Merrick Bank Credit Cards

You can pay your Merrick Bank credit card the following ways:

• Online
• In the Merrick Bank Mobile app for iOS and Android
• By phone at 1-800-204-5936
• By overnight payment at Merrick Bank, Attn: Lockbox Operations #660702, 2701 East Grauwyler Road, BLDG 1, Irving, TX 75061
• Via USPS Mail at Merrick Bank, P.O. Box 660702, Dallas, TX 75266-0702

You can even set up recurring or one-time payments in the Cardholder Center, if you choose to.

There is only one Merrick Bank unsecured credit card: the Merrick Bank Platinum Visa. This card is sometimes referred to as the "Double Your Line Visa," because it offers the opportunity to double your credit limit if you pay on time for the first 7 months the account is open. The Merrick Bank Platinum Visa is available to people with limited, but only people who have been pre-qualified can apply. If you haven't already received a pre-qualified offer from Merrick Bank by mail, you can check if you're pre-qualified online.

Merrick Bank does not list APRs or fees for the Merrick Bank Platinum Visa on their website. But you'll be able to see all of the details once you receive a pre-qualified offer. You can read the terms over before deciding to apply.

If you don't pre-qualify for the Merrick Bank Platinum Visa, the only Merrick credit card you will be able to get is the Merrick Bank Secured Visa Card. It is also marketed toward people with bad. It's easy to get approved for because it requires a refundable security deposit of at least $200, up to a maximum of $3,000. The amount of your deposit determines the credit limit. The annual fee is: $0. This card's APR is 17.45% (V).

You can get a Merrick Bank PIN by calling their customer service department at (800) 204-5936. Just remember that cash advances are extremely expensive, so best to avoid them unless it's an absolute emergency. On top of the cash advance APR, for which there is no grace period and starts accumulating from the moment of withdrawal, you'll also be subject to a cash advance fee.

Merrick Bank is a legitimate credit card company. It is a top 20 credit card issuer with nearly two million customers, specializing in helping customers establish, re-establish, or rebuild their credit.

Also, applying for the Merrick Bank Secured Visa Card (their most popular offering) is a good way to start building your credit, if you can live with its annual fee.

In order to apply, you will need to submit a security deposit, which will act as your credit line and will be refunded to you in full upon closing your account.

You can also check out other secured credit card offers, as well as find some additional tips on how to improve your credit and monitor your credit score for free, right here on WalletHub.

The Merrick Bank cash advance fee is 4% (min $10), slightly lower than the most typical cash advance fee, which is 5 percent of the amount withdrawn, or $10, whichever is greater.

It's very high, but cash advances usually come with very high fees. Furthermore, there's no grace period. So you'll start getting charged interest at this absurdly high rate immediately.

It's probably in your best interest to avoid using anything but your debit card with an ATM.