Www.doubleyourline.com Reviews: The three credit card choices available on Merrick Bank are the Merrick Bank Double Your LineTM Visa® Credit Card, Merrick Bank Secured Visa® Card, and Merrick Bank Visa® Card. Unlike points or cash back cards, these cards offer no advantages. Rather, they target consumers who have limited access to credit or want to increase their credit history. While Merrick Bank reports your payment history to all three credit agencies, which support cardholders in credit construction, it is not worth paying the exorbitant rates for this service. This applies in particular in comparison to other credit cards free of charge for persons with poor credit.
Your credit line will double. For instance, if you start with a $500 credit line and make seven on-time minimum payments, your credit line could increase to $1,000. This will reduce your credit usage, which will improve your credit score.
The Merrick Bank is a financial institution based in Merrick, Double Your LineTM is a trademark of Double Your Line, Inc. The Visa® Credit Card’s distinctive feature—true to its name—is that if you make at least your minimum payment for the first seven months your account is available.