The Merrick Bank Secured Credit Card offers a simple way to take control of your financial future while enjoying exclusive Mastercard® benefits. With flexible credit limits based on your security deposit, this card provides a strong foundation for responsible credit use.
Every month, your payment history is reported to the three major credit bureaus, helping you build a solid credit score over time. Plus, you’ll receive your FICO® Score for free each month, making it easy to track your progress and stay on top of your financial health.
Why the Merrick Bank Secured Credit Card is for You
Unlike traditional credit cards, this secured option puts you in control of your credit line—deposit as little as $200 or as much as $3,000 to set your own limit. Merrick Bank also reviews accounts for periodic credit line increases without requiring an additional deposit.
Security is a top priority, and with $0 fraud liability, you’re protected against unauthorized transactions. Plus, as a Mastercard® holder, you gain access to exclusive perks, including special offers and travel benefits.
Pros and Cons of the Merrick Bank Secured Credit Card
Pros
- Monthly Reporting to Major Credit Bureaus
- Helps improve your credit score by reporting payment history to all three major bureaus.
- Free FICO® Score Each Month
- Stay informed about your credit status without any extra cost.
Cons
- Security Deposit Required
- A refundable deposit is needed to open an account, starting at $200.
- No Immediate Credit Line Increases
- While reviews for increases occur periodically, they are not guaranteed.
How to Apply for the Merrick Bank Secured Credit Card
Getting started is easy! Click the button below to apply and secure your credit limit today. With responsible use, this card can be your stepping stone to a brighter financial future!