Ally Cards being changed back to Ollo

MileHigh96 · ‎12-09-2025

Back in August the email came saying that Ally, who acquired Ollo originally, was selling their credit cards to Merrick. Just a few minutes ago, I received an email from Ally saying that Merrick is now re-launching the Ollo brand. Makes me wonder if Merrick is bringing back Ollo to the way it was originally and actually keeping it all seperate from other Merrick products. What a long way to go just to end up where it all started. 🤣

BK7 discharged - 06JUL2021
Loans:

Revolving Accounts (in the order they were opened):

Ally Everyday Cash Back Mastercard (converted from Ollo Platinum Rewards Mastercard) $5700 CL (opened 7/21/21)

Mercury Mastercard $5060 CL (opened 7/23/21)

Upgrade Triple Cash Rewards Visa Card $17,500 LOC (opened 8/4/21)

PenFed Pathfinder Rewards $6000 CL (opened 11/9/21)

Dell Pay Credit (converted from Dell Financial Services account) $6500 CL (opened 12/6/21)

Capital One Kohls Visa (converted from Kohls store card) $4050 CL (opened 12/13/21)

Upgrade Cash Rewards Visa Card $7,000 LOC (opened 3/17/22)

Capital One Quicksilver MC (PC'd from a Platinum card) $3200 CL (opened 5/6/22)

Capital One Savor One MC $5000 CL (opened 10/20/22)

Merrick Bank Double Your Line MC $2500 CL (opened 11/1/22)

NFCU cashRewards Plus $36000 CL (opened 3/17/23)

Affinity FCU Pure Rewards Visa $1500 CL (opened 5/18/23)

Bread Cashback AmEx $15000 CL (opened 5/23/23)

Canvas Select MC $3000 CL (opened 5/25/23)

NFCU Go Rewards Visa $27000 CL (opened 6/16/23)

Petco Pay Mastercard $5100 CL (opened 6/29/23)

Barclays GM Rewards Mastercard (converted from GS My GM Rewards Card Mastercard) $5500 CL (opened 8/1/23)

Denver Broncos Extra Point Visa $11000 CL (opened 12/8/23)

NFCU More Rewards AmEx $17000 CL (opened 2/8/24)

Ally Unlimited Cash Back Mastercard $3000 CL (opened 4/3/24)

Service Credit Union Everyday Visa $2500 CL (opened 8/19/24)

BECU Cash Back Visa $16000 CL (opened 8/21/24)

Best Buy Platinum Visa $4000 CL (opened 10/17/25)

Liberty FCU Platinum Credit Rewards Mastercard $12000 CL (opened 11/5/25)

Capital One T-Mobile Visa $15000 CL (opened 11/7/25)

Lands' End Visa $5300 CL (opened 11/13/25)

Associated Bank Max Cash Preferred Visa $500 CL (opened 11/17/25)

Affinity FCU Cash Rewards Visa $7500 CL (opened 11/18/25)

Closed accounts:

Mission Lane Visa - first starter card after discharge (opened 7/7/21 - closed 4/1/23)

Capital One Quicksilver MC (downgraded from a Walmart Rewards MC and transfered CL to older QS card) (opened 11/4/22 - closed 04/09/25)

Best Egg Visa (opened 05/17/22 - closed 04/14/25)

6/6, 6/12, 11/24 new accounts
TCL: $219.4K

hackersmovie · ‎12-09-2025

Wow. I had the Ollo card and closed it shortly after it went to Ally. What a roller coaster ride that card has been on....

Personal Cards: Total CL $88,700

Business Cards: Total CL $43,800

FICO 8: Equifax - 686 / Transunion - 727 / Experian - 678
FICO 9: Equifax - 659 / Transunion - 776 / Experian - 673

Stuart89 · ‎12-09-2025

I guess they decided the brand was valuable. Or this was like a three-team trade in sports, and Ally collected a middle man fee. It makes sense to keep the brands separate in my opinion.

masscredit · ‎12-15-2025

They say everything is going to be the same. Just a name change. I don't know anything about Ollo. I kind of took it to be a lower level brand when I used to hear the name but I could be wrong.

EQ - 702 / TU - 679 / EX - 689

Capital One Savor - $17000 / AAA Travel Advantage Visa - $14000 /Capital One Venture - $13000 /Bread Rewards AMEX - $9450 /Apple Card - $8500/ TD Cash Card - $7500 / TD Double Up - $7000 / Mercury - $5000 / Ally Master Card - $4300 / DCU Visa - $3000 / Capital One QuickSilver - $600
$89,350
DCU Auto Loan

wildcatnb · ‎12-15-2025

Too bad, I thought my grey Ally was a good looking card.