The Ollo Credit Card is issued by Merrick Bank. While the card carries Ollo branding, all financial operations including credit decisions, billing, payments, and customer service are handled by Merrick Bank, a wholly owned subsidiary of CardWorks, Inc.
Merrick Bank relaunched the Ollo credit card lineup in October 2025 with enhanced benefits, after the brand had previously been issued by The Bank of Missouri. The cards can be used anywhere Mastercard is accepted. Apply at ollocard.com.
Ollo is a credit card brand first launched in 2017 to provide hardworking Americans who may have faced challenges finding credit with better access. It is now issued by Merrick Bank, a top twenty credit card issuer in the United States.
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Who Issues the Ollo Credit Card
CardWorks, Inc. operates as a holding company for Merrick Bank and other consumer finance businesses, giving Ollo access to established underwriting and servicing infrastructure as it relaunched under new ownership.
Merrick Bank is the chartered bank that currently extends credit and holds every account opened under the relaunched Ollo credit card program, having taken over the entire brand and cardholder base from its previous issuer, The Bank of Missouri, as part of the 2025 relaunch.
Merrick Bank is a wholly owned subsidiary of CardWorks, Inc. and is recognized as a top twenty credit card issuer in the United States, giving it substantial scale and years of experience managing large, diverse consumer credit portfolios across the country.
What Merrick Bank Does for Ollo
Merrick Bank’s scale as a top twenty issuer means it can invest more heavily in technology, fraud protection, and customer service infrastructure than a smaller regional bank might be able to support on its own.
Merrick Bank manages underwriting, statement mailing, the online account portal, and customer service for Ollo cardholders, continuing and expanding the program after acquiring it from the previous issuing bank.
The relaunch in October 2025 introduced enhanced benefits to the Ollo lineup, reflecting Merrick Bank’s ongoing investment in modernizing the card’s features, security tools, and digital account experience for cardholders nationwide.
Ollo Credit Card Features
Ollo has positioned itself around straightforward pricing since its original 2017 launch, an approach Merrick Bank appears to have carried forward as part of the October 2025 relaunch under new ownership.
Applicants should review the current fee schedule and benefits listed on the official Ollo Card website, since the October 2025 relaunch introduced updated terms compared to the card’s earlier version under its previous issuer.
The Ollo card lineup emphasizes no surprise fees, smart credit building tools, and an intuitive digital experience, positioning it similarly to other modern credit building cards aimed at helping cardholders manage credit responsibly.
Cardholders typically have access to features such as spending tracking, credit monitoring tools, and clear account terms, reflecting the card’s ongoing focus on transparency compared to some older, less transparent subprime card offerings from other issuers.
How Ollo Compares to Other Credit Building Cards
Because Ollo is now issued by Merrick Bank, it shares an issuer with Merrick Bank’s own directly branded product. Readers can learn more in the Merrick Bank Credit Card guide.
Consumers who previously used other Merrick Bank issued cards may find the transition to Ollo more familiar, since Merrick Bank brings its own established underwriting standards and servicing practices to the relaunched brand.
Ollo’s transition from The Bank of Missouri to Merrick Bank mirrors similar shifts seen across the credit building card market, where brands sometimes change issuing banks while keeping their consumer facing name and features largely intact.
Consumers comparing Ollo against other credit building cards, such as those issued directly by Credit One Bank or serviced by Atlanticus, should review each program’s current fee schedule, interest rates, and terms carefully before applying for a new account.
Applying for the Ollo Credit Card
Independent financial publications such as NerdWallet and CreditCards.com have covered the Ollo relaunch, which can provide additional context for applicants weighing the card against other credit building options.
Applicants can review current terms and apply through the official Ollo Card website, which lists fees, eligibility details, and current benefits following the October 2025 relaunch under Merrick Bank.
Because approval and starting credit limits depend on individual credit history, applicants should review the current cardholder agreement carefully before applying, since terms were updated as part of the recent relaunch.
Frequently Asked Questions
Was the Ollo Credit Card always issued by Merrick Bank?
No. The Ollo Credit Card was previously issued by The Bank of Missouri. Merrick Bank relaunched the Ollo lineup with enhanced benefits in October 2025, becoming the new issuer of the entire Ollo credit card lineup going forward.
Do existing Ollo cardholders need to reapply after the Merrick Bank relaunch?
Existing cardholders should check official Ollo communications for specific account transition details, since program relaunches can vary considerably in how existing accounts, balances, and rewards are handled by the new issuing bank.
How can I talk to Ollo Credit Card customer service?
Cardholders can reach Ollo Credit Card customer service through the phone number listed on the back of their card or through the Merrick Bank online account portal associated with the Ollo program.
What is the Ollo Credit Card payment address?
The correct mailing address for payments appears on each monthly billing statement and inside the online account. Cardholders can also confirm the current address through the official Ollo Card website.
What are the requirements to get the Ollo credit card?
Issuers generally review income, existing debt, and credit history when deciding on an application, and federal rules limit what information a card issuer can request. Full detail on these protections is available from the Consumer Financial Protection Bureau.
How do I make an Ollo Credit Card payment?
Payments can be made online through the Merrick Bank account portal, by mail using the address on the monthly statement, or by phone. Enrolling in autopay helps cardholders avoid a missed due date and any related late fee.
How do I make an Ollo Credit Card payment by phone?
Cardholders can make a payment by phone by calling the customer service number listed on the back of their card and following the automated payment prompts, or by speaking with a representative directly during normal business hours for additional help.
I am Jack Neel, a mechanical engineer, researcher, and writer. I created this website to share my knowledge about different brands and products with you. I research the manufacturers behind the brands and provide you with the information you need to make smart buying decisions.