Merrick Bank Corp. Credit Dept
Ripoff Raise Credit Limits, then dramatically raise interest rates
I have had a Merrick Credit Card for a couple of years.in no way have I ever been in default of any kind. I have routinely paid the balance off. Needless to say, I was shocked to get a letter in the mail today that the interest rates will increase from 20.20% to 30.20% with a ceiling of 35.00%. ...