The Merrick Bank Secured Card accepts people with a 300+ credit score. This means that your chances of approval are high, even if you have bad credit.

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Merrick Bank Secured Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.

Yes, the Merrick Bank Secured Card can graduate to a partially-unsecured account if you use the card responsibly for at least a year. After the first year, Merrick Bank will periodically review your credit line, and your limit may be increased without needing to add to your security deposit.

In addition to that, if you manage to keep a good payment history, they may "pre-approve" you for their unsecured offering. With that said, it's...

The highest credit limit for a Merrick Bank credit card is $3,000. You can get the maximum Merrick Bank credit limit by placing a $3,000 deposit on the Merrick Bank Secured Card or by getting the unsecured Merrick Bank Credit Card and paying the bills on time for several months.

With the unsecured Merrick Bank Credit Card, the initial credit limit could be $300 to $1,350 when you're approved. The information on your application will determine where within the range...

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

• Merrick Bank is an authorized company, founded in 1997.
• Merrick Bank has been accredited by the Better Business Bureau (BBB) since 2012. It has a "B" rating from BBB.
• Nearly...

Yes, the Merrick Bank Secured Card does a hard pull. You can apply for it with bad (300+) credit, though.

You can check if you prequalify for the Merrick Bank Secured Card on Merrick Bank's website, which will not affect your credit score as it will be a soft pull. However, if you do prequalify and want to get the card, you will need to submit an actual application which will result in a hard pull.

Ultimately, it is worth noting...

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.

You can check your Merrick Bank Secured Card application status by calling 1-800-204-5936. When you call, you'll need to provide your date of birth, Social Security number and mother's maiden name so that Merrick Bank can match you to your application.  Merrick Bank does not allow you to check your application status online

How to Check Your Merrick Bank Secured Card Application Status

1. Call 1-800-204-5936.
2. Follow the automated prompts that lead to an application status check or...

You can make Merrick Bank Secured Credit Card payment online, by phone, through the Merrick Bank mobile app, or by mail. To pay your Merrick Bank Secured Card bill online, log in to your online account and click on “Pay Bill.” Then, choose how much to pay, when to pay it, and where the payment is coming from. Merrick Bank does allow cardholders to set up automatic payments, too.

Ways to Make Merrick Bank Secured Card Payment

• Online: Log in to your...

You need to fund a security deposit for the Merrick Bank Secured Card.

The minimum is $200, so you won't have to temporarily sacrifice too much cash. You can also add to your deposit whenever you want, up to a total of $3,000.

You cannot go over your Merrick Bank Secured Card credit limit.