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Merrick Bank Approval!

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Anonymous
Not applicable

Merrick Bank Approval!

I was a bit eerie since I've never heard of this bank before today but this preapproval letter offered no fees and double CLI in 7 months and from what I've read on the forums, they don't sound too horrible compared to other rebuilder cards

 

I have a 651 TU score as of yesterday with 10 inquieries, 9 of which are from May 2015 to present. 3 baddies, 1 just got deleted. and Two Cap1 cards and a Lowes card. And lastly, an auto loan. 

Message 1 of 14
13 REPLIES 13
sreneesa
Frequent Contributor

Re: Merrick Bank Approval!

Congrats!!!

Message 2 of 14
Anonymous
Not applicable

Re: Merrick Bank Approval!

Congrats! Think of it as a stepping stone card. Pay as agreed and get your increase. I still have one, but I don't use it much anymore. After the first year, I had to pay a $36 an fee, which they charge at $3 per month. Still, it's a builder / rebuilder card and will serve it's purpose.

Message 3 of 14
Anonymous
Not applicable

Re: Merrick Bank Approval!

Congrats! can we ask your SL? 

Message 4 of 14
Anonymous
Not applicable

Re: Merrick Bank Approval!

Congratulations!  When no one else would, they did for me. I still have it. 

Message 5 of 14
alextercero
Super Contributor

Re: Merrick Bank Approval!

Congrats

Current Credit Cards



Currently rebuilding as of (May 2021)

Current Fico Scores 8/9: (December 2024)


Credit Age:

Inquiries:

Message 6 of 14
schsa210
Established Contributor

Re: Merrick Bank Approval!

Congrats!

 

I too have one, started with $700 and doubled after 7th statement cut.  No issues at all with them.  My annual fee was a one lump sum charge so there is no monthly fee payment on my account.

 

From what I've read, they are good about giving auto increases every six months. I hope that's true and looking forward to finding out if it's true or not.

~buried myself in the garden~
Message 7 of 14
Country_Feller
Valued Contributor

Re: Merrick Bank Approval!

Congratulations!!!
myFICO=EQ 702, TU 716, EX 743br>EQ=11//TU=15//EX=11/Util 14%. Gardening since 01/02/2017.


Message 8 of 14
Anonymous
Not applicable

Re: Merrick Bank Approval!

Congrats...continue your journey and let this card serve its purpose as a stepping stone to much better things.

Message 9 of 14
Anonymous
Not applicable

Re: Merrick Bank Approval!

Congrats!

Message 10 of 14
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