topic Re: Macy's CC question in Credit Cards

Macy's CC question

Anonymous — Mon, 19 Jan 2009 19:45:57 GMT

Out of curiosity more than anything... how do the levels at Macy's work? (Red/Gold/Platinum/Black)

Is this an automatic thing when you spend a certain amount, or does one need to request it?

I am staring at their app page right now, and just wondering...

Re: Macy's CC question

oracles — Mon, 19 Jan 2009 19:49:25 GMT

Hey Pappy,

It is an automatic upgrade, when you pass a certain thershold amount of spending.

Re: Macy's CC question

Anonymous — Mon, 19 Jan 2009 19:56:43 GMT

Thanks oracles,

Now the question becomes to app or not to app. LOL!!!

Re: Macy's CC question

oracles — Mon, 19 Jan 2009 19:58:06 GMT

lol, are you in the center and what are your goals for other cards. If you are looking for a card but need time to pass then i would not do it. Is there a macys around you. will you shop there?

Re: Macy's CC question

Anonymous — Mon, 19 Jan 2009 20:41:29 GMT

I call after about 4 months to see if they could upgrade my card. They told me to hold while they looked over the account they said that I was being upgraded to platinum. I would recommend the card to anyone. Macy's gives great cli, have had the card only a short time and already up to a 1300 cl.

Re: Macy's CC question

Creditaddict — Mon, 19 Jan 2009 21:23:58 GMT

Red = $0-$500 in yearly spending

Gold = $501-1000

Platinum = $1001=2499

Elite = $2499+

and once you reach platinum or elite, you start receiving $25 certificates as rewards instead of $10

If you have the visa, you also start earning 3% within store, 1% outside the store.

Re: Macy's CC question

lizabeth — Mon, 19 Jan 2009 22:02:59 GMT

i have the macy's plat. level store card and i would only suggest app'ing for the VISA macy's, if at all.
the store card is pretty worthless and ive stopped using it altogether. the apr is awful awful awful.should be grand treason to have this card. go for the visa, or go for a non store card that actually has rewards. $25 dollars off at macys like twice a year is pointless.

Re: Macy's CC question

Creditaddict — Mon, 19 Jan 2009 22:07:30 GMT

@lizabeth wrote:
i have the macy's plat. level store card and i would only suggest app'ing for the VISA macy's, if at all.
the store card is pretty worthless and ive stopped using it altogether. the apr is awful awful awful.should be grand treason to have this card. go for the visa, or go for a non store card that actually has rewards. $25 dollars off at macys like twice a year is pointless.
Well that's not totally fair statement.

Your rewards are based on how much you spend, so to say you only get 2 a year... that's becuase your not spending much.

and if someone is trying to either rebuild there credit or maximize there fico mix by getting a store card, you can't get a better one in my opinion.. they give CLI every 3 months!!! who else does that. They also just about give everyone a card.

and for APR, this is a store card, you are going to be hard pressed to find any store card with less apr than 21% besides walmart at tier 1 apr or Nordstrom at tier 1 apr.

Re: Macy's CC question

Anonymous — Mon, 19 Jan 2009 22:18:22 GMT

I do spend a decent amount of money at the store because it is very close to my house. Also Macy's prices are very fair. Most of the time i will put my purchases on my card then pay in full so apr does not mater.

Re: Macy's CC question

iltph — Tue, 20 Jan 2009 00:21:06 GMT

Will a store card eventually be upgraded to a Visa after time or does it need to be requested? If requested, what is a good time and will there be a hard pull?

What if I spend $1,000 in one year and go up to the Platinum, then the next year only spend $200. Will the card be downgraded or will it remain the same?

Re: Macy's CC question

Creditaddict — Tue, 20 Jan 2009 00:24:14 GMT

@iltph wrote:
Will a store card eventually be upgraded to a Visa after time or does it need to be requested? If requested, what is a good time and will there be a hard pull?

What if I spend $1,000 in one year and go up to the Platinum, then the next year only spend $200. Will the card be downgraded or will it remain the same?

you can request to be upgraded to visa, not sure about hard or not, but it is a whole new credit line to have the visa.

your account will automatically be downgraded in the system, but they most likely won't send out a new card, but when you charge in the store, it will say right on the receipt what level you are.

Re: Macy's CC question

Anonymous — Tue, 20 Jan 2009 01:16:07 GMT

Hi all! First post here!

Macy's will automatically downgrade you and send the new card in the mail. I was formerly a gold member then was dropped. My new card came a few days after I received the notice that my status was changed. My problem with Macy's is that will not raise my credit limit after years of trying. My limit is only $100 which I received as a part time employee (Foley's) in 2001. Their reason is because I don't use the card, my reason because the limit is so low. Every time I would use it, even for sock purchases, my credit score took a hit. I have threatened to close it but haven't because this is one of my older accounts, aside from student loans, that is reporting positively (learned that from these forums . Other accounts that I have with higher limits are Chase Freedom 10K, and Nordstroms 5K. Are there any recommendations on how to get a CLI with them, because I promise I don't know how yall are doing it . Credit Score 690 EQ. TU EX 680s

Re: Macy's CC question

Creditaddict — Tue, 20 Jan 2009 01:19:54 GMT

I would use the card, turn around and pay the card, you won't take the hit on credit for maxing out a card but you will start showing usage on the card to get cli.

Re: Macy's CC question

Anonymous — Tue, 20 Jan 2009 02:05:41 GMT

If you use the card, your dang near guaranteed a GLI every 3 months.

Re: Macy's CC question

Creditaddict — Tue, 20 Jan 2009 02:09:50 GMT

my friend re-opened a closed account with a $100 limit 4 months ago and yesterday got an increase to $200. I think he has used it once.

My other friend had a $100 employee card and after he stopped working there, the account sat for like a year, he called and they increased him to $1000.

so sometimes they give huge CLI and other times they are modest, but if you use the account and keep calling every 3 months, you will get some love.

Re: Macy's CC question

oracles — Tue, 20 Jan 2009 03:49:53 GMT

@ADivine08 wrote:
Hi all! First post here!

Macy's will automatically downgrade you and send the new card in the mail. I was formerly a gold member then was dropped. My new card came a few days after I received the notice that my status was changed. My problem with Macy's is that will not raise my credit limit after years of trying. My limit is only $100 which I received as a part time employee (Foley's) in 2001. Their reason is because I don't use the card, my reason because the limit is so low. Every time I would use it, even for sock purchases, my credit score took a hit. I have threatened to close it but haven't because this is one of my older accounts, aside from student loans, that is reporting positively (learned that from these forums . Other accounts that I have with higher limits are Chase Freedom 10K, and Nordstroms 5K. Are there any recommendations on how to get a CLI with them, because I promise I don't know how yall are doing it . Credit Score 690 EQ. TU EX 680s

Welcome to the forums Adivine. Have you tried the macys backdoor number located in a thread sticky at the top of this forum. You can also do a search for macys backdoor number. Call them and speak to a credit analyst and tell them your situation. See if they will increase your limit by $100 dollars at lease.

Keep us updated

Re: Macy's CC question

Anonymous — Fri, 23 Jan 2009 04:02:20 GMT

Update!

After talking with the customer service representative, and them reviewing my account, they awarded me with . . . $100. Thanks for the responses. I am glad to know that I am not the only one who they are stingy with.

Re: Macy's CC question

oracles — Fri, 23 Jan 2009 04:03:56 GMT

@ADivine08 wrote:
Update!

After talking with the customer service representative, and them reviewing my account, they awarded me with . . . $100. Thanks for the responses. I am glad to know that I am not the only one who they are stingy with.

AD

Very nice, congrats

Re: Macy's CC question

Anonymous — Mon, 02 Apr 2012 13:50:27 GMT

Sitiing here paying the bills, and I noticed this on the Macy's statement:

"In the coming months, your Macy's store account will be managed according to a credit limit. The credit limit for your account will appear on a future
statement along with information about this change.""

Is this their way of saying I'm getting an upgrade from the red store card to a VISA or AMEX, or is Macy's doing something else?

Personally, I LOVE Macy's. Macy's card + high-quality stuff + periodically insane deals = birthdays and Christmas lifesaver!!! And it's always good to be able to get a new pair of shoes or a suit for job-related occasions, interviews, etc. Lovelovelove my Macy's card. It's a lifesaver.

Re: Macy's CC question

bichonmom — Mon, 02 Apr 2012 16:52:18 GMT

@Anonymous wrote:
Sitiing here paying the bills, and I noticed this on the Macy's statement:

"In the coming months, your Macy's store account will be managed according to a credit limit. The credit limit for your account will appear on a future
statement along with information about this change.""

Is this their way of saying I'm getting an upgrade from the red store card to a VISA or AMEX, or is Macy's doing something else?

Personally, I LOVE Macy's. Macy's card + high-quality stuff + periodically insane deals = birthdays and Christmas lifesaver!!! And it's always good to be able to get a new pair of shoes or a suit for job-related occasions, interviews, etc. Lovelovelove my Macy's card. It's a lifesaver.

Macys has begun reporting CLs to the CRBs, which they weren't doing previously. This is just letting you know that your CL will be reported to the CRB and your statement will let you know what your CL is.