I agree that Merrick Bank is the worst credit card you can get by invitation. Yes, they will nickel and dime you to death and they don’t seem to want to establish a long-term relationship with you as the customer. For instance….I paid with my Merrick Card a loan payment. Had I known what the consequences would be afterwards, I would have used my own debit card.The bank that I paid processed the payment as a cash advance, therefore, Merrick Bank charged $10 for the fee and is now charging me a percentage interest charge called a “cash advance” interest fee that they would not even waive since the transaction wasn’t a cash advance. If a bank can’t help the customer out, you don’t need the services….that’s what they are there to do, serve the public. Well they have taken all of my monies for the last time. I am paying off this balance and I am done with Merrick Bank! As long as I have a balance, i will be assessed the fee for the cash advance that never took place. I would definitely read the small print much closer people before you accept this card, even if you are desperate for one. If you have fair credit or poor credit, if the invitation comes in the mail….shred it quickly. Don’t get stuck with this card, it’s “greedy!”
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