Advantages:
Rebuilds Your Credit: Like the Secured Platinum card, the New Millennium Bank Secured Gold Visa Card or Mastercard is another very popular card. This card also helps repair your credit score by reporting your payment history to the 3 major credit reporting bureaus. As I mentioned in my credit articles, this secured credit card is a vital tool to helping you quickly build good credit.
Get All The Benefits of a Normal Credit Card: This card looks just like a normal credit card and you get all the same features.
High Secured Credit Limit: This secured card offers you a high credit limit of $10,000 when you get both the secured Gold Visa and Mastercard.
Your Deposit is Protected: Each account is FDIC insured up to $100,000
Features Travel Accident Insurance and Auto Rental Insurance
Disadvantages: There is no grace period for new purchases
New Millennium Bank Secured Gold Visa Card or Mastercard Advertised Features:
New Millennium Bank is now offering secured Gold Visa® and Gold MasterCard® credit cards for those individuals wishing to establish or repair their credit. With credit lines secured by their savings account in amounts between $300.00 and $5,000.00, these cards can be used just as you would any credit card at over 10 million establishments worldwide. People CAN apply to get both cards and they can even add a co-applicant name and get additional cards.
- Approved regardless of credit history
- Credit limits up to $10,000*
- Reports to all 3 bureaus
- Get cash at over 740,000 ATMs
- No credit check
* Terms and conditions apply.
*Find more secured credit cards. Click here for free articles tips on choosing a credit card for bad credit*
Summary of Important Terms & Conditions:
I’ve listed the key features credit experts advise you to study carefully. In an effort to provide you with the most accurate information, I update my website monthly. However banks update their terms and conditions periodically so for a comprehensive listing of the latest terms and conditions, click on the card image below.
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Annual % Rate: 19.5% for purchases and cash advances
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Other APR: -0-
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Annual Fee: $69.95 for one card; $99.95 for both Visa and Mastercard
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Grace Period: None
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Deposit Requirement: Initial Minimum deposit can as low as $300 to as high as $5,000 per card.
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Activation Fees: -0-
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Application Fees: $99.95 for one card; $129.95 for both Visa and Mastercard. Co-applicant fee is $12.95
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Processing Fees: -0-
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Reports to 3 Major Credit Bureaus: Yes
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Method of computing Balance for Purchases: Average Daily Balance (including new purchases)
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Minimum Finance Charge: $0.50 per month
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Calculation of Finance Charge: Average Daily Balance
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Cash Advance Fee: 2% of advance (Min $1, Max $20)
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Balance Transfer Fee:
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Late Payment Fee: $20
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Over the Limit Fee: $20
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Returned Item Fee:
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Telephone Payment Fee:
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Option to Convert to Unsecured Status: N/A
Whether you want to build AAA new credit or just looking to fix your bad credit, I think you’ll find the New Millennium Bank Secured Gold Visa Card or Mastercard a great choice among secured credit cards. You’ll get the benefits of a low annual fee, high secured credit limits, and other great benefits. To apply now, click on the link below to get your own card.
Click On The Image Below To Apply
*Find more secured credit cards.
Click here for free articles tips on choosing a credit card for bad credit*
About New Millennium Bank
New Millennium Bank currently has two offices to serve its customers at 57
Livingston Avenue, New Brunswick, NJ and 695 Hamilton Street, Somerset, NJ.
The Bank offers a full range of Internet banking services to support its
retail and commercial customers. In addition to its active and creative
commercial lending department, New Millennium Bank is a Nationwide Preferred Small Business Administration (SBA) Lender, lending primarily in New Jersey, New York and Pennsylvania. New Millennium Bank also offers secured credit cards such as their Secured Gold Visa Card or Mastercard throughout the United States to help individuals re-establish their credit.
