Start My Answer

How Often Does Merrick Bank Increase Your Credit Limit?

Sarah Edwards | February 05, 2024

Sarah Edwards
Legal Expert
Sarah Edwards, BS

Sarah Harris is a professional researcher and writer specializing in legal content. An Emerson College alumna, she holds a Bachelor of Science in Communication from the prestigious Boston institution.

Edited by Hannah Locklear

Hannah Locklear
Editor at SoloSuit
Hannah Locklear, BA

Hannah Locklear is SoloSuit’s Marketing and Impact Manager. With an educational background in Linguistics, Spanish, and International Development from Brigham Young University, Hannah has also worked as a legal support specialist for several years.

Credit Card

Summary: Merrick Bank will watch your account activity for 7 months to decide if you are eligible for an increase in your credit limit. Merrick Bank regularly evaluates its cardholders for credit responsibility before approving increases. SoloSuit explains what to expect.

Your credit history plays a big role in many things in life, including your ability to obtain a mortgage, buy a vehicle, or obtain a loan. With a solid credit score, you’ll alleviate many of the burdens people with low credit suffer from, like high-interest loans and limited funding availability.

An unexpected increase in your credit line is a sign that your creditors like doing business with you. Most credit card companies, including Merrick Bank, regularly evaluate customers and raise their credit lines when they make prompt payments.

Is Merrick Bank suing you for a credit card debt? Settle the matter quickly with SoloSettle’s help.

Settle with SoloSettle

Make an Offer

Merrick Bank may increase your credit limit if you manage your finances well

Like other creditors, Merrick Bank regularly grants credit line increases to people who maintain their finances well. Pay your bills on time and limit the use of your credit card. If Merrick Bank sees you handle your card responsibly, it will reward you appropriately.

How often does Merrick Bank increase your credit limit?

Merrick Bank will watch your account activity for 7 months to decide if you are eligible for an increase in your credit limit. So, if you’ve made at least your minimum payment for the first 7 months of opening your account, you will receive a Merrick Bank credit line increase.

Can I request a credit increase with Merrick Bank?

Technically, you can call Merrick Bank to request a credit line increase, but the Merrick Bank’s website says, “No need to call, your account will be regularly reviewed for credit line increases.” In other words, it’s best to focus on making your minimum payments in order to increase your credit limit with Merrick Bank.

Why an increase to your credit line is a good sign

Credit reporting bureaus determine your credit score based on several factors, including making timely payments, your credit utilization, and the age of your open accounts. Late payments and collections activity can drop your credit score by 50 or more points for every adverse report.

When a creditor like Merrick Bank decides to increase your credit line, your credit utilization drops. For instance, if your card initially had a $1,000 limit and you carry a $500 balance, your credit utilization is 50%.

However, if Merrick Bank increases your credit limit to $2,000, your credit utilization becomes 25%. Since you’re now using less of the credit available to you, your credit score will increase.

You want your credit score to be in good shape. A great credit score will open the door for better financing options when you apply for a mortgage or make another major purchase.

Most creditors won’t raise your credit line just because you ask

It’s important to understand that credit line increases are a reward. Most creditors (including Merrick Bank) won’t raise your credit line just because you decide to call them or send them a letter. The process is usually automatic, and it occurs when you stay on top of your bills.

You can improve your chances of obtaining a credit line increase by doing the following:

  • Paying your monthly bill on time.
  • Maintaining a low monthly balance on your card or paying it off completely each month.
  • Refraining from using your credit card as a “cash crutch.”
  • Keeping your credit applications to a minimum.

Merrick Bank will monitor your payment and balance activity and increase your credit line once it sees at least seven months of your hard work.

Let’s consider an example.

Example: Trisha applies for a new Merrick Bank Mastercard and gets the green light for a card with a $1,000 credit limit. She uses the card to buy a new TV for $700 and makes $75 monthly payments for seven months. At the end of the seven months, her remaining balance is $225 since she incurs $50 in interest charges. Merrick Bank sees that Trisha is diligently staying on top of her debt, so it doubles her credit line to $2,000. Trisha’s credit utilization on her Merrick Bank card drops from 22.5% to 11.25%, and she sees a subsequent 40-point increase in her credit score.


In this example, Trisha does everything right — she makes a purchase with her credit card and regularly pays her debt each month. Merrick Bank rewards her for her efforts. Trisha will have no trouble qualifying for low-interest loans on future major purchases if she stays on the same path.

What is the Merrick Bank highest credit limit?

The highest credit limit for Merrick Bank cards is $3,000.

Use your credit line increases responsibly

If you suddenly receive a credit line increase from Merrick Bank, it can be tempting to celebrate by buying something you’ve had your eye on, like a trip to the Bahamas or a new iMac. However, you shouldn’t view credit line increases like free cash. Instead, treat them as a lesson in learning to manage your buying impulses.

Many people fall into debt because they overextend their credit usage. Avoid this mistake by using your card only for things you absolutely need and can afford to pay off within a few months.

Don’t like Merrick Bank charge off your account

When you go several months without paying your credit card bills, Merrick Bank will most likely charge off your account. At this point, you’ve probably heard from Merrick Bank from several attempts to collect the debt, but if they charge off your account, your credit score will drop significantly and you may find yourself in the middle of a debt lawsuit.

If you’ve been sued for a debt with Merrick Bank, it’s not too late to resolve the matter. First, you should respond to the lawsuit with a written Answer. This will protect you from losing automatically by a default judgment.

Next, consider settling the debt once and for all. You can reach out to Merrick Bank to discuss debt settlement at any part of the lawsuit process. Send a settlement offer to gauge how much they are willing to accept in order to resolve the debt for good.

SoloSettle, powered by SoloSuit, makes the debt settlement process simple. Our software helps you send and receive settlement offers until you reach an agreement with Merrick Bank.

To learn more about how to settle a debt with Merrick Bank, check out this video:

What is SoloSuit?

SoloSuit makes it easy to fight debt collectors.

You can use SoloSuit to respond to a debt lawsuit, to send letters to collectors, and even to settle a debt.

SoloSuit's Answer service is a step-by-step web-app that asks you all the necessary questions to complete your Answer. Upon completion, we'll have an attorney review your document and we'll file it for you.

>>Read the FastCompany article: Debt Lawsuits Are Complicated: This Website Makes Them Simpler To Navigate

>>Read the NPR story on SoloSuit. (We can help you in all 50 states.)

How to Answer a Summons for debt collection in all 50 states

Here's a list of guides on how to respond to a debt collection lawsuit in each state:

The Ultimate 50 State Guide

Guides on how to resolve debt with every debt collector

Are you being sued by a debt collector? We’re making guides on how to resolve debt with each one.

Resolve your debt with your creditor

Some creditors, banks, and lenders have an internal collections department. If they come after you for a debt, Solosuit can still help you respond and resolve the debt. Here’s a list of guides on how to resolve debt with different creditors.

Get debt relief in your state

We’ve created a specialized guide on how to find debt relief in all 50 states, complete with steps to take to find relief, state-specific resources, and more.

Debt collection laws in all 50 states

Debt collection laws vary by state, so we have compiled a guide to each state’s debt collection laws to make it easier for you to stand up for your rights—no matter where you live.

Check the status of your court case

Don’t have time to go to your local courthouse to check the status of your case? We’ve created a guide on how to check the status of your case in every state, complete with online search tools and court directories.

How to stop wage garnishment in your state

Forgot to respond to your debt lawsuit? The judge may have ordered a default judgment against you, and with a default judgment, debt collectors can garnish your wages. Here are our guides on how to stop wage garnishment in all 50 states.

How to settle a debt in your state

Debt settlement is one of the most effective ways to resolve a debt and save money. We’ve created a guide on how to settle your debt in all 50 states. Find out how to settle in your state with a simple click and explore other debt settlement resources below.

How to settle with every debt collector

Not sure how to negotiate a debt settlement with a debt collector? We are creating guides to help you know how to start the settlement conversation and increase your chances of coming to an agreement with every debt collector.

Other debt settlement resources

Personal loan and debt relief reviews

We give a factual review of the following debt consolidation, debt settlement, and loan organizations and companies to help you make an informed decision before you take on a debt.

Guides on arbitration

If the thought of going to court stresses you out, you’re not alone. Many Americans who are sued for credit card debt utilize a Motion to Compel Arbitration to push their case out of court and into arbitration.

Below are some resources on how to use an arbitration clause to your advantage and win a debt lawsuit.

Stop calls from debt collectors

Do you keep getting calls from an unknown number, only to realize that it’s a debt collector on the other line? If you’ve been called by any of the following numbers, chances are you have collectors coming after you, and we’ll tell you how to stop them.

Civil law legal definitions

You can represent yourself in court. Save yourself the time and cost of finding an attorney, and use the following resources to understand legal definitions better and how they may apply to your case.

Get answers to these FAQs on debt collection

How-to debt guides

Learn more with these additional debt resources


Not sued yet?

Use our Debt Validation Letter.


Out Debt Validation Letter is the best way to respond to a collection letter. Many debt collectors will simply give up after receiving it.


Let's Do It

It only takes 15 minutes.

And 50% of our customers' cases have been dismissed in the past.


"Finding yourself on the wrong side of the law unexpectedly is kinda scary. I started researching on YouTube and found SoloSuit's channel. The videos were so helpful, easy to understand and encouraging. When I reached out to SoloSuit they were on it. Very professional, impeccably prompt. Thanks for the service!" - Heather



Get Started