Tips, News and Advice from Credit Card Assist

Macy’s Stands Alone As The World’s Worst Credit Card

by on June 24, 2011

Experts at singled out the world’s worst credit, cash-back and secured credit cards.

As credit card companies are battering consumers across the board with monstrous fees, high interest rates and disappearing rewards, you can still get a good deal on a card … just so long as you don’t chose one of these cards.

The world’s worst credit card is the Macy’s credit card, with its 23.99% interest rate. However, cards from J.C. Penney, American Eagle Outfitters, Gap, Brooks Brothers, J. Crew and Dillard’s all come in at rates over 20%. To get a good store credit card, get a card associated with Visa, MasterCard or American Express.

Money Return Visa Platinum Plus is the world’s worst cash-back card. The terms are no annual fee, 0% for six months on balance transfers and a whopping 10% cash rebate. However, the 10% cash back applies only if you carry a balance. And the annual percentage rate for carrying a balance ranges from 9.99% to 19.99%.

Lastly, make sure to pick a secured card other than New Millennium Bank Secured Gold Visa or MasterCard and New Millennium Bank Secured Platinum Visa or MasterCard. They are the world’s worst secured card.

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{ 1 comment… read it below or add one }

David October 16, 2012 at 11:12 am

Absolutly true.

I live in canada. I went to US to shop. My girlfriend wanted to buy some stuff from Macys and the sales rep asked me if I get Macys Card i will get 20% off on my purchase. So there i got stuck in the lure. I got the card and i wanted to pay it the same day and the lady said i can't. So after a week i went there and paid the outstanding. Everyone happy, I came back to Canada.

Same month I moved into a different apartment. So after few months i got all the mail from my old apt. I was shocked to see that my macys out standing was 56 dollers. First thing it is impossible to find there customer care no. off the internet. so i found it on my bill. (which is 1800-593-2543 just in case sombody needs it) then i called them the rep wavied off 36 dollers and asked me to pay 20. so went to a Canadian bank got a draft made for 7 dollers and paid 20 dollers for express draft because 4 days left in due date. And i asked the rep to close my account. One more time I was feeling that its all done. But noooooo.

After few days from my old apt mail i again got macy's bill of 26 dollers because my payment was late. this time i decided to go to the store and pay. so i went to Michigan and checked my due amont and date and paid a doller extra. But not yet.

One more time i got the bill for 2 dollers. This time i called Macys and asked them to do sumthing or i will file a law suite against them. and today they said that now my balance is zero. but i don't beleive that unless i see the document that he said i m gonna recieve in mail.

Never get macys card. espacially if you live in Canada. you won't save the money that you will end up paying to do Macys payment.


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