Hey guys, just applied for the Macys Store Card. After reading through numerous threads about it. I read that it was a pretty easy store card to get, also a good card to rebuilding my credit. After I applied for the store card, the message said, that they will contact me within the next 10 days. good or bad?
I have a EQ 605, dont' know my TU or EX.
Question: How likely is that i get this card? I applied online, would of it been better to apply at the Macys Store? Your Thoughs on the Macys Store Card?
thanks.
-Virgil
Starting Score: EQ 548 [ Feb 2010 ]
Hey guys thanks for the info,
Yea i called today to check the update and they told me they have no information of my file yet. maybe its still in processing, since i applied last Friday. the CSR told me if i had applied at the store i could of had a instance decision. next time i will apply instore.
thanks for your inputs.
Macy's has let me down. I shop there, they slash my limit from 2500 to 470 just above what I owe on the card. I feel that if I am buying from their store, using their card, paying my bill on time, and making good payments (more than minimum) and then they do this ....they must not care about their customers or their shareholders. They now are not reporting my CL at all. I called and tried to recon with them and basically they would not budge, I asked them if they are looking to lose customers and she said do what i want...I wish i could let their sharholders know Macy's reps are losing them money with the atitude. I will be closing my account with them next money. I cant be loyal to a company that treats me like dog dodo!
Goodbye macy's I will encourage all my family and friends to not shop with you so we can assist you in depleting your shareholders money. .
@iwantbettercredit wrote:Macy's has let me down. I shop there, they slash my limit from 2500 to 470 just above what I owe on the card. I feel that if I am buying from their store, using their card, paying my bill on time, and making good payments (more than minimum) and then they do this ....they must not care about their customers or their shareholders. They now are not reporting my CL at all. I called and tried to recon with them and basically they would not budge, I asked them if they are looking to lose customers and she said do what i want...I wish i could let their sharholders know Macy's reps are losing them money with the atitude. I will be closing my account with them next money. I cant be loyal to a company that treats me like dog dodo!
Goodbye macy's I will encourage all my family and friends to not shop with you so we can assist you in depleting your shareholders money. .
Well, I have to agree with you that lots of folks are upset with Macy's no longer reporting CL's. I guess the good news is you can carry a high balance with them without affecting utilization (if I'm understanding Ilecs' post). But PIFing Macy's still makes me much happier than carrying a balance because their APR is SO high.
There's a reason they decreased your CL from 2500 to 470. Of course, now it doesn't matter in a sense, because they're not reporting it. However, if you take a look at what got their underwear in a knot, you may be able to correct it so that other creditors don't take a similar action. Kind of like a canary in a coal mine.
