Milestone® Mastercard® - Unsecured For Less Than Perfect Credit
Unsecured card with fast application. May help establish good payment history.
Updated: Apr 14, 2023
This Milestone Mastercard card is an unsecured card for less than perfect credit. It means that there is no initial safety deposit that you need to pay once opening a card. There is an annual fee, though, and you'll be charged one according to your credit score. No matter your credit score, if you are approved, you are going to get the annual fee. The card is from the Bank of Missouri and designed for people suffering from bad credit. Consistently working on your payment history can establish a better credit score.
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Intro APR Period
Recommended Credit Score
Bad Credit OK
- Less than perfect credit is okay
- 24/7 access to your account information, even on mobile
- Protection from fraud, if your card happens to be lost or stolen
- Reports to all three major credit bureaus
When you’re suffering from less than ideal credit, you want to do everything in your power to repair it. Credit reparation isn’t going to be an easy task and requires quite a lot of things. The first thing is a strategy, and the second is a sound, unsecured credit card, like the Milestone Mastercard – Unsecured For Less Than Perfect Credit.
Who Is the Milestone Mastercard Good For?
Good for those with bad credit
This card is an ideal option for anyone suffering from a less than perfect credit score. It comes packed with all the necessities that you need to get your credit score up there. Once you build your credit score up to a particular extent, you can expect to gain a multitude of different benefits. Having a high credit score gets you quite a lot of advantages in itself, but it also allows you to get better cards.
Literally, good for anyone
The Milestone Card – Unsecured For Less Than Perfect Credit is ideal for anyone – business transfers to the USA, people with damaged credit scores. The card is issued by the Bank of Missouri, a reliable bank known for its long service. It’s not only issued by a reputable bank but it’s serviced by the best in the industry. It’s maintained by Genesis FS Card Services, the service that functions the best cards around.
What are the Unsecured For Less Than Perfect Credit Card Benefits
Unsecured credit card
An unsecured credit card is a credit card that doesn’t require a security deposit to be approved or to get your credit limit increased, once approved. When people use the term credit card, what they are really referring to is an unsecured credit card. An unsecured credit card is favored by all three credible and relevant credit bureaus, which are TransUnion, Experian, and Equifax. When you’re using an unsecured credit card and paying all of your dues on time, you can rest assured that your credit score is going to increase.
The unsecured aspect of this credit card isn’t the only thing it has in its credit building arsenal. There are all the Mastercard based features included within this card, and this consists of a wide array of credit building perks.
One of the best price protection features is the zero liability for unauthorized purchases feature, and the warranty features associated with the Milestone Mastercard. If you notice that your card has been charged for a purchase that you haven’t made, you can rest assured that you’re going to be refunded the money, and the purchase is going to be canceled. The Mastercard system will refund your money and ask you to change your pin code, which is absolutely free. (See terms and conditions for more details).
Low foreign transactions fee
If you enjoy traveling abroad and shopping out there, you’re going to love the fact that this card comes with a very reasonable fixed foreign transaction fee (see cards with no FX fee), capped at 1% of the total amount. This isn’t significantly different from other cards in this niche, but it’s still a beautiful thing to have.
Are There Any Disadvantages?
Sadly, yes. There are a couple of disadvantages, most of which are centered around the relatively small purchasing power that this card has, and the many fees associated with it. One of the most significant issues with this card is that it comes with quite a lot of costs, and may come with even more.
Take into account the annual fee and the relatively high APR rating, and combine them with a late payment fee and penalty APR. This gives you quite an expensive reason not to miss out on any payments. Getting your credit up to a significant amount is going to take quite a lot of time and strategic thinking. This is why having a great tool like this is essential. But, in every purchase, you have to account for the fees that will be charged, or you could be purchasing more than you can afford.
Can also damage credit
Purchasing more than you can afford to pay off is going to reflect negatively on your credit score. This card reports all of its spendings to all three of the significant credible credit bureaus, meaning it can fix your credit score as quickly as it can tarnish it.
Should You Use This Milestone Mastercard?
If you’ve made some mistakes in the past and are looking to correct them credit-wise, you’re going to need a great unsecured credit card to help you on your credit repair journey. The Milestone Mastercard – Unsecured For Less Than Perfect Credit is an excellent option for establishing your credit. It has a unique set of features to help establish a credit history if used responsibly. All the standard Mastercard benefits apply, and since it reports to all three major credit bureaus, it’s going to help you repair your credit score in no time.
Other Milestone Credit Cards
- Gold Mastercard
- Mobile Access to Your Account
- Classic Mastercard
- Less Than Perfect Credit Considered
Frequently Asked Questions
|Issuer:||Bank of Missouri|
|Best Used For:||
|Regular APR Type:|
|Annual Fee:||See Terms|
|APR on Cash Advances:||29.90%|
|Grace Period:||25 days|
|Late Payment Fee:||Up to $40|
Additional Information & Comments
**Depends on creditworthiness
**Complete the Pre-Qualification form and the bank's tool would match the best Milestone Gold Mastercard offer to you based on your current credit profile.