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Closed my Merrick Bank credit card ...

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RCFL
Frequent Contributor

Closed my Merrick Bank credit card ...

Closed it earlier and am happy about it! No more $3 a month fee just to keep the card !!
Message 1 of 15
14 REPLIES 14
newUser0
Established Contributor

Re: Closed my Merrick Bank credit card ...

I got my card today Morning.

LOL Do they have fees?

Message 2 of 15
bigblue7722
Valued Contributor

Re: Closed my Merrick Bank credit card ...

congrats on closing the card. and yes they do have fees. I almost took their offer last year i am glad I stayed away. 

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.
Message 3 of 15
Kenny
Moderator Emeritus

Re: Closed my Merrick Bank credit card ...

Yay! I love to read these types of threads. Congratulations on a job well done! Smiley Wink
Message 4 of 15
RCFL
Frequent Contributor

Re: Closed my Merrick Bank credit card ...

Yes they do have fee. For me, it was 36$ a year but they won't take a one time 36$ fee. They take it monthly($3 a month) and it's on the statement closing date so it's impossible to have a zero balance on the account! They helped me rebuilt though - was their customer since 2011. I now have better reward cards so closing them seems right. :-)
Message 5 of 15
newUser0
Established Contributor

Re: Closed my Merrick Bank credit card ...

I am pretty sure, for me they said No Fees of anything. Need to check to make sure again.

Message 6 of 15
bigblue7722
Valued Contributor

Re: Closed my Merrick Bank credit card ...


@newUser0 wrote:

I am pretty sure, for me they said No Fees of anything. Need to check to make sure again.


http://www.mbdot.com/docs-repository/merrick-bank/Merrick-Unsecured-Pricing.pdf

AMEX PRG NPSL,Lowes $17000,Capital One venture card $12,000,Us Airways mastercard $9500,Fidelity Amex $9000, Discover it $8000, Capital One Venture One $7500, BOA 123 rewards $7500 CSP $6000, Capital One Quicksliver $5500, Amazon Store card$5000,Barclay
Card Ring $5000 Chase Marriott $5000,Chase Hyatt $5000, Sallie Mae Mastercard $4400, Paypal smart connect $4000,Chase Freedom $3200, Capital one Quicksliver visa $3000, Chase IHG Rewards $2300, Chase Southwest Premier $2000, Citi Double Cash $1500, AMEX BCE $1000

Last app July 22nd 2015- No apps for two years.
Message 7 of 15
newUser0
Established Contributor

Re: Closed my Merrick Bank credit card ...

Just checked again The card, I got, Has $0 For all of the thing. 

 

Started with $900 CL. May grow or not. 

But. No rewards for suing this

Message 8 of 15
newUser0
Established Contributor

Re: Closed my Merrick Bank credit card ...

*Using this

Message 9 of 15
IrishPM
Frequent Contributor

Re: Closed my Merrick Bank credit card ...

You have a fee on your card? Is that typical? I have a Merrick Bank Visa by default...it's a holdover from the old Hooters Mastercard that was discontinued so Merrick issued me a standard Visa card with no rewards points. I have a $3,000 CL with them that carries a zero balance each month because I never use it. I'd rather use my AMEX Blue Cash Everyday card or one my other rewards CC's to get something back in return.

Message 10 of 15
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