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

I must be moving up in the world! (Merrick Bank)

These last ten years I've spent with never a late payment to anyone and the multiple large lines of credit I've cultivated have really elevated me in the eyes of Merrick Bank, which I've been with since about 2003.  They must recognize the excellent credit risk I am, and they've rewarded my loyalty.

 

I got a notice from Pageonce that my APR decreased by 2%.  It was 32.45% and now it's 30.45%

 

:smileyindifferent:

_________________________________________________________
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.
Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: I must be moving up in the world! (Merrick Bank)

:smileyvery-happy:

Regular Contributor
DeadSpider
Posts: 244
Registered: ‎07-29-2012

Re: I must be moving up in the world! (Merrick Bank)

:robotlol: My Freedom is wayyyyyy better at 29.99 APR.

Cap1 QS $11500, Freedom $5000K, Slate $8000 Amex Sky $2000K, Discover IT $4400, BCE $8800, NFL $1500, Lowes $7000

Starting Score: 0
Current Score: 742
Goal Score: 800


Take the FICO Fitness Challenge
Established Contributor
shakalaka
Posts: 547
Registered: ‎09-10-2012

Re: I must be moving up in the world! (Merrick Bank)

:smileyvery-happy: Wow, nice

 


Amex Platinum (NPSL) | Amex BCE (33,400) | Chase Sapphire Preferred (17,400) | Discover IT (12,700) | Chase Freedom (4,800) | Walmart (4,500) | CapOne (1,500) | Alliant CU Visa | Gone for good: CapOne secured (thx for getting me started) | Amex Zync (thx for getting me into AX)

FICO: TU 748 (4/30) EQ 730 (4/26) EX 748 (12/5)

Valued Contributor
creditnocash
Posts: 2,185
Registered: ‎07-23-2012

Re: I must be moving up in the world! (Merrick Bank)


DeadSpider wrote:

:robotlol: My Freedom is wayyyyyy better at 29.99 APR.


is that with a lovely late payment sent there way? 

 

 

Current: Discover Fico 689 7/14 Walmart Fico 682 7/14

Inquiries (24 Months): EQ 8 TU 5 EX 5 | Most Recent: 09/04/2013
2 Inquiries in The Last 12 Months


2014 Goals:
Lower Utility

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Regular Contributor
DeadSpider
Posts: 244
Registered: ‎07-29-2012

Re: I must be moving up in the world! (Merrick Bank)

Few lates (few days) yes but that was over a year ago and when it used to be WAMU card, I don't know how to lower it, it was around 13 at one point and went up and up to around 18 and bam to 29.99 when Chase took over !!! I recently converted old Chase card to Freedom.

 

I do PIF each month now NO WAY IM paying that APR grrrrr. 

Cap1 QS $11500, Freedom $5000K, Slate $8000 Amex Sky $2000K, Discover IT $4400, BCE $8800, NFL $1500, Lowes $7000

Starting Score: 0
Current Score: 742
Goal Score: 800


Take the FICO Fitness Challenge
Frequent Contributor
OnTheRebound
Posts: 425
Registered: ‎08-05-2009

Re: I must be moving up in the world! (Merrick Bank)

My wife's Freedom is 29.24%. Perfect payment history in the 12 years she had it (former Providian / WAMU and now Chase). The APR was always high (24%?) but when Chase took over they raised it to 29.24%. Needles to say, we never carry a balance.

Mine- Citi Diamond Preferred WMC $12K / Comenity Total Rewards Visa $2.5K / Citi Home Depot $5K / DW's, I'm AU on most- Amex BCP $12K / Chase Freedom Visa $11014.00 / PenFed Platinum Rewards Visa Signature $6K / Citi Simplicity MC $4.4K / GE Lowes $10K / GE CareCredit $5K

"Four out of five voices in my head told me to "go for it". I went for it."
Senior Contributor
john398
Posts: 3,513
Registered: ‎01-19-2009

Re: I must be moving up in the world! (Merrick Bank)

Wow LOL, I got another letter from Merrick saying they are watching me and that they noticed I opened a lot of cards...I just bought a car as well, Anyway hope it goes down a lot more

Frequent Contributor
TheConductor
Posts: 491
Registered: ‎07-24-2012

Re: I must be moving up in the world! (Merrick Bank)

Dream big...hope for 28.46% !

Starting: EQ 622 (myFICO 7/7/12), EX 696 (TU FAKO 8/14/12), TU 621 (CK TransRisk 7/24/12)
Current: EQ 686 (myFICO 7/14/14), EX 694 (Prosper 7/17/14) , TU 691 (WalMart 7/11/14) Goal: 700+ x3
My Wallet: Amex BCP $30k, Chase CSP VS $12.2k, Amex Zync NPSL (> 10k), C1 Venture VS $5k, Amex SPG $4.5k, Barclaycard Apple V $2k, Walmart (Store) $1.6k, Chase Freedom V $1100, BoA Cash Rewards V $500, Best Buy Rewards MC $500
My Loans: Prosper $25k/36mo
Mega Contributor
Creditaddict
Posts: 18,820
Registered: ‎10-23-2007

Re: I must be moving up in the world! (Merrick Bank)

Wait you still have it open... Isn't it high fees?

What is limit?

Balance?

Fico Scores: EQ 639 Navy, TU 665 GE, EX 677 Prosper (07-09-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Fidelity Amex $25k (AU)
Lowest Limit: Buckle $250
Over 30 Cards in between :smileytongue:

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