Reply
New Contributor
Posts: 112
Registered: ‎10-05-2007
0

Re: Geico Platinum mastercard?

I've had the card for over a year now and I've had 3 CLIs within that time period.  I PIF each month (mostly) and the reason I think I got the CLI because I placed big charges that got me close to my limit.  I never requested them.  Again I'm not sure and never asked.
 
Starting CL: 1200
CLI 1: 2800
CLI 2: 3500
CLI 3: 4200 (happened about two months ago)
 
I've had great experience with them.  They have good phone customer service and a nice website (although kinda bland).  The only problem I had with them was when it came time for my replacement card.  Merrick updated my account with the new card information before I got it.  That caused my Geico insurance premium to decline and I had to pay it by EFT.  But customer service was really nice and told me my car insurance wouldn't cancel because it was their fault if I waited to pay.
Valued Contributor
Posts: 1,986
Registered: ‎08-17-2007
0

Re: Geico Platinum mastercard?

[ Edited ]
this card is issued by merrick.  watch it.  i don't know about geico but merrick is good with increases but will raise your interest to 35% just because they can.


Message Edited by casinoannie97 on 10-30-2007 10:11 AM
Established Member
Posts: 20
Registered: ‎10-30-2007
0

Re: Geico Platinum mastercard?

whenever i pay my geico bill online, i get a preapproved offer...i looked at my CR, they have pulled a soft every other month..thats alot...listed under Geico/Merrick Bank....im thinking that has to do with credit as opposed to insurance underwriting

Starting Score: 586
Current Score: 732
Goal Score: 800


Take the FICO Fitness Challenge
New Contributor
Posts: 112
Registered: ‎10-05-2007
0

Re: Geico Platinum mastercard?



SJP57 wrote:
whenever i pay my geico bill online, i get a preapproved offer...i looked at my CR, they have pulled a soft every other month..thats alot...listed under Geico/Merrick Bank....im thinking that has to do with credit as opposed to insurance underwriting



I have the same thing but the CR should tell you when the pulls are for insurance underwriting.  It should say something like Purpose: Insurance Underwriting. 
 
I think they're like any other bank, trolling CRs to see if you're messing up so they can hit you with Universal Default.  Cap One does the same thing with all their soft pulls (although I have a CC and a MMA account with them).
Super Contributor
Posts: 6,026
Registered: ‎09-18-2007
0

Re: Geico Platinum mastercard?

I was approved for $1000.00 for Hooters card and declined for GEICO Card. Both Offered by Merrik Bank. I guess they don't to give both cards to same customer. I'll wait another 6 months and apply for GEICO Card. However Merrick interest rates are outrageous. I always PIF so I am ok.

Get a myFICO recommended credit card

Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.