Nordstrom Credit Card Review

 

If you shop at Nordstrom often, it makes sense to join the rewards program, which is only available to Nordstrom Retail or Nordstrom Visa credit cardholders. In return, you get privileged access to exclusive services, 24/7 Nordstrom customer service, and bonus points that add up to cash back rewards.

Unlike many other types of retail cards, the Nordstrom Visa credit card offers competitive, tiered levels of annual percentage rates (APR) based on your creditworthiness.

Types of Nordstrom credit cards

Nordstrom offers these options:


Nordstrom Retail


Nordstrom Visa Signature® and Nordstrom Visa Platinum®

The store card can only be used in the store and online. Cardholders can use the Visa card anywhere that accepts Visa.

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Rewards and benefits on the Nordstrom credit card

If you are approved for the Nordstrom credit card you can sign in to access your card online or through the Nordstrom app and start shopping right away. You get a $40 bonus note when you make any purchase at Nordstrom, Nordstrom.com, or Norstrom Rack on your new Card the day you are approved. Use that $40 for purchases made at Nordstrom. Start earning Notes the minute you join, plus get exclusive benefits for cardholders such as early access to anniversary sale and more. Earn 3 points per dollar spent using your Nordstrom credit card in stores and online at Nordstrom, Nordstrom Rack, HauteLook and Trunk Club.

Nordstrom Visa Platinum® and Nordstrom Visa Signature® have the same benefits as a Nordstrom Retail card, plus 2 points per dollar on dining, entertainment and travel, and 1 point per dollar everywhere else Visa credit cards are accepted.

The Nordstrom credit cards have no annual fee.

Minimum credit score for the Nordstrom credit card

Nordstrom doesn’t specify a minimum credit score required for approval for its credit card. If you have fair to good credit with no recent blemishes, the chances of approval are greater than if you have poor credit with recent delinquencies. If you’re unsure about where your credit stands, consider ordering a free copy of your credit score. Consumers are also entitled to a free copy of their credit report every year from each of the three credit bureaus (Experian, TransUnion, and Equifax) by visiting AnnualCreditReport.com.

See where you stand in comparison to Credit Sesame members — this is data taken from a subset of 7 million members collected October 2015.

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Your credit score

Credit scores can be confusing, with several different types of scores available from each of the three credit bureaus. Additionally, each of the credit bureaus calculates the score based on the information that it has on a your credit report, which means that your score can differ from one credit bureau to the next unless they all have the same data in their files.

[Credit Bureau Guide: What the Differences are Between Equifax, TransUnion, & Experian]

No matter what type of credit score the bureau uses, it calculates the number based on several categories. The largest factors that determine a credit score are payment history and the amount of money owed. Most lenders have their own definition of  what makes a “good” credit score. VantageScores and FICO® scores, which companies use to determine creditworthiness, break down as follows:

  • Excellent: 750+
  • Good: 700-749
  • Fair: 650-699
  • Poor: 600-649
  • Bad: below 600

Higher scores generally show lenders that you’re financially responsible and “creditworthy,” while lower scores generally indicate that you may be a greater risk for default. A lower score increases the odds that your credit card or other credit application could be denied. However lenders look at the reason your credit score is lower. Make sure your payments post on time and carry low balances on all credit cards in relation to your credit limit as these two factors make up more than half of your credit score.

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Consider the costs and rewards before you decide if the Nordstrom credit card is right for you. The robust rewards program offers different types of benefits and rewards, which makes sense if you shop in stores or online at Nordstrom or Nordstrom Rack frequently.


Independent Review Disclosure: All the information about the Nordstrom Retail, Nordstrom Visa Signature®, Nordstrom Visa Platinum® has been collected independently by CreditSesame.com and has not been reviewed or provided by the issuers of these cards. The Nordstrom Retail, Nordstrom Visa Signature®, Nordstrom Visa Platinum® are not available through CreditSesame.com.

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Provider’s Terms: *See the online provider’s application for details about terms and conditions. Reasonable efforts have been made to maintain accurate information, however, all information is presented without warranty or guarantee. When you click on the “Apply Now” button, you can review the terms and conditions on the provider’s website. Offers are subject to change and the terms displayed may not be available to all consumers.

The information, including card rates and fees, presented in this article is believed to be accurate as of the date of the article. Please refer to issuer website and application for the most current information. Verify all terms and conditions of any offer prior to applying.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Reviews: User reviews and responses are not provided, reviewed, approved or otherwise endorsed by the banks, issuers and credit card advertisers. It is not the banks, issuers, and credit card advertiser’s responsibility to ensure all posts are answered. The Credit Sesame website star ratings are an average based on contributions from independent users not affiliated with Credit Sesame. Banks, issuers and credit card advertisers are not responsible for star ratings, nor do they endorse or guarantee any posted comments or reviews.

Disclaimer: The article and information provided here is for informational purposes only and is not intended as a substitute for professional advice.

You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved.
Published July 13, 2016
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