Merrick Bank Double your line

[waters]

Is the Merrick bank a card that will grow with me over time? i have read that they usually give auto CLI's every 3-4 months after the "double your line". is this true? I got a pre approval for a $600 CL to double in 7 months. --- also - is this 1 HP or 3 ? 

Currently i have:

capital one: 1000 

barclaycard rewards: 500

credit one: 400 (they agreed to waive 50% of the fees for next year) - this card will be canceled and already paid off and have a 0.44

first premier: 300 (they have waived all fees for next year) -- will sock drawer this card for the entire year.

is the merrick card a good card to get ?

my fico according to barclaycard is 625 (droppe 10pts once i got my capital one/barclaycard 2 months ago- got them the same week)

my initial plan was was to garden for at least a year but another $1000+ card in 7 months guaranteed would be cool.

[zan987]

I have had a Merrick Bank card for about 1 1/2.  My CLI has doubled since my opening to currently $2600.  They are not the best card to have due to the high interest rate.  I keep them to help with my utilization. 

[keithbward]

I had a Merrick Bank card until beginning of this month. Started at $300 and made it to $1200. I received increases pretty periodically. 3-4 months. It was also my heaviest used card while I was rebuilding. Outside of the free TU fico score and periodic increases, it offered me nothing after I got out of the hole in my credit situation. It served me well and I have no regrets about having had it.

[FixMyCredit1992]

I thought merric was a non-graduating secured card?

[waters]

from their website, they have both a secured product and an invite-only product:

"In order to apply for a Merrick Bank Visa credit card, you must have received an invitation to apply from Merrick Bank. If you have received an offer with an Acceptance Certificate Number and would like to apply for the credit card described in your offer,"

invite-only means if ur credit is very bad like me.. not like black card invite =)

[Anonymous]

I am not sure about Merrick, I applied for a Hooters card like 6 years ago and was declined  I have made up for that tho!

[AvadaKedavra]

Can you apply for a CLI with Merrick or can you only do auto? I never use my Merrick card but I'd like it to help with utilization.

[pazuzu]

My Merrick Visa (formerly Hooters MC) has gone from $750>>>$3050 over time.

They like to see consistent usage.

[Kenny]

I got this mailer this week! lol preapproved for 1500... uhmmmm no thanks!

[TRC_WA]

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@KennyRS wrote:
I got this mailer this week! lol preapproved for 1500... uhmmmm no thanks!

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I got one in the mail today.  Pre-selected for the Double Your Line Visa... $900 CL that will double to $1,800 after I make my first 7 payments.

No Annual Fee

No Account Set up Fee

No Monthly Service Fee

No Penalty Rates

No Over Limit fee

Free FICO

I'm curious... have they changed their ways because I know I've read somewhere that they charged ridiculous fees in the past.  This seems like a decent deal to pad the UTI... the problem is though I don't need the card.