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Milestone® Mastercard®

• Guaranteed $700 credit limit if approved.
• Apply with Confidence! There is no impact to your credit score if you’re not approved. See terms.
• Don't Have Perfect Credit? No Problem!
• Join over a million consumers who are working on building their access to credit.
• Zero Fraud Liability - Peace of mind that comes with having a Mastercard.
• Get the credit you deserve, even with less-than-perfect history.
• No security deposit, and a path to better credit.
• See Rates & Fees

Credit Needed:

Fair, PoorCreditWeb considers the following based on credit types:

A credit score between 601 and 699 is considered fair credit. A credit score below 600 is considered poor credit. ²

Reviews: Be the first to write one
Rewards: None

Annual Fee	Balance Transfers APR	Purchase Intro APR	Regular APR
See terms	N/A*	N/A*	See terms

Our Opinion

The Milestone Mastercard is an unsecured credit card intended for consumers who are establishing or rebuilding credit. This offer provides a $700 credit limit if approved and does not require a security deposit. Account activity is reported to all three major credit bureaus, which can help cardholders establish a payment history when the account is managed responsibly. Credit-bureau reporting does not guarantee that a credit score will improve.

The card’s primary drawback is its cost. According to the current offer terms, a $175 annual fee is charged during the first year. Because this fee is charged to the account, the initial available credit on a $700 credit limit will be approximately $525.

Beginning with the second year, the annual fee drops to $49, but a $12.50 monthly fee begins. That produces a total of $199 in annual and monthly fees each year after the first year. The card also has a 35.9% purchase APR and does not offer rewards.

What We Like

• No security deposit is required.
• The credit limit is $700 if the application is approved.
• Account history is reported to Equifax, Experian and TransUnion.
• If the application is not approved, a hard inquiry will not appear on the applicant’s credit report. See the offer terms for complete details.

Important Considerations

• The first-year annual fee reduces the amount of credit initially available.
• Annual and monthly fees continue after the first year.
• The purchase APR is high, making the card expensive for carrying a balance.
• The card does not earn cash back, points or other purchase rewards.
• Approval is not guaranteed, even if an applicant has limited or damaged credit.

Who This Card May Be Useful For

The Milestone Mastercard may be worth considering for someone who wants an unsecured credit card, cannot qualify for a lower-cost alternative and does not want to provide a security deposit. It is best suited to someone who plans to keep the balance low, pay on time and preferably pay the statement balance in full each month.

Before applying, compare the card with secured credit cards and other credit-building products. A secured card requires an upfront deposit, but some secured cards have substantially lower ongoing fees and may return the deposit when the account is closed in good standing or upgraded.

CreditWeb’s Bottom Line

The Milestone Mastercard offers a defined $700 credit limit without requiring a security deposit, but its first-year fee, ongoing fees and high APR make it an expensive way to access credit. Its strongest use case is credit-building through responsible account management. Applicants who qualify for a lower-fee unsecured card or an affordable secured card may find better long-term value elsewhere.

Review the current rates and fees before applying.