WalletHub Rating
3.2/5
The Mercury Credit Card is an unsecured credit card for people with fair credit that could end up being decent or pretty bad, depending on the exact offer you get. The annual fee could be $0, and some people might get 1 point per $1 spent, but the standard offer does not include rewards. Info about the Mercury Credit Card has been collected by WalletHub to help consumers better compare cards. The financial institution did not provide the details.
WalletHub Rating Breakdown
User Reviews
2.8/5
135 reviewsRead and write reviews
Editor’s Review
1.8/5
John Kiernan, Credit Card EditorRead full review
Market Comparison
Market Comparison
3.4
The Market Comparison is a key component of the WalletHub Rating, as it measures how appealing the terms of a card are compared to a pool of over 1,500 credit card offers monitored by WalletHub. To ensure cards are evaluated for their most relevant purpose, we score each card across various cardholder needs and select the rating for the need with the highest score, which is “Improve Credit by Paying in Full Each Month” for this card.
Fees
5.0
Rewards
0.0
Cost
3.3
Other Features
5.0
3.4/5
Compared against 1,500+ credit cards
KEY TERMS
Accepted Credit Scores
Accepted Credit Scores
Fair Credit
Annual Fee
$0
APR on Purchases
29.99% - 32.99% (V)
Balance Transfer
APR: 29.99% - 32.99% (V)
Balance Transfer Fee
Mercury Credit Card's Additional Info
•
You can apply for the card if you have been pre-approved and received an offer/reservation.
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$0 Fraud Liability if your card is lost or stolen.
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FICO Score for free.
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Based on your creditworthiness you can receive an offer where you're automatically enrolled in Mercury's Rewards program.
show more
at The First Bank and Trust Company's secure site
Editor's ReviewFact checked
Fact checked
John Kiernan, Managing Editor
February 27th, 2024
Fact Checked by Alina Comoreanu
Senior Researcher
Mercury Credit Card Pros & Cons
No membership fees
Qualify with fair credit
No rewards
High regular APR
Foreign fee
Mercury Credit Card Review
1.8 / 5
The Mercury Credit Card is an unsecured credit card for people with fair credit that could end up being decent or pretty bad, depending on the exact offer you get. The annual fee could be $0, and some people might get 1 point per $1 spent, but the standard offer does not include rewards.
To find out whether you’re eligible for the best version of the Mercury Credit Card or a more expensive, less rewarding model, you will need to first check whether you’re pre-approved. You can’t just apply for the card outright. You need a pre-approved offer/reservation first.
Checking to see if you’re pre-approved for the Mercury Credit Card will not affect your credit, so there’s little downside in trying. But you should definitely make sure to compare your options before accepting an offer and applying for real.
Mercury Credit Card Review Highlights
$0 Annual Fee
The exact fee you’ll be assigned depends on your overall creditworthiness. For comparison, the average annual fee among credit card offers on the market right now is just $21.58. Plus, credit cards without annual fees are available to people across the credit-score spectrum.
0-1 Point / $1 Spent
You can’t count on getting rewards from this card. Some people will be approved for offers that include 1 point per $1 spent on purchases, while other people will get offers with no rewards whatsoever. Even the maximum rewards rate isn’t very attractive, so if rewards are a priority for you, it’s best to look elsewhere.
29.99% - 32.99% (V) APR
Carrying a balance from month to month with this card will be quite expensive, thanks to this lofty interest rate. The average APR among credit cards for people with fair credit is just 26.59%, and people with good credit may be able to qualify for a 0% APR credit card.
640 Credit Score Recommended
You will need to get pre-approved regardless, but your odds of receiving a competitive offer are best if you have a credit score of 640 or higher. You can check your latest credit score for free on WalletHub. On that note, the Mercury Credit Card gives you FICO score access, but the scores are not updated as frequently as they are on WalletHub.
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Compare The Mercury Credit Card vs. Popular Alternatives
 Mercury Credit Card |  Indigo® Mastercard® for Less than Perfect Credit |  Surge® Platinum Mastercard® |
|---|---|---|
3.2WalletHub Rating WalletHub Rating 3.2 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Improve Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 1.8 User Reviews 2.8 Market Comparison 3.4 fees: 5.0 rewards: 0.0 cost: 3.3 Other Features: 5.0 | 1.8WalletHub Rating WalletHub Rating 1.8 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 2.0 User Reviews 3.4 Market Comparison 1.6 fees: 1.5 rewards: 0.0 cost: 0.6 Other Features: 5.0 | 1.9WalletHub Rating WalletHub Rating 1.9 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 2.0 User Reviews 3.4 Market Comparison 1.8 fees: 1.7 rewards: 0.0 cost: 1.1 APR: 0.6 Other Features: 4.7 |
annual fee$0 | annual feeSee Terms | annual fee$75 - $125 |
rewards rate | rewards rate | rewards rate |
bonus offer | bonus offer | bonus offer |
Purchase Intro APRNot Offered | Purchase Intro APRNot Offered | Purchase Intro APRNot Offered |
transfer intro aprNot Offered | transfer intro aprNot Offered | transfer intro aprNot Offered |
Regular APR29.99% - 32.99% (V) | Regular APR35.9% | Regular APR29.99% (Variable) |
Questions & Answers
Can't find what you are looking for? Submit your question about Mercury Credit Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card. In addition, WalletHub independently collected information for some of the cards on this page.
Most Popular
How can I pay my Mercury Credit Card?
8
Upvotes
Reply
8
4
Evelyn Boros, Credit Cards Moderator
@evelyn_boros
The easiest way you can pay your Mercury Credit Card is either by signing in to your account, where you can also set up autopay to avoid late fees, or through the mobile app for iOS and Android. Alternatively, you can pay as a guest or over the phone at (866) 686-2158. Lastly, you can also send a payment via mail.
Here's how you can pay your Mercury Credit Card:
- Online: To make a Mercury Credit Card payment online, log in to your account...
5
What is the Mercury Credit Card credit limit?
3
Upvotes
Reply
3
1
Chip Lupo, Credit Card Writer
@CLoop
The Mercury Credit Card credit limit is reportedly around $500 to start, according to forum posts, and some cardholders report limits as high as $5,000. First Bank & Trust Company does not disclose any specific Mercury Credit Card credit limit information in the card's terms, though.
For the most part, Mercury Credit Card credit limits depend on each applicant's overall creditworthiness. People with the most income and the best credit scores are generally offered the highest starting credit limits.
...
1
What's the Mercury Credit Card customer service number?
7
Upvotes
Reply
7
Evelyn Boros, Credit Cards Moderator
@evelyn_boros
The Mercury Credit Card customer service number is (866) 686-2158. When you call, you will first need to enter your card or account number. If you don't have the information at hand, press 0. The automated system will then give you several menu options to choose from.
If you need assistance applying for a Mercury Credit Card, call (833) 766-4844 and a customer service representative will walk you through the process.
How to contact Mercury Credit Card customer service:
- ...
6
How do I cancel my Mercury Credit Card?
Upvotes
Reply
Maria Adams, Credit Cards Moderator
@m_adams
To cancel your Mercury Credit Card, call customer service at (866) 686-2158 or log in to your online account, through either the website or the mobile app for iOS and Android.
How to Cancel Your Mercury Credit Card
Over the phone
Call customer service at (866) 686-2158 and enter your account number to verify your identity.
Then, follow the prompts to speak to a customer service representative, and let them know you want to cancel. The representative may...
1
2
How much is the Mercury Credit Card foreign transaction fee?
Upvotes
Reply
Maria Adams, Credit Cards Moderator
@m_adams
The Mercury Credit Card foreign transaction fee is 3%. This means the issuer will add a 3% surcharge anytime you use the Mercury Credit Card outside of the United States. The 3% fee also applies to online purchases made through an internationally-based merchant.
If you're looking for a credit card with no foreign transaction fee, then consider applying for a card offered by another issuer. A good option is the Capital One QuicksilverOne Cash Rewards Credit Card. This card offers 1.5 - 5% cash back on purchases and has a $39 annual fee.
You can also check out our editors' latest picks for the best no foreign transaction fee credit cards on the market to weigh your options.
What credit bureau does the Mercury Credit Card use for approval?
9
Upvotes
Reply
9
1
Sydney Garth, Credit Cards Moderator
@sydneygarth
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.
And when it comes to your financial activity, the Mercury Credit Card will report it to all three major credit bureaus on a monthly basis.
4
How can I buy a gift card with my Mercury Credit Card?
9
Upvotes
Reply
9
1
Michael Pike
@michael_pike
You can buy a gift card with your Mercury Credit Card through any store that accepts credit card payment for gift cards. Some big chains (like Walmart and Target) will allow you to do it, but you can also buy from online stores (like Amazon.com).
However, not all stores allow this, as buying gift cards with counterfeit or stolen credit cards is a pretty common practice.
3
Can I use my Mercury Credit Card anywhere?
7
Upvotes
Reply
7
Kendall Morris, Credit Cards Moderator
@kendallmorris
Yes, you can use your Mercury Credit Card anywhere Mastercard is accepted. Since Mastercard is the most widely accepted credit card network, it means you can use it in more than 210 countries and territories. Just bear in mind that this card has a 3% foreign transaction fee.
3
Is the Mercury Credit Card legit?
7
Upvotes
Reply
7
1
Chip Lupo, Credit Card Writer
@CLoop
Yes, the Mercury Credit Card is legit. The Mercury Credit Card is legit because it is issued by First Bank & Trust, an FDIC member that has an "A+" rating with the Better Business Bureau. The Mercury Credit Card also reports information to the major credit bureaus each month.
Why The Mercury Credit Card is Legit
- Issued by First Bank & Trust, FDIC member with an "A+" rating from the Better Business Bureau.
- 2.8 / 5 average user rating on WalletHub. ...
3
View more answers
What's the Mercury Credit Card payment address?
5
Upvotes
Reply
5
1
Kendall Morris, Credit Cards Moderator
@kendallmorris
The Mercury Credit Card's payment address is:
Card Services
PO Box 70168
Philadelphia, PA 19176-0168
To avoid being charged late fees, make sure you send your payments via mail at least 5-7 days before your due date.
If you'd like your payments to be processed faster, pay online, via the Mercury mobile app for iOS and Android, or by calling (866) 686-2158.
2
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Mercury Credit Card is related to the following categories:
Mercury Credit Card Reviews
Share your insights and review for the Mercury Credit Card
5
38%
4
5%
3
4%
2
5%
1
47%
2.8
135 reviews
135 reviews
What's Your Rating?
Most Recent
Morgan Hamby
@morganjh96
1 Star Rating
I applied for this card last year through Credit Karma and received an email from Mercury stating they could not determine if I was eligible based on the information I provided (Which was the exact same information I provided when applying for my other credit cards, except they were able to determine my eligibility almost immediately), and that I would receive a notice of determination within 30 days. Not only did I never receive anything from them, be it an email or physical letter, within 30 days, but to this day I have never heard anything from them.
Because of this, I'm certain I was denied. However, Mercury's complete lack of communication, especially regarding whether I was denied, was and is a direct violation of the Equal Credit Opportunity Act/Federal law. When I tried to find the card on Credit Karma a month or so after applying to leave a review and let others know, Credit Karma had conveniently removed the card from their database. They have since brought it back, but because I am not a "Verified cardholder", I can't leave a review, which again, is entirely due to Mercury's failure to communicate with me.
Avoid this card at all costs unless you want a hard inquiry on your credit and to risk never receiving the card or hearing from Mercury.
Comment
mercedes_f1_fan
@mercedes_f1_fan
5 Star Rating
Mercury was the first credit card offer I received after years of financial trouble and bad credit reports. They took a chance and gave me an initial limit of $3,500. Because of Mercury, I was finally able to charge a vacation and make some much-needed purchases! I completely paid the card off about one year later, and Mercury rewarded me by raising my limit to $4,000. Several years later, I'm at $5,700! It's the perfect card for rebuilding credit! The only downside is that their website is a little clunky.
Comment
angieleec03
@angieleec03
1 Star Rating
This credit card company is an absolute joke. I was approved for $2000 in October of 2023. Now it's March 2024, five months later, and they closed my account due to inactivity. So, because I didn't use my card immediately, they closed my account, and my credit took a major hit. This company is appalling. Please don't even bother applying for this company's card. I wish I could give zero stars because that's what they deserve.
Comment
Leslie Larson
@ldhlang
1 Star Rating
You receive your card, and if you do not start using it right away, they close it within four months. Having closed accounts on your credit is terrible, especially so shortly after a hard credit pull. They are just upset I did not use my card irresponsibly, carry a balance, and pay their ridiculous interest rate. I will keep my cards from other reputable banks and make it a point to let everyone know the predatory nature of the company that backs this card. I will also report the company to every agency I can for having practices in place that ultimately damage consumers' credit scores.
Comment
dficarella58
@dficarella58
1 Star Rating
I initially filed a fraud case back in October of '23. In December of '23, they informed me that the fraud case was not fraud, and we needed to file a dispute case, so we did. After many conversations with countless supervisors who said it takes 90 days to be patient, I found out the dispute was never opened! Since I filed a fraud claim, it made me ineligible to reopen for a dispute. I've never heard of such nonsense. I'm out $1,000, including interest. I have never had a company not support me like this one. It's a bad card, do not get it! I'm going above their heads to get things done. I'm contacting the BBB, Attorney General, and whoever else I can to remove this card from my life.
Comment
Darlenemccullah53
@Darlenemccullah53
1 Star Rating
Said I was pre-approved and then denied me. I got another credit card; don't need theirs. They shouldn't send out letters for you to apply and take a hit on your credit score! Wish I had read the reviews first.
Comment
Ashley N Williams
@anwilliams5
1 Star Rating
?If I could I would give ZERO STARS! EXTREMELY HIGH INTEREST and the staff cannot explain how it’s calculated every month. I will never make another charge on this card. I’m going to pay it off and shred it (literally)… DO NOT GET THIS CARD!
Comment
hanna miller
@hannamiller8
1 Star Rating
The worst credit card ever. Aside from the high interest rate, their systems are antiquated, hold times are long, customer service is often not fully trained, and their dispute system does not serve their customers but instead serves the merchant. I sent Mercury the information they requested via USPS, and they claim they did not receive it, and closed my disputes in the merchants' favor. They only accept information via fax or USPS. I found another card and going forward will not use Mercury; it's the worst!
Comment
1
Danielle Robinson
@daniellejuicy
5 Star Rating
Hello everyone, I have been with Mercury Credit for about two years now, and I can honestly say I have not had any problems with these people or the company. They are truly the best and I really appreciate them. I will probably be canceling because of the interest rate, but they are the best, in my opinion. Thanks.
Comment
melina alvandi
@melinaalvandi
1 Star Rating
The worst credit company ever, I do not recommend it. Be careful; they are not a trustworthy company, especially when you have settlements. They lie, they charge you whatever they ask for, and after settlement, they play games. They don't deduct from your main balance and end up selling your account to collections to charge you double. Don't trust this credit line.
Comment
Review Mercury Credit Card
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