Yes, the Mercury Credit Card offers pre-approval for potential applicants. This pre-approval is based on information in your credit profile and is typically mailed out to eligible individuals. If you receive a pre-approval letter, you can check your eligibility by entering your last name, ZIP code, and last four digits of your Social Security number on the Mercury website
The interest rate for the Mercury Credit Card is a variable APR ranging from 29.99% to 30.24%
To have a good chance of approval for the Mercury Credit Card, applicants typically require a minimum credit score of 640. This means that individuals with fair credit or higher will have a viable opportunity to get approved for the card.
To avoid high interest rates on the Mercury Credit Card, it’s vital to pay your full balance each month to prevent interest accumulation. If you can’t pay the full amount, make timely payments to minimize interest charges. Moreover, maintain control over your spending to avoid needing high-interest borrowing.
No, the Mercury Credit Card doesn’t do a hard pull for credit limit increases.
The Mercury Credit Card can use any of the major credit bureaus (TransUnion, Experian, or Equifax) for approval. Regardless of the bureau they choose to pull from, it will always appear as a hard pull on your credit.