Merrick Bank Credit Cards
Merrick Bank offers credit cards designed for consumers with different credit needs, including people who want to earn cash back and those who are building or rebuilding their credit. Its card lineup includes the Ollo Everyday Rewards Mastercard® and the Merrick Bank Secured Credit Card. Compare the available cards, review their fees and features, and learn which options may fit your financial situation.
Ollo Everyday Rewards
- See if you are Pre-Approved with no impact to your credit score
- 3% cash back at gas and EV charging stations, grocery stores and drugstores
- 1% cash back on all other purchases
- No expiration dates and no limit to how much you can earn
- No annual fee
- Automatic review for credit line increase in as little as 6 months
- No surprise fees: No over-the-limit, no returned payment and no foreign transaction fees. Plus, no rate hike for making a late payment
- Zero Fraud Liability
- CLICK HERE TO APPLY ONLINE
Merrick Bank Secured Credit Card
- Choose your own credit line based on how much money you want to put down as a security deposit.
- Initial deposits can be from $200 to $3,000. You can increase your credit line at any time by adding additional money to your security deposit, up to $3,000.
- After 9 months, we review your account for a credit line increase. No additional deposit required!
- Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
- Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
- Get your FICO® Credit Score for free each month.
- Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with available Auto Pay and account alerts.
- Card issued by Merrick Bank, Member FDIC.
- CLICK HERE TO APPLY ONLINE
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Compare a variety of credit card offers.
The Ollo Everyday Rewards card is worth considering if you have bad to good credit and want a credit card with no annual fee and cash-back rewards on everyday purchases. You can see if you're pre-approved with no impact to your credit score.
FICO® Credit Scores
A FICO® Score is a proprietary credit score created by the Fair Isaac Corporation (FICO). About 90% of top U.S. lenders use it to make lending decisions.
FICO® Score Ranges:
- Exceptional: 800–850
- Very Good: 740–799
- Good: 670–739
- Fair: 580–669
- Poor: 300–579
FICO categorizes scores as Poor, Fair, Good, Very Good, and Exceptional.
What is a Credit Score?
A credit score is a three-digit number (300–850) predicting your creditworthiness. Lenders use it to evaluate risk and determine rates and terms for credit.
Why it matters: A higher score can help you qualify for loans and lower interest rates. A lower score can lead to higher borrowing costs or application denials.
FICO® Credit Score Facts
- Three-Digit Number: Summarizes your credit risk.
- Range: 300–850; higher scores = lower risk.
- Data Source: Uses your credit reports from Experian, Equifax, and TransUnion.
- Industry Standard: Lenders rely on FICO for mortgages, auto loans, and credit cards.
Note: Credit scores reflect your creditworthiness but do not guarantee approval for any credit product.
Security Notice: All participating issuers use secure application systems protected by Transport Layer Security (TLS) encryption to help protect your information.
*See the online credit card applications for details about terms and conditions of credit card offers. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the " Apply Now " button you can review the credit card terms and conditions on the credit card issuer's web site.
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