The Total Merrill Cash Back Visa Credit Card issued by FIA Card Services is a card that is designed for individuals with very good to excellent credit who would like to take advantage of a strong cash rebate program. For every dollar spent using your Merrill Card you will earn one cash back reward credit. It is the card holder's choice to receive their cash rebate as either a check mailed to them or it can be credited to their Merrill Lynch Cash Management Account or Beyond Banking account after earning 5000 credit points. There is no limit to the amount of credits you can earn.
There is no annual fee charged for this cash rewards card and it comes with an extremely favorable APR. You will be hard pressed to find any cash rebate rewards card with interest rates this low. The low rates apply for those individuals that wish to take advantage of the balance transfer and cash advance options as well. The introductory rates are good for the first year of opening your account and can be a substantial source of savings if you happen to carry balances with one or more credit card issuers that charge high interest rates.
Typically banks and credit card issuers will charge a high enough interest rate on their customers that choose to carry a monthly balance that it will more than offset the fact that their introductory APR is so low. Credit card issuers bank on the fact that upon expiration of the intro offer, the interest rates then charged on credit card balance transfers will make that card holder profitable even after the cash back rewards are paid. The interest rates on the Total Merrill Cash Back Card are low enough that if you choose to carry a balance you are still getting a good deal. It also boasts a line of credit up to $250,000. That alone will give you a strong indication of how much they value their customers. |