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Received my DOUBLE CLI from Merrick Bank Visa today!
Not sure how they increase in the future!
RE: Great News! Your Merrick Bank Credit Line has been increased for your account ending in
Dear
Congratulations! We are pleased to inform you that we have doubled your credit limit to $1,400because you have been paying on time.
You can immediately start enjoying your extra buying power and flexibility that you have earned!
Be sure to take advantage of what Merrick Bank has to offer by using our goServices.
Click on any of the goServices below to learn more:
Very nice!
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |
Congrats
They do give increases. But they are few and far between. And you can't request them. Its always an auto cli
Congrats on the CLI
Congrats on the CLI. They are a good starter card and they will grow. Mine stated at $700 and ended at $3650 . I just closed mine last week. It felt great to tell the CSR to close it when they wouldn't waive the fee. Since I opened it 8 years ago, my situation has chenged and I now have prime cards including Chase, Amex, Barclay's, and Cap !. The APR on Merrick is insane, mine was at 27%. That's with FICO scores between 780-800. Yikes! But as long as you PIF you should be good.
Congrats!