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Merrick Bank Credit Building Mastercard®

Updated:

image_269807Image: image_269807

16 reviews from Intuit Credit Karma members

1.8

Rating: 1.8 out of 5.

Great for automatic credit limit increases

Annual Fee: $0-$72

This content is curated by Intuit Credit Karma’s Editorial team using data from members who were approved for this card or similar cards, or who self-matched this card or similar cards. Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse this content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.

Here’s the average credit limit of members who matched their Merrick Bank Credit Building Mastercard® or similar cards.

% of members by credit limit range

$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 97% 2% 0% 0% 0%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 97% 2% 0% 0% 0%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 97% 2% 0% 0% 0%

The average credit limit for members who have matched with this card or similar cards is $936, with $300 being the most common.

Here’s the average credit score of members who matched their Merrick Bank Credit Building Mastercard® or similar cards.

% of members by credit score range

Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 70% 1% 68% 20% 10% 0%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 70% 1% 68% 20% 10% 0%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 70% 1% 68% 20% 10% 0%

The average credit score for members who have matched with this card or similar cards is 570, with 560 being the most common. Note this is just one of the deciding factors when it comes to getting approved.


Member stats

Updated daily

63.6%

Average credit utilization (or what percent of the card’s credit limit is being used) of members who matched with this card or similar cards.

47 years

Average age of members who matched this card or similar cards.

$76,675

Average annual income of members who matched this card or similar cards. Note: Income may be estimated for some members by Credit Karma and may differ from members’ actual incomes.



Member reviews

Overall rating:

1.8

Rating: 1.8 out of 5.

16 reviews from Intuit Credit Karma members

Most helpful positive review

August 2, 2023

5

Rating: 5 out of 5.

Doubled Credit Line

Credit Karma Member

Merrick is great for building credit. Doubled as it said it would with appropriate on time payments. Annual fees compute to monthly fee not annually. Be mindful the more you spend the higher your minimum payment will be. Easy app and payments. Once you build credit and reach the 700+ credit scores, you can slowly eliminate annual fee cards. Credit is all an algorithm.

Most helpful negative review

July 28, 2023

1

Rating: 1 out of 5.

Awful

Credit Karma Member

I've had this card for several years, grant it my credit was not the best but improved greatly over the years, the 700$ credit line was never increased after a year I stopped using the card I did not want to harm my credit scores so I did not close the account until recently I bought a home an said good riddance don't wast your time or money in annual fees, customer service Blah!!!! AWFUL zero star

All member reviews