Review: Neiman Marcus Credit Card

Neiman Marcus, in partnership with Capital One, offers a credit card good at Neiman Marcus shops in addition to at its sister shops Bergdorf Goodman, Horchow, and Final Name.

The cardboard provides an InCircle rewards program that offers you 2 factors for each greenback charged with the cardboard. When you attain 10,000 factors, you get a $100 Neiman Marcus reward card.

Provided that reward construction, you’d ordinarily must spend $5000 to get to 10,000 factors, which is a excessive hurdle to attain with a purpose to truly acquire a reward. And a reward that equals roughly 2% of your spend will not be significantly beneficiant. Due to this fact, it is a card that’s troublesome to get enthusiastic about.

In case you are nonetheless , although, one factor that’s good is the truth that you’ll get 5,000 InCircle factors proper off the bat once you open your card and make any measurement buy with it on that very same day. (You’ll nonetheless want to purchase not less than $2500 in different Neiman Marcus stuff to get your first $100 reward card, although.)

One other factor that makes us uncomfortable concerning the Neiman Marcus bank card is the rate of interest — 27.49%!! For those who EVER carry a stability in your bank cards, you don’t need this one. The curiosity you pay will basically cancel out the rewards you obtain.

Nonetheless, for those who at all times repay your playing cards and also you need these rewards, you may apply on-line for the Neiman Marcus bank card with this application.