Merrick Bank Double Your Line® Secured Credit Card

Merrick Bank is an Experian Partner

Rated 4.49 out of 5 stars, 63 Reviews. Read all offer reviews.
Merrick Bank Double Your Line® Secured Credit Card

Recommended FICO® ScoreΘ Rating

Poor - Exceptional, New to Credit, Rebuilding

Get your FICO Score for free
  • Annual fee

    $36

  • Intro APR

    N/A*

  • Ongoing APR

    22.45% (Variable)

  • Ongoing Balance Transfer APR

    N/A*

Card details:
  • Put down $200, which becomes your credit line. Then, if you qualify, double your credit line to $400 without making another deposit.
  • Double your $200 credit line by making at least your minimum payment on time each month for the first 7 months your account is open
  • Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds
  • Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
  • Get your FICO® Credit Score for free each month
  • Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with Auto Pay and account alerts.
  • Card issued by Merrick Bank, Member FDIC.
See all Merrick Bank offers
Pros:
  • Helps you rebuild credit
  • Low minimum deposit
  • Low APR for this type of card
Cons:
  • Annual fee
  • Foreign transaction fees
  • Few cardholder benefits

Experian Review:

Merrick Bank Double Your Line® Secured Credit Card Review: An Option for Building Credit

The Merrick Bank Double Your Line® Secured Credit Card is a no-frills secured credit card with an annual fee. It’s not a bad choice, but be sure to check out all your options.

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Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the issuer.

ΘCredit score is calculated based on FICO® Score 8 model, unless otherwise noted. In addition to the FICO® Score 8, we may offer and provide other base or industry-specific FICO® Scores (such as FICO® Auto Scores and FICO® Bankcard Scores). Your lender or insurer may use a different FICO® Score than FICO® Score 8 or such other base or industry-specific FICO® Score (if available), or another type of credit score altogether. Learn more.

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