Will I get a penalty for paying off my Milestone credit card early?
3
UpvotesReply
thomas friedman
You will not get a penalty for paying off your Milestone credit card early.
Milestone® Mastercard® - Less Than Perfect Credit Considered
Milestone® Mastercard® - Less Than Perfect Credit Considered
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Sponsored Card
APR4,452Reviews88Q&AContact
APREditor ReviewQ&ACustomer Reviews
Accepted Credit Scores
Accepted Credit Scores
Fair Credit, Bad Credit
Fees
One-Time Fees$0
Annual Fees$35 - $99*
Monthly Fee$0
APR on Purchases
24.9%
Editor's Take
by John Kiernan
April 20th, 2022
Milestone Credit Card Pros & Cons
No processing or monthly fees
Available to people with bad credit, even after bankruptcy
Relatively low APR for the segment
Membership fees
No rewards
No rewards bonus
No intro APR on purchases
Milestone Credit Card's Additional Info
| cash advance fee | None 1st yr, either $5 or 5% after |
| cash advance APR | 29.9% |
| foreign transaction fee | 1% |
| smart chip | No |
| max late fee | $40 |
| max overlimit fee | $40 |
| max penalty APR | 29.9% |
| grace period | 25 days |
Prequalify for a card today and it will not impact your credit score
Less than perfect credit is okay
Mobile account access at any time
Protection from fraud if your card is stolen
Account history is reported to the three major credit bureaus in the U.S.
Disclaimers: *Dependent on credit worthiness
Milestone Credit Card Reviews FAQ
Don't see what you're looking for? Submit your question about Milestone® Mastercard® - Less Than Perfect Credit Considered to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card.
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Does the Milestone Credit Card have a hardship program?
2
UpvotesReply
Lisa Cahill
No, the Milestone Credit Card doesn't have a hardship program. The issuer may, however, sympathize with you in case of hardship.
If you've lost your job or are suddenly unable meet your payment obligations, call customer service at (866) 453-2636 to explain your situation. There's no guarantee it will... show more
What's the Milestone Credit Card daily cash advance limit?
2
UpvotesReply
Sarah Bilkins
The Milestone Credit Card daily cash advance limit is $100.
Having said that, keep in mind that cash advances with a Milestone Credit Card are costly transactions and should be reserved for emergencies only.
For starters, there's a cash advance fee: None 1st yr, either $5 or 5%... show more
How hard is it to get the Milestone Credit Card?
2
UpvotesReply
Lisa Cahill
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... show more
How can I track the delivery of a Milestone Credit Card?
2
UpvotesReply
Sydney Garth
Unfortunately, there is no way you can track the delivery of a Milestone Credit Card.
Having said that, it is also worth noting that it usually takes about 14 days after being approved for your card to reach you.
However, if you do not receive your Milestone... show more
How can I reset my Milestone Credit Card PIN?
2
UpvotesReply
Evelyn Boros
You can reset your Milestone Credit Card PIN by calling (800) 958-2556 or the number on the back of your card.
After you informed a representative about your request, you should receive your PIN via mail, email, or text.
How do I do a balance transfer on my Milestone Credit Card?
2
UpvotesReply
Chip Lupo
The Milestone® Mastercard® - Less Than Perfect Credit Considered does not allow balance transfers. In general, balance transfers allow you to shift high-interest debt from your current account to another issuer's credit card and pay off the balance, presumably at a reduced interest rate.
For a look at some... show more
What are the best Milestone Credit Card promotions?
2
UpvotesReply
Evelyn Boros
The best Milestone® Mastercard® - Less Than Perfect Credit Considered promotion is the $0 cash advance fee for the first year. Cardholders do not need to do anything specific to take advantage of this Milestone Credit Card promotion, as it applies automatically.
Credit card promotions change often, so if... show more
What is the Milestone Credit Card credit score requirement?
2
UpvotesReply
Lisa Cahill
The Milestone® Mastercard® - Less Than Perfect Credit Considered is available to people with bad credit. That means people with credit scores below 640 may have a shot at getting approved for the Milestone® Mastercard® - Less Than Perfect Credit Considered.
You should note that while your credit... show more
Does the Milestone Credit Card offer roadside assistance?
2
UpvotesReply
Chip Lupo
No, the Milestone Credit Card does not offer roadside assistance. The Milestone Credit Card has never offered a roadside assistance benefit, though cardholders may be eligible for roadside assistance through alternate sources, like their auto insurance carrier, an auto club such as AAA, or their vehicle's manufacturer.
For more... show more
Compare The Milestone Credit Card
Purchase Intro APRNot Offered
Purchase Intro APRNot Offered
Purchase Intro APRNot Offered
Transfer Intro APRNot Offered
Transfer Intro APRNot Offered
Transfer Intro APRNot Offered
Regular APR24.9%
Regular APR17.64% (V)
Regular APR35.9%
Rewards RateNone
Rewards RateNone
Rewards RateNone
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Milestone Credit Card Video Review
Milestone Credit Card Reviews
Share your insights and review the Milestone® Mastercard® - Less Than Perfect Credit Considered
3.5
4,452 reviews
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1 Star Rating
Verified CustomerNot a honest card company to work with. They will send you a pre-approval letter for a amount of said dollars, with the promise of doubling your credit limit after six months of on-time payments. I have paid my balance in full every month for six months. I called to see how my increase works, and was told they don't offer balance increases. I wouldn't give them any of your money, they are not honest and will say anything to get you to sign up with them, once they have you they will fall short of all promises made. Shop elsewhere if I were you. I plan to cancel my card asap.
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1 Star Rating
I have been paying my bill on time yet to receive a new card since December but keep getting billed. It’s now February and I still waiting on a new card. According to customer service I should stop payment until new card arrives. The customer service representative tried to apologize for us my credit card.
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1 Star Rating
Verified CustomerGot approved the beginning of January and I still haven't received my card!! What's the point of applying and it takes forever to receive???!!
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1 Star Rating
Verified Customer$ 175 first year annual fee. Yes! You read that right. No other credit card company has ever charged me that much. Read the fine print. Then run away.
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1 Star Rating
Verified CustomerI never received this card! I am very angry! I want them to call me! This is a rip off! I read the reviews and too many people complaining about the same issue. They didn’t receive their cards!
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1 Star Rating
Verified CustomerVery high fees, not that great of a card, no limt increase, no rewards, will be closing this card very soon. Not able to use this card everywhere
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5 Star Rating
Verified CustomerEasy to work with, website is user friendly to navigate around, make payments etc. Accepts new users trying to rebuild credit. So far so good.
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1 Star Rating
Verified CustomerMilestone takes the payment from your account and then freezes the credit card for 14 days. When you call them they tell you that they received the payment. But we will freeze the card until we verify the payment. Yes the payment they just said that they received. This card is ridiculous wouldn't recommend anyone use this card.
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1 Star Rating
Verified CustomerSmall credit limit. $99 annual fee. When the fee charges, it drops your credit score. It doesn’t make sense to have it. I will be closing it soon.
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1 Star Rating
Verified CustomerAbsolutely no reward system or credit limit increases. So many other options!! I would suggest use this only as last resort once you’ve researched diligently.
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Review Milestone® Mastercard® - Less Than Perfect Credit Considered
Expert Thoughts on Milestone Credit Card
To help people learn more about the Milestone Mastercard, WalletHub posed the following questions to a panel of experts. You can see who they are and what advice they had to share below.
- What advice do you have for someone with bad credit who wants an unsecured credit card?
- Does it ever make sense to pay interest at a 25% APR?
- Do you think people with bad credit are more likely than other consumers to apply for a credit card from a company without much name recognition?
David Wilhelm
Associate Professor, Business, San Diego Miramar College
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Associate Professor, Business, San Diego Miramar College
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Virginia Solis Zuiker
Ph.D., AFC®, Associate Professor, Family Social Science, University of Minnesota, College of Education and Human Development
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Ph.D., AFC®, Associate Professor, Family Social Science, University of Minnesota, College of Education and Human Development
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Anita B. Pasmantier
Ph.D., Professor of Finance, Fulbright Scholar, Bloomfield College
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Ph.D., Professor of Finance, Fulbright Scholar, Bloomfield College
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Kershen Huang
Ph.D., Associate Professor of Finance, Huizenga College of Business and Entrepreneurship, Nova Southeastern University
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Ph.D., Associate Professor of Finance, Huizenga College of Business and Entrepreneurship, Nova Southeastern University
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Barbara O'Neill
Ph.D., CFP®, CRPC, AFC®, CFEd, CPFFE, Distinguished Professor Emerita, Rutgers University, Owner/CEO, Money Talk: Financial Planning Seminars and Publications
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Ph.D., CFP®, CRPC, AFC®, CFEd, CPFFE, Distinguished Professor Emerita, Rutgers University, Owner/CEO, Money Talk: Financial Planning Seminars and Publications
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Julie R. Hollinshead
CFA, Adjunct Faculty, Department of Finance, Mike Ilitch School of Business, Wayne State University
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CFA, Adjunct Faculty, Department of Finance, Mike Ilitch School of Business, Wayne State University
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More Experts
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Offer last updated: Apr 20th, 2022 at 17:00 ET