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  Merrick Platinum Visa

Merrick Platinum Visa

in Personal Credit Cards from Merrick Bank

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Merrick Platinum Visa

Unaffiliated

in Personal Credit Cards from Merrick Bank

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Highlights
Highlights
Balance Transfer APR  (Variable APR) N/A
Credit Score Range N/A
Annual Fee $96
Purchase APR  (Variable APR) 20.45% - 29.95%

Merrick Platinum Visa Review

Merrick Platinum Visa is a credit card issued by Merrick Bank. If you're wondering whether Merrick Platinum Visa is the right card for you, read on. This is everything you need to know to make a good choice.

  • High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 20.45% up to 29.95%.
The Good The Bad
  • Good for people with bad credit.
  • Free credit score.
  • Merrick Platinum Visa reports to multiple credit bureaus.
  • Free access to your credit score.
  • This card is by invitation only. Customers who receive an offer from Merrick Bank may apply.
  • This card comes with a hefty annual fee.
  • There is an initial set up fee of up to $75.
  • Higher than average purchase APRs.
  • Charges an annual fee of $96
  • Does not offer a signup bonus.
  • Does not offer rewards or cash back.
  • You don't earn rewards on every purchase.
  • Does not include many credit card rewards.

Is there a Merrick Platinum Visa cash back or rewards program?

No, Merrick Platinum Visa does not offer a rewards program.

What are the Merrick Platinum Visa benefits?

Merrick Platinum Visa provides the following benefits:

  • Free Credit Score
  • Zero fraud liability
  • Reports to major credit bureaus

What are the relevant APRs for Merrick Platinum Visa?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Merrick Platinum Visa has higher than average purchase APRs.

Merrick Platinum Visa has a variable purchase APR that ranges from 20.45% up to 29.95%.

Does Merrick Platinum Visa have an introductory APR offer on balance transfers??

No, Merrick Platinum Visa does not come with an introductory APR offer for balance transfers.

Does Merrick Platinum Visa have an introductory APR offer on new purchases??

Merrick Platinum Visa does not offer an introductory rate on new purchases.

What are the Merrick Platinum Visa fees?

The following fees apply to Merrick Platinum Visa:

Merrick Platinum Visa Fees
Fees Amount
Annual Fee up to $96
Initial Program Fee $75

Does Merrick Platinum Visa report your account activity to credit bureaus?

Merrick Platinum Visa reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Merrick Platinum Visa

  • Visit the Merrick Platinum Visa website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

  • Headquarters
  •   10705 South Jordan Gateway
    Suite 200
    South Jordan, UT 84095
  •   Visit Site

About Merrick Platinum Visa

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Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Initial Program Fee $75
Paper Statement Fee $0
Annual Fee $96
Customer Type Personal
Minimum Age 18
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Card Type Bad Credit
Card Network Visa
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Fraud Liability  
Credit Card Benefits
  • Fraud Liability
  • Free Credit Score
Free FICO Score  
Purchase APR (Variable APR) 20.45% - 29.95%

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Balance Transfer APR N/A Balance Transfer APR
Credit Score Range 300 - 700     300 850
Annual Fee $70 Annual Fee
Purchase APR 20.95% - 29.2%
(Variable APR)
    0% 36% Variable APR
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Balance Transfer APR N/A Balance Transfer APR
Credit Score Range N/A Credit Score Range
Annual Fee $36 Annual Fee
Starting Purchase APR 18.95% Starting Variable APR