Millennium Advantage Pre-Paid MasterCard®Issued by New Millennium Bank.This card received a rating of 2.50 out of 5.00 |
|
Basic Credit Card Information
| Introductory Rate: | No Introductory Rate Available |
| Time Period: | n/a |
| Rate Applied To: | None |
| Additional Details: | n/app |
| Regular APR: | n/app |
| Variable or Fixed: | n/app |
| Annual Fee: | $0 |
| Annual Fee Details: | None |
| Application Fee: | $99 |
| Participation Fee: | $71.40 ($5.95 monthly) |
| Reload Fee: | $1.00 |
| Inactive Fee: | $3.00 Monthly (after 60 days of inactivity) |
| Total First Year Fees: | $170.40 |
| Type Of Rewards: | n/app |
| Be sure to read the card's Terms and Conditions before applying! | |
Credit Card 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.This review was updated 2008-08-01T00:00:00.0000000-07:00
Reward Program Information
| Type Of Rewards: | n/app |
| Reward Program Optional: | n/app |
| Optional programs may have a fee. See Terms and Conditions for details. |
| For Cards with Cash Back Incentives | |
| Lowest Possible Rebate: | n/app |
| Highest Possible Rebate: | n/app |
| Additional Rebates: | n/app |
| Rebate Details: | n/app |
| For Cards with Point Incentives | |
| Points Per Dollar Spent: | n/app |
| Additional Points: | n/app |
| Point Details: | n/app |
| For Cards with Airline Incentives | |
| Miles Per Dollar Spent: | n/app |
| Additional Miles: | n/app |
| Program Details: | n/app |
Rewards Expiration Period: n/app
Annual Limit: n/app
Additional Credit Card Perks
Special Notations about the Millennium Advantage Pre-Paid MasterCard®
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.Always read the credit card's Terms and Conditions before applying!
