Milestone Gold MasterCard Account Login For Re-Establishing Credit
The Milestone Gold MasterCard Account Login allows you to do so much more. You can pay bills, view your credit and so much more. The Milestone Gold MasterCard is a credit card aimed at applicants with poor credit. The card is issued by Mid America Bank & Trust Company an FDIC-insured bank located in Dixon, Missouri. (Note that FDIC insurance doesn’t really help you as a credit customer, but does speak to the legitimacy of the bank.)
When it comes to subprime credit cards, the Milestone Gold MasterCard is one of the better ones. Despite the potentially high annual fee and low credit limit, the Milestone Gold MasterCard has a relatively low APR (Annual percentage rate), especially when compared to the First Premier Bank Credit Card’s 36% APR (it was as high as 59.9% at one point in time). As of April 22, 2015, CreditCards.com reports the average APR for bad credit credit cards as 22.73%, so 23.9% isn’t bad. The annual fee you’re charged will be $35, $59 or $75 depending on your creditworthiness. You won’t know the exact annual fee until you’re approved. The version of the $75 annual fee card charges a $99 annual fee every year after the first year. But, this shouldn’t be a credit card you hold onto for a long time. Use for a year or two it to re-establish your credit history until you can qualify for something which better terms.
If approved, you’ll receive a $300 minimum credit limit based on your creditworthiness, income, debt and other qualification factors. On the downside, a portion of your initial credit limit will be consumed with the annual fee and if you choose to add an authorized user, you’ll be assessed a fee for that too. Paying off your fees before making any charges on the credit card is the best way to avoid a high credit utilization and keeps you from getting into more debt than you can handle.
There’s a steep minimum payment of the greater of 7% or $35 on the balance, which is higher than many other credit cards, but will help you pay off your balance faster. Seven percent of the minimum won’t be higher than $35 until your balance is above $500, so in most cases, your monthly payment on this card will be $35 (unless your balance is below $35). With a 23.9% APR, it’s better if you pay your balance in full to avoid finance charges. All of this is available at The Milestone Gold MasterCard Account Login
- Click on http://mymilestonecard.com/
- On the left side of the page, enter your username and password
- In case of forgetting your password or username click on the link below the box
- You can also activate your card by clicking activate your card
- To register a new account click on Register next to not yet registered.