Reviews
Merrick Bank Secured Credit Card full review: should you get it?
If you're looking for a card to build credit with a good credit limit, read our Merrick Bank Secured Credit Card review to learn more!
Advertisement
Merrick Bank Secured Credit Card: build your credit
The Merrick Bank Secured Credit Card is a product designed for anyone who needs to build or rebuild their own credit.
Merrick Bank Secured Card: check out how to apply!
Apply for the Merrick Bank Secured Card to get a high credit line of up to $3,000 and start building your credit score!
In fact, while you see your credit score growing, you can count on many advantages. Learn more about this card below:
| Credit Score | Low |
| Annual Fee | $36 paid in one go for the first year. Next, $3 per month |
| Regular APR | 20.45% variable APR for purchases and 25.45% variable APR for cash advances |
| Welcome bonus | None |
| Rewards | None |
Merrick Bank Secured Card: learn more about this financial product
Indeed, this card is designed for people who need to build or rebuild credit. Therefore, it has all the essential basic services for this purpose.
With this card, your payments are reported to the three largest credit agencies in the country. Plus, your security deposit must be between $200 to $3,000.
Also, this is a Mastercard card, accepted almost anywhere in the country.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Merrick Bank Secured Credit Card features
Indeed, this is a very popular card among people looking to boost their credit scores.
However, compared to other options on the market for the same purpose, we find the following advantages and disadvantages. See below!
What are the benefits?
- Great for building credit: reporter At the top 3 credit bureaus in the country;
- Accepts applicants with bad credit scores for credit building or rebuilding;
- Review of your credit limit.
And what are the drawbacks?
- Annual fee collection;
- 2% foreign transfer fee;
- Requires a security deposit;
- No welcome bonus or reward program;
- You won’t get an automatic credit limit increase.
What credit score do you need to get the Merrick Bank Secured Credit Card?
Indeed, this card is designed for anyone who needs to build or rebuild credit. For this reason, we recommend it to people with bad credit. However, there is no set minimum score.
How does the Merrick Bank Secured Credit Card application process work?
Learn how to apply for this card without queueing or leaving your house. So, read our post below to learn about this card’s application process!
Merrick Bank Secured Card: check out how to apply!
Apply for the Merrick Bank Secured Card to get a high credit line of up to $3,000 and start building your credit score!
Trending Topics
OneMain Financial Loan Review: Up to $20,000!
Find out how you can get a loan of up to $20,000 with good terms by reading our OneMain Financial Loan review!
Keep Reading
Enjoy low rates: Apply for Navy Federal Student Loan
Find out how to apply for a Navy Federal student loan and enjoy the benefits of a trusted and reputable lender! Flexible terms! Read on!
Keep Reading
Honest Loans: find out how to apply!
Apply to Honest Loans and get access to many lenders willing to offer up to $50,000 in loans within one business day. Read on to learn more!
Keep ReadingYou may also like
Apply for Quick Capital Cash Loan: Quick Access to Cash
Learn how to apply for Quick Capital Cash Loan in a few simple steps and get up to $5,000 in funds quickly with minimal paperwork.
Keep Reading
Alaska Airlines: cheap flights and offers
Alaska Airlines offer incredibly cheap flights. You can cross the country for just $49! Learn how to take advantage of these offers:
Keep Reading
FIT™ Platinum Mastercard® review: should you get it?
Build or rebuild your credit with a card you trust and can offer up to a $400 starting limit. Discover the FIT™ Platinum Mastercard® review.
Keep Reading