|
|
Merrill Lynch Signature Rewards®Quick Summary:
This Visa, issued by Bank of America may offer investment rewards with special savings or investment privileges based on your total spending. This is a secured card that does not issue a traditional line of credit. Many consumers use secured cards to help establish or re-build their credit ratings as long as the issuer reports to credit bureaus (see offer details below about reporting information).APR's:
A 0% APR is listed for this card, meaning that balances may need to be paid in full each month as charge cards specify, or there is a special program regarding payment. Due to the limited information we have about this rate, we advise you to read the offer details along with the terms and conditions in full. Rewards:
This card offers investment rewards for purchases, where you can expect deposits or points into an investment account based on your total spending. Credit Record Needed:
Based on the FICO score recommendation, applicants should have a fairly solid credit record, with no recent negative marks on their report. A FICO score of at least 650 is recommended for a higher chance of approval for the Merrill Lynch Signature Rewards®, but is not required. There are a number of other factors that this issuer may also consider when making decisions for approval. Other Basics:
This card is intended for people that want a secure line of credit. Uses for this type of card may include budgeting funds, adding deposits for later use, building a credit rating (if issuer reports to the credit bureaus), and possibly more. A secured credit line may be compared, or is similar to a debit card. This card contains the brand of Visa, where acceptance is global. Most businesses that accept credit cards will accept Visa as a form of payment. Approval Rate:
There was 1 person that reported the application status to us after applying. The applicant was approved. Helpful qualification information, including credit scores, rates, household income and more was reported. There have been no approvals in our internal system that we can calculate for this card. This could be due to lack of time that this card has been listed at Finance Globe or from other various factors. As we gain more information about the approval rates, we will update them here. If you believe that you fall into the credit record of "Fair Credit" then you will have a better chance for approval. Furthermore, if your FICO score is close to or higher than 650, then your chance of approval may be greater than other applicants. Approval Time:
Approval time for this offer is not listed. However, you could normally expect the approval process to be completed between 1 to 2 weeks, and an additional 1 to 2 weeks for the card to be delivered after you are approved. Offer Details: Visa Signature Rewards is a deferred debit card that automatically debits your purchases from your Merrill Lynch account.
- Linked to your Merrill Lynch Cash Management Account (CMA) or Beyond Banking Account (BBA)
- Purchases are deducted at the end of the month* with our Deferred Debit feature
- Trip Cancellation Insurance and Emergency Travel Assistance
- There are no interest charges2 or due dates to remember
- Get cash at over one million ATMs worldwide
- Free ID Theft Restoration
Rewards
and Benefits:Every dollar you spend gives you one point. The more you use your card, the more points you earn!
- Earn 1 point for every $1 in eligible purchases
- Travel Anytime, Anywhere, Any Airlinesm with no blackout dates starting at 25,000 Merrill Pointssm*
- Get the lowest price guarantee and double points when booking cruises
- Choose merchandise, gift certificates or customize your own reward
- Redeem points for cash that can be used towards a Merrill Lynch 529 account
- Redeem points for cash that can be used against fees and commissions posted to your Merrill Lynch account in a current calendar year
Other Remarks:
No interest is charged on the Visa Signature Rewards Card. If you exceed the balance on your account an overdraft or margin loan may be extended that requires payment of interest as stated in your agreement.
*Please view and verify the card offer's terms and conditions
regarding interest rate, fees, grace periods, approval time and other
information before applying.
|
It's fast and easy to compare card offers by the criteria you require. That way you get the best card for your needs.
| |
 |
Search Options: | | |
Secured Card Rate Comparison
| APR | 0.00% | | Avg. APR** | 6.99% | | Annual Fee | $0 | | Avg. Annual Fee** | $27.33 | |
** APR average does not include cards where APR is 0%, unless viewing offers in the secured card category. "Annual fee
average" contains the average of all fees in a specific category (Secured cards), even where the fee is $0. This data is subject to Finance Globe's
terms and conditions.
Options:
View rates and fees for all cards.
|
