Merrick Bank Credit Cards Reviews

The highest credit limit for Merrick Bank is $3,000, for the Merrick Bank Secured Card. The actual credit limit for this card is determined by the amount a cardholder puts down for the card's required security deposit, which starts at $200.

Merrick Bank does not disclose its highest credit limit for the unsecured Merrick Bank Credit Card. The card does set an initial credit limit ranging from $550 to $1,350 upon approval, though. The information on your application will determine where within the range your exact credit limit will be.

Fortunately, the initial credit limit you receive with the Merrick Bank Credit Card may only be for the short-term, thanks to the card's “Double Your Line” feature. After you use the Merrick Bank Credit Card and pay at least the minimum amount due on time for the first seven months you have the card, you'll be eligible for the double credit line increase.

Yes, Merrick Bank is a legitimate credit card company. It issues both Visa and Mastercard credit cards, and it has nearly three million customers. This company is specialized in helping customers build or rebuild their credit.

Here's why Merrick Bank is legit:

• Merrick Bank is an authorized company, founded in 1997. 
• Merrick Bank has been accredited by the Better Business Bureau (BBB) since 2012. It also has an “A” rating from BBB.
• Nearly 3 million people have a Merrick Bank credit card.
• All Merrick Bank credit cards benefit from zero liability protection, so you won't be held responsible for unauthorized charges made with your card or account information.

As you can see, Merrick Bank is a legit company. However, whether a Merrick Bank credit card is the best option for you depends on your unique financial needs. The Merrick Bank Classic Secured Credit Card, for example, is a good way to start building or rebuilding your credit, as it is open to applicants with bad credit. 

Here are some of the best Merrick Bank credit cards:

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

You can get a Merrick Bank credit card limit increase by using your card and paying the bill on time for the first seven months you have one of Merrick Bank's unsecured credit cards. Your credit limit will automatically be doubled.

After that, Merrick Bank will review your account each year to decide if it's fit for an increase. You can improve your chances of qualifying for one by always paying your bills in full by their due date. A higher income and credit score than when you were approved for the card couldn't hurt either.

Alternatively, if you have a Merrick Bank secured card, you can increase your credit limit by calling (800) 204-5936 and adding to your security deposit.

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. Applicants with credit scores below 640 who are looking to rebuild their bad credit can get approved for all three Merrick Bank credit cards: the Merrick Bank Classic Secured Credit Card, the “Double Your Line" secured card, and 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.