The Merchants and Farmers Bank is a personal credit card from Merchants and Farmers Bank. The annual fee is No annual fee.. The ongoing APR is 20.49% variable; Prime Rate + 11.99%, never over 21% (application disclosure accurate as of January 1, 2024) after a 2.90% introductory APR for six months on purchases, balance transfers and cash advances (application disclosure accurate as of January 1, 2024) introductory rate for 6 months. Rewards: Earn one point for each dollar spent, up to 10,000 points per month; redeem points for cash-back awards, retail gift cards, travel and merchandise. Cash back: Redeem your rewards points for cash-back awards.. Loan terms: Revolving credit card; due date at least 25 days after the close of each billing cycle; no interest on purchases if the entire balance is paid by the due date each month; interest on cash advances and balance transfers from the transaction date; balance calculated by average daily balance (including new purchases). This product reports activity to your personal credit report.