Merrick Bank Double Your Line® Secure Visa® Credit Card Review – Forbes Advisor

Merrick Bank Double Your Line® Credit Card* compared to the Discover it® secure credit card

The Discover it® secure credit card earns 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter. Plus, get unlimited 1% cash back on all other purchases. Additionally, the card comes with Unlimited Cashback Match – Discover will automatically match any cashback earned at the end of the first year.

The rewards, combined with no annual fee, put the Discover it® Secured Credit Card on our list of best secured credit cards and ultimately a better choice than the Merrick Bank Double Your Line® Credit Card.*.

Merrick Bank Double Your Line® Credit Card* compared to the Petal® 1 “no annual fee” Visa® credit card

The “No Annual Fee” Visa® Petal® 1 Credit Card, issued by Member FDIC Member WebBank, is an unsecured card marketed to those whose credit may cause them to seek out a secured card. The “no annual fee” Visa® Petal® 1 credit card is eligible for rewards at select merchants and, as a Visa card, offers certain benefits, including car rental damage insurance and access to road distribution.

WebBank may use what the issuer calls a “cash score” and does not require applicants to have a credit score. Those whose finances need a bit of pruning can find an olive branch with the Petal 1. The Merrick Bank Double Your Line® Credit Card* could bring them down in the mud with its less-than-favorable annual fee.

Merrick Bank Double Your Line® Credit Card* vs. Bank of America® Custom Cash Rewards Credit Card for Students*

Students looking for a credit card for personal credit enhancement should consider the Bank of America® Customized Cash Rewards Credit Card for Students*. The no annual fee card earns 3% cash back in the category of your choice and 2% automatically at grocery stores and wholesale clubs. Cash back is limited to $2,500 in the 3% and 2% categories combined each quarter. Earn unlimited 1% on all other purchases.

Among the many demographic groups looking to improve or grow their credit, students face a unique array of options and should, in addition to considering secured cards, consider other student cards to help build their credit.

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