Alex Wise, WalletHub Credit Cards Analyst
@Alex_Wise
The credit limit for the Milestone Credit Card is $700 or higher. The Milestone® Mastercard® does not require a security deposit and guarantees a $700 credit limit to everyone who gets approved, but some cardholders could get a higher limit, depending on their credit history and disposable income.
It's important to note that cardholders may start out with less available credit, since the card’s first-year annual fee of $175 will be charged when the account is opened.
You should also keep in mind that the issuer does not offer Milestone Credit Card credit limit increases. So, your credit line will remain the same until you close the account.
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People also ask
How can I increase my Milestone Credit Card credit limit?
The Milestone Credit Card does not currently offer a way for cardholders to increase their credit limit. It is an unsecured card designed for people with bad credit and offers a $700 credit limit.
You can contact the Milestone Credit Card customer service department at (800) 305-0330 (from 6:00am to 6:00pm, Pacific Time, seven days a week) to inquire about any changes to their credit limit policy.
If you’re not tied to this particular card's issuer, feel free...
read full answer by Theo Frank, WalletHub Credit Card AnalystDoes the Milestone Credit Card have pre-approval?
You cannot check for Milestone Credit Card pre-approval. The Bank of Missouri does not offer pre-approval through its website, so anyone interested in applying for Milestone Credit Card will have to do so without the benefit of checking for pre-approval beforehand. However, if you received an invitation offer for Milestone Credit Card, you can enter your offer code on the website.
You can, however, use WalletHub’s CardAdvisor tool. Just answer a few general questions, and CardAdvisor will recommend some credit...
read full answer by Chip Lupo, Credit Card WriterHow do you get approved for a high limit credit card?
To get approved for a high limit credit card, you will need good to excellent credit and proof that you can afford a high spending limit. More specifically, your credit limit will be determined by several factors, including your income, assets, and existing debt obligations. Picking the right credit card goes a long way, too.
4 Steps on How to Get Approved for a High Limit Credit Card
1. Improve your credit score:
High limit...
read full answer by Chip Lupo, Credit Card WriterDid we answer your question?
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I will add that the $700 is definitely not guaranteed. I've been rebuilding my credit after years of a financial mess due to marriage and divorce, and finally have a good score again. But since my good status is new, $500 was my limit.
The $700 limit is not a guarantee. Approvals begin at $300.