topic Really Merrick Bank???? in Credit Cards

Really Merrick Bank????

bluewillow — Mon, 06 Aug 2012 12:28:36 GMT

A few months back when my score hit 754 I went on an app spree resulting in NFCU card, Chase Explorer card, Citi Diamond Preferred card, Discover card, Boscovs Store card and Dilliards AMEX, I only wanted store card but they approved for Amex.

I've had Merrick for about 10 years and this weekend I get a letter reprimanding me for opening too many new accounts in a short time and could result in them closing my account...REALLY did they happen to notice also the sub prime cards I closed after opening the new accounts....

Won't break my heart if they close me out....

Re: Really Merrick Bank????

tboy1977 — Mon, 06 Aug 2012 12:38:31 GMT

What is your APR with them? I got an invitation from them in April, but since I had Cap1, PNC and NFCU I didn't worry about them. 32% APR is high, even for subprime.

Re: Really Merrick Bank????

Anonymous — Mon, 06 Aug 2012 13:48:44 GMT

i thnk a lot of us recieved that letter, see my thread

http://ficoforums.myfico.com/t5/Credit-Cards/letter-from-Merrick-Bank/m-p/1522648