Millennium Advantage Pre-Paid MasterCard®
Card Type: MasterCard
Card Issuer: New Millennium Bank
Card Category: Pre-Paid
Apply for Platinum BusinessCard with Unlimited Rewards
- 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!
- Data
- Data
- Rating:
- Intro Rate:
- No Introductory Rate Available
- APR (Cash):
- n/app
- APR (Purch):
- n/app
- Annual Fee:
- $0
Review
The Millennium Advantage Pre-Paid 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 Pre-Paid MasterCard® to be a suitable option.
Most attractive features: No credit checks.
Least attractive features: Activation fee; monthly participation fee; does not help to establish a credit history.
Additional Perks: Various Internet account related services. See website for additional benefits.
Rates & Fees
Introductory rate: No Introductory Rate Available
Applied towards: None
Introductory Rate Details: n/app
Apr(Purchases): n/app
Apr(Cash Advances): n/app
Finance Configuration: n/app
Annual Fee: $0
Additional Cardholders: None
Grace Period: n/app
Minimum Credit Limit: n/a
Maximum Credit Limit: $2,500
Late Payment Fee: n/a
Cash Advance Fee: $1.95 for ATM transactions
Balance Transfer Fee: n/app
Important Notations: There is a bill payment fee of $0.75 per transaction for any bill payments made online or by phone. There is a $.75 fee for each ATM inquiry or ATM inquiry decline. There is a $.50 automated voice response fee each time cardholders call 1-877-868-0849 to check the card balance. There is a call center fee of $1 per minute each time cardholders speak with a customer service representative. There is a $9.95 card replacement fee if a card is reported lost or stolen. See website for complete terms and conditions of card usage and application disclosure.
Rewards
First Purchase Bonus: n/app
Balance Transfer Bonus: n/app
Annual Bonus: n/app
Other Bonus: n/app
Bonus Details n/app
Reward Type: n/app
Optional Rewards: n/app
Minimum Rebate: n/app
Rebate Details: n/app
Maximum Rebate: n/app
Additional Rebates: n/app
Miles per Dollar spent: n/app
Mile Reward Details: n/app
Additional Miles: n/app
Points per Dollar spent: n/app
Point Details: n/app