2013 CreditHunch Credit card reviews, tips, tricks & more.

The Secured Visa® from Merrick Bank Apply

The Secured Visa® from Merrick Bank Features

  • Build your credit - Performance is reported to all three major credit bureaus, unlike a prepaid card.
  • Credit line increases - automatic unsecured credit line increase reviews with no additional security deposit or fees.
  • No Processing or application fees.
  • You determine your credit line - up to $3,000
  • Easy funding options - We have several convenient options to easily submit your security deposits
  • Worldwide acceeptance - Use it anywhere Visa is accpeted.
  • Easy application - Click "Apply Now" to apply online today!
  • Free 24/7 Customer Service
Intro APR Intro Period Regular APR Annual Fee Credit Needed
N/A N/A 17.45% (Variable) See Terms Bad Credit

Similar Cards

Apply Now
Credit Needed
Bad Credit

Loading ... Loading ...
Apply Now
Credit Needed
Bad Credit

Loading ... Loading ...


This is a review of The Secured Visa® from Merrick Bank. This card is perfect for people with Bad Credit credit. The Secured Visa® from Merrick Bank is issued by .

  • Build your credit – Performance is reported to all three major credit bureaus, unlike a prepaid card.
  • Credit line increases – automatic unsecured credit line increase reviews with no additional security deposit or fees.
  • No Processing or application fees.
  • You determine your credit line – up to $3,000
  • Easy funding options – We have several convenient options to easily submit your security deposits
  • Worldwide acceeptance – Use it anywhere Visa is accpeted.
  • Easy application – Click “Apply Now” to apply online today!

What is the APR of The Secured Visa® from Merrick Bank

APR: 17.45% (Variable)

APR Explained: The APR rate is the annual interest rate you will pay on any remaining balance left on your card at the end of the billing cycle. You want to find a card with a low APR, for a list of all of our low APR credit cards.

What is the Annual Fee of The Secured Visa® from Merrick Bank

Annual Fee:

Annual Fee Explained: Certain credit cards have a fee that you are required to pay every year to continue to use the card. Cards with annual fees tend to have benefits associated with them like airline miles, points, or cash back. Explore the best rewards credit cards on our site.

What is the Intro APR on The Secured Visa® from Merrick Bank

Intro APR: N/A

Intro APR Explained: An introductory APR (annual percentage rate) is the rate that is charged for any balance that remains on your account. The difference between an introductory rate and your regular APR is the introductory period will end. Introductory rates are typically 3 months, 6 months or 12 months. Browse our entire list of >low APR credit cards.

Does The Secured Visa® from Merrick Bank Allow Balance Transfers?

Balance Transfers: N/A

Balance Transfer Fee: See Terms

Balance Transfer Intro APR: N/A

Balance Transfer Intro APR Period: N/A

Balance Transfer Go To Rate: N/A

Balance Transfers Explain: So what are balance transfers? Balance transfers are a credit card mechanism that allows you to transfer a credit card from one card to another. Why would you want to do this? Say you have a card with a 15% APR. You can transfer this balance to a credit card with an APR of just 5% (or possibly 0%, please check out balance transfer credit cards for offers like this). When you transfer the balance, you will save a considerable amount of money in monthly fees. The features to look for on a balance transfer card are the Balance Transfer Fees, Balance Transfer Go To Rate (which is the rate after the intro period, and the Balance Transfer Intro APR (the 0% rate)

What are the Cash Advance Terms for The Secured Visa® from Merrick Bank?

Cash Advance Fee: See Terms

The Secured Visa® from Merrick Bank Cash Advance Explained: Cash advances, what are they? Are they the same as cash? Cash advance is one of the most expensive ways to get cash from your credit card and we almost always recommend you do not use the cash advance feature of the card. There are very high APRs and fees associated with cash advances. They allow you to get cash by using your credit card instead of a debit card.

Are There Any Transaction Fees for Purchases for The Secured Visa® from Merrick Bank

For certain prepaid debit cards and some secured credit cards, there are transaction fees for using your card as a debit card or using the card at an ATM to retrieve cash. The fees for this card are as follows:

Debit Card Transaction Fee: $0

Credit Card Purchase Fee: $0

Load Fee: $0

ATM Fee: $0

Activation Fee: $0

Foreign Currency Exchange Fee: See Terms

What Are Card Penalties for The Secured Visa® from Merrick Bank

If you miss a payment, the APR for cash advances goes to See Terms

If you miss a payment, the APR for purchases becomes See Terms

If you miss a payment, the late fee is See Terms

What credit score is required for The Secured Visa® from Merrick Bank

Score Required: Bad Credit

Credit Score Explained: To qualify for The Secured Visa® from Merrick Bank, you need to have a credit score that is Bad Credit. If your credit score is not at this level, we can recommend another credit card that is perfectly suited for your credit score. Click here to browse our credit cards by credit score.

Enhanced by Zemanta

Tags: ,