Merrick Bank Secured Credit Card
Great for access to credit
Annual Fee: $36 the first year. Billed $3 per month thereafter
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 Secured Credit Card or similar cards.
% of members by credit limit range
The average credit limit for members who have matched with this card or similar cards is $2,303, with $300 being the most common.
Here’s the average credit score of members who matched their Merrick Bank Secured Credit Card or similar cards.
% of members by credit score range
The average credit score for members who have matched with this card or similar cards is 612, with 572 being the most common. Note this is just one of the deciding factors when it comes to getting approved.
Member stats
Updated daily
50.1%
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.
40 years
Average age of members who matched this card or similar cards.
$70,230
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
Most helpful positive review
October 28, 2023
Great card, best interest rate!
— Credit Karma Member
In the process of rebuilding my credit, I applied for several cards. I was approved for most including this one. Reasonable credit limit ($1200) and best interest rate of them all (27.99%). Application was simple, immediate decision, quick shipping of card, and easy app. Highly recommend
Most helpful negative review
January 9, 2023
Worthless
— Credit Karma Member
I was approved and waited 25 days for the card to he told that they were having problems with the people making the cards. They couldn't tell me when the card would be sent at all. They didn't have a problem sending out the bill and charging me the interest for a card I hadn't even received. I cancelled the card. Ridiculous!!