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Merrick Bank Credit Cards

We found 1 Merrick Bank credit cards. Read on to get more insights.

Merrick Bank
3.25
By Hanna Volkava
Updated November 01, 2024
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Merrick Bank Secured Credit Card

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Secured MastercardĀ® Merrick Bank
Annual fee:
$36 for first year. Billed $3 per month thereafter
Regular APR:
22.70% Variable
Our Rating:
3.2
scorer
Credit score
No Credit History to Poor (0-579)
    • Issuer name:
      Merrick Bank
    • Details:

      The Merrick Bank Secured MastercardĀ® credit card is a card designed for building or rebuilding credit. The cardholderā€™s initial credit line will be equal to the amount of their security deposit, which can be between $200 and $3,000.

      The Annual Fee is $36 the first year. Billed $3 dollars per month thereafter.

      The Card's APR: 22.70% Variable for purchases.

      The Secured MastercardĀ® credit card reports to all three major credit bureaus.

      Read full review

    • Pros:
      • Up to $3000 credit limit
      • Reports to three major credit bureaus
      • You donā€™t need a bank account to apply
      • Access to FICO score
      • Low APR
    • Cons:
      • No rewards or intro offers
      • $200 minimum deposit
      • Extra fees
      • $36 annual fee
    • Benefits:
      • Monthly Reporting to the 3 Major Credit Bureaus;
      • $0 Fraud Liability;
      • Low interest;
      • FICOĀ® Score for Free Each Month.
    View all Secured MastercardĀ® details
    Apply now
    On Merrick Bankā€˜s site
    Card detail

    How to Choose the Right Merrick Bank Credit Card?

    Choosing the best credit card from a specific credit card company is quite hard. Considering Merrick Bank, there are three steps that can help you.

    First and foremost, you should check your credit score. It varies from "Poorā€ to ā€œExcellentā€, and the higher your credit is, the better Merrick Bank options of credit cards are available to you.

    Then, you need to decide on why you need a Merrick Bank credit card and determine the most crucial features your future credit card should have. If you search for a credit card to improve your credit score, then look for those with large grace period and no annual fee. If you want to avoid spending money on interest, Merrick Bank credit cards with the smallest interest and introductory rates are your option. In case you need a credit card with cashback, check the rewards program the Merrick Bank offers.

    Finally, try tocompare the Merrick Bank credit cards you find the best for you, but considering all the features. Overall, the perfect credit card fits the following characteristics: low annual percentage rate (APR), no fees, high credit limit, the finance charge calculations include one billing cycle only, and great rewards and sign-up bonuses. You can easily compare Merrick Bank credit cards in the table below.

    Side-by-Side Comparison of Merrick Bank Credit Cards

    Card Name APR Annual fee Rewards Intro offer
    Secured MastercardĀ®22.70% Variable$36
  • This card doesn't offer cash back, miles or points.
  • No current offer.
    • Double Your LineĀ® MastercardĀ®23.70% - 29.95% *Variable$0 - $72
  • This card doesn't offer cash back, miles or points.
  • No current offer.
    • Double Your LineĀ® Secured MastercardĀ®22.70% Variable$36
  • This card doesn't offer cash back, miles or points.
  • No current offer.

    • Conclusion

    Today, Merrick Bank provides a range of credit cards with numerous options, yet itā€™s better to find the best one for you.

    Hanna VolkavaHanna Volkava

    Financial and product expert

    hv@myfin.us

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