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52

Ollo Everyday Rewards Mastercard

Merrick Bank

Top-25 issuerNationalVariable · PrimeNo credit scoreCredit score 619 or lessCredit score 620–719Credit score 720+
Issuer site ↗
Purchase APR
24.49–29.99%
Annual fee
$39
0% intro
12 mo
0% transfer
12 mo
Foreign fee
None
Grace period
25 days

Purchase APR by credit tier

Median rate the issuer reported for each tier

No score
29.74%
≤619
29.74%
620–719
29.74%
720+
24.74%
Lowest offered24.49%
Median29.74%
Highest offered29.99%

Introductory purchase APR

Promotional window: 12 months

The intro rate was not broken out by credit tier — the issuer reported a single range.

Lowest offered0%
Median0%
Highest offered0%

Balance transfer APR

Promotional window: 12 months

The transfer rate was not broken out by credit tier — the issuer reported a single range.

Lowest offered0%
Median0%
Highest offered0%

Cash advance APR

No score
29.74%
≤619
29.74%
620–719
29.74%
720+
24.74%
Lowest offered24.49%
Median—
Highest offered29.99%

Every fee on this card

Annual fee$39
Periodic fee range$0 – $39
Balance transfer fee4% (min $5)
Cash advance fee5% (min $10)
Foreign transaction feeNone
Purchase transaction feeNone
Late fee$29
Repeat late fee (6 mo)$40
Over-limit feeNone
Minimum finance charge$1.50
Balance computationAverage daily balance including new purchases
Additional fees
Expedited delivery fee$29

Rewards, benefits and features

Rewards
  • Cashback rewards
Services
  • Access to Free Credit Scores
  • Other
Features
  • Contactless Payments
  • Chip card
  • Fee-free foreign transactions
  • Mobile wallet provisioning (for example, Apple Pay)

Who can get this card

AvailabilityNational
Membership requirementsOpen to the public
Balance transfer calculator
Stay put — 12 mo at 24%$600
Transfer fee (4%)$200
Promo interest at 0.00%$0
You save$400

Assumes you pay the balance down evenly across the 12-month promotional window, so the average outstanding balance is about half the transfer. Rates revert to 29.74% afterwards.

Cost to carry a balance
Interest for a year at 29.74%$892.20
Annual / periodic fees$39
Total yearly cost$931.20

Simple interest on a constant balance — a plain-language upper bound rather than an amortisation schedule. Paying in full each month within the 25-day grace period avoids the interest entirely.

Cardholder agreements

3 documents filed by Merrick Bank in the 2026 Q1 archive.

More from this issuer