Directly with Concora Credit Inc.
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Destiny Mastercard®
- A guaranteed $700 credit limit to help get your financial goals on track, if approved.
- Apply with Confidence! There is no impact to your credit score if you’re not approved. See terms.
- No security deposit, and a path to better credit.
- Zero Fraud Liability - Peace of mind that comes with having a Mastercard.
- Get the credit you deserve, even with less-than-perfect history.
- An unsecured card great for everyday purchases
- See Rates & Fees
* The Destiny Mastercard is issued by Concora Credit Inc. Applications are subject to issuer review (which may include obtaining your credit report) and approval. Fraud protection provided by Mastercard Zero Liability Protection. If approved, you'll receive the Mastercard Guide to Benefits that details the complete terms with your card.
Credit Needed: Poor, Fair, LimitedCreditWeb considers the following based on credit types:
A credit score between 601 and 699 is considered fair credit. A credit score between 645 and 689 is considered limited credit. A credit score below 600 is considered poor credit. 2
Reviews: Be the first to write one
Rewards: None
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Our OpinionThe Destiny Mastercard is an unsecured card for people with a challenging credit history. There is no security deposit, and Destiny says it reports monthly to all three major credit bureaus. The tradeoff is cost, so it pays to know the numbers before you apply.
What it really costs
- First year: a $175 annual fee and no monthly fee. The fee is charged when the account opens, so the $700 credit limit starts with about $525 of available credit.
- From year two: a $49 annual fee plus $12.50 a month, or $199 a year in account fees before any interest.
- APR: 35.9% on purchases and cash advances. Cash advances start accruing interest on the transaction date and cost $5 or 5% of the amount, whichever is greater.
- Other fees: 1% on foreign transactions, and up to $41 for a late payment, a returned payment or going over the limit.
Who it suits
It can make sense if other cards have turned you down, you want an unsecured line without tying up cash in a deposit, and you plan to pay in full each month so the APR never comes into play. Destiny says that if you are not approved, no hard inquiry appears on your credit report.
Who should look elsewhere
If you can set aside a deposit, compare a secured card. The FTC notes that secured cards usually require a deposit of part or all of the credit limit, which you usually get back when you pay off the balance and close the account. Secured cards can carry fees too, so compare the total yearly cost, not only the deposit. If you expect to carry a balance, a 35.9% APR makes this an expensive place to do it.
Tips if you get the card
- Pay the full balance by the due date. Destiny does not charge interest on purchases when you do.
- Keep spending well below the roughly $525 you start with, since fees and interest use up that credit too.
- Set payment reminders. A late payment costs up to $41, and missed payments can lead to negative information on your credit report.
- Changed your mind? The annual fee is refundable if you cancel before making any transactions.
Approval is not guaranteed. Review the current rates and fees before you apply.
For rates and fees of the Destiny Mastercard®, please
click here
