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Macy's Accounts Merger

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Anonymous
Not applicable

Macy's Accounts Merger

 

I called into Macy's today to try to get answers about the accounts merger.  Below is what I was told from account specialist and the lady said WOW when she told me what my new CL would be.

 

 

All of my lines will be combined, including Major Purchase account.  (hmmm)

Haven't used my Club, Special Events or Major Purchase yet, but was told I didn't need to since they were still pretty new.  (hmmm again)

My new CL will be $14,600 and will be on my Macy's Amex only.  No more store card.  This CL can be used without separation.

I will have only ONE acct number.

I will have only ONE credit limit.

Everyone will have different merger dates according to how long you've been a Macy's cardholder.

 

I still haven't received a letter in the mail.  I guess we'll see what actually happens.  Hopefully this is true. 

On another note, GREAT news from Pizza1 about the TD Bank information concerning Nordstrom!  WHEW!!

 

Message 1 of 6
5 REPLIES 5
MissMoni223
Senior Contributor

Re: Macy's Accounts Merger

This sounds very favorable. I too haven't used either my Club Account nor my Special Events account. They were opened at the end of May 2015. I've been a Macy's cardholder since June 2013 & haven't received a letter yet. I'm waiting patiently to see exactly how thing unfold. Smiley Happy

Gardening Until Further Notice
15 Credit Cards (12 Major Banks & 3 Store Cards)
Message 2 of 6
orestrus
Frequent Contributor

Re: Macy's Accounts Merger

Still differentstories, confusing answears. All i can say i wow
BofA 5k, Cap 1 Journey 300, Cap 1 QS1 300, Walmart 6k,
Amex BCE 2000, Amex PRG, Amex Delta Gold 2k, Macy's 5k, Bloomies 6k, Amazon 6k, JCP 5k Macy's Amex 1.5k,
Message 3 of 6
SunriseEarth
Moderator Emeritus

Re: Macy's Accounts Merger


@Anonymous wrote:

 

I called into Macy's today to try to get answers about the accounts merger.  Below is what I was told from account specialist and the lady said WOW when she told me what my new CL would be.

 

 

All of my lines will be combined, including Major Purchase account.  (hmmm)

Haven't used my Club, Special Events or Major Purchase yet, but was told I didn't need to since they were still pretty new.  (hmmm again)

My new CL will be $14,600 and will be on my Macy's Amex only.  No more store card.  This CL can be used without separation.

I will have only ONE acct number.

I will have only ONE credit limit.

Everyone will have different merger dates according to how long you've been a Macy's cardholder.

 

I still haven't received a letter in the mail.  I guess we'll see what actually happens.  Hopefully this is true. 

On another note, GREAT news from Pizza1 about the TD Bank information concerning Nordstrom!  WHEW!!

 


That's different than what we've been hearing.   Others have said that all in-store lines will combine and AMEX would remain separate.   Personally, I'd be very happy if they all rolled together.



Start: 619 (TU08, 9/2013) | Current: 809 (TU08, 3/05/24)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Discover IT $46000 | Disney Premier VS $43600 | Venmo VS $30000 | NFCU More Rewards AMEX $25000 | Macy's AMEX $25000 Store $25000 | Cash+ VS $25000 | Altitude Go VS $25000 | Synchrony Premier $24,200 | Sony Card VS $23750 | GS Apple Card WEMC $22000 | WF Active Cash VS $18,000 | Jared Gold Card $16000 | FNBO Evergreen VS $15000 | Citi Custom Cash MC $14600 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Amazon VS $12000 | Freedom Flex WEMC $10000 | Belk MC $10000 | Wayfair MC $4500 ~~
Message 4 of 6
mxp114
Valued Contributor

Re: Macy's Accounts Merger

It's such a headache, every post and chat and rep seems to have a different story on what's gonna happen. Maybe no one knows? lol I just want to know about AmEx, I want AmEx if it will merge into one but not if a new opening date. Does anyone with an existing AmEx have a letter they can post?

Message 5 of 6
Anonymous
Not applicable

Re: Macy's Accounts Merger


@ey mxp114 wrote:

It's such a headache, every post and chat and rep seems to have a different story on what's gonna happen. Maybe no one knows? lol I just want to know about AmEx, I want AmEx if it will merge into one but not if a new opening date. Does anyone with an existing AmEx have a letter they can post?


I do!  I received my letter today.  After reading over it thoroughly again and again in bite sized chunks, LOL, it appears that all they are doing is closing all the extra accounts to make it simpler by having only one account per customer, so if you have the revolving, amex, club, special events, and/or major purchase, they will all be merged into one account.  If you have the Macy's Amex, like I do, then it specifically said that I would ONLY have the Amex card to deal with now.  No separate bills, no separate accounts.  If you have just the store card the same applies.  You'll only have one account/card to deal with.  ALL accounts have to be in good standing too.  They will still offer specials and deals just like they do now it just won't be a separate line of credit.  Smiley Happy

 

EDIT:  And the talk on the forum about balances, that's only if you have current balances on any of those separate lines of credit that those will roll over into the ONE card so you'll only have ONE payment/due date to deal with.  Not several different ones.

Message 6 of 6
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