An operating method for a memory system including a nonvolatile random access memory (NVRAM) and a NAND flash memory includes performing a normal read operation directed to the target memory cell in response to a read request, determining that a read fail has occurred as a result of the normal read operation, then performing a read retry operation by iterations directed to the target memory cell according to a first read retry scheme until a pass read retry iteration successfully reads the target memory cell, and storing pass information associated with the pass read retry iteration in the NVRAM.