5 Things You Need to Know About the Macy’s Credit Card Before Applying

If you’re a frequent Macy’s shopper, the Macy’s Credit Card might seem like a no-brainer. Between exclusive savings, reward perks, and cardholder-only events, it’s easy to see the appeal. But before you hit “apply,” there are a few key things you should know to decide whether it’s the right card for you.

In this guide, we’re breaking down the five most important facts about the Macy’s Credit Card, so you can shop smarter and avoid surprises.

1. There Are Two Macy’s Credit Cards, And They Work Differently

Macy’s actually offers two types of credit cards:

• Macy’s Store Card: This can only be used at Macy’s and macys.com.
• Macy’s American Express® Card: This version can be used anywhere American Express is accepted.

Both cards are issued by Citibank, and your eligibility for each depends on your creditworthiness. If you’re approved for the Amex version, you’ll get more flexibility and earn rewards on purchases made outside of Macy’s.

Tip: If you’re only approved for the store card, you can still upgrade later based on your credit profile and usage.

2. The Macy’s Credit Card Uses a Tiered Rewards System

Macy’s has a loyalty program called Star Rewards, and your rewards depend on how much you spend annually at Macy’s:

• Silver: $1–$499/year – Earn 2% back in rewards
• Gold: $500–$1,199/year – Earn 3% back + free shipping
• Platinum: $1,200+/year – Earn 5% back + free shipping

Rewards come in the form of Star Money, which can be used toward future Macy’s purchases. You’ll also get birthday surprises and cardholder-exclusive savings events.

Keep in mind: These benefits are only valid at Macy’s, so if you don’t shop there often, the rewards may not be as valuable.

3. There’s No Annual Fee, But the Interest Rate Is High

The Macy’s Credit Card has no annual fee, which makes it accessible if you’re looking to build credit or earn store rewards without a yearly cost.

However, the APR (Annual Percentage Rate) is steep, usually in the range of 30% or higher, depending on your creditworthiness. 

Translation: If you don’t pay off your balance in full each month, those rewards can quickly be wiped out by interest charges. This card is best for people who plan to pay in full each billing cycle.

4. Your Credit Score Matters, But Approval Isn’t Too Tough

Many applicants report being approved with fair to good credit, typically in the mid-600s and up. Since it’s a store-branded card (especially the store-only version), the requirements are more relaxed than for traditional credit cards.

Still, Citibank will do a hard credit inquiry, which can temporarily lower your credit score by a few points. Make sure to check your credit report beforehand to avoid surprises.

5. Cardholder-Only Perks Can Add Up, If You Shop Strategically

Beyond the rewards system, Macy’s cardholders get:

• Extra discounts during special events (sometimes up to 25% off)
• Birthday offers
• Early access to select sales
• Special financing offers on select purchases

If you shop Macy’s during seasonal sales, clearance events, or holidays, these perks can save you a decent chunk of change. Just remember: These perks are designed to encourage you to spend more, so always shop with a plan.

Final Thoughts: Is the Macy’s Credit Card Worth It?

The Macy’s Credit Card can be a solid choice for loyal Macy’s shoppers who plan to pay off their balance each month. With no annual fee and decent rewards for in-store and online purchases, it offers solid value, but only if you use it wisely.

It’s less ideal if you:

• Don’t shop at Macy’s often
• Tend to carry a balance from month to month
• Want a more flexible, all-purpose credit card

In short, this card works best when used as a strategic store card, not as your everyday spender.

FAQs About the Macy’s Credit Card