Merit Platinum full review
Find out why the Merit Platinum Card can be your reliable credit card choice.
Discover the Benefits of the Merit Platinum Card for Your Credit Needs
Gone are the days when credit cards were reserved for a select few. Nowadays, they have become essential for many individuals who previously lacked access. However, not all credit cards cater to everyone’s needs.
The Merit Platinum Card is perfect for individuals without a credit history or those who do not meet the requirements for other cards. It also offers additional benefits, such as credit monitoring and legal assistance.
Unlike other cards, the Merit Platinum Card does not rely solely on credit scores as the main factor for approval, making it easier for more people to obtain.
Understanding the Merit Platinum Credit Card
The Merit Platinum Card is a product offered by Horizon Financial Service. It aims to simplify the lives of its customers by providing them with a credit service exclusively for purchases at the Horizon Outlet.
Using the Merit Platinum Card for purchases at Horizon Outlet stores, which offer a range of products including clothing, toys, and electronics, allows users to enjoy interest-free transactions and improve their credit scores. Due to its favorable reviews, the Merit Platinum Card has become a popular choice for individuals seeking a reliable credit card option despite their lower credit scores.
The card has a monthly subscription fee of $14.95, which amounts to an annual fee of $179.40 paid in installments.
About Horizon Financial Service
Established in 2011, Horizon Financial Service LLC is a company dedicated to helping clients achieve financial stability through effective financial planning. The company boasts employees with extensive knowledge of tax implications and aims to understand clients’ life goals, offering comprehensive financial management services.
Introducing the Horizon Outlet
The Horizon Outlet is an online shop that requires membership for access. Upon becoming a member, individuals are provided with a 16-digit Horizon Gold card number, which serves as one of the login details. The online store offers a wide selection of products for men, women, home, toys, seasonal items, and more.
Benefits of the Merit Platinum Card
No Credit History Assessment
The Merit Platinum Card is ideal for individuals with poor credit or no credit history at all who desire a store card without undergoing a credit or employment check. Additionally, it offers various perks such as credit monitoring and roadside and legal assistance.
By reporting account activity to credit reporting agencies like Equifax, Experian, and TransUnion, the Merit Platinum Card helps users enhance their credit scores. Consistently paying the card bills on time increases the likelihood of achieving financial stability.
Seven-Day Trial Option
The seven-day trial option is perfect for individuals who are unsure about purchasing the card but still want to enjoy its benefits without immediately committing to monthly or annual fees.
The Merit Platinum Card does not offer an introductory APR rate for new consumer purchases. This allows users to establish a new credit history without being burdened by excessive fees.
Pros and Cons of the Merit Platinum Card:
Pros
- Potentially lower than average purchase APRs.
- Considers applicants without a credit history.
- Reports to multiple credit bureaus.
- Provides users with unlimited privacy protection within Horizon’s online portal.
Cons
- No signup bonus.
- No rewards or cashback programs.
- Lacks incentives for purchases.
How to Apply and Obtain a Merit Platinum Credit Card?
Applying for the Merit Platinum Card is just as simple as other credit cards, if not easier. It is an ideal option for those looking to improve their credit score but unsure of where to start. Interested in getting your very own Merit Platinum Card? Follow the steps below to acquire it!
Interested in knowing how to purchase the Merit Platinum Card? Keep following to learn how to acquire it!
