Credit Cards (US)
Merrick Bank Double Your Line® Secured Credit Card review
For those with a bad credit history, applying for traditional credit cards might be frustrating. Thinking of it, let’s present to you the Merrick Bank Double Your Line® Secured Credit Card review!
Merrick Bank Double Your Line® Secured Credit Card: Open the door to a better credit score!
In today’s Merrick Bank Double Your Line® Secured Credit Card review, you’ll learn all about this amazing financial product.
So, the Merrick Bank specializes in credit cards for those with a bad credit score. Those cards not only accept you if you don’t have a perfect credit history but also help you build or rebuild your score.
So, if that’s your reality, you should look closely at Merrick cards.
That’s why we brought to you a secured card that might be a great option for you since it doesn’t require a credit check. To learn more details, keep reading our Merrick Bank Double Your Line® Secured Credit Card review.
Credit Score | Poor |
Annual Fee | $36 the first year. Billed $3 per month thereafter |
Regular APR | 20.45% Variable |
Welcome bonus | None |
Rewards | None |
How to get Merrick Bank Double Your Line® Secured?
Get your Merrick Bank Double Your Line® Secured Credit Card without a credit check. See how to apply for it!
How does the Merrick Bank Double Your Line® Secured Credit Card work?
Merrick offers a range of credit cards that allow you to build a credit history. There are unsecured cards and secured ones. The main difference between them is the security deposit needed when applying for it.
But note that this deposit works like a credit line. And the Double Your Line® Secured Credit Card gives you the possibility to double it.
Then, after seven months from the account opening, you can double your credit line without making another security deposit. The only requirement is that you need to pay at least your minimum due every month.
Also, this bank provides you with low-interest rates, access to FICO® Score, and as it reports to all major credit bureaus, you can work on your credit-building.
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Merrick Bank Double Your Line® Secured Credit Card benefits
Besides the fact that it helps you rebuild your credit history, this card features fraud coverage, and it is FDIC-insured.
Plus, clients say that the customer service is pretty good and helpful.
However, note that it charges an annual fee in the first year and monthly fees after that. Furthermore, it charges a 2% for foreign transaction fee and up to $40 for late payments. Check the pros and cons next in our Merrick Bank Double Your Line® Secured Credit Card review.
Pros
- It allows you to build credit score
- It offers fraud protection
- Plus, it provides access to FICO® Score
- It reports to all major credit bureaus
- You can double your credit line within 7 months
Cons
- It requires a security deposit
- It charges annual, monthly, foreign transaction, and late payment fees
How good does your credit score need to be?
You don’t need to worry about it because this card doesn’t require a perfect credit history for the application process.
How to apply for a Merrick Bank Double Your Line® Secured Credit Card?
If a bad credit score is your problem, a Merrick Bank Double Your Line® Secured Credit Card might be your solution. Then, learn now how to apply for one!
How to get Merrick Bank Double Your Line® Secured?
Get your Merrick Bank Double Your Line® Secured Credit Card without a credit check. See how to apply for it!
About the author / Aline Augusto
Reviewed by / Aline Barbosa
Senior Editor
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