Reply
Frequent Contributor
Deltadog03
Posts: 345
Registered: ‎02-14-2013
0

Re: Merrick Bank Card Does this mean I am denied....

Thanks Katie!

EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
New Member
ohamberx0
Posts: 3
Registered: ‎05-14-2013
0

Re: Merrick Bank Card Does this mean I am denied....

Deltadog03 - yes, it was about 4 days when i got the alert that a new account opened. seemed pretty fast, so i gues i'll just have to wait and see if they report payments fast too! :smileyhappy:

New Member
ohamberx0
Posts: 3
Registered: ‎05-14-2013
0

Re: Merrick Bank Card Does this mean I am denied....

Daisy - they told you there is a 48 AF? I'll have to check when I get my card, because the invitation letter I read all of it and it said $0 AF, $0 setup fee, etc.

New Contributor
lmrites
Posts: 68
Registered: ‎04-29-2013
0

Re: Merrick Bank Card Does this mean I am denied....

I received a preapproval for $750, but the card has a  $65 annual fee.  I have never had a late payment and it will be a year in August.  I am still at the original $750 limit.  I am looking into getting a card with NFCU and telling Merrick to hit the trail, because their interest rate is not worth the annual fee.

 

Has anyone else had a similar experience?

Starting Score: 594
Current Score: 627 EX 680 TU 672 EQ
Goal Score: 650...now 700!
Frequent Contributor
Deltadog03
Posts: 345
Registered: ‎02-14-2013
0

Re: Merrick Bank Card Does this mean I am denied....

I just got, and activated my Merrick Bank Card today.  I signed up for paperless billing and my TU08 Bancard FICO is 629.  Not bad.....Still has not reported as a new account yet on my CR

EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
Valued Member
Daisy10
Posts: 29
Registered: ‎04-08-2013
0

Re: Merrick Bank Card Does this mean I am denied....

Yeah.  It states that there is a $48.00 AF and then I will be billed $4.00 per month thereafter.  I was aware of this before applying, but again I felt it was worth it for the credit limit they gave me.

Frequent Contributor
Deltadog03
Posts: 345
Registered: ‎02-14-2013
0

Re: Merrick Bank Card Does this mean I am denied....

Daisy, thats not to bad.  Have you got your card yet? or has it shown up on your CR yet?

EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
Valued Member
Daisy10
Posts: 29
Registered: ‎04-08-2013
0

Re: Merrick Bank Card Does this mean I am denied....

No, not yet. I should receive it any day now.  It's not reporting yet and funny thing is that it's not showing up as an inquiry yet either, but I asked them what credit report they pull and they said TU.

New Visitor
NewLife4Me2015
Posts: 1
Registered: ‎09-16-2014
0

Re: Merrick Bank Card Does this mean I am denied....

I just got a preapproval for the 35yr fee 700 limit w/x7 to 1400 but got a review. In my experience this means a denial. Sometimes they dont want you to get upset for wasting 15-30 min filling out forms so they let you down easier in a letter a few weeks later. Something like too many accounts, too high balances, too much revolving credit, not enough history, etc. Doesnt take into account 0 missed payments, 0 late payments, etc. Anyways, just thought Id clear that up for you, even though its been a year since this thread started lol.

Regular Contributor
timothylee
Posts: 446
Registered: ‎07-24-2014
0

Re: Merrick Bank Card Does this mean I am denied....

Merrick Bank is great to work with and there Credit Department is as well in my experience.

 

Current Scores:
TransUnion CK: 563 | Experian CreditSesame: 619 | Equifax Quizzle: 561

Current Credit Cards: Merrick Bank Secured, BOA Cash Rewards

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}