Milestone® Mastercard®

Attractive Gold Card - Your Gateway to Improved Credit

Updated: Apr 27, 2024

Advertiser Disclosure

Are you seeking a credit card that offers more, without impacting your credit score upfront? The Milestone Mastercard®, issued by the Bank of Missouri, stands apart in its category. With a simple application process and the prestige of Mastercard, this card delivers premium experiences and a host of benefits.

ANNUAL FEE

See Terms

ONGOING APR

See Terms

INTRO APR

N/A

523 User Ratings

Milestone®  Mastercard®

at Milestone Mastercard Secured website

Apply Now

Introductory APR

N/A

Intro APR Period

N/A

Recommended Credit Score

Fair

Key Features

  • Greater access to credit than before: $700 credit limit
  • Get a Mastercard accepted online, in-store and in-app
  • Account history is reported to the three major credit bureaus in the U.S.
  • $0 liability for unauthorized use
  • Access your account online or from your mobile device 24/7

Our Take

The Milestone Mastercard® is an invaluable asset for anyone aiming to rebuild their credit. It’s designed not just as a financial tool, but as a means to enhance your credit journey, with a host of user-focused features.

Who Should Consider This Card?

This card is ideal for those striving to shake off the constraints of poor credit history. Its high approval rates and user-centric design make it a potent tool in any credit repair strategy. As an unsecured card, it’s particularly beneficial for daily expenditures, helping to build a solid payment history through regular, responsible use. Reporting to all three major credit bureaus, it ensures your credit-building efforts are recognized and rewarded.

Comprehensive Benefits of the Milestone Mastercard®

  • Broad Credit Reporting: Reporting to TransUnion, Equifax, and Experian, this card lays the groundwork for credit repair and improvement.
  • No Security Deposit Needed: The unsecured nature of this card means there’s no initial deposit required, making it a more accessible option for many users.
  • Mastercard’s Array of Benefits: The card doesn’t just rest on its own features; it taps into the extensive benefits of the Mastercard network. These include Zero Liability Protection (terms and conditions apply) and Mastercard Global Services, along with advanced security features like identity theft protection. For frequent travelers, the card’s global acceptance in over 210 countries and at more than 35 million locations is a significant advantage.
  • Travel-Friendly Features: With a low foreign transaction fee capped at 1% and inclusive travel protection, the card is an excellent choice for international travelers and those focused on credit improvement.

Understanding the Drawbacks

Like any financial product, the Milestone Mastercard® has its drawbacks:

  • Limited Initial Credit: The card starts with a credit limit of $700, which might be restrictive for larger expenses.
  • Fees and Interest Concerns: The card’s APR and fees are slightly above the industry standard, making it less appealing for impulsive spenders. Late payments can lead to additional fees and penalty APR, potentially harming your credit repair efforts.
  • Customer Support Limitations: Access to customer support is primarily via landline, which may lead to longer wait times for assistance.

Making the Most of the Milestone Mastercard®

Responsible use of this card can lead to significant improvements in your credit score. However, it requires discipline and careful financial management. If you’re committed to improving your credit history and can navigate the card’s fees and interest rates, the Milestone® Mastercard® can be an effective tool in your financial arsenal.

Is This Card Right for You?

For those with a less-than-ideal credit history seeking to rebuild their financial standing, this card is a strong contender. Its unsecured nature, coupled with comprehensive reporting to credit bureaus and Mastercard benefits, makes it a worthwhile option. However, it’s not a fit for those seeking perks like airline miles or cash-back rewards; such benefits come with improved credit scores, which this card can help you achieve.

Other Cards from Milestone

Frequently Asked Questions (FAQs)

Apply Now
Basic Information
Issuer: Bank of Missouri
Network: Mastercard®
Category: Consumer (Premium)
Review: Full Card Review
Best Used For:
  • Instant Decision
  • EMV Chip
  • Unsecured
  • Building Credit
Rewards: No
Rates & Fees
Regular APR: See Terms
Regular APR Type:
Annual Fee: See Terms
Balance Transfer: No
APR on Cash Advances: 35.90%
Grace Period: 25 days
Late Payment Fee: See Terms
Other Fees:
  • Annual Fee: $175 the first year; $49 thereafter*
  • Late Payment Fee: Up to $41.00
  • Over Limit Fee: Up to $41.00
  • Foreign Transaction Fee: 1% of each transaction in U.S. dollars

Milestone® Mastercard® Alternatives


Milestone®  Mastercard®

Milestone® Mastercard®

APPLY NOW

Annual Fee

See Terms

Regular APR

See Terms

Intro APR

N/A

Rec. Credit Score

Fair

Additional Information & Comments

*Depends on creditworthiness

IMPORTANT
*The information provided for Milestone® Mastercard® is believed to be accurate at the time of evaluation or recent update on April 27, 2024. However, we strongly advise visitors to review the card fees and Terms & Conditions on the issuer's website by following Apply Now link to verify the accurancy of the information posted prior to applying for this card offer.

Milestone® Mastercard®

Reviews - (1 User Reviews)
Share your experience and rate the Milestone® Mastercard®
(Good)
June 13, 2022
Evan (36-45) - Cardholder
Income on Application
$55839
Credit Score
Fair (580-669)
Credit Limit
$300
Filed for Bankruptcy
No

Designed for all with less than perfect credit score

I lost my job recently and found myself in a bit of a jam. I needed a quick financial fix and the Milestone Gold card seemed like the best solution. What I really like about this card is it doesn't have that many fees like some other similar credit cards. APR is high and the credit limit is low, but this is a card that is meant to help you establish a credit history, not create even more debt. I will say the card requires certain responsibility to give results, but if you use it wisely, it can really help repair your credit and set you on the right track.
Fees & Charges:
3/5
Features & Benefits:
4/5
Customer Support:
4/5
Application Process:
4/5
Comment (0)

Milestone®  Mastercard®

Milestone® Mastercard®

Rec. Credit Score: Fair

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