Merrick Bank Review: Benefits, Rewards, Fees, and Customer Service

Merrick Bank is a Utah-based financial institution that offers credit cards to consumers across the United States. The bank was founded in 1997 and has since become a popular option for individuals looking to rebuild their credit scores. Merrick Bank offers both secured and unsecured credit cards, making it a great option for individuals with varying financial situations. The bank boasts easy application processes, competitive fees, and reasonable interest rates. When looking for a credit card provider, it’s important to find a company that matches your financial goals and lifestyle. In this article, we’ll take a comprehensive look at Merrick Bank’s credit cards, rewards programs, fees, and customer service to help you determine if it’s the right credit card provider for you.

Benefits of Merrick Bank Credit Cards

Merrick Bank offers several benefits to its credit card users, such as:

  • Secured and unsecured credit cards that can help individuals rebuild their credit scores
  • Easy online application process with instant approvals
  • Low account opening fees compared to other credit cards
  • Competitive APR rates for credit cards
  • 24/7 access to online account management and customer support

In addition to these benefits, Merrick Bank’s credit cards also come with rewards programs that allow users to earn cash back, travel points, and gift cards. The bank’s rewards programs have some limitations and restrictions that users should be aware of, but they still provide a valuable perk for those who use their credit cards frequently. To learn more about Merrick Bank’s specific credit card offerings, please visit their official website.

Is Merrick Bank Credit Card Legit?

Yes, Merrick Bank is a legitimate credit card issuer. They are a reputable financial institution with over 25 years of experience in the industry. Here are some facts that support this claim:

  • Merrick Bank is a member of the FDIC, which provides insurance for customer deposits.
  • The bank has an A+ rating with the Better Business Bureau.
  • Merrick Bank offers competitive interest rates and benefits for their credit cards.

Overall, Merrick Bank is a trustworthy option for those looking for a credit card. However, it is important to always read and understand the terms and conditions before accepting any credit card offer.

Rewards Programs with Merrick Bank Credit Cards

Merrick Bank offers rewards programs with their credit cards, allowing users to earn points that can be redeemed for cash back, gift cards, and travel. Here are some key details about the rewards programs:

Rewards Program Key Features
Merrick Bank Double Your Line™ Platinum Visa® Credit Card
  • Users can earn up to $1,000 in credit line increases within the first 7 months of opening the account
  • Monthly credit bureau reporting to all 3 major credit bureaus
  • No penalty APR, no application fees, and no over-limit fees
Merrick Bank Secured Visa® Credit Card
  • Users can earn 1% cash back on eligible purchases
  • Reports to all 3 major credit bureaus
  • Users can receive a higher credit line in as little as 6 months with responsible use of the card

Users of Merrick Bank’s rewards programs should also be aware of the following:

  • Points expire after 36 months from the date they were awarded
  • There is a cap on the number of points that can be earned per billing cycle
  • Points cannot be earned on cash advances or balance transfers

To learn more about Merrick Bank’s specific credit card offerings and rewards programs, visit their official website

What credit cards does Merrick Bank offer?

Merrick Bank offers three credit card options:

  • Platinum Visa Card
  • Secured Visa Card
  • Double Your Line Visa Card

Each card has different features and benefits. To learn more, visit the Merrick Bank website.

Fees Associated with Merrick Bank Credit Cards

While Merrick Bank credit cards offer several benefits and rewards, it’s important to be aware of the fees associated with these cards. Here are some key fees to keep in mind:

  • APR rates vary depending on the credit card, ranging from 17.45% to 29.70%
  • Annual fees for Merrick Bank credit cards range from $0 to $72, depending on the credit card
  • There is a cash advance fee of either $10 or 4% of the amount of each cash advance, whichever is greater
  • Users may be charged a late payment fee of up to $40 if they don’t make their minimum payment on time
  • Users also may be charged a returned payment fee of up to $40 if their payment is returned for insufficient funds

It’s important to note that fees may vary depending on the credit card and the individual’s creditworthiness. It’s also recommended that users carefully read the terms and conditions before signing up for a Merrick Bank credit card to make sure they understand all fees and charges associated with the card.

To learn more about the specific fees and charges associated with Merrick Bank credit cards, visit their official website.

What fees does Merrick Bank charge?

Merrick Bank is a full-service bank that offers credit cards and loans to individuals. They charge the following fees:

  • Annual fee: Some Merrick Bank credit cards have an annual fee ranging from $0-$72, which is charged yearly.
  • Late payment fee: Merrick Bank charges a late payment fee of up to $40 if you don’t make your minimum payment by the due date.
  • Returned payment fee: If your payment is returned for any reason, Merrick Bank charges a fee of up to $40.
  • Cash advance fee: If you use your credit card to get cash, they charge a fee of up to 4% of the amount advanced.
  • Foreign transaction fee: If you use your credit card for purchases outside of the United States, they charge a fee of 2% of the transaction amount in US dollars.

It’s important to read the terms and conditions of your Merrick Bank credit card or loan agreement to fully understand any potential fees that may be associated with your account.

Customer Service from Merrick Bank

Merrick Bank is known for providing excellent customer service to its credit card users. Here are some ways that Merrick Bank goes above and beyond to serve its customers:

  • 24/7 customer service support is available via phone, email, or secure message
  • Online account management is available so users can track their purchases, payments, and rewards
  • Customers can make payments online or through the Merrick Bank mobile app
  • Users can access their FICO credit score for free each month to track their credit health
  • The Merrick Bank website also offers a variety of helpful resources, including credit education tools and financial calculators

In addition to providing excellent customer support, Merrick Bank also has a reputation for being responsive and accommodating to its users’ needs. If users encounter any issues with their credit card, they can easily reach out to Merrick Bank’s customer support team for assistance.

To learn more about Merrick Bank’s customer service and support, visit their official website or log in to your account to access their resources.

Is Merrick Bank having issues?

  • It is currently unclear if Merrick Bank is experiencing any issues at this time.
  • There have been no recent reports of major issues with the bank or its online services.
  • If you are experiencing any issues or have concerns, it is recommended to contact Merrick Bank directly for assistance.

Final Thoughts on Merrick Bank

If you’re looking for a credit card that can help you build your credit, while also offering rewards and competitive rates, then Merrick Bank may be a good option for you. Here are some final thoughts to help you decide if Merrick Bank is the right credit card provider for you:

The Benefits of Merrick Bank

  • Merrick Bank offers secured and unsecured credit cards to help users build their credit history
  • The rewards programs can be a great incentive to use your credit card frequently, earning you points towards cashback, travel rewards, and other benefits
  • The fees associated with Merrick Bank credit cards are generally low and easy to understand
  • The customer support team is available around the clock to help answer any questions you may have

Considerations for Merrick Bank

  • While the rewards programs are generous, there are some restrictions that may make it difficult to earn rewards on certain purchases
  • The fees associated with Merrick Bank credit cards can be high if users miss a payment or take a cash advance


Overall, Merrick Bank credit cards can be a great option for those looking to build or rebuild credit. With their low fees, rewards programs, and excellent customer service, Merrick Bank is a solid choice for credit card users. However, as with any credit card, it’s important to read the fine print and understand the terms and conditions before committing to a new account. Be sure to shop around and compare credit card providers to find the best option for your financial needs.

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