How to Pay Your Merrick Bank Credit Card

How Merrick Bank Credit Card Payments Work

Merrick Bank accepts payments through three main channels: online through your account portal, by phone, or by mail. Payments post to your account the same business day if you pay online or by phone before 8 p.m. Eastern time. Mail payments take five to seven business days to reach Merrick's processing center and post after that, so mailing a payment close to your due date risks a late fee.

Your payment due date appears on your monthly statement and is always the same day each month. Merrick reports your payment history to the three major credit bureaus—Equifax, Experian, and TransUnion—so paying on time directly affects your credit score. A payment 30 days late or more will show on your credit report and stay there for seven years.

Key Takeaways

• Online and phone payments post the same day if made before 8 p.m. Eastern time, while mail payments take five to seven business days plus processing time.
• Your due date is printed on your statement and stays the same each month; paying after that date triggers a late fee and reports to credit bureaus.
• You can set up automatic payments from your bank account through Merrick's website to ensure you never miss a due date.
• If you cannot pay the full balance, paying at least the minimum due by the due date prevents late fees and keeps your account in good standing.

Paying Online Through Your Merrick Account

Log in to your Merrick Bank account at merrickbank.com using your username and password. If you do not have an online account, you can create one by providing your card number, Social Security number, and date of birth. Once logged in, select "Make a Payment" or "Pay Now" from the account menu.

Enter the amount you want to pay and choose your payment source—either a bank account (ACH transfer) or debit card. If you use a bank account, provide your routing number and account number; Merrick will debit the funds the same business day. If you use a debit card, the charge posts immediately. You will receive a confirmation number on screen; save or print it as proof of payment.

Paying by Phone

Call Merrick Bank's customer service line at 1-866-638-6361 to make a payment by phone. Have your card number and the bank account or debit card you want to pay from ready before you call. A representative will walk you through the payment process and confirm the amount and posting date.

Phone payments must be made before 8 p.m. Eastern time to post the same business day. If you call after that time or on a weekend or holiday, your payment will post on the next business day. You will receive a confirmation number; write it down for your records.

Paying by Mail

Write a check or money order payable to Merrick Bank and include your card number on the memo line. Mail it to the address printed on your statement under "Payment Address"—do not send it to the customer service address. Mail payments typically take five to seven business days to arrive, then one to two additional business days to post to your account.

Because mail is slow, only use this method if your due date is at least ten days away. If you are close to your due date, pay online or by phone instead. Keep a copy of the check or money order for your records.

Setting Up Automatic Payments

Automatic payments remove the risk of forgetting your due date. Log into your Merrick account online, go to "Manage Payments" or "Autopay Settings," and select "Enroll in Autopay." Choose whether you want to pay the full statement balance, the minimum due, or a fixed amount each month. Select your payment source (bank account or debit card) and the day of the month you want the payment to come out.

Merrick will debit your account automatically on that day each month. You can change or cancel autopay anytime through your account. If your payment source changes—for example, if you close the bank account you set up autopay with—you must update it in your account settings or autopay will fail and you will be charged a late fee.

What Happens If You Miss a Payment

If your payment does not post by your due date, Merrick charges a late fee (the amount varies by state and your account terms, so check your cardholder agreement). More importantly, a late payment reports to credit bureaus and damages your credit score. A payment 30 days late or more will appear on your credit report for seven years.

If you realize you will miss your due date, contact Merrick immediately at 1-866-638-6361. Some cardholders can negotiate a one-time waiver of the late fee if they have a good payment history, though this is not may provide. Paying as soon as possible after the due date stops additional late fees from piling up, but the damage to your credit score from the first late payment is already done.

Understanding Minimum Payments and Interest

Your statement shows a minimum due amount, which is typically 1 to 3 percent of your total balance plus any fees and interest. Paying the minimum by your due date keeps your account in good standing and prevents late fees. However, paying only the minimum means the rest of your balance carries over to next month and accrues interest.

Merrick's interest rate (called the APR, or annual percentage rate) depends on your creditworthiness and is listed in your cardholder agreement and on your statement. The longer you carry a balance, the more interest you pay. If you can afford to pay more than the minimum, doing so reduces the total interest you pay over time.

Frequently Asked Questions

Can I pay my Merrick card with a credit card or another card?

No. Merrick only accepts payments from a bank account (ACH transfer) or debit card. Paying a credit card with another credit card is treated as a cash advance by most banks and comes with high fees and interest rates.

What if I pay online but the money does not show up in my account?

Log back into your account and check the payment status under "Payment History" or "Recent Transactions." If the payment shows as pending, it will post within one business day. If it shows as failed, the payment source (bank account or debit card) may have been declined; contact your bank to confirm the account is active and has sufficient funds, then try again.

Do I have to pay the full balance, or can I pay part of it?

You can pay any amount from the minimum due up to your full balance. Paying more than the minimum reduces your interest charges but is not required. You must pay at least the minimum by your due date to avoid a late fee.

How long does it take for a payment to show up after I pay online?

Online payments post the same business day if made before 8 p.m. Eastern time. If you pay after 8 p.m. or on a weekend or holiday, the payment posts on the next business day. You can check your account status immediately after paying to see the updated balance.

What if my due date falls on a weekend or holiday?

Your due date does not move. However, if you pay by mail and your due date falls on a weekend or holiday, Merrick will not process the payment until the next business day. To be safe, pay online or by phone if your due date is on or near a weekend or holiday.