Re: Another 300$ increase from Merrick bank just l... - myFICO® Forums

firefox100 · ‎12-15-2023

I have a merrick creditcard which I got back in 2012, they are giving out 300 dollar increases every 90 days my last increase was back in September 15. They do not any questions income or any thing just call in ask for increase. Credit line went from 4350 to 4650. The max limit you can have 5K I have 2 more increases to go another one which will take account to 4950 then another increase which will be fifty dollars which will make limit 5K. By the way I only put 8$ spend on card in the last 3 months. Total cl is 297,450 with fico scores over 810 on all reports.

Shmike · ‎12-15-2023

That's great man congratulations!

I too have the Merrick Bank card, the double your limit, after 7 months I believe? I'm just curious to pay an annual fee, monthly? I was considering closing my card, but it could be valuable considering they allow you to use the entire credit limit for cash advances. Perhaps a decent extreme emergency card. And your experience would they consider waiving the annual / monthly fee? That would be a no-brainer if I can get rid of that because the fact that they break it down monthly is a little annoying, I'd rather do it all in one lump sum. Anyway congratulations again and thanks in advance for any insight you can offer.

FICO Score 8 as of 8/4/24:

firefox100 · ‎12-15-2023

MY merrick creditcard has no fee, I would call customer service to see they can wave or change your card to no annual fee card. if you are paying annual fee to Merrick bank then you are in the high risk profile, I saw your other post ther is so much more then fico scores. Some times credit card co use Early warning which looks at your checking accounts and any other on demand deposit accounts.

Shmike · ‎12-15-2023

Yeah, understood. That really shouldn't be an issue I was making about $70,000 a year, when I initially got the card. But my scores were in the toilet. They're pretty good now even the free in-app score is 808. The score they used to monitor my account. I've only gotten one credit limit increase of $200. I've had the card about a year and a half. So yes, initially I came in with low 600s. I'm assuming that's why. I have called to see if they would waive the fee, they said they don't do that. Which is BS, but what can you do? I should be due for another credit limit increase this month, they seem to only be giving them to me every 6 months. I'm going to keep the card it's only like $8 a month. Perhaps it's worth another try though...

Thanks for the response, best of luck!

FICO Score 8 as of 8/4/24:

M_Smart007 · ‎12-15-2023

Congratulations on your CLI 🎉

Linnaea · ‎12-15-2023

Congrats

ptatohed · ‎12-16-2023

$300

[Until I can make a pretty signature, here’s an updated draft]

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi SHOP YOUR WAY (5% gas (in points), lucrative spending offers) // mylowe’s Rewards // Target circle card // primis Perks debit Visa (50c CB per transaction (5% CB or more up to $10 spend))

5% CB rotating:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
Chase SAPPHIRE PREFFERED (grabbed my $1,000, sockdrawered, will cancel) // NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)

CreditAggie · ‎12-16-2023

Congratulations on your Merrick Bank CLI!

Current Cards (in order of approval):

Current FICO 8 | 9 (December 2025):

Credit Age:

Inquiries (6/12/24):

Banks & CUs:

NoMoreDebt · ‎12-22-2023

Congrats on the cli

AMEX CHARLES SCHWAB PLATINUM NPSL / AMEX GREEN NPSL/ AMEX BLUE BUSINESS PLUS $20000 CL/ FIDELITY REWARDS VISA $23,500 SL

SOCKDRAWER/ NFCU FLAGSHIP $40,000 CL/ NFCU MORE REWARDS $40,000/ WELLS FARGO AUTOGRAPH $8200/APPLE CARD $6500/DISCOVER IT $3000 SL/CITI COSTCO ANYWHERE VISA $6000 SL

Another 300$ increase from Merrick bank just like clock work.

Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Another 300$ increase from Merrick bank just like clock work.

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Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Re: Another 300$ increase from Merrick bank just like clock work.

Get your FICO Score for free