The starting credit limit for the Macy's Credit Card is not officially disclosed by the issuer, but according to online cardholder reports, can be anywhere between $100 to $2,500. If you’re interested in the Macy's Store Card, you should know the initial credit limit ranges from $100 to $1,200, according to forum posts.
That being said, your exact credit limit will depend entirely on the specifics of your credit and your overall financial situation. So, the better your credit is, the higher you can expect your spending limit to be.
If you are unhappy with your credit limit, the issuer periodically reviews accounts for automatic credit limit increases after several months of on-time payments. If you'd rather not rely on an automatic increase, you can request one yourself.
This answer was first published on 09/19/18 and it was last updated on 01/09/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
If you're interested in the Macy's Store Card, you should know the initial credit limit ranges from $100 to $1,200, according to forum posts.
What is the limit on a starter credit card? ›
If you have good credit — a FICO score of 670 or higher — you'll likely be approved for a higher credit limit than you would with fair credit. That said, limits on these cards can still range from $500 to $1,000 for first-time cardholders, though you should be able to qualify for larger limits over time.
What is the credit card limit for beginners? ›
If you're just starting out, a good credit limit for your first card might be around $1,000.
What is the minimum credit score for a Macy credit card? ›
As usual, your chances of getting a credit card at Macy's will depend on your credit score. The minimum required score for this card is 640. Other factors that the issuer will consider include stability of income, debt-to-income ratio, and frequency of credit inquiries.
Can I get a Macy's card with a 600 credit score? ›
You need good or excellent credit (700 or higher) to get the Macy's Amex, and at least fair credit (640 or higher) to get the Macy's Store Card.
What is an initial credit limit? ›
Many starter credit cards have credit limit ranges between $200 and $1,000. In that case, you could consider a limit of $500 or more to be a fairly good starting limit. However, the best credit limit for your first card is one that you can pay back on time each month as you spend with your card.
What credit card has $5000 limit with bad credit? ›
Compare the best credit cards for bad credit
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| Petal® 1 No Annual Fee Visa® Credit Card* Learn More on Petal's secure site | 4.1 Winner: Unsecured | $300 to $5,000 |
| Tomo Credit Card* Learn More on Community Federal Savings Bank's secure site | 2.4 Unsecured credit card + high limit | $100 to $30,000 |
9 more rowsIf you're interested in the Macy's Store Card, you should know the initial credit limit ranges from $100 to $1,200, according to forum posts. That being said, your exact credit limit will depend entirely on the specifics of your credit and your overall financial situation.
How hard is it to get approved for a Macy's credit card? ›
Most applicants who are approved for a Macy's Credit Card have a FICO® Score of 600 or higher. If you're aiming for the Macy's American Express® Card, you'll likely need a score of at least 670; ideally, your score should be 700 or higher.
What bank issues Macy's credit card? ›
Department Stores National Bank (“DSNB”) is the issuer of the Macy's Store Card. For each account with a balance, a minimum payment will be required and you may incur a late fee if you fail to make any required minimum payment on time. The Macy's Store Card may only be used to make purchases at Macy's and macys.com.
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Yes, the Macy's Credit Card does a hard inquiry on your credit report when you apply. A hard inquiry usually results in a slight decrease in an applicant's credit score, but the effect only lasts for a short period of time.
What is the starting credit limit for credit one? ›
All Credit One cards start off with a credit limit of $300 to $500. You can be considered for a credit limit increase with a history of consistent on-time payments.
Is $500 a good starting credit limit? ›
It depends on your personal history. For example, if you have never used a credit card before, an initial credit limit of $500 or $1,000 isn't a bad starting point. However, if you have an excellent credit score and a six-figure income, the definition of a good credit limit will be higher.
How much does a credit card start with? ›
Mastercard numbers start with a 2 or 5. Visa card numbers start with a 4. American Express numbers start with a 3.
What is the initial limit for total credit card? ›
The starting credit limit for the Total Visa® Card is $300. If you use the Total Visa responsibly and pay your monthly bills on time for at least one year after opening your account, you may get an automatic credit limit increase.
