Merrick Bank Secured Credit Card
- Choose your own credit line based on how much money you want to put down as a security deposit.
- Initial deposits can be from $200 to $3,000. You can increase your credit line at any time by adding additional money to your security deposit, up to $3,000.
- After 9 months, we review your account for a credit line increase. No additional deposit required!
- Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
- Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
- Get your FICO® Credit Score for free each month.
- Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with available Auto Pay and account alerts.
- Card issued by Merrick Bank, Member FDIC.
Credit Needed: Fair, Average, PoorCreditWeb considers the following based on credit types:
A credit score between 601 and 699 is considered fair credit. A credit score below 600 is considered poor credit. 2
Reviews: Be the first to write one
Rewards: None
| Annual Fee |
Balance Transfers APR |
Purchase Intro APR |
Regular APR |
| $36 for first year. Billed $3 per month thereafter |
N/A |
N/A |
22.70% Variable |
|
