Merrick Bank Secured Visa® from Merrick Bank

Credit Card Details

Initial deposits can be from $200 to $3,000

Card Brand Visa

Credit Recommended See website for Details*

Regular Purchase APR 17.45% Variable

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

Intro Purchase APR N/A

Intro Balance Transfer APR N/A

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. As you pay your bill every month, we report to all three major credit-reporting agencies.
Get 100% U.S.-based customer service & 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 Auto Pay and account alerts.
Card issued by Merrick Bank, Member FDIC.

Regular APR	17.45% Variable
Annual Fee	$36 for first year. Billed $3 per month thereafter
Intro (Purchases)	N/A
Intro (Transfers)	N/A
Credit Recommended	See website for Details*
Cash Advance APR	22.45% 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 Trans Fee	2%
Balance Transfer Fee	N/A

5 out of 5 stars (based on 2 reviews)

Excellent100%

Very good0%

Average0%

Poor0%

Terrible0%

October 2, 2020

I like what I have read so far

Lisa

September 12, 2020

I like the review very much this is for me and anyone likel me with bad credit. We still have an opportunity to get credit and build better credit.

Irene chavez