How can I pre-qualify for the Macy's Credit Card?

The credit score you need for the Macy's Credit Card is 700 or better. That means people with at least good credit have a shot at getting approved for this card. The Macy's Store Card, however, has more lenient requirements. This card accepts people with at least fair credit for approval (640+ credit score).

Other Macy's Credit Card Approval Requirements

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Macy's Credit Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status, and housing status.

Since all these criteria are taken into consideration, you might be able to get approved with a slightly lower credit score. But it’s best to wait to apply until you meet the Macy's Credit Card credit score requirement. You can check your credit score for free on WalletHub.

The Macy's Credit Card is issued by Department Stores National Bank, a subsidiary of Citibank.

Since Macy’s is a department store, it doesn’t have a banking license. That’s why it partnered with DSN Bank to issue its credit cards.

Pre-approved and pre-qualified credit card offers both indicate that a potential applicant is likely to be approved, but they are used in slightly different situations. Being pre-approved means the issuer sent you an offer, while pre-qualification usually means you checked your approval odds through the issuer’s website. However, the terms are often used interchangeably.... read full answer

Both pre-approved and pre-qualified credit card offers have no effect on your credit standing, as issuers only use a soft pull to gauge your eligibility. But if you decide to apply after being pre-qualified or pre-approved, the issuer will do a hard pull of your credit, which will temporarily lower your score.

Pre-Approved Vs. Pre-Qualified Credit Cards

Top 7 Issuers That Offer an Online Pre-qualification Tool

• American Express
• Bank of America
• Capital One
• Chase
• Citibank
• Navy Federal Credit Union
• Wells Fargo

Pre-approved and pre-qualified offers generally provide an 80% - 90% chance of approval. On the other hand, if you get a “pre-selected” offer, it means you fit some general criteria established by the issuer and have around a 70% chance of approval. Lastly, an “invitation to apply” gets sent out based on demographics, not your credit. Such offers have lower acceptance rates because they’re sent to large groups of people and are not as targeted.