Merrick Bank CREDIT CARDS

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Since its founding in 1997, Merrick Bank has been known as one of the top issuers of VISA credit cards in the United States. In addition to more than three million cardholders throughout the country, Merrick Bank has extended these consumers more than $5.3 billion in credit. To go along with its popular VISA credit cards – including the Platinum Visa and Secured Visa – Merrick Bank provides consumers with a variety of other products and services, such as RV and boat loans, personal loans, and certificates of deposit.

Merrick Bank Secured Credit Card

Get your FICO® Credit Score for free each month

Intro Purchase APR N/A

Intro Balance Transfer APR N/A

Annual Fee $36 for first year. Billed $3 per month thereafter

Credit Recommended See website for Details*

Regular Purchase APR 22.95% Variable

Full Details Card Page

Highlights

  • Choose your own credit line based on how much money you want to put down as a security deposit.
  • Initial deposits can be from $200 to $3,000. You can increase your credit line at any time by adding additional money to your security deposit, up to $3,000.
  • After 9 months, we review your account for a credit line increase. No additional deposit required!
  • Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
  • Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
  • Get your FICO® Credit Score for free each month.
  • Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with available Auto Pay and account alerts.
  • Card issued by Merrick Bank, Member FDIC.

Additional Info

  • Regular APR: 22.95% Variable
  • Annual Fee: $36 for first year. Billed $3 per month thereafter
  • Credit Line: $200-$3,000, depending on deposit amount
  • Cash Advance APR: 27.95% Variable
  • Cash Advance Fee: 4% Min: $10
  • Late Payment Fee: Up to $40
  • Return Payment Fee: Up to $40
  • Foreign Trans Fee: 2%
  • Minimum Deposit: $200
  • Regular Transfer APR: N/A
  • Penalty APR: N/A
  • Balance Transfer Fee: N/A
  • Credit Recommended: See website for Details*
  • Intro (Purchases): N/A
  • Intro (Transfers): N/A

Specifications

Intro (Purchases) N/A
Intro (Transfers) N/A
Regular APR 22.95% Variable
Annual Fee $36 for first year. Billed $3 per month thereafter
Credit Recommended See website for Details*
Cash Advance APR 27.95% Variable
Cash Advance Fee 4% Min: $10
Cash Grace Period N/A
Late Payment Fee Up to $40
Overlimit Fee N/A
Return Check Fee Up to $40
Foreign Transaction Fee 2%
Balance Transfer Fee N/A

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Advertiser Disclosure * Advertisements which display guaranteed credit lines or credit limits of $500.00-$750.00 are exclusively for usage through online retail stores, online marketplace websites and/or online auction websites. Credit limit offers displayed on advertisements are contingent on getting approved by the credit institution issuing the credit card or issuing the line of credit. When searching for the best credit card for you, there are several factors that you ought to consider. Some cards have APR rates that you need to review before you sign on with a bank or lender. Financing costs will influence your decision if you anticipate using the card for single purchases or if you intend to carry a monthly balance. If you don’t make your timely required payments by the due date, financing costs increase and you’ll have to pay the credit issuer those fees plus your current balance. Please review the credit card applications for specifics into the terms and conditions. We strive to display current and up-to-date information. Nonetheless, all credit card offers are displayed without guarantee. To affirm terms and conditions, tap the "Apply Now" to learn more about the credit offer on a secure page provided by the card issuer(s). Please review full terms and conditions prior to applying for any credit card.

General Disclaimer Please review the credit card applications for specifics into the terms and conditions. We strive to display current and up-to-date information. Nonetheless, all credit card offers are displayed without guarantee. To affirm terms and conditions, tap the "Apply Now" to learn more about the credit offer on a secure page provided by the card issuer(s)

Editorial Note Our team of editors rate credit card offers unbiasedly in light of the components the credit card offers purchasers, expenses, financing costs, and how a credit card is related by category. The evaluations are the master supposition of our editors, and not affected by any compensation this site gets from the credit card issuer(s).