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Merrick Bank Secured Credit Card

Apply Now

on Merrick Bank's secure site

Credit Line

Upon approval, you’ll have an initial credit line based on your $200 -$3,000 deposit - It’s up to you!

Fraud Liability

$0 fraud liability for unauthorized charges.

Worldwide Acceptance

Use it anywhere Mastercard is accepted.

Highlights

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.

Rates

Intro Purchase APR: N/A
Regular Purchase APR: 22.70% Variable
Intro Balance Transfer APR: N/A
Regular Balance Transfer APR: N/A
Regular Cash Advance APR: 27.70%
Penalty APR:

Fees

Annual fee: $36 for first year. Billed $3 per month thereafter
Balance transfer fee: N/A
Cash advance fee: 4% Min: $10
Foreign exchange fee: 2%
Late fee: Up to $40

The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.