Neiman Marcus Credit Card

Neiman Marcus Credit Card Review

This is a store rewards card issued by Capital One. If you're wondering whether Neiman Marcus credit card is the right card for you, read on.

Key Takeaways

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• Signup bonus. Offers a signup bonus of 5000 points that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 25.49%
• No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• Good or better credit required. You will have low approval odds if your credit score is below 670.

Pros & Cons of Neiman Marcus credit card

The Good

The Bad

Receive 5,000 bonus Incircle points when you open an account and make a purchase on the same day. Earn two InCircle points for virtually every dollar spent on credit card purchases 10,000 points earns you a $100 Point Card for shopping—no merchandise exclusions Open a credit card with us & make a same-day purchase to get an instant 5,000 points—bringing you halfway to a $100 Point Card 0% APR on new purchases during the first 12 months. There is then a variable purchase APR of 25.49%. No annual fee. Cardholders can earn rewards on their purchases. Neiman Marcus Credit Card reports to multiple credit bureaus.

Higher than average purchase APRs. You need good credit to qualify. You don't earn rewards on every purchase.

Neiman Marcus credit card FAQ

Does Neiman Marcus credit card have a cash back or rewards program?

Neiman Marcus credit card is a rewards card.

Neiman Marcus credit card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	5000

What are the Neiman Marcus credit card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Neiman Marcus credit card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Neiman Marcus Credit Card has a variable purchase APR of 25.49%.

What are the fees for Neiman Marcus credit card?

The following fees apply:

Neiman Marcus Credit Card Fees

Description
No Annual Fee?
Annual Fee	$0
Minimum Interest Charge	$0.50
No Interest Grace Period for Late Payment	25 days
Returned Payment Fee	Up to $25
Late Fee Amount	Up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

Does Neiman Marcus Credit Card report your account activity to credit bureaus?

Yes, Neiman Marcus Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Neiman Marcus credit card

• Visit the Neiman Marcus credit card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.