Reviews
Milestone® Mastercard® Review: Boost your credit
When you're working on improving your credit score, it's important to find the right tool for the job. So is Milestone® Mastercard® the best option? Let's take a closer look at our review.
Advertisement
Milestone® Mastercard®: know if it’s the best option to improve your score
Millions of Americans are trying to improve their credit scores. On this path, getting a new credit card can be the key to raising your bad credit. If that’s the case, read the Milestone® Mastercard® review.
Milestone® Mastercard® is one of the many credit cards designed to rebuild credit on the market.
How to apply for the Milestone® Mastercard®?
If you need to build credit and don't want to pay a security deposit, read our post to learn how to apply for the Milestone® Mastercard®!
But is it really the best option? How does it compare to other options to improve your credit score? Is this card worth your time and money?
See our Milestone® Mastercard® complete review to find answers to all questions. Stay tuned!
- Credit Score: bad to fair;
- Annual Fee: $175 the first year; $49 thereafter;
- Regular APR: 35.9%;
- Welcome bonus: N/A;
- Rewards: N/A.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Advertisement
Milestone® Mastercard®: how does it work?
The Milestone® Mastercard® is one of the many credit cards designed to help consumers with bad or limited credit history improve their credit scores.
However, this card has a relatively high annual fee compared to competitors, which may be hard to pay if you’re struggling with cash.
It’s a shot in the dark because its ongoing annual fee can cost you $175 the first year; $49 thereafter.
It has an expensive APR (annual percentage rate). So, you may end up paying higher fees and drowning even more!
Another thing to watch out for is that the terms for fees are buried in the bottom lines. Be sure to read the fine print and understand everything there’s to know before you consider applying.
Aside from that, this card also offers a number of features—like most credit cards for bad credit—to help cardholders rebuild their credit.
Milestone® Mastercard® reports to all three major credit bureaus, so using it responsibly and being aware of its fees and costs can help improve your credit score over time.
Additionally, there are a number of tools and resources to help cardholders manage their finances and stay on track with their payments, such as “set payment” so you won’t forget to pay your bills on time.
Milestone® Mastercard® is an unsecured card, which means you won’t have to pay a secured deposit to use it.
Also, it doesn’t come with any signing bonuses or rewards.
Overall, the Milestone® Mastercard® is hard to recommend as a good card because of its high fees and APR.
However, it has the potential to be a helpful tool for rebuilding your credit, as long as you know exactly what you are digging yourself into.
Milestone® Mastercard®: should you get one?
If you are looking for a credit card to rebuild your credit, we are going to review some of the pros and cons of the Milestone® Mastercard®.
Then you’ll have a wider picture of what to consider before deciding whether or not you should take it.
Advertisement
Pros
- Rebuild credit;
- Zero Liability Guarantee;
- Identity Theft Monitoring;
- Designed for poor or fair credit;
- $700 credit limit.
Cons
- High annual fee ($175 the first year; $49 thereafter);
- High APR (35.9%);
- No rewards;
- No signing bonuses.
Advertisement
Credit score required
You don’t need a high score to apply for Milestone® Mastercard®. It accepts applications from poor to fair consumers.
Milestone® Mastercard® application: how to do it?
In case you consider the Milestone® Mastercard® to be the ideal card to rebuild your credit, read our review about its application.
There you’ll be welcomed with fresh information about requirements, processes, and more. Learn how to apply by reading our post below.
How to apply for the Milestone® Mastercard®?
If you need to build credit and don't want to pay a security deposit, read our post to learn how to apply for the Milestone® Mastercard®!
Trending Topics
Blue Sky Financial Mortgage review: how does it work and is it good?
Our Blue Sky Financial Mortgage review uncovers its main features! Connect several lenders through this simple mortgage marketplace! Read on!
Keep ReadingIntegra Credit Personal Loan review: how does it work and is it good?
Read our Integra Credit Personal Loan review to weigh its pros and cons! Pay $0 origination or prepayment fees! Stick with us and learn!
Keep ReadingWhat is creditworthiness?
A definition and explanation of creditworthiness! Keep reading and learn how it can influence your finances! Start a wealthy life today!
Keep ReadingYou may also like
Delta SkyMiles® Platinum American Express Card application
Do you love to travel and earn card perks while doing so? Read our post about the Delta SkyMiles® Platinum American Express Card application!
Keep ReadingAuto Credit Express review: how does it work and is it good?
Find out how to get an auto loan with specialists in bad credit. Read on to an Auto Credit Express review and learn more.
Keep ReadingIndigo® Mastercard® for Less than Perfect Credit application
If you need an unsecured card to help you build your score, read our post to apply for Indigo® Mastercard® for Less than Perfect Credit!
Keep Reading