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Merrick Bank Double limit

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Anonymous
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Merrick Bank Double limit

So I was doing some searching on the forums about this specific question I have and nothing has popped up. I've googled it and still no answer so I have to ask. I've had this card since October and my 7th statement just cut yesterday and my limit is still the same. I got a SL of 500 and it says my limit will be doubled after 7 months. So for those who have had this card, when did they double your limit? At statement cut? Few days after? Month after? I wish there was more data on this specific card. 

Message 1 of 6
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Anonymous
Not applicable

Re: Merrick Bank Double limit


@Anonymous wrote:

So I was doing some searching on the forums about this specific question I have and nothing has popped up. I've googled it and still no answer so I have to ask. I've had this card since October and my 7th statement just cut yesterday and my limit is still the same. I got a SL of 500 and it says my limit will be doubled after 7 months. So for those who have had this card, when did they double your limit? At statement cut? Few days after? Month after? I wish there was more data on this specific card. 


My Account doubled on May 8th. Here's the email I got from Merrick on Nov 1. 2019; I activated the card on Oct 7th:

 

Welcome to Merrick Bank! Thank you for recently activating your Merrick Bank card.

 

We know you're working hard to build or rebuild your credit, so we want to take this opportunity to let you know how your Merrick Bank Double Your Credit LineTM Visa® works.


$600  --> Your initial credit line.
7  --> The number of months you need to at least make your minimum payment on time each month after your account is opened in order to qualify.
$1,200  --> Your DOUBLED credit line amount.
05/08/2020  --> This is the date your doubled credit line is available upon qualification.

Message 2 of 6
Anonymous
Not applicable

Re: Merrick Bank Double limit

Wow I feel really embarrassed. I ended searching through my email and found that specific email in regard to the double limit date. You have taught me that I should read welcome letters and activation letters better! Thank you for the reply, but again I feel embarrassed. Hah! Cheers!

Message 3 of 6
howellco2
Frequent Contributor

Re: Merrick Bank Double limit

dont exspect to ever get a CLI after that double thou 


MAJOR BANK CARDS Amex BC 15k, Amex CM 1500, Amex Delta 1k, BB&T Travel 4500, BBVA 6900, CAP1QS 2600, Discover 3300, Marvel MC 6000, Wells Fargo CR 4500, Blispay 2k
CREDIT UNION CARDS DCU 2k , Robbins 10k, United1st 5k
STORE CARDS Amazon 10k, Home Depot 5k, PayPal 4k, Walmart 6k, Lowes 12k
Message 4 of 6
GoldenloveNY
Frequent Contributor

Re: Merrick Bank Double limit

I got an offer for this last year with no AF (no fees actually) with a $700 SL. It did double after 7 months and you'll get an email when they do. 

Citi Double Cash: $1,000
Capital One Secured: $500
Capital One Savor One: $1,650
Amex Gold- NPSL.
Amex Platinum- NPSL.
Amex Delta Gold: $1,000
Best Buy Store Credit Card: $2,000
Amazon Store Credit Card: $6,000
Verizon Visa Card: $2,000

Bj's Perks Elite Mastercard: $2,300

Merrick Credit Card: $1,400
First Savings Credit Card: $1,250
Message 5 of 6
CountryLivin
Valued Contributor

Re: Merrick Bank Double limit


@howellco2 wrote:

dont exspect to ever get a CLI after that double thou 


I have this card, and they do give CLI's after the double. I have already gotten 2 more increases after getting my starting limit doubled. As long as you are not late on any payments, don't go over the limit and give the card use, it will grow.

Message 6 of 6
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