The best strategy with the Milestone Gold Mastercard is to use it responsibly for a year and then move on to a card with lower fees and better features as your credit score improves. All Rights Reserved.

If you have poor credit, this Milestone credit card is a good option among subprime card choices. However, this card isn’t perfect.

This is just one scoring method and a credit card issuer may use another method when considering your application. Annual fee ranges from $35-$99, depending on your credit profile. There is an annual fee as well as a 23.9 percent APR which could prove to be costly. The card has an easy online application, and you can even check to see if you pre-qualify online before you fill out a full application.

The editorial content on is not sponsored by any bank or lender. Bottom line: The cost of building or rebuilding your credit can be expensive, but if you’re responsible and follow the rules, you’ll be able to jump to a lower APR card and continue to improve your score and your overall financial life.

If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Yes, Continue No, Logoff Log in. A common guideline is to keep your credit utilization under 30%, the lower the better. Penalty fees for late-payments are on a sliding scale that go up to $40. Accepted at over 35 Million Locations Worldwide!

Are you sure you want to rest your choices? Performance & security by Cloudflare, Please complete the security check to access. Along with everything the standard Milestone card offers, it also allows you to pick out your favorite image in order to showcase some personality. Be aware that interest is still charged from the date of the cash advance.

A proper comparison of this card with the Milestone Gold card would involve completing the pre-qualification process to get the exact card fees and rates for your specific situation. The Surge Mastercard® Credit Card is a no-frills Mastercard that offers a potential $300 to $750 credit line. Bad credit can be a major burden when picking out a credit card, since many lenders simply won’t accept consumers with credit that isn’t in tip-top shape. There is no option to balance transfer, and with a high APR, carrying a balance is expensive. HSBC Cash Rewards Credit Card 2020 Review, Barclays AAdvantage Aviator Red 2020 Review, Chase Freedom Student Credit Card 2020 Review, Capital One Spark Miles For Business Credit Card 2020 Review.

How Current helps kids manage money: The pros and cons, What to do if you can’t make a credit card payment. A pre-qualification process generates an offer that specifies the annual fee and APR. Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash’s subscription service.

Having bad credit can make life extremely difficult. Copyright © 2019 PrimeRates Holdings, L.L.C. Provides ID Theft Protection through the Mastercard Gold Benefits program. Note that the annual fees on this card range from $35-$99, and are only determined after the pre-qualification process is complete.

© 2020 Forbes Media LLC. Overall, the Milestone MasterCard caters specifically to consumers with no credit history and blemished credit, so approval is more likely than it would be with many other cards.

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The offers that appear on this site are from third party advertisers from which PrimeRates receives compensation. In general, the unforgiving fee structure of these types of cards makes them undesirable choices; a secured credit card is a better choice if you can come up with the funds for a security deposit. And that’s in addition to identity theft resolution services, extended warranty coverage and price protection. Fortunately, Milestone credit cards like this one consider all applicants. Contact Us; FAQs; Register; Sign In; My Account; Bill Pay; Customer Center; Contact Us Reset ID/Password Log In. Prior to working for Forbes, she contributed to other leading publications in the credit cards and rewards space. This is not a card that you hold on to for years.

Then this card from Milestone is a good start. Poor credit can impact your ability to get a job and even find a place to live. Mastercard ID Theft Protection: Provides access to various Identity Theft resolution services, should the cardholder be a victim of Identity Theft. By making regular on-time monthly payments, you can build your credit history by demonstrating the kind of financial responsibility that lenders look for in evaluating your creditworthiness.

PrimeRates strives to provide a wide array of offers, but our offers do not represent all financial services companies or products. The Milestone® Gold Mastercard® has a credit limit of $300, so in practice, keep your balance to $90 or less to stay under 30%.

Online 24/7 account access is useful for keeping close tabs on your spending and to ensure that you make payments on time. Just beginning your credit history and need access to your account while on the go? In addition, foreign transaction fees on the Milestone Gold Mastercard (1%) are lower than competitor’s fees of 3%, making a good choice if you’re planning on traveling overseas.

She has been featured on Bankrate, The Altucher Report, Fidelity, Business Insider, and Conductor. This compensation comes from two main sources. Includes eligible pick-up and delivery services.

Pre-qualification uses a soft credit inquiry to estimate your approval chances without hurting your credit … Milestone Gold MasterCard Home Page. You will also be assessed an over-the-limit fee of $35 if you exceed the credit limit.

Earn 2x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Do you want to continue your session? The credit limit of $300 is low, which may be beneficial for curbing spending but also limits the usefulness of the card as an emergency funding source. Like the Milestone Gold, the annual fee is charged immediately, reducing your effective credit limit.

If you are rebuilding, I would recommend this CC over ones like 1st premier, Indigo, first access …

Annual fees range from $75 to $125 in the first year, dropping to $45 to $49 in subsequent years. If you have a limited credit history, have mismanaged your credit or filed bankruptcy in the past, you’re not condemned to a life of credit hell. The Milestone card enables you to enjoy the benefits of a Mastercard without the need for a security deposit.

If you’re looking to improve your credit, and thinking about picking up one of the Milestone credit cards, research the following cards types to make an educated decision before signing up. See our Advertiser Disclosure.

Whether you have less than perfect credit, or even a prior bankruptcy, the Milestone Mastercard … “It’s important to compare different credit cards for bad credit, before jumping on the first one,” says credit card expert Beverly Harzog.

This choice in the Milestone line of credit cards provides a second chance for people who couldn’t otherwise get a line of credit with their poor or non-existent credit. Mastercard is broadly accepted worldwide.

Keep in mind that a portion of your credit limit includes the annual fee.

Credit One’s rewards program offers 1% cash back on eligible purchases, depending on your credit profile.

Foreign transaction fees are the standard 3%. And the credit-building opportunities that come with Milestone credit cards can help.

Easy pre-qualification process which does not affect your credit score, 24/7 access to your account information, even on mobile, Protection from fraud, if your card happens to be lost or stolen, Instant pre-qualification is available for those who qualify, Mobile friendly online access from anywhere, Pick from multiple card designs at no extra charge, Applying is quick and easy with a fast decision process, Card designs to fit your personality at no extra charge.

T-Mobile For Business BrandVoice | Paid Program, Mitsubishi Heavy Industries BrandVoice | Paid Program, Second Stimulus Check Calculator (HEROES), Forbes Analytics Plus With Teradata | Paid Program, Under 30 Detroit Hackathon: Accelerating Change, Compare Milestone Gold Mastercard With Surge Mastercard, Ink Business Preferred Credit Card Review, Platinum Card From American Express Review, A Forbes Guide To Choosing A Cash Back Credit Card, How To Make A Balance Transfer Card Work For You, What Credit Card Delinquency Is—And How To Avoid It, How To Budget Better With Credit Cards In 2020, © 2020 Forbes Media LLC.

Not all credit cards will consider consumers with bad credit, but this card from Milestone is an exception.

Surge also reports to all three major credit bureaus. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear).

Green Dot primor® Visa® Classic Secured Credit Card Review, Milestone Mastercard with Free Choice of Card Image, Prequalification will not impact your credit score, You can qualify if you have less than perfect credit, Protection from fraud if your card is stolen. Caroline Lupini is the Credit Card and Travel Analyst for Forbes Advisor. Like the Milestone Gold Mastercard, the Credit One Bank Unsecured Visa®for Rebuilding Credit uses a pre-qualification process to determine the annual fee, APR and the details of the rewards program.

The APR is eye-wateringly high.

Transaction fees are not billed for the first 12 months your account is open.

But, when these terms are compared to other cards targeted to consumers with a bad credit score, the Milestone credit cards come out to be better than several of them. You will be logged off in seconds. • It’s also a good choice for anyone looking to rebuild their credit after bankruptcy.

Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. Editorial Note: Forbes may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.