Our illustration, not the card’s design
Merrick Bank credit card
Merrick Bank Secured Credit Card
Purchase APR 21.95%, variable. No foreign transaction fees.
Checked Nov 1, 2026Updated
- Annual fee
- The first year. Billed $3 dollars per month thereafterReceipt · Annual feeChecked Nov 1, 2026
Issuer document · assets.contentstack.io · PDF
The source states this figure; we have no exact sentence on file yet.
- Purchase APR · variable
- Receipt · Purchase APRChecked Nov 1, 2026
Issuer document · assets.contentstack.io · PDF
“21.95% Your APR will vary with the market based on the Prime Rate.*”
- Foreign transactions
- Receipt · Foreign transactionsChecked Nov 1, 2026
Issuer document · assets.contentstack.io · PDF
The source states this figure; we have no exact sentence on file yet.
Select an underlined figure to see where it comes from.
In dollars
What it’s worth
Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
| Spending | Value against the fee | First year | After |
|---|---|---|---|
| Light spender | −$35 | −$35 | |
| Typical spender | −$35 | −$35 | |
| Heavy spender | −$35 | −$35 |
The spending each assumes, and what isn’t counted
- Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month
−$35a year
The same in the first year and after.
Rewards and credits$0
−$35 after the fee−$35 annual fee
The spending this assumes
A month: groceries $300, dining $100, gas $100, everything else $500.
−$35a year
The same in the first year and after.
Rewards and credits$0
−$35 after the fee−$35 annual fee
The spending this assumes
A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250.
−$35a year
The same in the first year and after.
Rewards and credits$0
−$35 after the fee−$35 annual fee
The spending this assumes
A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500.
Use your own spending
Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards
Against the market
How it compares
- Lower top APR than about 70% of the 651 cards we track.
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
Benefits
- Other
- Other
Every figure with its receipt
Rates and fees
| Annual fee | Receipt · Annual feeChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF The source states this figure; we have no exact sentence on file yet. |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF “21.95% Your APR will vary with the market based on the Prime Rate.*” |
| Cash advance APR | Receipt · Cash advance APRChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF “APR for Cash Advances 26.95% Your APR will vary with the market based on the Prime Rate.*” |
| Cash advance fee | Receipt · Cash advance feeChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF “Either $10 or 4% of the amount advanced, whichever is greater.” |
| Late payment | Receipt · Late paymentChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF “Up to $40” |
| Returned payment | Receipt · Returned paymentChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF “Up to $40” |
| Foreign transactions | Receipt · Foreign transactionsChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF The source states this figure; we have no exact sentence on file yet. |
| Grace period | Receipt · Grace periodChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF “Paying Interest Your Payment Due Date is at least 25 days after the close of each Billing” |
| Minimum interest charge | Receipt · Minimum interest chargeChecked Nov 1, 2026 Issuer document · assets.contentstack.io · PDF “Minimum Interest Charge If you are charged interest, the charge will be no less than $1.00” |
Before you apply
- What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
- Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
Questions
- What is the annual fee?
- $36 the first year. Billed $3 dollars per month thereafter. · assets.contentstack.io · PDF, since Sep 29, 2026
- Does it charge a foreign transaction fee?
- No. · assets.contentstack.io · PDF, since Sep 29, 2026
- What is the purchase APR?
- 21.95% APR · assets.contentstack.io · PDF, since Sep 29, 2026