Card
Network

Visa
Bank

Merrick Bank
Issuing
Country

United States
User
Category

Consumer
Card
Type

Secured
Credit
Recommended

See website for Details*
Interest Rates
Maintenance Fees
Customer Service
Features & Benefits
Reward Program
Card Overall Rating

MAIN CARD FEATURE

Put down $200, which becomes your credit line. Then, if you qualify, double your credit line to $400 without making another deposit.

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 100% U.S.-based customer service & 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 available Auto Pay and account alerts.
  • Card issued by Merrick Bank, Member FDIC.
+ Pros
  • Credit line increase without additional deposit.
  • Great for building or rebuilding credit.
  • Reports to all three major credit-reporting agencies.
- Cons
  • Security deposit is required.

NO REWARDS FOR THIS CARD

PURCHASES

Intro
APR

N/A
Ongoing
APR

17.45% Variable
Penalty
APR

N/A
Minimum Grace
Period

See terms
Minimum Interest
Charge

See terms

BALANCE TRANSFERS

Intro
APR

N/A
Ongoing
APR

N/A
Balance Transfer
Fee

N/A
Penalty
APR

N/A
Minimum Grace
Period

See terms

CASH ADVANCE

Intro
APR

N/A
Ongoing
APR

22.45% Variable
Cash Advance
Fee

4% Min: $10
Penalty
APR

N/A
Minimum Grace
Period

See terms

GENERAL FEES

Application Processing
Fee

See terms
Annual
Fee

$36 the first year. Billed $3 per month thereafter
Foreign Transaction
Fee

2%
Late Payment
Fee

Up to $40
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