hotels to Book With Points, Guide to Hotel Status Matches and Challenges, Best Marriott Luxury Hotels to Book With Points, Best Ways to Redeem Marriott Points for Hotels, Best IHG Luxury Hotels to Book With Points, Marriott Bonvoy Hotel Loyalty Program Review, Star Money Days (a.k.a. If the applicant is not approved for this version, they are then considered for the basic Macys store card. 2022 Upgraded Points, LLC. You can only use a Macys Credit Card in a Macys store or on their website. If you have a basic Macys Credit Card, it can only be used at Macys, macys.com, and Macys Backstage. According to Macys website, you should have received the rewards in February. Annual fees range from $0 - $300. Just the name Macys conjures up visions of upbeat ads for clothing and household wares, and memories of Thanksgivings spent watching massive floats parade through the streets of New York City. With Tally, you can keep using Macys Credit Card without worrying about high interest rates or late fees.Tally is not affiliated with Macys or Macys Credit Card. But like most store cards, it should be paid in full every month as it carries a significant APR. With this card, youll earn 1pt/$1 spent at Macys stores and outside of Macys, plus 2pts/$1 spent on ALL dining and travel purchases, which are very broad categories! Always act as a responsible cardholder. You can find more FAQ related to this type of upgradehere. That way, youre not disappointed when you dont get the rewards you think youre owed! Any and all options, reviews, comments and analyses are the responsibility of the author(s) and not any Advertiser or credit card issuer. This significantly limits your ability to diversify your rewards and spend them however you want. For each borrower we used: (a) their average APR weighted by their initial credit card balances and APRs; (b) an average monthly payment of 3% of their credit card balance(s); and (c) average monthly credit card transactions of 0.8% of their credit card balance(s). Accounts that are upgraded will remain at that level for the remainder of the current calendar year as well as the next full calendar year.. We compared the total daily interest that would have accrued with and without Tally based on the difference between their credit card APR and the APR for their Tally line of credit. This only applies to the primary cardholder on the account, the value may vary, and a purchase may be required (i.e. Your credit mix is based on having different types of credit extended to you, like mortgages, auto loans, and credit cards. When you open a Macys Credit Card, youre automatically enrolled in their Star Rewards program at the Silver level status. We assumed the borrower received Tally+ discount credit every month. Otherwise, with Silver or Gold status, youll only earn points on specific days vs. everyday (a benefit many other rewards-based credit cards would offer). Even mattresses and furniture apply if you purchase them in-store! Tally+ members who pay at least the Tally minimum on time each month receive the discount. We believe in separating the burden of credit cards from the benefits. 3Individual Savings Claims We calculated each customers interest savings based on payments Tally made on their behalf to their credit cards with a higher APR than their Tally line of credit. (If APR is important to you, consider a credit card that has 0% introductory APR offers.). Prospective cardholders can submit an application for a Macys credit card either in-store or online. $5 or 4% of each cash advance (whichever is greater), Silver (your automatic placement as a Macys cardholder). When will I receive my new card? You read that right: Star Money days are the only times that Star Rewards Silver and Gold members can earn points. Editorial Disclosure:The content featured on UpgradedPoints.com has not been influenced, provided, or reviewed by the credit card companies mentioned. Contact customer service over the phone at 1-888-257-6757, or online. So how do you do that? This site does not include all credit card companies or all available credit card offers. As stated in the table (and image) above, Macys Amex cardholders have the ability to earn 3% rewards back at restaurants, 2% at gas stations and supermarkets, and 1% everywhere else outside of Macys. Macys will not answer their phone or receive emails. We may be compensated when you click on links from one or more of our advertising partners. It also doesnt have an annual fee, but charges a standard late fee (up to $38), as well as returned payment fee (up to $38). The benefits a cardholder receives are directly related to cardholder status level; well talk more about that below. 1Up To 2x Faster with Tally+ 50% of Tally+ members can get out of debt about 3 years, or 41%, faster with Tally+. This perk applies to Gold and Platinum members only. Similarly, once a cardmember spends $1,200+, they will be upgraded to Platinum status within 30 days. I thought about the Macys card as the one to take care of both issues at once. While Macys is a large department store with a wide variety of merchandise, youre still pretty limited in your redemption options. But having credit cards from different issuers does not necessarily help your credit mix per se. I have spent over the amount to get points, but Im not receiving my points. The applicant is first considered for the American Express version of the card, which usually requires a good to excellent credit score. Like most store credit cards, the Macys Credit Card comes with an APR at 27.49%. Table of contentsThe Macys Cards at a GlanceMacys Credit CardsMacys American ExpressCardsStar Rewards (In-Depth)Status Tiers & ProgressionStar Money Days (a.k.a. Keep reading to find out why. Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. Interestingly, Macys reports the following updates to the program to be instated as of January 2019: Starting in January 2019 and every January thereafter, Net Qualifying Purchases in the previous full calendar year will be used to calculate your Account Status for the next year. Once a cardmember spends $500+ on their Macys card, they will be upgraded within 30 days to Gold status. Actual savings will vary based on factors such as each users credit card APRs, the total payments made, and additional credit card charges. best credit cards to use at department stores. That being said, you do receive additional benefits simply from qualifying for the American Express version of this card namely, the 3-2-1 out-of-store rewards). Hi. Well present additional information on viewing/managing your rewards account in the Login & Online (Or App-Based) Account Management section below. Hi Mark. Just wondering why? When making a purchase, your Star Money will essentially be redeemed like a gift card. pay with your actual Macys Credit Card. 5% back EVERY DAY (no merchandise exclusions):As mentioned above, this perk applies ONLY to Platinum members. The Macys credit cards and Star Rewards Program is quite convoluted in its structure, but once you break everything down it becomes easier to understand. Youll first be considered for the American Express version (which usually requires a pretty excellent credit score), and if you dont qualify are then considered for the standard Macys Credit Card. As far as I know, Macys does not offer soft landings within its program. 25% OFF (any one day you choose):The terms and conditions dont say much about this, except your 25% off any 1 day you choose happens via a Star Pass coupon. Hot Tip: Silver and Gold members CANNOT earn points on everyday Macys purchases they only earn points on Star Money Days. Like many other department stores, these plans include customer loyalty recognition by way of sales and more importantly for the sake of this article, a rewards program tightly knit to a Macys credit card. I have the macys amex cc but on my bill it doesnt show a limit for cash advance. Hot Tip:For additional details on status, progression, and card benefitswithin Star Rewards, jump to the next section on Star Rewards (In-Depth)., Use anywhere American Express is accepted 3% rewards at restaurants 2% rewards at supermarkets 2% rewards at gas stations 1% rewards everywhere else. Youll also note that if youre utilizing the Macys American Express Card, youll see fees attached for cash advances (always a poor idea with a credit card like this) and for foreign transaction fees. So you should just apply for whatever credit card you think will be the most useful to you. Your Macys Star Money is valid for 30 days from the date of issue. In this case, cardholders are awarded 5% back on all Macys purchases, on any day. Privacy PolicyTerms & ConditionsAccessibility. This applies at Macys stores as well as macys.com and Macys Backstage. If your account is in good standing and you have made at least 1 purchase with your Macys card in the last calendar year, you should receive a special Birthday Surprise during your birthday month. 7 Average Tally member line of creditAPR(14.99%)and credit card APR's(22%)calculated in May 2022 for member accounts active during January 1, 2021 - March 1, 2022, Lines of credit not available in all states. And the more you shop there, the better benefits youll get. In general, this card could be beneficial to you as a shopper if youre pretty loyal to Macys and you plan on reaching the Platinum Star Rewards Status. Remember, restrictions always apply.