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The New Millennium Bank Secured
Gold VisaŽ / MasterCardŽ, issued
by New Millennium Bank, is
designed for those with limited
or poor credit who may have
difficulty in obtaining a
standard unsecured credit card.
Most often, secured credit cards
do not have any additional perks
or benefits; however, this card
does provide several benefits
including auto rental insurance,
up to $100,000 in travel
accident insurance, and an
extended warranty for purchases.
Although the APR that is applied
to purchases is high for a
secured card, this card does
apply interest to the deposit
amount required to secure the
account, which is a nice
benefit. This card also has a no
credit check and no turn-down
policy.
There is an annual fee of $59,
which is slightly above average
for a secured card, as well as a
one-time processing fee of
$69.95 ($99.95 if the applicant
would like to be issued both a
VisaŽ and a MasterCardŽ).
It is important to note that a
drawback of the card is that
there is no grace period for
purchases. This means that
interest will be applied
immediately to any charges made
with the card.
Therefore, those who do not mind
accumulating finance charges
once a transaction is posted and
can afford the $300 minimum
deposit will benefit most from
what the New Millennium Bank
Secured Gold VisaŽ / MasterCardŽ
has to offer.
- No Credit Check
- Approved Regardless of
Credit History
- Total Credit Limit Up to
$10,000*
- Reports to All 3 Bureaus
- Get Cash at Over 740,000
ATMs
- Emergency Cash Transfers
- Auto Rental Insurance
- $100,000 Travel Accident
Insurance
Apply Now!
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