Milestone has the most flexible credit limit policy in the market. Your credit limit is based on your personal income and credit score. The limit is $300.
The best part is that as long as you make your payments on time, it may qualify you for other card offers. In addition, you have the option to set up an auto-pay option so that your card automatically makes payments for purchases when they are due instead of waiting for a statement cut-off date.
What Bank Owns The Milestone Card?
The bank that owns the Milestone Card is Bank of Missouri. It is a financial institution headquartered in Jefferson City, Missouri. It was established in 1835 and it has about $1 billion in total assets. They have about 175 branches, which are located mainly in the state of Missouri.
Who is this credit card for?
The Milestone credit card is for people with less than perfect credit. It also accepts previous bankruptcies, repossessions or foreclosures. Poor credit is considered 300 - 550.
No security deposit is needed. This mean that this card is an unsecured credit card. You keep your cash and your credit will determine your limit.
You can prequalify with no impact to your credit score. See if your eligible without an inquiry on your report.
24/7 Account management- easy online access to see purchases and alerts.
Full Perks - fraud protection and much more.
What are the annual fees?
The milestone credit card has an annual fee of $35- $99.
Is the Apr High?
The annual percentage rate is the price you pay to borrow money. The Milestone credit card APR is 24.90%.
How long will it take to raise score?
On average, it takes around 6 months of on time payments to see a significant increase. However, when your get approved it alerts the bureaus that your credit limit has increased.
What credit bureaus does it report to?
Credit bureaus are organizations that collect information on credit history and offer credit scores. They are not affiliated with each other, but they are all used by financial institutions to make decisions on issuing loans. Most creditors or lenders will look at your Equifax, Transunion and Experian history.
What is Equifax?
Equifax is a company that collects and aggregates information on US consumers and provides consumer reporting services to creditors and other businesses. It provides credit ratings, reports, monitoring services for individual consumers, as well as credit reports for commercial clients such as banks or retail chains.
What is Transunion?
TransUnion is a credit reporting agency that provides credit ratings and reports to businesses and consumers. It focuses on information about your credit history such as whether or not you have any overdue payments, how much debt you owe, and what types of loans you've taken out.
What is Experian?
Experian is a global information services company that specializes in data and analytics. The company was founded in 1996 and offers information on more than 500 million consumers and 80 million businesses worldwide. It mainly focuses on credit and identity monitoring and offers digital marketing services to help clients grow their businesses.
How Do I Make My Payments?
You can visit your account online and login to make payments at www.milestone.myfinanceservice.com.
Send a check to Genesis FS Card Services, PO Box 84059, Columbus, GA 31908-5409.
Can I Cancel My Milestone Credit Card?
Yes, but it is not recommended. Canceling with an unpaid balance will be considered a charge-off. Please pay your balance in full before closing your account.
If you are looking to apply for a credit card with bad credit, then Milestone may be an option for you. It can be used to rebuild your credit and allow you to apply for more favorable offers in the future.