Merrick Bank Official Site (2024)

FAQs

How do I know if I was approved for Merrick Bank credit card? ›

Merrick Bank Credit Card Approval Process Details

If you're approved, your new credit card should reach you in about 7-10 business days. In case your application is denied, you could try calling (800) 204-5936 to ask the issuer for a reconsideration.

The Merrick Bank Credit Card card accepts applicants with a credit score of 500. That means people with bad credit have a shot at getting approved for the Merrick Bank Credit Card card.

Merrick Bank is a safe, legitimate bank owned and operated by financial services company CardWorks, Inc. Merrick Bank Corporation was founded in 1997 and accredited by the Better Business Bureau in 2012.

The Merrick Bank Secured Credit Card is a fully secured credit card, which means your credit limit will be determined by the amount of your security deposit. That limit/deposit can be anywhere from $200 to as much as $3,000.

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.

If you're approved, it could take up to two weeks for you to receive your Secured Credit Card in the mail.

The starting credit limit for a Merrick Bank credit card is $200-$550, depending on the card you choose to apply for. Everyone approved for the Merrick Bank Credit Card card will have a credit limit of at least $550, and the Merrick Bank Secured Credit Card's minimum security deposit is $200.

If you don't pre-qualify for the Merrick Bank Secured Card, you could get the Merrick Bank Secured Credit Card. This card is also marketed toward people with bad credit. This card requires a refundable security deposit of at least $200, making it easier to get. The amount of your deposit determines the credit limit.

Frequently asked questions

Merrick Bank will double your credit line for the Merrick Bank Double Your Line^® Mastercard^® after you make at least the minimum payment due on time every month for seven months.

Enjoy the advantages of a Merrick Bank Visa credit card with no penalty rates and no “up to” credit lines. The Double Your Line™ card means you can double your credit line by making at least your minimum payment on time each month for the first 7 months your account is open.

What Bank owns Merrick Bank? ›

While Merrick Bank's corporate office is located in Utah, Merrick Bank's parent, CardWorks L.P., and affiliate, Cardholder Management Services, LLC (CMS) are both based in New York.

Owning more than two or three credit cards can become unmanageable for many people. However, your credit needs and financial situation are unique, so there's no hard and fast rule about how many credit cards are too many. The important thing is to make sure that you use your credit cards responsibly.

If you're just starting out, a good credit limit for your first card might be around $1,000. If you have built up a solid credit history, a steady income and a good credit score, your credit limit may increase to $5,000 or $10,000 or more — plenty of credit to ensure you can purchase big ticket items.

On our list, the card with the highest reported limit is the Chase Sapphire Preferred® Card, which some say offers a $100,000 limit. We've also seen an advertised maximum credit limit of $100,000 on the First Tech Odyssey Rewards™ World Elite Mastercard®, a credit union rewards card.

There's no magic amount of credit that a person “should” have. Take as much credit as you're offered, try to keep your credit usage below 30 percent of your available credit and pay off your balances regularly. With responsible use and better credit card habits, you can maintain a good credit score.

Major credit card issuers have customer service phone lines that you can usually use to check an application status. The line might quickly lead to a specialist who can provide detailed information about your credit card application, if available.

You can check your credit card application status either online or over the phone, depending on the credit card company. Many credit card applicants receive a decision within minutes, but it can take longer if the issuer needs more information or if it's a close call between approval and rejection.

To get a Merrick Bank replacement card call customer service at 1 (800) 204-5936. There is no fee to get a Merrick Bank replacement card, which should arrive within 7 - 10 business days. By Phone: Call customer service at 1 (800) 204-5936.