Credit Cards

Milestone Mastercard – Unsecured For Less Than Perfect Credit review

Looking for a way to rebuild your damaged credit? Here's our Milestone Mastercard - Unsecured For Less Than Perfect Credit review. Read on!

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Rebuild your credit with no secured deposit!

Milestone Mastercard - Unsecured For Less Than Perfect Credit
Milestone Mastercard – Unsecured For Less Than Perfect Credit review. Source: The Mad Capitalist

There are many cards that cater to people with less-than-perfect credit. Today, we’ll provide a Milestone Mastercard- Unsecured For Less Than Perfect Credit review.

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Credit Card

Milestone Unsecured

Online Fast and Simple

Qualify with limited credit score. Build credit fast!

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You can get up to $300,00 in credit limit to make purchases and build or rebuild your score. Keep reading to learn more about this card!

  • Credit Score: Poor/Bad;
  • Annual Fee: See terms;
  • Regular APR: See terms;
  • Welcome bonus: N/A;
  • Rewards: N/A.

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Milestone Mastercard – Unsecured For Less Than Perfect Credit: how does it work?

The Milestone Mastercard is an unsecured credit card offered by the Bank of Missouri designed to help people with bad credit build or rebuild their credit scores.

It reports payments to Experian, Equifax, and TransUnion—the three major credit bureaus—which means responsible use of this card can help improve your credit score.

What are the Fees? 

There is also a returned payment fee of up to $40 and a 1% foreign transaction fee. Finally, this card has no welcome bonus or rewards program.

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What is good about this card?

The good news about this card is that it does not require any security deposit as many other cards for people with bad credit do.

It has other benefits, such as zero liability protection and a soft inquiry pre-approval process.

It means you don’t have to worry about hard inquiries dragging your score further.

And while the initial limit may be quite low ($300), you can get a limit increase over time if you make all your payments on time and use the card responsibly.

Plus, approval decisions are usually instant.

Milestone Mastercard – Unsecured For Less Than Perfect Credit: should you get one?

Young happy lucky woman student feeling excited winner looking at cellphone.
Learn more about this card’s features. Source: Adobe Stock

If you have a bad credit score, this credit card can help you get back on track. Review this credit card’s advantages and disadvantages below!

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Pros

  • No security deposit;
  • Fast approval;
  • Soft credit inquiry;
  • 24/7 access to your account information;
  • Reports to the three major credit bureaus of credit;
  • Accepts bad credit.

Cons

  • No rewards;
  • No welcome bonus.

Credit score required

You can apply for the Unsecured For Less Than Perfect Credit with poor or bad credit. Plus, it will help you rebuild it over time.

Milestone Mastercard application: how to do it?

Do you want to learn how to apply for the Milestone Mastercard? It’s easy! We’ll show you how to do it in a few steps. Keep reading!

Apply online

The Milestone Mastercard – Unsecured For Less Than Perfect Credit is a satisfactory unsecured card for people with low credit scores.

It reports payments to all three credit bureaus in the U.S., so you can start building your score without putting money down as a deposit.

Follow the steps below to apply in fewer than 3 minutes!

1. Pre-qualification process

The first step is completing pre-qualification. Milestone requires personal information like name, address, city, state, and email address.

Once you submit this information, Milestone will review your application profile and respond if you are pre-approved for one of their offers.

2. Review the Offer Terms & Conditions

If you are approved, you’ll have access to read through the terms and conditions associated with that offer before deciding whether or not it’s right for you.

One important thing to note is that this process has no hard inquiry; it will not affect your credit score at all.

3. Submit the application & get approved

close-up-hands-holding-smartphone
Learn how the application process for this card works. Source: Adobe Stock

Once you’ve decided that an offer from Milestone is right for you, complete the application process and await approval.

Depending on your credit score and other factors, approval may take a few minutes up to 48 hours.

After approval, your new card should arrive within 7 – 10 business days. Then you can activate it immediately.

Milestone will report your payments to improve your score.

Apply using the app

If you want to capitalize on this card’s amazing features, download their app and get full control over your balance, transaction history, and payment notifications.

But if you want to apply for this card’s benefits, don’t forget to visit their website!

Milestone Mastercard – Unsecured For Less Than Perfect Credit vs. First Access Visa® Card

Options for damaged credit scores, the Milestone Mastercard – Unsecured For Less Than Perfect Credit, and First Access Visa® are far from serving the same audience.

The First Access Visa® Card can be costly, charging a one-time fee plus a higher annual fee than the Milestone Mastercard Unsecured card.

So, if you are on your way to building a healthy financial status, you’d better compare these options first. Check some of them below.

Milestone Mastercard – Unsecured For Less Than Perfect Credit

  • Credit Score: Poor/Bad;
  • Annual Fee: See terms;
  • Regular APR: See terms;
  • Welcome bonus: N/A;
  • Rewards: N/A.

First Access Visa® Card

  • Credit Score: Bad to fair credit;
  • Annual Fee: $75.00 for the first year. After that, $48.00;
  • Regular APR: A fixed 35.99% APR;
  • Welcome bonus: There’s no welcome bonus;
  • Rewards: There are no rewards.

Find out more about the First Access Visa® Card, learn how to apply, and what fees to expect in our post below. Keep reading!

First Access Visa® Card

How to apply for First Access Visa® Card

Learn how the First Access Visa® Card application works and why you should consider applying for this credit card. Keep reading!

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