Credit Cards Center Credit cards from our partners
Established Contributor
Posts: 717
Registered: ‎03-05-2008

Macy's Store Card APR Increase

I received a paper Macy's bill in the mail. This is important because I am set up for electronic billing so I normally just glance at the online amount due and pay. I opened this bill and under the account summary it has the phrase being used across the nation, "IMPORTANT NOTICE OF CHANGES IN ACCOUNT TERMS AND RIGHT TO OPT OUT). Store card rates are terrible anyway, so Im not sure how how Macy's APR will go. I didnt get hit too hard.  My current rate is 23.99% and the new variable rate effective Nov 19 is 24.50%.


I am so use to getting a separate mailer regarding change in terms I just wanted to remind everyone (as stated on the boards by many) it is important to open your bills and read what is going on. Not sure if the APR rate is applicable to Macy's Visa, but those of you with one or both may want to check. I just got my HELOC and now I have no idea where to begin with of my APR increases geesh.

Starting Score: EQ: 633 (12/31/09) TU: 651 (12/31/09)
Current Score: EQ:633 TU: 651
Goal Score: EQ: 700 TU:700

Take the FICO Fitness Challenge
Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009

Re: Macy's Store Card APR Increase

A Macy's insider posted on CB a while ago that there would be a global Macy's APRI forthcoming in this time frame. According to him all would get it and it would be to the same APR. It will be interesting to see how true that is.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.