Whats the starting credit limit for Macy's Credit Card?

There is no way to know how high American Express credit limits are as Amex doesn’t disclose this information in their cards’ terms and conditions. Your credit limit will depend on your credit history, debt level, income, and payment history on other American Express cards. So, you won’t know your American Express credit limit until you’re approved for an account.… read full answer

One way to estimate what credit limit you might get on an American Express card is to read customer reviews of the card. People will often post what limit they received, sometimes with their credit score and income. But you should take any of these numbers with a grain of salt. Just because someone with a similar credit score or income got a certain limit, it doesn’t mean you will, too.

Your Macy's credit card cash advance limit will depend on your entire credit limit and will be a portion of it.

Please note that you can get cash advances at ATMs with your Macy's card but only after your account is upgraded to the Macy's American Express. Also, you will need to call the number on the back of your card to obtain a PIN. … read full answer

Watch out, because there is a transaction fee for cash advances (either $5 or 4% of the amount of the cash advance, whichever is greater). A very high interest is charged from the transaction date, even if you pay your entire balance by the payment due date each month.

All in all, try to avoid cash advances because they're very expensive.

You can request a Macy's Credit Card credit limit increase online, through the Department Stores National Bank mobile app, or by calling customer service at 1-888-257-6757. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income Department Stores National Bank has on file. Department Stores National Bank will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.… read full answer

How To Get a Macy's Credit Card Credit Limit Increase Online

1. Log in to your online account or the Department Stores National Bank mobile app.
2. Choose the Macy's Credit Card from the list of account options (if you have more than one Department Stores National Bank card).
3. Click “Credit Summary,” and then “Request a Credit Limit Increase.”
4. Enter your annual income, residential status and monthly mortgage or rent payment.
5. Confirm the information entered and click “Submit” to complete the request.

You should receive a decision in just a few seconds. If you’re approved for a Macy's Credit Card credit limit increase, the new limit is effective immediately.

Impact of a Macy's Credit Card Credit Limit Increase on Your Credit Score

When you request a Macy's Credit Card credit limit increase, Department Stores National Bank will conduct a soft pull of your credit report, which does not affect your credit score. However, some Macy's Credit Card credit limit increase requests may involve a hard pull, which will cause a short-term dip in your credit score. Department Stores National Bank cannot do a hard pull without your permission.

Alternatively, you could be eligible for a Macy's Credit Card credit limit increase without even requesting one. The Macy's Credit Card may offer an automatic credit limit increase if Department Stores National Bank’s regular review of your account shows a history of on-time payments and low debt. An automatic credit limit increase involves a soft pull, which does not affect your credit score.