This Mahalo page will provide you with instructions on how to get a Barney's credit card.

The first Barney's store started out as a store that only sold brand name men's suites. The store was opened in 1923 by Barney Pressman. Because Barney was very good at advertising his store, the business thrived. Barneys' son Fred joined the company in 1946 and in 1956 the company changed its name to Barney's Clothes Inc. In 1976 the store started selling women's clothing. That same year the department store started selling cosmetics, housewares and gifts. A few years later, in 1981 the store was renamed Barneys New York. Today Barney's has three main large stores in New York, Chicago and Beverly Hills. There are also several Barney's outlet stores and smaller community stores.http://www.fundinguniverse.com/company-histories/Barneys-Inc-Company-History.html

Barney's has one credit card to offer to consumers. Like most store credit cards, the card has various benefits for its owner. People nowadays sign up for store credit cards for many reasons. Some try to improve their credit, others want to take advantage of the benefits of being a Barneys credit card holder. People tend to forget about the high interest rates that come with cards like these. Besides this, applying for a credit card will show up on your credit report as an inquiry. Whenever you apply for a credit card it is important to read the terms and conditions and any small print that is on the application. You want to be aware of what you can expect and what is expected from you.

On this page you will find information on how to go about applying for a Barney's credit card. You will read about the terms and conditions and benefits of the credit card. Hopefully this page will help to inform you and answer some of you questions.

One of the first things to do when you want to apply for a credit card from Barney's is to fill out an application. You can go onto barneys.com and fill out an application. You will have to disclose some personal, professional and financial information that will remain strictly confidential. It is completely safe to fill out the online application because a secure server is used for the processing of applications. Expect to disclose some of the following information:

• ■ your full name, address and phone number
• ■ your email address
• ■ your date of birth
• ■ your social security number
• ■ your place of employment
• ■ your employment status
• ■ your annual income
• ■ your mother's maiden namehttps://www.barneys.com/Credit%20Card/CREDIT_CARD,default,pg.html

If you just don't feel comfortable filling out the online application, you can always fill out an application in the physical department store. A sales clerk will be able to assist you with this. After filling out the application you will be asked to agree to the terms and conditions. After this the processing starts. Within a minute or so you will hear whether you are approved or denied. If you are approved you will receive the Barney's credit card in the mail. If you aren't approved you will receive a letter in the mail stating the reasoning behind this.

Store credit cards come with Terms and Conditions set by the card issuing entity. In order to get your credit card processed, you will have to agree to the terms and conditions. The bank just wants to make sure that you are aware of the interest rates, fees and charges that may apply. For instance, if you make a payment too late, you need to know that you will get charged a fee for this. Once you read through the Key terms you will be able to calculate if you can afford this credit card or not. Following you will find a summary of the terms of the Barneys credit card:

1. Annual Percentage Rate for purchases: 7.92% - 21.0% depending on credit and state you live in.
2. Annual fee: $1.50
3. Minimum finance charge: $0.50 (No fee in Arkansas, District of Columbia, Hawaii, Maryland, Nebraska and North Carolina)
4. Late payment fee: $5 - $25 depending on balance and which state you live in.
5. Returned check fee: $10 - $20 depending on which state you live.

REWARD POINTS: One of the benefits of department store credit cards are the rewards you get. You basically get paid to shop. For every dollar that you charge onto you Barneys' credit card, from purchases made at Barney's department stores or Barney's online, you will get one point. Once your points accumulate to 2,000 points you will automatically be enrolled to receive free stuff.http://demandware.edgesuite.net/aabm_prd/on/demandware.static/Sites-BNY-Site/Sites-BNY-Library/default/v1268945987232/pdf/bny-retail-installment-credit-agreement.pdf

If you purchase items with a [[[credit card]], you tend to spend more money than you would if they were paying with cash. People tend to forget that the money they charge to their credit card has to be paid back and with the high interest rate of store credit cards this amount is going to be somewhat higher. All credit cards come with positive and negative features. When getting a Barneys' credit card, make sure you are aware of these. Purchasing items with a credit card is easy if you don't have the cash readily available.Following you will find some positive and negative points of owning a store credit card:

'THE GOOD FEATURES:

1. If you pay your entire balance before the due date, you won't get charged any interest.
2. You can actually build your credit by paying your credit card bill on time.
3. You often get rewarded by earning points for shopping. Once you reach a certain amount of points get to shop using special discounts or gift cards.
4. Some store credit cards reward you for applying for them. You receive reward point immediately upon approval of your credit card applications.
5. Often you can make store returns without a receipt.
6. As stated earlier, store credit cards are easier to get approved for compared to traditional credit cards.
7. Some credit cards make it so that you can get free gift wrapping services.

THE BAD FEATURES

1. In order to maintain your card sometimes you are obligated to spend a certain amount per year on the card.
2. Store credit cards tend to have low credit limits that are easily reached and may lower your credit score.
3. Applying for a store credit card will result in an inquiry on your credit report.
4. Most store credit cards have high interest rates.
5. Even if you close the account it will stay on your credit report for 7 years. http://www.jsnet.org/news-article/pros-and-cons-of-store-credit-cards/