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03-27-2008 07:07 PM
03-28-2008 07:24 AM
03-28-2008 09:13 AM
Brammy wrote:They seem to like you.. .call to ask to have it lowered, if not continue using and PIFing until they change their miinds.
04-17-2014 10:07 AM
was wondering how often marrick bank does increase's,,when i got the card,,i got 500.00, and 6 months later got my 1st increase,, an yes i feel in interest rate is high,but i will deal,,,i would like to get another increase, but i dont dont how long i have to wait,, and i pay duble my payment all the time!!!
04-17-2014 12:11 PM
DW and I both have Merrick Bank cards....if you keep it close to maxed out, they'll give you a CLI every four months like clock work.
Pay it off, or even down to half, and you get now more CLI's....
Pick your poison....lol!
Somehow, my interest rate is 19% with no annual fee, hers is 24% with a $3 monthly fee...go figure...
04-17-2014 02:41 PM
I used to get CLI's as long as I had a balance, no matter what it was or if I PIF. My interest was 17.24% on my secured card.
I really liked them and never really had any issues with them. They are however stubborn about AFs, interest rates, and other card terms. In the end I did have to simply close the account. After 5 years of the account it was still secured and I was getting cards like Discover and Chase, so it simply had to go. I tried writing to the credit dept. and even an executive at the bank. It really was an executive, as I had spoken to her personally by randomly dialing their extension selection number when I had an issue with them closing my account. At one point when I started opening cards to rebuild they got nervous and the CSRs were not too concerned about it and trying to help me get the account reopened. So I simply called their HDQ and the operator kept transferring me back to the CSR dept., so I dialed random numbers and ended up with a VP. She was able to get it reopened, which amazed every CSR I ever spoke with after that. I was glad at that point that I did as having it age helped me later. I just wish they were more friendly about changing terms, PC'ing, etc., but they served their purpose and now it is their loss I am not a customer, not mine!
04-17-2014 05:18 PM
Freedombound wrote:My limit was $950 and I got my statement today and they had increased it to $1150, because of my good payment history. They increased it about 3 months ago also.Does anyone have any experience with Merrick Bank? I would like to keep their card, but the interest rate is 27% and I think that is way too high.
My Merrick is currently in the SD. I don't have an AF, but the APR is my highest. Since I know have rewards cards, I really don't have a use for this CC anymore. They'll hit the year mark next month for me. I may close it after the year two mark, but I might just close it if/when my Wally upgrades.
04-17-2014 05:51 PM
2008 OLD THREAD
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