Most credit cards only give credit to those with the best credit. We are not most credit cards! In order to offer the Hooters MasterCard to all kinds of people with all kinds of credit we have many different interest rates. For those with great credit our lowest rate is one of the most competitive in the rewards credit card marketplace. For those of you with questionable credit: well, we'll do the best we can.
Features You Shouldn't Live Without
- No Annual Fee (for qualified applicants)
- Zero Liability on unauthorized purchases.
- Cash Advances at over 900,000 MasterCard ATMs
- Low Variable Rates (for well-qualified applicants)
- Large credit lines (for well-qualified applicants)
- FREE Online account information and Bill Pay
- Friendly 24/7/365 Customer Service
- Flexible Payment Options
- Credit Building Opportunities
|Credit Target||Type||Annual Fee||BT Intro APR||Purchase Intro APR||Regular APR||Rewards|
|Fair Credit||Personal||$0*||N/A*||N/A*||16.45%* - 25.45%*||Flexible Options|
This MasterCard rewards card with flexible options is issued by Merrick Bank. This card is intended for consumers, or "personal use" with a fair credit history. APR's may vary among applicants, however the lowest standard APR is 16.45%* and may be as high as 25.45%* (Variable)*, depending on your credit worthiness*.
There is not an introductory APR for this card, so the lowest or standard rate may apply immediately or after the grace period for eligible purchases.
This is a flexible options rewards card. You should be able to choose different reward types, such as travel, points, or other options. This type of card adjusts to the changing needs of the cardholder.
Credit Record Needed:
Based on the FICO score recommendation, applicants should have a recently clean credit record, with no recent negative marks on their report. However the card issuer may expect limited discrepancies. A FICO credit score range of 600-695 is recommended for a higher chance of approval, but this is not required. There are a number of other factors that this issuer may also consider when making decisions for approval. While your FICO score is usually a very important factor, you may want to consider other areas that may affect a decision for approval. For example, your debt to income ratio, recent credit inquiries, 30+ day delinquencies, or current credit accounts nearing the maximum amount may affect a credit decision.
FICO scores/credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, a credit score alone does not guarantee or imply approval for any Merrick Bank product.
The grace period listed for the Hooters MasterCard is at least 25 days*. So interest charges will not be applied for new purchases during this time. Be aware that some issuers will begin charging interest on cash advances and balance transfers on the transaction date.
This card contains the brand of MasterCard, where acceptance is global. Most businesses that accept credit cards will accept MasterCard as a form of payment.
Annual fee will be decided based on your credit record. Fee may be $0-$72.
There were 91 people that reported their status to us after they applied. They provided us with helpful qualification information, including their credit scores, the rates offered to them, household income and more. 75% of those applicants were approved.
The approval rate for this card is average. Furthermore, if your FICO score is close to or higher than 605, then your chance of approval may be even greater.
Approval time for this offer is not listed. You should expect a final credit decision within a couple of weeks, but normally much sooner.
Based on community reviews, we found that 94% of 153 users recommend this card.