INSIDER INFO: New Merrill Lynch Credit Card ETA 04/19/04

SkinnyWalletCom
Senior Member

posted: Mar. 31, 2004 @ 9:19p

http://card.ml.com/

Merrill+ Visa Credit Card

Two things that look interesting to me:

No annual fee
Concierge Services

"Thank you for your interest in MERRILL+
The official card launch begins April 16, 2004.
Please come back to card.ml.com, to apply at that time."

I guess you can press the STOP button to stop the redirecting and apply for it right now.

Employees of ML already received the card. This card is good for those who want the name "Merrill Lynch" on their CC for free. Other benefits that this card offers look good too.

EDIT: New ETA

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posted: Mar. 31, 2004 @ 9:19p

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MitzEclipse
Senior Member

posted: Mar. 31, 2004 @ 9:34p

Looks good , wonder how the concierge service is...

SUCKISSTAPLES
Charter Member

posted: Mar. 31, 2004 @ 9:51p

Conceirge services are likely provided by VISA, not the issuing bank, so Im betting its the exact same VISA concierge other VISA branded cards use

Valentino
Senior Member

posted: Mar. 31, 2004 @ 11:08p

Received that offer 2 weeks ago....in the garbage that same day. 1% cash back and no annual fee is all I can remember.

TheWiseGuy
Senior Member - 1K

posted: Apr. 1, 2004 @ 12:05a

thought they already had a card if u have a CMA account

robertw477
Senior Member - 1K

posted: Apr. 1, 2004 @ 6:00a

Card looks good to m. I have a CMA card. The CMA card is excellent. It is a debit card but the rewards are worth more. For example 6500 points = 100.00 in rewards. Other programs are 10,000 points per 100.00. Also with the CMA card you can get gas at Shell stations (gift cards)(

The Merrill card looks good to me because they have good partners in the program.

Rob

SUCKISSTAPLES
Charter Member

posted: Apr. 1, 2004 @ 6:17a

This is a rebadged MBNA card!

SUCKISSTAPLES
Charter Member

posted: Apr. 1, 2004 @ 6:35a

double post

Alcibiades
Senior Member - 10K

posted: Apr. 1, 2004 @ 6:49a

Considering just "Air Rewards"(and not how much flexibility it might require to redeem them), how does this card stack up against the Capital One Miles card ?

Cards seem somewhat similar, but this has no annual fee and Merrill+ benefits.

Valentino
Senior Member

posted: Apr. 1, 2004 @ 9:37a

robertw477 said:

<< Card looks good to m. I have a CMA card. The CMA card is excellent. It is a debit card but the rewards are worth more. For example 6500 points = 100.00 in rewards. Other programs are 10,000 points per 100.00. Also with the CMA card you can get gas at Shell stations (gift cards)(<BR><BR>The Merrill card looks good to me because they have good partners in the program.<BR><BR>Rob >>

It was 6500pts=$100, but they changed it to 10,000pts=$100 last april?? I just checked the catalog and it says 10,000pts=$100 rewards for the signature visa card.

mlinenb
Member

posted: Apr. 1, 2004 @ 11:08p

it's a super robust rewards card- the more you spend the more rewards you earn. just for being a member- you get a full tank of free gas every hertz rental. you get 2-1 british airways travel deals, free upgrade to a suite at the ritz carlton, there's lots more too.

if you spend 20k you get a free air travel companion voucher, plus you are able to fly anywhere in the usa for up to $400, no black out dates, and you earn the frequent flyer miles for that trip, you also get a free night at the ritz carlton- all for the same 20k spend.

free card- you do not have to be a merrill client, and interest rate is 5.9%, high limits- up to 250k unsecured.
there's tons more stuff, if you spend more than 50k - you get more perks etc. etc.

guoyingzi
Senior Member

posted: Apr. 2, 2004 @ 9:46a

SUCKISSTAPLES said:

<< This is a rebadged MBNA card! >>

Does anyone know if this card has one time card number capability, since it is a MBNA card?

SUCKISSTAPLES
Charter Member

posted: Apr. 2, 2004 @ 10:29a

wouldnt that question be a little premature seeing as how no one here can even APPLY for the card, let alone use it and report back , for 2 more weeks???

mlinenb
Member

posted: Apr. 2, 2004 @ 10:42p

The card is through MBNA, but based on the number and demographics of Merrill's clients, it is a really well thought out card, many, many perks, etc. Credit limits very high- up to 250k! If you have another MBNA card, and get this card, MBNA will look at you as one person and your credit limit of your other MBNA cards (if you have any) will drop to add this one. Your total credit will go up.

the best part of the card- is that it works like a frequent flyer program- the more you spend, the more perks you get- the more free upgrades, also, there is no cap to the points that you can get.

cirrus
Ancient Member

posted: Apr. 3, 2004 @ 9:21a

hah I doubt they'd actually give anybody a 250K line out the door right now.

I think that would be hilarious if they actually gave someone the 250K and they decided to take advantage of that whole 0% introductory APR heh. Just the monthly interest from putting it into a savings account would be a few thousand dollars heh.

SUCKISSTAPLES
Charter Member

posted: Apr. 3, 2004 @ 10:38a

yeah, and MBNA requires only $15 minimum monthly payments!

I dont know ANYONE, even multi millionaires, who have visa/MC credit card limits over $100k.