|
|
 |
|  |
|
|
|
|
• 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!
|
Millennium Advantage Pre-Paid MasterCard®
Millennium Advantage Pre-Paid MasterCard® No one's perfect, and most people don't have the credit rating of their dreams. Sometimes problems come up in life that make it difficult to sustain credit excellence, but that doesn't mean that it should be impossible to get participate in the activities that major credit card account holders engage in. Millennium Advantage Pre-Paid MasterCard® offers just the help you need when you it's hard to qualify for an unsecured credit card.
What Are The Benefits of the Millennium Advantage Pre-Paid MasterCard®?
This is a prepaid card, which means that funds must be loaded on the card before it can be used for purchases. The card can be loaded through online account-to-account fund transfers, through the mail, and through authorized load stations. The main advantage of this type of card is to learn the skills needed to properly manage money and organize a realistic budget. Often those will poor credit can use a prepaid card as a learning tool to teach the necessary skills to get a better handle on finances.
What Are the Disadvantages of Millennium Advantage Pre-Paid MasterCard®?
This card does not report information to credit card bureaus, so using this card does not help build or restore credit, although it can be an excellent way to regain control of your finances. Also, for some, the fees associated with this card might be a deterrent.
What are the Fees Involved?
There is an application fee of $99 and a $ 1 fee every time the card is loaded. In addition, there is a monthly participation fee of $5.95. Although these fees can seem a bit much, they are much lower than the APRs and annual fees associated with a regular credit card.
Is the Millennium Advantage Pre-Paid MasterCard® a Good Choice?
This card is a really good idea for someone who cannot qualify for unsecured credit cards and wants a convenient way to learn better money management methods. It can also be a good option as a way for parents to control the cash flow of their teenagers and college students.
How can the Millennium Advantage Pre-Paid MasterCard® Be Used the Most Effectively?
It is important to note that if you decide this card is right for your or your child, that you should make a few large payments to this card instead of a lot of little payments to reduce the amount of reload fees paid. Also, this card is best utilized when viewed as a short term solution to a rocky financial situation, and not as a long term financial tool. As you begin to pay down debts and get a better grip on your finances, you might want to consider moving to unsecured credit cards with low interest rates, and using bank or ATM cards to manage your finances. In the meantime, this card can be a real lifesaver to those who are going through a bit of a rough patch financially.
|
Introductory Offer
|
Introductory Term
|
Annual Fee
|
Late Fee
|
Credit Required
|
|
*
|
*
|
See Terms*
|
See Terms*
|
NA
|
|
|
|
 |
|  |
|
|
|