Citi
Macy's Credit Card
Earn points at Macy's with no annual fee. Members earn 2-5 points per dollar depending on tier, redeemable as Star Money for Macy's merchandise.
Annual fee
None
Top rate
5x online shopping
Welcome bonus
$100
Quick look
No-Fee Rewards at Macy's
Earn points at every membership tier
2.6
out of 5
Rewards
Fees
Welcome bonus
Perks
Value
Overall score is a weighted average: Rewards 20% · Fees 20% · Welcome bonus 20% · Perks 20% · Value 20%.
Ideal for
Loyal Macy's shoppers who spend at least $1,200 annually to reach Platinum status and always pay their balance in full.
The verdict
The Macy's Credit Card is a no-annual-fee option for frequent shoppers at Macy's, but it's burdened by a brutal 32.74% APR and the hard constraint that rewards only redeem for Macy's purchases. The tiered rewards structure (2-5 points per $1, depending on membership level) dangles decent earning rates if you hit Platinum status ($1,200+ annual spend), but that's a high bar, and even then you're locked into Macy's merchandise. Third-party reviewers consistently flag this card as risky for anyone who carries a balance.
This card has a place only for specific buyers: committed Macy's customers who always pay in full and can reliably reach Platinum status. For everyone else—including casual Macy's shoppers and anyone who might revolve a balance—a general-purpose no-fee rewards card is a safer bet, even if you lose the tiered Macy's bonus.
Pros
- No annual fee, making it easy to keep open for future Macy's trips
- Up to 5% back at Macy's for Platinum members; 3% for Gold is reasonable for a store card
- Welcome offer requires no minimum spend, just opening and using the card same-day
Cons
- 32.74% APR is well above the 23% average for good-credit cards; revolving a balance is expensive
- Rewards and redemptions locked to Macy's only; points have zero value elsewhere
- Platinum tier requires $1,200+ annual spend; most customers stay at Silver (2% back) or Gold
Reward rates
| Category | Rate | Details |
|---|---|---|
| Online shopping | 5x | 5 points per $1 spent for Platinum members at Macy's |
| Online shopping | 3x | 3 points per $1 spent for Gold members at Macy's |
| Online shopping | 2x | 2 points per $1 spent for Silver members at Macy's |
The tiered rewards structure is the card's main draw, but only Platinum members (those spending $1,200+ annually at Macy's) earn the top 5% rate. Most cardholders stay at Silver (2%) or Gold (3%), which are mediocre by industry standards. All rewards redeem only for Macy's merchandise; transfer partners or cash-back options don't exist.
Fees and APR
Does it pay for itself?
Zero annual fee is standard for store cards and removes one barrier to opening, but the 32.74% APR is the real cost. If you carry even a small balance, interest charges will dwarf any rewards. Pay this card in full every month or the math works against you.
Welcome bonus
Is it worth chasing?
The 30% off discount (up to $100 value) has no minimum spend requirement and applies same-day, so it's easy to capture. The value is modest compared to general-purpose cards offering $150–$200 signup bonuses, but for a store card it's reasonable.
Similar cards
Better for flexible spending: 5% rotating categories, no annual fee, cash-back redeem anywhere, and a lower APR (~23%)
Same issuer (Citi), no annual fee, but 5% back at Best Buy only; similar store-card trade-offs
Frequently asked questions
How do I reach Platinum status and what are the tier benefits?
Membership tiers are determined by annual spending at Macy's: Silver starts at $0 (2% back), Gold at $500 (3% back), and Platinum at $1,200 (5% back). These are automatic based on calendar-year purchases; there's no separate application or enrollment.
Can I use my rewards outside Macy's?
No. Your points redeem only as Star Money—a Macy's-specific currency for purchases at Macy's stores and online. You cannot transfer to airline programs, use as cash-back, or redeem elsewhere.
What if I carry a balance on this card?
Don't. At 32.74% APR, even a $500 balance will cost you ~$162 in annual interest. That's far more than the rewards you'll earn. This card only makes sense if you pay in full every statement cycle.
Is this better than a general-purpose rewards card?
Not unless you spend $1,200+ annually at Macy's. Chase Freedom Flex offers 5% rotating categories with an ~23% APR and cash-back that works anywhere. A Macy's shopper earning 3% back at Macy's is giving up flexibility and paying a higher interest rate for the same earning rate.
Reviewed by YoungerFinance Editorial · Last updated August 10, 2026