cancel
Showing results for 
Search instead for 
Did you mean: 

Macy's Card Upgrade

Super Contributor

Macy's Card Upgrade

Did any one successfully got their Macy's Store card upgraded to Macy's Visa? If so what did it take for you to get it done? I tried last year got declined with a hard inq on EX. I am wondering if any of you had success in getting your store card upgraded to macy's visa card.
Message 1 of 10
9 REPLIES
Epic Contributor

Re: Macy's Card Upgrade

the guy I work with requested like 2 weeks ago and still has heard nothing...
Message 2 of 10
Valued Contributor

Re: Macy's Card Upgrade

Hi Concord

 

I might be 100% incorrect on this however, i think i have read here that the macy store card does not upgrade to a visa. It is a new tradeline on your report. You will have to apply for the card and it will be a hard inq. It is just like applying for another credit card.

 

I know macy's has levels that will upgrade (depending on how much you spend)  their store card but to a visa, it is entirely something different.

 

Anyone else know of this?

 

I am sure i have read this a couple of times.

Message 3 of 10
Valued Contributor

Re: Macy's Card Upgrade

Back in October or November of last year, Macys sent me a pre-approval thing in the mail for their VISA. CSR told me it would be separate from my regular Macys store account - a new account. They offered a 12.5k line.

 

I declined.

 

 

 

New York Yankees - 2009 World Series Champions. 27... and counting.....
Message 4 of 10
Epic Contributor

Re: Macy's Card Upgrade

yes Oracles you are right, the Macy's Visa is a 2nd tradeline from the Store Card and if you go back later and try to get it, it will be a new credit pull and approval or denial.
Message 5 of 10
Established Contributor

Re: Macy's Card Upgrade

Macys store card is provided by Department Store National Bank.

 

Macys Visa is provided by HSBC.

 

They are separate lines of credit and show separately on your CR.

 

There is no such thing as an upgrade to a Macys Visa card from the store card.


Starting Score: TU 737 EQ 721
Current Score: TU 741 EQ 741
Goal Score: TU 765 EQ 760


Take the FICO Fitness Challenge
Message 6 of 10
Epic Contributor

Re: Macy's Card Upgrade


Itsmeagain wrote:

Macys store card is provided by Department Store National Bank.

 

Macys Visa is provided by HSBC.

 

They are separate lines of credit and show separately on your CR.

 

There is no such thing as an upgrade to a Macys Visa card from the store card.


 

Macy's visa is part of Citi I believe, not HSBC
Message 7 of 10
Senior Contributor

Re: Macy's Card Upgrade


Itsmeagain wrote:

Macys store card is provided by Department Store National Bank.

 

Macys Visa is provided by HSBC.

 

They are separate lines of credit and show separately on your CR.

 

There is no such thing as an upgrade to a Macys Visa card from the store card.


 

if so *shivers* but i thought it was Citi.
DCU EQ 5.0, Citi EQ 08 Bankcard, PenFed EX NG2
EX 08: AFCU, Amex, Chase, PSECU EX 98(?)
TU 08: Barclays, Discover
Message 8 of 10
Valued Contributor

Re: Macy's Card Upgrade


score_building wrote:

Itsmeagain wrote:

Macys store card is provided by Department Store National Bank.

 

Macys Visa is provided by HSBC.

 

They are separate lines of credit and show separately on your CR.

 

There is no such thing as an upgrade to a Macys Visa card from the store card.


 

if so *shivers* but i thought it was Citi.

 

Info on Macy's website makes no mention of HSBC but does mention Citigroup.
_____________________________________________________________________________
It's never too late to become the person you might have been. ~George Eliot

02/12/09 EX: 701 / 02/08/10 EQ: 719 / 02/08/10 TU: 723

Backdoor Numbers, Credit Scoring 101, Understanding Your FICO Score PDF
Message 9 of 10
Regular Contributor

Re: Macy's Card Upgrade

DSNB (Department Stores National Bank), which issues Macy's Visa, is a subsidiary of Citigroup.

 

In November, I app'd while shopping at my local Macy's to get a 15% discount on my purchases. I was approved & received a store card a few weeks later. Then a Macy's Visa card with a $10K limit showed up in my mail in mid-January. I did not apply separately for this card, although it's possible that my November app covered both cards. 

Message 10 of 10