I shop at Macy's store once in a while. Every time I pay at the register, the sales clerk usually tries to entice me to sign up for the card to get extra discount. After a few of such attempts by the sales clerk, I finally agreed to apply for the card. The trap has been set.

I later made a purchase at the store worth of $30 and put it on my Macy's card. Here's the mistake I made. I have many credit cards and am on top of making consistent payment. I don't use the Macy's card very often, so i don't really check my statement every month. A a result I missed my payment. The late fee? It's a whopping $27 on the $30 I owe - that's a 90% increase. This is a sure way Macy's can make a profit kill fast, and forget about selling the products.

And unfortunately I missed my next monthly statement. So now I'm charged $37 fee because I owe them the inflated $57 from previous statement. The total I owe now is $94. By this time I realized what was happening and called in to resolve the situation.

I wanted to pay off the entire balance over the phone. Oh by the way there's a $15 charge to make a phone payment (no kidding). After my plea, the phone payment charge was reduced to $5. So made a total of $99 payment over the phone.

A week later I got a call from Macy's collection dept. saying my last payment attempt didn't go through. Why? Because the last agent didn't put the correct info into the system. So they got a return check. Oh by the way, a return check will cost me $25. So now I owe $124!! Unbelievable.

Today I gave Macy's collection dept a call and try to square this off. The agent wanted to charge me yet another phone payment fee of $15. I was furious, and told the agent that this is supposed to be making correct for my last payment, not a new phone payment. He agreed and dropped the charge.

Conclusion - It is just not worth the potential trouble you'll get into applying the Macy's card to save some money. No, in the end, I lost a whole lot more than I save. And Macy's has just lost a royal customer. This is a loose - loose game, Macy's.

For those of you shopperholic, maybe the card does you great savings if you are really on top of it making full payment every month. For there rest of us, my advice is just use your regular credit card and gain milage rewards on your card instead.

Macy's vulture policy makes sure they won't loose a penny to anyone and can make a good profit kill at the same time. In the end, they also loos some customers for good.

I have been recieving creditor calls from Macy's/Bloomingdale's and have never had an account. I have tried at least 6-7 times to speak with representatives to explain that my phone number must have been entered in mistake and request the calls to stop but they have continued. This annoyance has continued for three or more weeks and I can guarantee that I would not consider these companies for future credit because of the incompitence already exhibited.

I opened a macys credit card with promises that I would get 15% off at the register and 10% off my bill (which I never saw). Ok whatever, I let it go. I've had credit cards for almost 5 years and NEVER had a late payment except for now with macys changing the due date on me and sending me the statement AFTER the fact and slaming me with late fees. I dont have time to call and complain so I just paid it - whatever.

I've only had this card for about 6 months and about 2 months ago they sent me a letter telling me that they were lowering my credit limit, why you ask? get ready... their sole reason was... I only made minumum payments. I know what you are thinking... what on earth??!??! are these people insane!!!???!! the answer is YES!! I've actually paid more than the minimum payment but not according to them. About a month after that, they sent me another letter telling me they CLOSED my account for the same reason. WHAT THE HECK IS WRONG WITH THIS COMPANY!!!????? I dont appreciate the fact they are treating me like a delinquent customer and they are ruining my credit because I didnt pay them more than I did.

Moral of the story? STAY AWAY FROM MACYS AT ALL COSTS!!! Tell everyone you know to stay away from macy's. You will regret the day you ever signed up.. I know I sure do!