Is the Milestone Card a good first time credit card? This question is about the Milestone® Mastercard® - Less Than Perfect Credit Considered

The Milestone® Mastercard® - Less Than Perfect Credit Considered works as a first-time credit card since it is available to people with bad credit. It is not the best choice for a first-time credit card, though, because it charges an annual fee of $35 - $99*, and a monthly fee of $0. Best First-Time Credit Cards Overall: Capital One Platinum Credit CardCapital One Platinum Credit CardLearn MoreLearn MoreStudents: Bank of America® Unlimited Cash Rewards credit card for StudentsBank of America® Unlimited Cash Rewards credit card for StudentsLearn MoreLearn MoreCash Back: Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn Moreon issuer's websiteBest Rewards: Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn MoreNo Credit Check: OpenSky® Secured Visa® Credit CardOpenSky® Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website You can learn more about the best first-time credit cards on WalletHub.

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Is the Milestone Card a good first time credit card?

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This question is about the Milestone® Mastercard® - Less Than Perfect Credit Considered

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Chip Lupo, Credit Card Writer

@CLoop • 09/09/22 This answer was first published on 09/09/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Milestone® Mastercard® - Less Than Perfect Credit Considered works as a first-time credit card since it is available to people with bad credit. It is not the best choice for a first-time credit card, though, because it charges an annual fee of $35 - $99*, and a monthly fee of $0.

Best First-Time Credit Cards

Overall: Capital One Platinum Credit CardCapital One Platinum Credit CardLearn MoreLearn More
Students: Bank of America® Unlimited Cash Rewards credit card for StudentsBank of America® Unlimited Cash Rewards credit card for StudentsLearn MoreLearn More
Cash Back: Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn Moreon issuer's website
Best Rewards: Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn More
No Credit Check: OpenSky® Secured Visa® Credit CardOpenSky® Secured Visa® Credit CardLearn MoreLearn Moreon issuer's website

You can learn more about the best first-time credit cards on WalletHub.

Answer Question

What bank is the Milestone credit card with?

The Milestone Credit Card is issued by The Bank of Missouri, an FDIC-insured bank founded in 1891 and headquartered in Perryville, Missouri. Other Bank of Missouri credit cards include the Total Visa® Card and First Access Visa® Card.

The Milestone Credit Card is intended for applicants with bad credit. Its key features are credit building with no security deposit needed. The annual fee is $35 - $99*.... read full answer

This card has a WalletHub editor’s rating of 3/5. More details can be found in our full Milestone Credit Card review.

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How hard is it to get the Milestone Credit Card?

It is not very hard to get the Milestone® Mastercard® - Less Than Perfect Credit Considered because it is available to people with bad credit. The Milestone Credit Card is actually a relatively easy credit card for the average person to get.

In order to get the Milestone Credit Card, you will have to meet the credit score requirement, have a steady income and be at least 18 years old. You’ll also need to have an SSN. ... read full answer

Keep in mind that even though it’s not hard to get the Milestone Credit Card, you’re still not guaranteed to be approved.

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What kind of credit card is good for beginners?

The kind of credit card that is good for beginners is either an unsecured or a secured card with annual fees as low as $0 and high approval odds. It’s worth noting that some of the best credit cards for beginners even offer rewards.

The card you’re going to pick should also report monthly to the ... read full answer major credit bureaus so that you can build your credit.

Best Credit Cards for Beginners in 2023

Capital One Platinum Credit Card : Overall

Petal® 2 Visa® Credit Card : Rewards & No Annual Fee

Capital One QuicksilverOne Cash Rewards Credit Card : Cash Back

OpenSky® Secured Visa® Credit Card : No Credit Check

Capital One SavorOne Student Cash Rewards Credit Card : For Students

You can also take a look at our editors’ latest picks for the best starter credit cards on the market to see which one suits your needs better.

Ultimately, please note that as long as you remember to pay your bill on time and in full every month, you will be able to gradually build credit. And within a few years, you could qualify for one of the market’s best overall credit cards.

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