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Senior Contributor
john398
Posts: 3,517
Registered: ‎01-19-2009
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa


tammyjk wrote:

Just got my letter as well :smileysad:  But on the bright side, I checked my account and they gave me 350 cli.  I hope it does show the same open date ect.  I would hate to lose points over a Hooters card..geeeez  I am betting that my regular cli's will go bye bye too.  I was getting used to them. I am just re-reading this letter and it says we will be getting new account numbers.  They will have to show the old ones as closed correct?  I dont think that can be good for a score.



Yes has to be new account numbers as Visa starts with a 4 and MC a 5

 

Congrats on your CLI

Regular Contributor
IrishPM
Posts: 181
Registered: ‎04-17-2008
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa

I received the letter too. June 22nd is the day that is supposed to be when new cards will be issued. The only reason why I had the hooters mastercard was for the rewards points so I could cash them in for the gift cards. I managed to spend enough on the card that each year I redeemed two $50 gift cards so it was somewhat worth it. Reading some reviews about Merrick Bank and they're about 50/50 like/dislike so we'll see how they do. I don't like the idea of being associated with a bank that is considered "subprime" or issuer of Visa cards for "those rebuilding their credit". I'll sock drawer it now since there's no incentive to use it and no rewards points. 

Established Contributor
ChesterPDexter
Posts: 618
Registered: ‎06-18-2007
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa

[ Edited ]

Oh Happy Day!  I hate the Hooters logo on the card.  It'll be awesome to have a respectable card to use in public without embarrassment. :smileyhappy:

 

I just looked online and I have not used that card yet this year.  I'd better use it soon.   

 

...oops, I read wrong, it's a $3,500 credit limit. 

_________________________________________________________
Too many accounts; too many debts; lots of open credit, and lots of utilized credit. Scores somewhere in the 600s - I have no earthly idea exactly what number, but not 700 like it was, briefly.
Senior Contributor
john398
Posts: 3,517
Registered: ‎01-19-2009
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa

[ Edited ]

ChesterPDexter wrote:

Oh Happy Day!  I hate the Hooters logo on the card.  It'll be awesome to have a respectable card to use in public without embarrassment. :smileyhappy:

 

I just looked online and I have not used that card yet this year.  I'd better use it soon.   

...oops, I read wrong, it's a $3,500 credit limit. 


LOL that made me laugh out loud you can always use the current card for gas or something where you swipe it yourself

Established Contributor
CreditCrusader
Posts: 799
Registered: ‎09-27-2011
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa

Hooters just closed down their Fort Wayne Colisium location...wonder if something is up...

I'm Spartacus!

hr>Starting Score: EQ 546, EX 547, TU 580
Current Scores (lender): EQ 725 , EX FICO 720, TU 737 FICO scores>
Goal Score: 750
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Valued Contributor
scottwagnon
Posts: 1,344
Registered: ‎02-07-2010
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa

[ Edited ]

ChesterPDexter wrote:

Oh Happy Day!  I hate the Hooters logo on the card.  It'll be awesome to have a respectable card to use in public without embarrassment. :smileyhappy:

 

I just looked online and I have not used that card yet this year.  I'd better use it soon.   

...oops, I read wrong, it's a $3,500 credit limit. 


 

 

 is this your limit really? if so, it is the biggest limit i have heard of on a current hooters card. mine was 3200 before i closed it.

 

EX BankCard 8 FICO 820 (250-900) 04/08/14
TU FICO 806 (350-850) 04/10/14
EX VT 3.0 805 (300-850) TU VT 2.0 891 (501-990)
Credit.com score 798 (300 - 850) TU transrisk 772
card line up here: http://ficoforums.myfico.com/t5/Credit-Cards/How-Many-Credit-Cards-Do-YOU-have/m-p/1034512#M290859
Senior Contributor
john398
Posts: 3,517
Registered: ‎01-19-2009
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa


CreditCrusader wrote:

Hooters just closed down their Fort Wayne Colisium location...wonder if something is up...


Its probably just a franchise that closed

 

When I lived in Florida visited the original Hooters in Clearwater and I am sure they are  doing a booming business now just as they were than

Senior Contributor
john398
Posts: 3,517
Registered: ‎01-19-2009
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa

Just got another letter saying there sending me a hooters gift card for $6.36  for what was left in my account, guess that may buy a beer LOL

Established Contributor
swpopham
Posts: 550
Registered: ‎06-02-2012
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa

Got the same letter for $135.00 so at least I didn't lose my points
"As long as the music is playing, you've got to get up and dance," he said. "We're still dancing."---Prince CEO Citi Bank

"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale". ~Zig Ziglar
Established Contributor
heirophant
Posts: 532
Registered: ‎11-25-2007
0

Re: Hooters MasterCard Going Away being replaced by Merrick Visa

Mine is $4200....not to brag.  I have heard of even higher limits a few years ago.  I had a really crappy score in the 500's when approved.  They were giving out unbelievably large limits to people with bad credit back in 2007 and that is why I applied.  Should be lots of posts about this from then because i heard about it on these boards and was not dissappointed when I applied.  It started with a 3K limit.  I will keep and use the Merrick card when it comes.  I have a lot of love for Merrick for their goodwill when my credit was crap.  

FICO's: TU: 682 EX: 688 EQ: Unknown

In my wallet (strikethough are getting the axe soon): Amex Rewards Plus Gold | BECU: 10,000 | AlaskaUSA FCU: 6,900 | Citi Forward 6,500 | BOA Travel Rewards: 5,000 | US Bank Cash+: 5,000 | Merrick: 4,200 | Chase Freedom: 3,500 | Juniper: 3,100 | Household: 2,450 | Best Buy Reward Zone: 2,000 | Cap1: 1,500 | Cap1: 750 | Bailey's Furniture: 3,100 | Lowes: 4,500 | Care Credit: 2,000 | Zales: 1,400 | Kohls: 400 | Sam's: 5,200 | Walmart: 1,100 | Discover More: 1,000

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