The increase in credit gave me help when I needed it and some breathing room. Unsecured credit cards from Merrick Bank also bear Mastercard logo on them meaning the cards can be used anywhere Mastercard cards are accepted. Plus because it is 100% secured, WalletHub is not a financial advisor, law firm, lawyer referral service, or a substitute for a financial advisor, attorney, or law firm. If we are unable to match you to a Indigo Mastercard , we may pre-qualify you for a credit card issued by another bank. We value your privacy. By clicking the "See if I Match" button, we will use your information to see if we have an offer of credit for you. Watch the Story to See How. You can learn more about how to minimize the credit score damage by reading. All Rights Reserved. Your credit line can be increased at any time by adding additional money to your security deposit. Maryland Residents: Interest charges will be imposed on the outstanding balances from month to month in amounts or at rates not in excess of those permitted by law. Note: Please do not include personal information such as your SSN#, credit or debit account numbers. It's quick and easy. *Certain restrictions apply. By submitting your question, you agree to the following: I need to know the actual limit and the interest rates. If you have received an offer with an Acceptance Certificate Number and would like to apply for the credit card described in your offer, please complete your Acceptance Certificate here. Learn More about Merrick's Recreational Lending To opt out of our sharing your Personally Identifiable Information, visit www.merrickbank.com/Privacy-Opt-Out. you control the credit line! The offers that appear on this site are from companies from which CreditCards.com receives compensation. The applicant may request the reason for rejection of his or her application for a credit card. The representative will track your Merrick credit card through the reference code you were given at the time of application. When you call, you'll need to provide your Social Security Number so that Merrick Bank can match you to your application. If you deposit $200, you have a $200 credit line. Credit-Land.com does not offer any warranties and is not a direct service. want to get the card, you will need to submit an actual application which will result in a hard pull. See if you pre-qualify by answering a few questions. I could not ask for more. The Petal 2 Card also rewards cardholders with up to 1.5% cash back. All logos on the Credit-Land.com website are property of their respective owners. Merrick Bank won't automatically upgrade to an unsecured card, but does provide credit review. Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). You can check your Merrick Bank application status by phone at (800) 253-2322. Member FDIC. Your account information is reported to the three major credit bureaus. All Rights Reserved. of our customized programs. I would definitely recommend this card to a friend. Review Merrick Bank cards here and apply right now without waiting for an invitation from the bank. Michael R. Aurora, CO. My experience with Merrick Bank is a very excellent one. Keep an eye on your inboxwell be sending over your first message soon. Information on WalletHub Answers is provided as is and should not be considered financial, legal or investment advice. To apply for a secured Mastercard card from Merrick Bank you will have to provide minimum $200 to open your security deposit. We report your payment history to all three major credit-reporting agencies. The offers that appear on this site are from companies from which CreditCards.com receives compensation. Thank You, Your Question Has Been Successfully Sent! Learn more by viewing their full stories. Member FDIC. Double your $200 credit line by making at least your minimum payment on time each month for the first 7 months your account is open. Certified Dealer, Contact Merrick I pay them off completely each month without fail and sometimes 2 times each month and still they do not see fit to approve the credit increases they promised when I applied. (not available on tablets or mobile devices), Apply for a Secured Wrap Up Having a poor credit score gets you into a never-ending cycle. . Your credit line may also be increased by Merrick Bank periodically based on account performance. 3.4. Get your FICO Credit Score for free each month. Merrick Bank unsecured credit card offers usually come by mail or email as an invitation to apply, but you can also pre-qualify for them online. CreditCards.com credit ranges are derived from FICO Score 8, which is one of many different types of credit scores. Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds. Companies displayed may pay us to be Authorized or when you click a link, call a number or fill a form on our site. I got absolutely no help. Merrick Bank Double Your Line Mastercard Credit Card Regular purchase APR 24.20% - 29.70%* Variable Annual fee $0 - $72 Additional rates & fees Annual fee $0 - $72 Intro purchase APR N/A Regular purchase APR 24.20% - 29.70%* Variable Intro balance transfer APR N/A Regular balance transfer APR N/A Cash advance APR 29.20% - 34.70%* Variable You can increase your credit limit by making additional deposits to your Merrick Bank Classic Secured Mastercard account in increments of $50 at a time up to $10,000. See terms and apply now - for PayPal Credit, opens in a new window or tab. In order to apply for a Merrick Bank Visa credit card, you must have received an invitation to apply from Merrick Bank. In the Cardholder Center or in the Merrick Bank goMobile App you can set up Account Alerts to inform you of the changes to your account that you care about. I would definitely recommend this card to a friend. Your submission of this Online Application will serve as your express written consent for us and our service providers to use the Email address to contact you in connection with your account. Here at Credit-Land.com we will answer all questions to the best of our knowledge and understanding, but we are not legally accredited professionals. Their terrible customer service kept sending me to the collection agency that no longer had the account. The Annual Fee that you pre-qualify for will be determined based on our review of your credit profile. You do not need to include alimony, child support, or separate maintenance income unless you want to have it considered as a basis for repaying a loan. For example, if your minimum credit limit is $200, your initial available credit limit will be only about $164. " Almost certain that if I apply it will be a instant denial. I wield your card with confidence. The applicant may request the reason for rejection of his or her application for a credit card. Ultimately, it is worth noting that a hard pull usually causes an applicant's credit score to drop by 5-10 points. If youre approved, your new credit card should reach you in about 7-10 business. The Ohio Civil Rights Commission administers compliance with this law. Reasonable efforts are made Access your account 24 hours a day, 7 days a week. Credit-Land.com. Below you can review Merrick Bank credit card and apply online to start improving your credit. If your application is approved, your credit Line will be $1,250. Hire the best financial advisor for your needs. Overall, the Merrick Bank Classic Secured credit card can help build or rebuilt credit, but its also easy to rack up a lot of fees and have your credit score dip even further. Well promptly contact you if we need any additional information. Well run a soft credit pull, which wont impact your credit score, Youll see your estimated approval odds near cards to help you narrow down your options. Merrick Bank Classic Secured Credit Cards can help cardholders establish or rebuild their credit profiles with responsible use. The helpfulness of a financial advisor's answer is not indicative of future advisor performance. An increase in variable rates will also an increase in your minimum payment amount. FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries. If you don't like what you hear, you can inquire about the reason they denied your application by sending a mail to the following address: Merrick BankCredit DepartmentP.O. I usually make two monthly payments after transforming my finances from retiring with credit card debt to settling and only paying cash for things for two years. The application submitted will not be complete until funds for the security deposit have been collected by Merrick Bank. Merrick Bank Credit Card Application Offer Verification - Online Offer Simply complete the form below to see if you match a pre-qualied offer. You can easily activate your card online, over the phone, or through the Merrick Bank app. Enter your cell phone number and well send you a link to install the WalletHub app. I called 3 credit bureaus and reported this as well to them. Consult a card's issuing bank about the terms & conditions. It's simple, it's eco-friendly, it's clutter-free and you don't have to worry about them being lost or stolen through paper delivery channels. How can I check my Merrick Bank application status? So, if you want more, you can send more however, the amount of $3,000 is the maximum deposit you can pay. Below is information regarding your receiving, signing and delivering to us the Application Packet electronically. If you are using a P.O. Certificate Number and would like to apply for the credit card described in your What is the highest credit limit for Merrick Bank? Better rates and higher credit limits so I could consolidate and have one card. They help you build credit just as well as unsecured cards, but you have to put down a security deposit to open them. One of the best unsecured credit cards for no credit is the Petal 2 Visa Credit Card because it has a $0 annual fee and a 0% foreign fee. Box Rural Route Date of Birth: * Month Day Year Social Security Number Last 4 Digits * No need to call, your account will be regularly reviewed for credit line increases. You can increase your credit line at any time by adding additional money to your security deposit, up to $3,000. Merrick Bank Double Your Line Secured Credit Card. As the Email messages Merrick Bank may send you could include financial information, please consider whether you wish to use an Email address where others may have access to your messages. (3) Merrick may obtain consumer credit reports about me, for any legitimate purpose related to this Application or any Account established hereunder; They refused to update my balance which is now $800 dollars less than what they reported, it's frustrating. Like most other secured credit cards, a Merrick Bank Classic Secured cardholders variable APR (annual percentage rate) is based on the market based on the prime rate and the cardholding individual's creditworthiness. 2023 Merrick Bank. They help you build credit just as well as unsecured cards, but you have to put down a security deposit to open them. There are numerous factors that are considered when the issuer determines what credit limit to extend and at what interest rate. Your initial credit line with a Secured Account is equal to your security deposit. * Apply today! In case your application is denied, you could try calling. RV / Horse Trailer, Become a If you have a question about an existing Merrick Bank credit card account, the Merrick Bank customer service phone number is (800) 204-5936. No additional deposit required! With a competitive interest rate, regular reviews for credit line increases, and access to FICO Score every month at no cost, the Merrick Bank Secured Visa is a great choice. I thank you for what I have. If you're already a Merrick Bank customer, you can also check your application status through your online account. Merrick advised they were going to report me to the credit bureaus, but I was still locked out of my account. This is the card for getting your credit back on track. I get many of these offers and trying to make a sound decision. Merrick Bank reports to all three major credit card bureaus and provides credit line reviews. Responding To Mail Offer 2. You can pay your deposit using Western Union, MoneyGram or by mailing in a check. Well use this information to to verify your credit profile. By providing this information, I give my express written consent for Merrick Bank and its service providers to contact me, by phone or email, in connection with my Account. Capital One QuicksilverOne Cash Rewards Credit Card, Credit One Bank Platinum Visa for Rebuilding Credit, Capital One Quicksilver Student Cash Rewards Credit Card, Its pretty easy to qualify for unsecured credit cards for no credit, provided that you have a steady income. Merrick Bank Credit Card Application Offer Verification - Mail Offer Merrick Bank Helps Customers Build and Rebuild Their Credit. Acceptance Certificate Number: Can't find your Acceptance Certificate Number? This company does not deserve good paying customers at all. LEARN MORE >>. Either way, the Merrick Bank Instead, you'll see recommended credit ranges from the issuers listed next to cards on our site. Merrick Bank pre-approval doesn't guarantee that you'll be approved for a card, but it does indicate that your chances of getting approved are very high if you apply. Secured Visa I'm writing this because I received an increase in my credit line and didn't even ask. Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Were sorry, but something went wrong and we couldnt find your approval odds. The bank's goal is to help sub-prime consumers and it does everything to ease their financial life. Merrick Bank Credit Card Application - Mail Offer Your application was submitted We need more time to process it and will notify you of our decision by mail. custom solutions are designed specifically for people who have re-established credit However, all credit card information is presented without warranty. Merrick Bank offers two options of creditour Platinum VISA, and our Secured VISA. Card issued by Merrick Bank, Member FDIC. By providing my email address, I agree to CreditCards.coms We will use the information in the categories above to administer and service your account. (5) I authorize the Social Security Administration (SSA) to verify and disclose to Merrick Bank through TransUnion, their service provider for the purpose of this transaction whether the name, Social Security Number (SSN) and date of birth I have submitted matches information in SSA records. ConsumerAffairs is not a government agency. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The representative will track your Merrick credit card through the reference code you were given at the time of application. An expedited phone payment fee will be charged to make payments over the phone a customer service representative will disclose the amount before completing your transaction. Unlike a debit card or a pre-paid card, it helps build your credit history. After you make your payments, the increase is automatic. After spending about 3 hours on hold, being transferred multiple times, hung up on, I called back. (4) I am at least 18 years old, have a valid tax identification number, such as a Social Security Number, and have a verifiable, physical U.S. home address; Merrick Bank credit cards may become a good tool for establishing or rebuilding your credit history. offer. Do Not Sell or Share My Personal Information. Upon request, we will inform you whether or not we requested a consumer report on you and the name and address of the consumer agency that furnished the report. So I got a pre-approval offer from Merrick Bank. RV loans and horse trailer loans to customers with past credit problems. With a $200 minimum and $3,000 maximum deposit, the Merrick Bank Double Your Line Secured Credit Card requires a refundable security deposit that becomes the cardholder's credit limit. I can use it anywhere and there is no yearly fee. Privacy Policy. However, all information about the offer(s) is presented without warranty. I made a small purchase to test the problems I read about. Double your $200 credit line by making at least your minimum payment on time each month for the first 7 months your account is open. California Residents: A married applicant may apply for a separate account. Contact Merrick ADVERTISING DISCLOSURE: Credit-Land.com is an independent, advertising-supported web site. FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries. Enjoy reading our tips and recommendations. $200-$3,000. Get your FICO Credit Score for free each month. CreditCards.com does not include the entire universe of available financial or credit offers.CCDC has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Please ensure that the Email address you provide is the Email address you would like Merrick Bank to use to send correspondence to you. Get buying tips about Secured Credit Cards delivered to your inbox. Merrick has been the perfect card/company to help me rebuild my credit score after a messy divorce.. My credit limit was increased slowly over time and I now use the card regularly. Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds. Its location on this page may change next time you visit. The best Merrick Bank credit card for people with no credit is the Merrick Bank Double Your Line Secured Credit Card because it accepts applicants with limited or no credit history and has an annual fee of $36 1st yr, $0 after. No need to call, your account will be regularly reviewed for credit line increases that do not require additional security deposit. The first time, I was overseas and my debit card became blocked, and I was having difficulty getting the block removed, and I was I was running out of money. That means you can view your balance, make a payment, see your statements, and check up on recent transactions. Once completed, well provide a final decision by mail. If you are a married applicant, you may apply for credit in your own name. Enjoy peace of mind knowing you won't be held responsible for unauthorized charges on your credit card. ACCEPT YOUR MAIL OFFER >>, Our two secured credit card products were created with you in mind. Fraud coverage if your card is lost or stolen. The first year's annual fees are applied to the balance of the card, so the fee can cut into your available credit limit. 2023 Merrick Bank. Merrick Bank provides credit to customers with lower or poor credit scores. It is very important to do your own analysis before making any investment based on your own personal circumstances and consult with your own investment, financial, tax and legal advisers. All content. Secured Visa card can help. Tampa, FL. When you click on Each time I received the increase, I needed it. details. You'll have time to fully review all the Terms & Conditions of your offer before you apply. When I contacted them today after waiting for 45 minutes for customer service to answer I asked them had they received my pay off payment from a overnight delivery and I was told to contact my bank and they were so rude. Access your account 24 hours a day, 7 days a week. The bank issues secured Mastercard cards and unsecured credit cards. These terms allow CreditCards.com to use your consumer report information, including credit score, for internal business purposes, such as improving the website experience and to market other products and services to you. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear within listing categories. Your personal information and data are protected with 256-bit encryption. You may want to hire a professional before making any decision. If you are charged interest, the charge will be no less than $1.00. Merrick Bank offers two options of creditour Platinum VISA , and our Secured VISA. Enroll. We sincerely appreciate your interest in a Visa credit card from Merrick Bank! We greatly appreciate your interest in Merrick Bank. Please if anyone is thinking of doing business with this company dont. Editorial and user-generated content is not provided, reviewed or endorsed by any company. Merrick Bank will mail you the card(s) you request ("Card(s)") upon approval of your Acceptance Certificate or Online Acceptance Certificate, in accordance with the terms set forth below. It's known for its commitment to helping . Merrick Bank also charges $2 per page for making copies of billing statements, sales slips or payment copies at your request. Merrick Bank Classic Secured credit cards can help those with poor or limited credit establish themselves financially. The bank is one of the top credit card issuers in the US. Worried about past credit problems? If we need more information, we will contact you. . Established in 1997, Merrick bank is headquartered in South Jordan, Utah. & Conditions. Unsubscribe easily. Please seek appropriate professional or legal advice when needed. As long as you are consistent with payments, they will take care of you! You can also set alerts to notify you of card activity, schedule upcoming payments, and lots more! All Rights Reserved. The Credit-Land.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. No, Merrick Bank secured credit cards cannot graduate to unsecured accounts. Merrick Bank Classic Secured Mastercard is a great secured credit card for rebuilding credit because the issuer reports to all three major credit card bureaus and provides automatic credit line reviews. All rights reserved. Sign up to receive our free weekly newsletter. The . Thanks. There's no guarantee they will change their decision, but it's definitely worth a try. (6) this Application is being submitted to your offices in Utah, I consent to venue and jurisdiction in Utah and that our relationship will be governed by Utah state law and applicable Federal law. By clicking the Submit button below, you are submitting your request for a Merrick Bank Mastercard and certify that you have read and agree to the Terms and Conditions above. Its pretty easy to qualify for unsecured credit cards for no credit, provided that you have a steady income. EDITORIAL DISCLOSURE All reviews are prepared by CreditCards.com staff. $36 for first year. Services, Terms As required by law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations. I tried to call them to settle the account. How to Apply For Merrick Bank Credit Cards 1. The annual fee is $36 for the first year, then $3 per month after that. Wallethub doesnt charge for this service. to maintain accurate information. See the online credit card applications for details about the terms and conditions of an offer. your Acceptance Certificate Number and apply for the credit card described in your