Secured Card
Min Deposit of $200
One-Time Fees
$0
22.20% (V)
annual fee
$36 1st yr, $0 after
monthly fee
$0 1st yr, $3 after
Bad
Pros
Cons
Additional Info
One-Time Fees
$0
29.45% - 34.20% (V)
annual fee
$0 - $72 1st yr, $0 after
monthly fee
$0 1st yr, $0 - $6 after
Bad
Pros
Cons
Additional Info
One-Time Fees
$0
29.24% (V)
annual fee
$75 intro 1st yr, $99 after
monthly fee
$0
rewards rate
0 - 1% Cash Back
Bad
Pros
Cons
Rewards Details
Additional Info
Secured Card
Min Deposit of $200
One-Time Fees
$0
26.74% Variable (Rates as of December 15, 2025)
annual fee
$0
monthly fee
$0
rewards rate
1 - 2% Cash Back
Bad
Pros
Cons
Rewards Details
Additional Info
Secured Card
Min Deposit of $200
One-Time Fees
$0
29.49% (V)
annual fee
$0
monthly fee
$0
rewards rate
1.5 - 5% Cash Back
Bad
Pros
Cons
Rewards Details
Additional Info
Get answers to your questions about Merrick Bank Credit Card Reviews below. Editorial and user-generated content is not provided, reviewed or endorsed by this issuer. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered. In addition, WalletHub independently collected information for some of the cards on this page.
Merrick Bank is not a very good credit card company because its credit cards have high APRs, costly fees and no rewards. The main benefit of a Merrick Bank credit card is that it gives people with bad credit the opportunity to improve their credit score through responsible use.
Merrick Bank credit cards have an average user rating of 3.6/5 on WalletHub, based on more than 2,000 reviews, only about 41% of which are 5 stars. All card issuers have strengths and weaknesses, however, and people's experiences with credit card companies can vary widely.
If you find that the best credit card for your needs is from Merrick Bank, you may still want to apply. After all, Merrick Bank does offer cards such as the Merrick Bank Credit Card that automatically doubles your credit line if you pay at least the minimum payment on time for the first seven months your account is open.
Merrick Bank is a legitimate credit card company that specializes in helping customers build or rebuild their credit. Merrick Bank has been BBB-accredited since 2012 and issues Mastercard credit cards to nearly three million customers.
Reasons Why Merrick Bank is a Legitimate Company
You can request a Merrick Bank credit limit increase by calling customer service at 1(800) 204-5936. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income Merrick Bank has on file. Merrick Bank will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.
...It usually takes anywhere from two business days to two weeks to get approved for a Merrick Bank credit card. If you're approved, your new credit card should reach you in about 7-10 business.
Keep in mind that you can check your Merrick bank application status either online or over the phone at (800) 253-2322.
Yes, Merrick Bank is for bad credit as it accept applicants with credit scores below 640. People looking to rebuild their credit may be approved for either the Merrick Bank Secured Credit Card or the Merrick Bank Credit Card.
All of Merrick Bank's credit cards also report account activity to the three major credit bureaus, which is a key feature if you're trying to rebuild credit.
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