Love a good Neiman Marcus haul? The store may have offered you the Neiman Marcus credit card with the promise of InCircle points, free shipping, and concierge perks. The Neiman Marcus credit card can reward big spenders generously, but its high APR means carrying a balance can quietly erase those rewards.
This review breaks down how the Neiman Marcus credit card works, what it costs, and who it actually fits. Then we will look at a few lower-cost cards that focus on building your credit rather than rewarding luxury spending.
What Is the Neiman Marcus Credit Card?
The Neiman Marcus credit card is a store card tied to the InCircle loyalty program. You use it at Neiman Marcus and Bergdorf Goodman, earning InCircle points that convert into gift cards and member benefits.
The rewards are tiered by spending. You earn 2 InCircle points per dollar up to $74,999 in yearly purchases, then 5 points per dollar after you cross $75,000 in a calendar year. New cardholders can earn 5,000 bonus points after their first purchase within 30 days. Every 10,000 points convert to a $100 gift card.
Perks include free shipping after you spend $1,000 in a year, a double-points day, and concierge access. The top earners are President's Circle and Chairman's Circle members, so the card clearly favors high-volume luxury shoppers.
Neiman Marcus Credit Card Fees and APR
As of June 2026, the Neiman Marcus credit card carries an APR around 30.74%. There is no annual fee, which is a genuine plus, but that interest rate is high and well above the average credit card interest rate.
The rewards structure rewards heavy spending, but the math only works if you pay in full. A balance carried at roughly 31% interest can cost far more than any InCircle points are worth. Check Neiman Marcus's website for current rewards terms, since they can change.
In short, this is a card built to be paid off every month. If you revolve a balance, the high APR can quickly outweigh the perks. APRs vary by creditworthiness, and terms and conditions apply.
Who Should Consider the Neiman Marcus Credit Card?
The Neiman Marcus credit card fits a frequent, high-spending luxury shopper who pays the full statement balance every month. If you spend enough to reach the higher InCircle tiers and never carry a balance, the rewards and concierge perks can deliver real value.
It fits poorly if you carry a balance or if your main goal is building credit. The high APR makes any unpaid balance costly, and the rewards only pay off at high spending levels. For credit building, a lower-rate card with everyday use is usually smarter.
If you are still establishing credit, it helps to compare unsecured credit cards and credit-builder products before applying for a luxury store card. The options below are designed to grow your credit at a much lower cost.
A strong starting point is the Self Visa® Credit Card, which pairs a credit-builder account with a secured card. You can learn more through Self Visa® Credit Card.
If you prefer to skip the security deposit, the Current Build Card reports your everyday purchases toward credit building. It ties into a Current account, so you can manage spending and credit building in one place.
Current Build Card
Current Build Card
$0 annual fee. No minimum deposit required. No credit check required. 1 point per dollar on eligible categories. Reports to Experian, TransUnion, Equifax.
Fee
$0
APR
0%
Minimum Deposit Amount
$0
Credit Check
No
Cashback
1 point/dollar on eligible categories (with qualifying payroll deposit)
Benefit
No credit check, no deposit minimum
For a simple, low-cost secured option, the Kikoff Secured Credit Card is built for beginners. It focuses on reporting your on-time activity to the credit bureaus, which can help you build a positive history over time.
Kikoff Secured Credit Card
Kikoff Secured Credit Card
Kikoff Secured Credit Card works like a debit card & checking account and performs like a credit builder. Build credit with your everyday purchases.
APR
0%
Minimum Deposit Amount
$0
Credit Check
No
Cashback
Yes
Benefit
0% interest. No credit check.
How These Compare to the Neiman Marcus Credit Card
The Neiman Marcus credit card works best in one scenario: rewards for big luxury spenders who never carry a balance. Outside that, its 30.74% APR and store-only use make it a weak everyday card.
The credit-builder cards above take a broader, lower-cost approach. Instead of rewarding luxury spending, they report your payments to the credit bureaus at a lower cost and can be used more widely. For someone building credit, that steady reporting often matters more than gift-card points. You can also track your score with tools like Creditship.ai as it grows.
If a store card has turned you down before, it is worth reading about applying for a credit card after being denied to improve your next attempt.
Tips for Building Credit With Any Card
The card matters less than how you use it. Pay on time every month, because payment history is the single biggest factor in your credit score. Autopay can keep you from missing a due date.
Keep your balance well under your limit, ideally below 30%, and pay the full statement when you can to avoid interest. Timing helps too, so it is worth knowing the best time to pay your credit card bill.
Used this way, even a basic starter card can move your score in the right direction. A tool like Firstcard can help you stay focused on building credit rather than chasing luxury rewards.
Is the Neiman Marcus Credit Card Worth It?
If you are a frequent, high-spending Neiman Marcus shopper who pays in full every month, the Neiman Marcus credit card can deliver generous InCircle rewards and perks with no annual fee. For the right shopper, it has real appeal.
But if you carry a balance or want to build credit, the 30.74% APR and store-only rewards are hard to justify. A dedicated credit-builder card will usually cost less and serve your goals better. Compare your options before you sign up at checkout.
Frequently Asked Questions
What credit score do you need for the Neiman Marcus credit card?
The Neiman Marcus credit card is a store card that typically favors applicants with good credit, though requirements vary. There is no single published minimum, and approval depends on your overall credit profile. Approval is never guaranteed.
Does the Neiman Marcus credit card have an annual fee?
No. As of June 2026, the card charges no annual fee. The main cost to watch is the high APR of about 30.74% if you carry a balance.
How do InCircle rewards work?
You earn 2 InCircle points per dollar up to $74,999 in yearly purchases, then 5 points per dollar after $75,000. Every 10,000 points convert to a $100 Neiman Marcus gift card. New cardholders can earn 5,000 bonus points after their first purchase within 30 days.
What are good alternatives to the Neiman Marcus credit card?
Lower-cost credit-building options include the Self Visa Credit Card, the Current Build Card, and the Kikoff Secured Credit Card. These report your payments at a lower cost and can be used more widely than a store card. Terms and conditions apply.
