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Macy's American Express questions.

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Anonymous
Not applicable

Re: Macy's American Express questions.

Is the Macys Amex considered a new account? Or just like a PC? Sorry for the obviously dumb question.
Message 11 of 16
chalupaman
Super Contributor

Re: Macy's American Express questions.


@Anonymous wrote:
Is the Macys Amex considered a new account? Or just like a PC? Sorry for the obviously dumb question.

It's a new account but there's no HP involved in opening it.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 12 of 16
Anonymous
Not applicable

Re: Macy's American Express questions.

A new account 

Message 13 of 16
Creditobsessed12
Frequent Contributor

Re: Macy's American Express questions.

Does the macys store acct get closed once you upgrade? Or do you stay with two accounts?
11/30/14 EQ 545 TU 573 EX 602 01/15 EQ 545 TU 586 EX 589
02/15 EQ 643 TU 627 EX 669 03/05/2015 EQ 708 TU 744 EX 707
05/2017 EQ 659 TU 676 EX 683
Goal: 700s across the board Smiley Happy
Message 14 of 16
Anonymous
Not applicable

Re: Macy's American Express questions.


@Creditobsessed12 wrote:
Does themacys store acct get closed once you upgrade? Or do you stay with two accounts?

2 accounts 1 card. Smiley Very Happy 

Message 15 of 16
CreditUnionFan
Valued Contributor

Re: Macy's American Express questions.


@Anonymous wrote:

@Creditobsessed12 wrote:
Does themacys store acct get closed once you upgrade? Or do you stay with two accounts?

2 accounts 1 card. Smiley Very Happy 


At least two accounts. You can use just the Macy's Amex card, or you can use the old store card at the store still.

 

I say at least two accounts because special purchases fall into "club" accounts - jewelry, furniture, etc. to separate the promotional financing. All without HPs in most cases.

 

The Amex shows up as a new account based on the date that the Amex was issued. The Macy's account(s) keep their history.

I was going to garden... Honest!
Message 16 of 16
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