Credit Cards

[hunting_bears]

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.

[casinoannie97]

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

[SJP57]

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

[hunting_bears]

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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

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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).

[concorduser]

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.