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The
Millennium Advantage Prepaid
MasterCard®, issued by New
Millennium Bank, is a stored
value card designed for those
who may have difficulty in
obtaining an unsecured credit
card.
This card requires the
cardholder to make payments in
advance, which are then used to
offset future purchases made
with the card. The card can be
loaded by account-to-account
transfers via the Internet,
through payments sent by mail,
or at load stations from
authorized load partners. There
is a $1 fee charged for every
reload.
There are other fees associated
with this card as well,
including an activation fee of
$99.00 and a monthly
participation fee of $5.95
($71.40 annually). In the first
year alone, a cardholder can
expect to pay a minimum total of
$170.40 in fees.
It is important to note this
card does not report cardholder
transactions to credit bureaus,
which may be considered a major
drawback for those who are
trying to establish credit.
Therefore, those who are looking
for a stored value card and do
not need to build credit may
find the
Millennium Advantage Prepaid
MasterCard® to be a suitable
option.
- Use Your Card at Over
900,000 ATMs and Millions of
Locations Worldwide!
- No Credit Check or
Income Verification Required
- No Chexsystem Check
- No Minimal Balance
Required!
- Phone and On-line
Account Access
- Shop and Pay Bills
On-line!
Apply Now!
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