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Mercury Mastercard Approval

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kr43002
Frequent Contributor

Mercury Mastercard Approval

Just got approved for a Mercury Mastercard. The APR is a bit higher than I would like, however I do not plan on carrying a balance so its fine I guess.

 

Got approved for $1000

T&C states APR 28.24 Accross the board, no interest if I pay the entire balance each month

1% Cash Back

 

Somewhat Competitive with the QS1 I just got with no Annaul Fee, however it is only 1% instead of 1.5%.

 

This is definetly a card I will be keeping with it not having an annual fee.

The only question I have is: Do they give out CLI's at all?

 

Data points for those who want to know

I am almost 1 year post BK, next month will be that mark

Fico scores are all between 630-640

They pulled Transunion for me.

Credit Karma popped up w/ Outstanding approval odds

BK CH7 1/21 DC 5/21
1+ Year Post BK
Credit Limit: 6000
EDC: QuickSilver 1 1.5% $39 AF
Oldest Account: Tire Card $500 0% APR 6 Months After purchase. 2018. (Survived Bankruptcy)
Message 1 of 17
16 REPLIES 16
CreditMagic7
Mega Contributor

Re: Mercury Mastercard Approval

Congrats on your Mercury Mastercard approval and best of luck on the rebuild!

Message 2 of 17
gdale6
Moderator Emeritus

Re: Mercury Mastercard Approval

Grats on your Mercury approval Smiley Happy

 

Yes they do give auto CLIs

Message 3 of 17
Mdowning30
Established Contributor

Re: Mercury Mastercard Approval

Just because credit karma or experian advertises these cards doesnt mean you should apply lol

Chase Freedom Unlimited : $6000 | Discover It Chrome : $3500 | AmEx CS Investor : $6000 | Chase Sapphire Preferred : $5000 | Chase Amazon Prime : $2000 | AmEx Hilton Surpass : $1000 | AmEx Business Plus : $2000 | AmEx Platinum CS : POT $2800 | Tower Federal CU : $15,000 | Lowes Commercial Account : $1,000 | WF Bilt Mastercard : $4,000 | Shell Fleet Plus : $1,000
Total Credit Limit : $42500
Experian FICO 8 : 700
| TransUnion FICO 8 : 688 | Experian FICO 9 : 665
Starting Score: 512
Current Score: 700
Goal Score: 700+

Take the myFICO Fitness Challenge
Message 4 of 17
kr43002
Frequent Contributor

Re: Mercury Mastercard Approval


@Mdowning30 wrote:

Just because credit karma or experian advertises these cards doesnt mean you should apply lol


For sure, I have recieved many "Your Pre Approved" "Chances Are Excellent" Many are secured or require an application fee with many annual fees. I avoid those.

This is probably the best card in my profile currently. With no annual fee, it is a good padding to just sock drawer after my rebuild with no drawback I can see.

BK CH7 1/21 DC 5/21
1+ Year Post BK
Credit Limit: 6000
EDC: QuickSilver 1 1.5% $39 AF
Oldest Account: Tire Card $500 0% APR 6 Months After purchase. 2018. (Survived Bankruptcy)
Message 5 of 17
M_Smart007
Legendary Contributor

Re: Mercury Mastercard Approval

Congratulations on your Mercury MC Approval 🎉

Message 6 of 17
CreditAggie
Community Leader
Super Contributor

Re: Mercury Mastercard Approval

Congratulations on your Mercury Mastercard approval!

Current Cards (in order of approval):

         
Current FICO 8 | 9 (June 2024):  
Credit Age:  
Inquiries (6/12/24):  
Banks & CUs:

Message 7 of 17
SUPERSQUID
Valued Contributor

Re: Mercury Mastercard Approval


@kr43002 wrote:

Just got approved for a Mercury Mastercard. The APR is a bit higher than I would like, however I do not plan on carrying a balance so its fine I guess.

 

Got approved for $1000

T&C states APR 28.24 Accross the board, no interest if I pay the entire balance each month

1% Cash Back

 

Somewhat Competitive with the QS1 I just got with no Annaul Fee, however it is only 1% instead of 1.5%.

 

This is definetly a card I will be keeping with it not having an annual fee.

The only question I have is: Do they give out CLI's at all?

 

Data points for those who want to know

I am almost 1 year post BK, next month will be that mark

Fico scores are all between 630-640

They pulled Transunion for me.

Credit Karma popped up w/ Outstanding approval odds


CONGRATS!!!!!

Its a good card while rebuilding, another positive account for your profile with no annual fee. they do give an automatic cli during the first 6 months, i got a little over 10 pct of the credit limit, ymmv. the only beef i have with the card i have is cb is only redeemed as a statement credit. as bad as cap 1 is on cli's they are excellent on redeeming cb in a few different ways.

i still have my mercury mc but really dont use it, i put my spend mostly on , navy, penfed, QS, and savor one, also a smaller amount on target and kohls.

{ BK7 DC 12/2019 } target 2100/ kohls Visa 7000/ discover IT cb 6500 / 2nd discover IT cb 6000/mercury 4100 / firestone 2800 /legacy 3000 /first savings bank cc 3000/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4k, Penfed PCR signature visa 10k/ penfed gold 7.5k NFCU >signature visa cash rewards 21700/bread cashback amex 8000

>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 40k
Total utilization around 20 pct depending on my current usage/needs
Ficos in the 680 - 690 range, the 9's slightly higher than the 8's
My vantage scores 708 - 711
TCL - about 110k
Retired since 2017
Message 8 of 17
kr43002
Frequent Contributor

Re: Mercury Mastercard Approval


@SUPERSQUID wrote:

@kr43002 wrote:

Just got approved for a Mercury Mastercard. The APR is a bit higher than I would like, however I do not plan on carrying a balance so its fine I guess.

 

Got approved for $1000

T&C states APR 28.24 Accross the board, no interest if I pay the entire balance each month

1% Cash Back

 

Somewhat Competitive with the QS1 I just got with no Annaul Fee, however it is only 1% instead of 1.5%.

 

This is definetly a card I will be keeping with it not having an annual fee.

The only question I have is: Do they give out CLI's at all?

 

Data points for those who want to know

I am almost 1 year post BK, next month will be that mark

Fico scores are all between 630-640

They pulled Transunion for me.

Credit Karma popped up w/ Outstanding approval odds


CONGRATS!!!!!

Its a good card while rebuilding, another positive account for your profile with no annual fee. they do give an automatic cli during the first 6 months, i got a little over 10 pct of the credit limit, ymmv. the only beef i have with the card i have is cb is only redeemed as a statement credit. as bad as cap 1 is on cli's they are excellent on redeeming cb in a few different ways.

i still have my mercury mc but really dont use it, i put my spend mostly on , navy, penfed, QS, and savor one, also a smaller amount on target and kohls.


Thanks for that info. Have you had any additional CLI's with it? If so how often? How often did you use your card in the first 6 months? Did you carry a balance? How was their customer service? 

BK CH7 1/21 DC 5/21
1+ Year Post BK
Credit Limit: 6000
EDC: QuickSilver 1 1.5% $39 AF
Oldest Account: Tire Card $500 0% APR 6 Months After purchase. 2018. (Survived Bankruptcy)
Message 9 of 17
SUPERSQUID
Valued Contributor

Re: Mercury Mastercard Approval


@kr43002 wrote:

@SUPERSQUID wrote:

@kr43002 wrote:

Just got approved for a Mercury Mastercard. The APR is a bit higher than I would like, however I do not plan on carrying a balance so its fine I guess.

 

Got approved for $1000

T&C states APR 28.24 Accross the board, no interest if I pay the entire balance each month

1% Cash Back

 

Somewhat Competitive with the QS1 I just got with no Annaul Fee, however it is only 1% instead of 1.5%.

 

This is definetly a card I will be keeping with it not having an annual fee.

The only question I have is: Do they give out CLI's at all?

 

Data points for those who want to know

I am almost 1 year post BK, next month will be that mark

Fico scores are all between 630-640

They pulled Transunion for me.

Credit Karma popped up w/ Outstanding approval odds


CONGRATS!!!!!

Its a good card while rebuilding, another positive account for your profile with no annual fee. they do give an automatic cli during the first 6 months, i got a little over 10 pct of the credit limit, ymmv. the only beef i have with the card i have is cb is only redeemed as a statement credit. as bad as cap 1 is on cli's they are excellent on redeeming cb in a few different ways.

i still have my mercury mc but really dont use it, i put my spend mostly on , navy, penfed, QS, and savor one, also a smaller amount on target and kohls.


Thanks for that info. Have you had any additional CLI's with it? If so how often? How often did you use your card in the first 6 months? Did you carry a balance? How was their customer service? 


Only the one cli. i only have the card 11 months so maybe another cli is coming. in the beginning i had about 25 pct utilization on the card because i needed some auto repairs. i kept a balance on it the first 6 months and then in december i got a penfed card with a zero pct bt offer and i transferred my balance from the mercury to the penfed. the mercury sits at zero bal. it was one of my first zero af cards during my rebuild which is ongoing. its a decent card, i have no complaints. the interest is high but customer service is good, at least with me.

{ BK7 DC 12/2019 } target 2100/ kohls Visa 7000/ discover IT cb 6500 / 2nd discover IT cb 6000/mercury 4100 / firestone 2800 /legacy 3000 /first savings bank cc 3000/ cap1 QS 5000/ cap 1 savor one 3100 /Bread rewards Amex 4k, Penfed PCR signature visa 10k/ penfed gold 7.5k NFCU >signature visa cash rewards 21700/bread cashback amex 8000

>/ nfcu platinum 15k, BABY NEEDS NEW SHOES !!!!!
closed-- reflex, applied bank, first digital, mission lane, ikea, fingerhut, big lots, valero gasoline, ollo, more to come
Rebuilding since September 2020
who i burned - chase, cap 1, TD bank, Sync, were the biggies
Income 40k
Total utilization around 20 pct depending on my current usage/needs
Ficos in the 680 - 690 range, the 9's slightly higher than the 8's
My vantage scores 708 - 711
TCL - about 110k
Retired since 2017
Message 10 of 17
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