Merrick Bank
Ollo Platinum Mastercard
No annual fee
A no annual fee, no rewards credit builder available by invitation only. It is issued by Merrick Bank (CardWorks), which took over Ally's credit card portfolio in 2025, and Ally cards have been rebranded as Ollo. Variable APR is 22.99% to 29.99%. There are no foreign transaction fees, no over limit fees and no rate hike after a late payment, plus a free FICO score and automatic credit line reviews. You cannot apply directly, you respond to a mailed offer.
Maintained by Creddy Editorial · Catalog checked Oct 30, 2026
Ollo Platinum Mastercard at a Glance: No Annual Fee, Issuer and Rewards
- Annual fee:
- No annual fee
- Issuer:
- Merrick Bank
Ollo Platinum Mastercard Earning Rates
No earning rates listed yet.
Who Should Get the Ollo Platinum Mastercard?
It has no annual fee, so it costs nothing to keep.
Is the Ollo Platinum Mastercard Worth It?
The Ollo Platinum Mastercard has no annual fee, so every reward you earn is value you keep. Compare its earning rates with your spending.
Check enrollment requirements, merchant restrictions, reset timing and the issuer's current terms before applying.
Ollo Platinum Mastercard Statement Credits and When They Reset
Creddy's catalog lists no statement credits for the Ollo Platinum Mastercard. Its value comes from its rewards and other benefits on this page.
More Ollo Platinum Mastercard Card Benefits
Purchase Protection
Fees & Miscellaneous
- Free FICO Score Access
Get free access to your FICO score.
Checked Oct 30, 2026Source - Automatic Credit Line Reviews
Your account gets automatic credit line reviews, which can lead to a higher credit limit over time.
Checked Oct 30, 2026Source - No Foreign Transaction Fees
You pay no foreign transaction fees on purchases made outside the United States.
Checked Oct 30, 2026Source - No Over the Limit Fees
You pay no fee for going over your credit limit.
Checked Oct 30, 2026Source - No Rate Hike After a Late Payment
Your rate does not go up after a late payment.
Checked Oct 30, 2026Source
Ollo Platinum Mastercard vs Similar Cards
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Ollo Platinum Mastercard FAQs
What is the Ollo Platinum Mastercard annual fee?
No annual fee