Macy's-Got My !st Statement...But Where's the Card?

[Credit-hoarder]

This is strange. I just received my very first statement from Macy's for the account I opened on the 14th of this month and charged a couple items that same day to get my 20% discount, but the card hasnt shown up yet! Hopefully I'll have it in my hands by this Saturday. Anyone else ever get their 1st statemnt before getting the card?

[FinStar]

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@Credit-hoarder wrote:

This is strange. I just received my very first statement from Macy's for the account I opened on the 14th of this month and charged a couple items that same day to get my 20% discount, but the card hasnt shown up yet! Hopefully I'll have it in my hands by this Saturday. Anyone else ever get their 1st statemnt before getting the card?

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Yup, nothing strange.  Sometimes that just happens depending on when the account cycles.  Typically, depending on the purchase amount and unless I'm uncertain on when the statement would generate, I PIF right then and there.  Otherwise, if it's a miniscule balance, then it's really a non-issue.  I'm pretty sure the card is on its way, albeit pony express.  Plastics are sent from a separate location than where your paper statement generates.

[sunkissed]

The same thing happened with me last month. I applied in the store, made a purchase and received my first statement before the card arrived. I received my card about 9 days after I opened my account.Thankfully I wasn't in a hurry.

[09Lexie]

My statement came with a zero balance after three days after I opened the card. Cc came about ten days later.

[Credit-hoarder]

Well I'm glad the statement cut with a balance. It's already reporting on Experian. Not sure if I'm going to PIF  or let some of it carry over yet..

[09Lexie]

Any reason why you want to carry a balance?

[Credit-hoarder]

Not really. I don't plan on app-ing for anything for a while. So I should pay in full? Would that look better (PIF) in a few mos. when I try to upgrade to the AMEX version?

[09Lexie]

There's no reason to pay interest if you can afford to PIF -PIF.

[RushXTC]

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@Credit-hoarder wrote:

Not really. I don't plan on app-ing for anything for a while. So I should pay in full? Would that look better (PIF) in a few mos. when I try to upgrade to the AMEX version?

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The problem with Macy's, Is if you carry a balance so it cuts in the statement, Then you pay it off 2 days later, You'll have to pay the interest for those 2 days in the next statement. I nearly missed a $2.00 payment because of this, If it wasn't for me checking all my credit account debts, I would have. Just make sure if you do carry a balance, Check your balance every other week or so to make sure.

[Credit-hoarder]

It's only $48 (balance) so I'll prob. just PIF. Just a heads up: They're already reporting with a balance on EQ also. Just got the Score-Watch alert a little while ago. But my score didn't change-thank goodness-it didn't go DOWN at least.