You’re in the right place if you’re looking for the best credit-building card with no security deposit and having no credit history to manage your unexpected expenses and improve your financial situation. Let’s see how “Milestone credit card” can benefit to you.
Milestone Credit Card | Milestone Mastercard
In order to give a financial solution to customers with poor or no credit history, the Bank of Missouri issued and the concora credit offered the milestone credit card. It offers a limited credit line without requiring a security deposit to open an account so it is also known as an unsecured credit card. Consider this card if you wish to control or manage your unplanned or sudden expenses and financial state.
For cardholders, it gives a simple and safe way to monitor their spending, staying within your credit limit, make purchases, manage payments and more, which helps to create or develop credit history. Your credit limit will be $525 after approval if the initial credit line is $700. This is because the annual fee will be deducted from your available credit limit until you pay it. If you forget to pay your bills on time or do not settle your entire balance each month, you will also be required to pay with higher interest (APR).
Milestone credit card Benefits
- Even with imperfect credit history, there is no need for a security deposit.
- TransUnion, Equifax, and Experian are the three main credit bureaus that receive reports from card.
- Wherever Mastercard is accepted, you can use your card.
- Your account details are always accessible from any device.
- Protection against zero liability and Mastercard identity theft.
- Before checking your eligibility, read the terms and conditions but it won’t affect your credit score even if you’re not qualify.
Drawbacks of Milestone credit card
- An annual percentage rate are higher.
- There is no possibility for the credit limit to be raised from the $700 offered on this card.
- This card does not offer any rewards program.
- Monthly and annual fees are higher.
- For your purchases, you won’t get any cashback, miles, or points using the Milestone Mastercard because it doesn’t offer any welcome bonus or rewards.
Fees Details
| Annual Fee | $175 for the first year and $49 after the first year. |
| Monthly Fee | There are no fees for the first year, but after that, each month costs $12.50 (a total of $150 per year). |
| Purchase APR | 35.9%. |
| Late or Returned Payment Fee | Up to $41. |
| Overlimit Fee | Up to $41. |
| Cash Advance Fee | 5% or min $5. |
| Foreign Transaction Fee | 3%. |
| Minimum Interest Payable | Up to $1. |
| Interest Free Period or Grace Period | 25 days. |
| Paper Statement Fee | $3. |
| Document Fee | $10. |
What are the requirements for eligibility to get Milestone credit card?
- A minimum age of eighteen is required.
- To apply for a card, use a U.S. IP address.
- No credit card accounts at other banks must be open at this time.
- Having an SSN or ITIN, a U.S. bank account, and a permanent U.S. address.
- Information about your debt and income must be provide.
- You must also submit your contact information and personal details.
Milestone Mastercard Pre-Qualification check without impacting my credit score
- Access the official milestone card pre-qualification page.
- Search and select the “pre-qualify“ option and proceed with it.
- Complete the preapproval application with relevant information, such as personal & contact details, income, SSN or ITIN and other needed information.
- Once you have completed and verified your application, click on the “submit“ button.
- Waiting for the complete verification and approval by bank officials.
- Upon successful verification, If you’re eligible, you will either receive your digital card or a verification email from the bank.
How to apply for Milestone Mastercard or Milestone credit card?
- Go to the Milestone credit card’s official webpage.
- Scroll down to find the “Apply Now” button and click on it.
- When you select the “Apply Now” option, the application page will open.
- On the application form, provide your name, date of birth, phone number, residential and mail address, income and debt details, ITIN or SSN, ZIP code or postal code and other required information.
- Before clicking “submit application” make sure your application form is accurate.
- After that, select “submit application” to complete the application process.
- A bank officials will review your application, which should take a few business days.
- The bank will send you a confirmation email if you are qualified.
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How do I activate my Milestone credit card or Milestone Gold Mastercard?
- Visit the official homepage of the Milestone credit card or mobile app.
- Enter your username and password in the designated fields and click “login” if you already have your login information.
- If not have, click “forget username” or “forget password” and then follow the instructions to obtain your login information.
- After logging in, locate and select the “My Account” option.
- And therefore, locate and press the “Activate your card” button.
- Following that, the activation code will be sent to the registered mobile number you provided.
- Enter the activation code in the designated area.
- Finally, to finish the credit card activation process, click the “submit” option.
How to access my card online? (Milestone Mastercard Login)
Online
- Visit the Milestone Mastercard website.
- Click the “≡” option in the upper right corner.
- To access the login page, select the “My Account” option.
- After filling out the appropriate fields with your username and password, press “login”.
- After logging in, you can use any device or online to access and manage your credit card account.
- At last, you can check your balance, view your transaction history, pay your bills, update your information, set up auto-payment mode, create reminder alerts, and more.
Mobile or Tablet
- Proceed to the Google Play Store or Apple Store.
- Download the official Milestone free mobile banking app by searching for it.
- Open the application after downloading it.
- Enter your password and username or user ID, then click the “login” option on the login screen.
- Finally, before the delivery of your actual credit card, use mobile banking to access your credit card account 24/7 at anywhere.
How to pay milestone credit card bills? Milestone Mastercard payment methods
Online
- You need to login your credit card account.
- After complete the login process, find and pick the “Make Payment” option.
- Verify that all of the information you enter on the payment page is correct. Click “Submit” or “Make Payment” to complete your bills.
Phone
By calling 1-800-305-0330, giving your card information, amount, and other details, and then following the further instructions, you can pay with a credit card. For this payment method, you may pay the fee.
Through Mail
To pay your Milestone bill through mail, you can write your credit card number on a check or money order. The mailing address for payments is given below
Concora Credit
PO Box 4477
Beaverton, OR 97076-4477.
Frequently Asked Questions about the Milestone credit card
How do I see my Milestone credit card balance?
Using the Milestone Mastercard website or official mobile app to log into your credit card account, you can quickly check your balance. You will see your current balance on your dashboard.
Does the credit limit on a Milestone Mastercard get raised?
No, Milestone Mastercard does not offer the option to raise credit limits. You must only use it to raise your credit score and develop new credit.
How do I close or cancel my credit card?
You can close or cancel your card by calling the helpline, providing all of your card details and a valid reason for the cancellation.
Conclusion
Many credit-building cards that have lower fees, higher credit limits, and the ability to upgrade to better rewards are better than the Milestone credit card. If you are committed to paying your bills on time and building your credit history, this credit card is a good choice.