Merrick bank double your line platinum visa pre approval

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Last updated on September 29th, 2022

Does Merrick Bank offer any unsecured credit cards?

This question is about Merrick Bank Credit Cards Reviews

Sydney Garth, Credit Cards Moderator

@sydneygarth 04/29/22 This answer was first published on 01/29/21 and it was last updated on 04/29/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Yes, Merrick Bank does offer an unsecured credit card, the Merrick Bank Credit Card. This card is sometimes referred to as the “Double Your Line Visa,” because it offers the opportunity to double your credit limit if you pay on time for the first 7 months the account is open.

The Merrick Bank Credit Card is available to people with bad credit, but only people who have been pre-qualified can apply. If you haven’t already received a pre-qualified offer from Merrick Bank by mail, you can check if you’re pre-qualified online.  

Merrick Bank Credit Card fees and APRs to keep in mind:

The Merrick Bank Credit Card comes with an annual fee of $0 - $72 1st yr, $0 after, depending on your credit standing. The card may also charge a one-time fee, as well as a monthly fee. Plus, this card’s APR on purchases can be as low as 22.45% (V) and as high as 30.7% (V), once again, depending on your overall credit standing. You’ll be able to see all of the details once you receive a pre-qualified offer. You can read the terms over before deciding to apply.

What to do if you don’t get the Merrick Bank unsecured credit card:

If you don’t pre-qualify for the Merrick Bank Credit Card, you could get the Merrick Bank Double Your Line® Secured Credit Card. This card is also marketed toward people with bad credit. It’s easy to get approved for, though, because it requires a refundable security deposit of at least $200. The amount of your deposit determines the credit limit. The annual fee is: $36 1st yr, $0 after. This card’s APR is 20.45% (V).

Ultimately, it’s worth noting that there are several unsecured credit cards with lenient approval odds on the market. You could check out our editors’ latest picks for the best unsecured credit cards for bad credit to weigh your options.

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Does Merrick Bank do pre approval?

Merrick Bank has pre-approval, but it only extends pre-approved offers via mail or e-mail, or to existing customers through their online account.

What credit score is needed for Merrick Bank?

What's the Merrick Bank Secured credit score requirement? The Merrick Bank Secured Card accepts people with a 300+ credit score. This means that your chances of approval are high, even if you have bad credit.

Is Merrick Bank double your line Platinum Visa?

Platinum Visa Enjoy the advantages of a Merrick Bank Visa credit card with no penalty rates and no “up to” credit lines. The Double Your Line™ card means you can double your credit line by making at least your minimum payment on time each month for the first 7 months your account is open.

Does Merrick Bank really double your credit limit?

With a $200 minimum and $3,000 maximum deposit, the Merrick Bank Double Your Line® Credit Card* requires a refundable security deposit that becomes the cardholder's credit limit. The bank may offer to double your credit limit after seven months of on-time payments without an additional deposit.