What is an American Express (Amex) DSNB credit card?

10 Mar 2023

The AMEX DSNB credit card is issued by American Express in partnership with Department Stores National Bank (DSNB), allowing customers who frequently shop at participating department stores to earn rewards for their purchases.

The AMEX DSNB credit card's rewards program is one of its standout features. Cardholders earn points for every dollar spent on eligible purchases like department stores, gas, and groceries. These points can be redeemed for merchandise, travel, and gift cards, among other things.

Another benefit of the AMEX DSNB credit card is its fraud protection. American Express is known for its advanced fraud detection technology and offers a $0 liability guarantee for fraudulent purchases. Cardholders can also take advantage of the Amex Offers program, which provides discounts and other offers on purchases made with the card.

The AMEX DSNB card also offers a range of other benefits, such as extended warranty coverage, purchase protection, and travel accident insurance. Cardholders can also access exclusive experiences and events through the American Express Experiences program.

It is important to note that the AMEX DSNB credit card has an annual fee. The fee amount varies according to the card's specific features and benefits.

Having and using an AMEX/DSNB credit card can affect your credit score in the same ways that any credit card or line of credit can. It covers all of the major credit scoring factors:

• Payment History: Late and missed payments on your Macy's or Bloomingdale's credit card can affect your credit history and score. On-time payments have a positive impact on your credit.
• Length of credit history: Keeping your Macy's or Bloomingdale's credit card account open and using it responsibly can help you build a positive record.
• Credit Union: FICO® will consider your Macy's or Bloomingdale credit card a credit account and potentially add it to your existing account combination.
• New Credit: New credit can temporarily lower credit scores, but if new credit is needed, the goal is to keep accounts to a minimum and open gradually over time.