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Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

Senior Contributor

Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100331005789&ne...

 

“We are excited to be able to bring the benefits of this American Express partnership to Macy’s and Bloomingdale’s customers,” said Tom Cole, Macy’s chief administrative officer. “The new co-branded American Express cards will continue to support the Macy’s Star Rewards and Bloomingdale’s Insider loyalty programs. We expect a smooth transition for our customers without interruption to their shopping experience.”

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Message 1 of 12
11 REPLIES
Established Contributor

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

Okay, Macy's is partnering with City Bank, to issue an American Express credit card.  But my BBRC is currently backed by HSBC. 

 

Is HSBC also a city backed bank? 

 

I thought they were "The Hongkong and Shanghai Banking Corporation".

 

So many banks, so little time . . . . <sigh>


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Message 2 of 12
Frequent Contributor

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

 


Itsmeagain wrote:

Okay, Macy's is partnering with City Bank, to issue an American Express credit card.  But my BBRC is currently backed by HSBC. 

 

Is HSBC also a city backed bank? 

 

I thought they were "The Hongkong and Shanghai Banking Corporation".

 

So many banks, so little time . . . . <sigh>


 

I'm not understanding your question.  What does your Best Buy card or HSBC have to do with Macy's, American Express, or the article posted?

 

 

AMEX Blue Cash - $15k, Lowes/GECRB - $10K, PNC - $10K, CIti Diamond Preferred - $10K, Home Depot/Citi - $7590, Best Buy Store/HSBC - $7400, Citi Platinum Select - $7150, Best Buy RZMC/HSBC - $5750, Dillards/GECRB - $4350, Discover More - $3600, Cap 1 Cash Rewards - $3000, Amex HHonors - $2000, State Farm - $2000, Cap 1 MTV - $1500
Message 3 of 12
Senior Contributor

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

HSBC is definitiey not Citi Bank.   Don't understand the question either.

Message 4 of 12
Senior Contributor

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership


Itsmeagain wrote:

Okay, Macy's is partnering with City Bank, to issue an American Express credit card.  But my BBRC is currently backed by HSBC. 

 

Is HSBC also a city backed bank? 

 

I thought they were "The Hongkong and Shanghai Banking Corporation".

 

So many banks, so little time . . . . <sigh>


 

 

You are correct.  Citi and HSBC are two totally different animals. 

 

Interesting how Macy's Visa will be replaced by Macy's AmEx.  I'm looking forward to the new card.

 

IAALBNYL
Message 5 of 12
Frequent Contributor

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

To bad they did not make it like a Costco Amex. Heck maybe if it was one simple CL.


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Message 6 of 12
Moderator Emeritus

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

 


Itsmeagain wrote:

Okay, Macy's is partnering with City Bank, to issue an American Express credit card.  But my BBRC is currently backed by HSBC. 

 

Is HSBC also a city backed bank? 

 

I thought they were "The Hongkong and Shanghai Banking Corporation".

 

So many banks, so little time . . . . <sigh>


 

 

Did you mean to say DSNB, not HSBC?

 

My Macy's Visa card is issued by DSNB.  I was confused by this press release, because I didn't think that my Macy's Visa had any connection to Citi.  I just learned on Wikipedia that DSNB is part of some Citi-related alliance.  Interesting.

Message 7 of 12
Established Contributor

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

 


Lel wrote:

 

Did you mean to say DSNB, not HSBC?

 

My Macy's Visa card is issued by DSNB.  I was confused by this press release, because I didn't think that my Macy's Visa had any connection to Citi.  I just learned on Wikipedia that DSNB is part of some Citi-related alliance.  Interesting.


 

Thanks for the replies.  Maybe I should rename myself "Its-me-the-idiot-again".

 

Yes, thank you; it is DSNB who backs my Macy's Visa.  So DNSB is connected with Citi . . . thant's interesting; I wonder if Macy's will still maintain the same rewards program.

 

 

 


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Message 8 of 12
Senior Contributor

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership


Itsmeagain wrote:

 


Lel wrote:

 

Did you mean to say DSNB, not HSBC?

 

My Macy's Visa card is issued by DSNB.  I was confused by this press release, because I didn't think that my Macy's Visa had any connection to Citi.  I just learned on Wikipedia that DSNB is part of some Citi-related alliance.  Interesting.


 

Thanks for the replies.  Maybe I should rename myself "Its-me-the-idiot-again".

 

Yes, thank you; it is DSNB who backs my Macy's Visa.  So DNSB is connected with Citi . . . thant's interesting; I wonder if Macy's will still maintain the same rewards program.

 

 

 


 

I've got a question for you ... what exactly is the Macy's rewards program?  I look over my statements and stuff pretty well and have never seen anything other than some free in-store services depending on one's level.

IAALBNYL
Message 9 of 12
Senior Contributor

Re: Macy’s, Inc. and American Express Announce New Co-Brand Card Partnership

It's called the Macy's Star Rewards Program, according to the article it will remain identical when the card changes over to amex from visa.

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Message 10 of 12