Why Some Credit Card Issuers Might Require a Deposit

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Since its founding in 1997, Merrick Bank has been known as one of the top issuers of VISA credit cards in the United States. In addition to more than three million cardholders throughout the country, Merrick Bank has extended these consumers more than $5.3 billion in credit. To go along with its popular VISA credit cards – including the Platinum Visa and Secured Visa – Merrick Bank provides consumers with a variety of other products and services, such as RV and boat loans, personal loans, and certificates of deposit.
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