Review
concora Milestone Mastercard Review: Unsecured Card for Rebuilding Poor Credit
The Milestone Mastercard offers an unsecured path to rebuilding poor credit, but its exceptionally high fees and APR make it a costly last resort. Read our review to see if it's the right (or only) option for your credit-building journey.
Concora Credit
Milestone Mastercard
| Annual Fee | $175.00 |
| Sign-up Bonus | Not applicable |
| Rewards Rate | Not applicable |
| Regular APR | Annual Percentage Rate (APR) for Purchases 35.9% APR for Cash Advances 35.9% |
| Other Fees | Monthly Fee $0 the first year (billed $0 each month); $150 annually thereafter (billed $12.50 each month) Cash Advance Fee $5 or 5% of the amount of each transaction, whichever is greater (not to exceed $100) Foreign Transaction Fee 1% of each transaction in U.S. dollars Late Payment Fee Up to $41 Overlimit Fee Up to $41 Returned Payment Fee Up to $41 Minimum Interest Charge If you are charged interest, the charge will be no less than $1.00. |
Overview
Pros & Cons
What's great
- Helps build credit
Things to consider
- High annual and recurring fees
- No intro APR period
- High regular APR
- No rewards
- No sign-up bonus
- Foreign transaction fees apply
Benefits
Drawbacks
Decision Guidance
Summary
The Milestone Mastercard receives a 'Very Poor' overall rating of 0.5/5.0. This card is a textbook example of a high-cost, low-value product designed for the subprime market, serving as a last resort for individuals with poor credit. Its extremely hi...