topic Re: Merrick Bank in Credit Cards

Merrick Bank

hersheykisses — Sat, 16 Mar 2013 00:17:46 GMT

Anyone had any luck requesting credit line increase or is this just an automatic, slooowww process.

Re: Merrick Bank

Anonymous — Sat, 16 Mar 2013 00:21:46 GMT

ASP. Automatic slow process.

Look on the bright side though, you get a free credit-card enhanced TU08 score.

Re: Merrick Bank

dodgerslv — Sat, 16 Mar 2013 00:40:26 GMT

@kerbear1969 wrote:
Anyone had any luck requesting credit line increase or is this just an automatic, slooowww process.

I think you only get auto increases. From what i know Merrick Bank doesnt grant customer initiated CLI request. But I have to agree that at least you do get a monthly Bankcard-enhanced TU08 Fico score when you sign up for paperless statements. That is the only reason i keep that account open. Do not like the monthly annual fee. They are also sensetive to new accounts and inquiries.

Re: Merrick Bank

Siopao — Sat, 16 Mar 2013 01:49:19 GMT

It was automatic for me at my 6 month mark. They doubled my CL from $700 to $1400. It was a nice surprise.

Re: Merrick Bank

dodgerslv — Sat, 16 Mar 2013 01:53:10 GMT

@Siopao wrote:
It was automatic for me at my 6 month mark. They doubled my CL from $700 to $1400. It was a nice surprise.

nice! wished i would have gotten that kind of increase.. I went from 650 to 850 just back in November and had the card for a year now. But then i did get a letter just the previous month before my increase warning me of opening too many new accounts could result in them closing the card. So shouldnt complain.

Re: Merrick Bank

Siopao — Sat, 16 Mar 2013 01:56:01 GMT

Thanks! Yeah, they probably did it because I only have 2 TL's, Merrick being one of them. My other CC is a Credit One with a $400 limit.

Re: Merrick Bank

dodgerslv — Sat, 16 Mar 2013 03:07:47 GMT

@Siopao wrote:
Thanks! Yeah, they probably did it because I only have 2 TL's, Merrick being one of them. My other CC is a Credit One with a $400 limit.

you are probably right. I had opened my Discover, Walmart, Dillards in August alone so that alone probably played a factor in getting a bigger increase with them. I just got approved for the BofA Better Balance MC so hope that doesnt freak them out when it reports.

Re: Merrick Bank

Anonymous — Sat, 16 Mar 2013 03:14:21 GMT

@Anonymous wrote:
ASP. Automatic slow process.

Look on the bright side though, you get a free credit-card enhanced TU08 score.

I don't have an account with Merrick so I can't log in to see, but am I to assume it's running on .NET? If so, then I would concur.

Re: Merrick Bank

sarahep85 — Tue, 09 Apr 2013 14:31:17 GMT

I have had my card for a year now and they upped my limit from $1000 to $1200....granted i have had to maxed out the whole time so Im surprised they upped it at all. But no they do not allow customer initiated increases unfortunately.

Re: Merrick Bank

WolfMan — Tue, 09 Apr 2013 14:32:14 GMT

You need to agree to paperless statements, then a Go Score icon should automagically appear on the left after you do that.

Re: Merrick Bank

Anonymous — Tue, 09 Apr 2013 17:30:36 GMT

Automatic for me and with hight util too, the thing is I have heard people paying off there ballance and Merrick than closing the card.....not sure why, by the way this was the former hooters card for me

Re: Merrick Bank

shorrttyycm1 — Tue, 09 Apr 2013 15:50:49 GMT

I have had Merrick for about 2 years and have never received an cli....wth??? I guess its next up on the chopping block.

Re: Merrick Bank

IrishPM — Tue, 09 Apr 2013 16:50:57 GMT

Merrick Bank has given me CLI's about every 6 to 9 months. I started out with the Hooters Mastercard (issued by Merrick Bank) at $600 and each year they've done an automatic CLI. I'm now at $2,100...however, there are no rewards with their Visa card and the only reason why I got the card in the first place was for the points accrued and used at Hooters' restaurants.

Re: Merrick Bank

Anonymous — Tue, 09 Apr 2013 17:31:49 GMT

@shorrttyycm1 wrote:
I have had Merrick for about 2 years and have never received an cli....wth??? I guess its next up on the chopping block.

do you use the card much? I think they like high usage or a high bal to give a cli to

Re: Merrick Bank

TiggerDat — Tue, 09 Apr 2013 17:45:30 GMT

I think they only give auto CLIs, which are reviewed by a person. I don't get one if I have no balance. I didn't get one for many years, either. I have the secured card with them and I am certainly tired of the monthly fee and the fact that don't upgrade or give rewards. I also hate the fact that they never return the security deposit. My love for them is waning and when I get an Amex card, they are history. I really want the security deposit back. I figure that after almost 6 years they should be able to trust me. My current balance is 0. Which means I won't get a CLI any time soon. When I did have a balance it was never at the limit, usually anywhere from just a few hundred dollars to about 50%. The increases were up to $400 and happened about every 3 - 4 months. It also did not depend on whether I PIF or revolved the amount.

Re: Merrick Bank

Anonymous — Tue, 09 Apr 2013 18:50:39 GMT

Hooray for programming humor!

I just opened a Merrick Secured card within the past month. Some people say they've received CLI's with it, but they're always auto. With all the fearing of new accounts and whatnot, it seems like Merrick has an internal risk model they use.

Re: Merrick Bank

shorrttyycm1 — Tue, 09 Apr 2013 19:04:39 GMT

@John398,
No, i never carry a balance. I always pif as soon as charges hit. Maybe that's it, idk.

Re: Merrick Bank

shorrttyycm1 — Tue, 09 Apr 2013 19:06:14 GMT

Sorry, forgot to answer completely...no i don't use it much at all. Just wait til monthly fee hits then pif. I can't remember what was the last charge where i swiped the card :-/

Re: Merrick Bank

Anonymous — Tue, 09 Apr 2013 19:08:36 GMT

I've been away for a hot minute. Has quoting changed? Does hitting the Reply button to a post no longer import that post?

Re: Merrick Bank

Anonymous — Tue, 09 Apr 2013 22:00:15 GMT

@Anonymous wrote:
I've been away for a hot minute. Has quoting changed? Does hitting the Reply button to a post no longer import that post?

it works for me but YMMV