Neiman Marcus Credit Card

By: EconomyWatch   Date: 6 October 2010

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The Neiman Marcus credit card is issued and administered by HSBC Bank, Nevada, N.A. During mid- 2005, HSBC acquired the credit card business of Neiman Marcus for $640 million. Currently, almost 50% of the transactions at Neiman Marcus stores occur through its privately-labeled credit cards. These cards have gained popularity across the US and have redefined the shopping experience at the nationwide Neiman Marcus stores. Till date, almost 192,000 cardholders have subscribed to gain from the benefits offered by the Neiman Marcus credit cards.

Neiman Marcus Credit Card: Features & Benefits

The various features and benefits associated with the Neiman Marcus credit cards are:

  • No annual fee
  • Interest rate of 22.5%
  • 25-day grace period
  • Acceptance at NeimanMarcus.com, Cusp.com, Horchow.com and BergdorfGoodman.com
    • Inaugural offer of 1,000 InCircle bonus points. As soon as the cardholders reach the level of 10,000 points, they can redeem the points against gift cards and airline miles. The cardholder earns two points for every dollar that s/he virtually spends at Neiman Marcus and Bergdorf Goodman.
    • The cardholder gets an extra discount of 5% on the entire purchase amount at the Last Call Clearance Centers.
    • Round-the-clock customer service.

    Neiman Marcus Credit Card: Restrictions

    Among the major restrictions that are applicable to Neiman Marcus credit card are:

    • An introductory bonus of 1,000 InCircle points is awarded within three weeks of the delivery of a Neiman Marcus credit card.
    • A cardholder is not awarded InCircle points on transactions related to taxes, purchases on Neiman Marcus gift cards and delivery and processing charges.
      • One can apply online at the official website of Neiman Marcus. After filling the application details, the applicants will know if their card application has been approved in just 60 seconds.
      • However, an applicant might not get credit approval if s/he has a history of bankruptcy, foreclosures, tax liens, repossessions and other episodes that indicate a poor credit history.
      • Cards are dispatched within seven to ten days from the date of application.

        • ‘Neiman Marcus Credit Card’ is a trademark of Neiman Marcus, who can be found at www.neimanmarcus.com

      • How to apply for a Neiman Marcus credit card

      Some of the factors one must consider while applying for a Neiman Marcus credit card are:

     

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