New Millennium Bank Gold Visa®/MasterCard®

Our Review:

I sincerely believe that the New Millennium Bank Gold Visa®/MasterCard®, issued by New Millennium Bank, is  a great credit card choice as the card is designed for those with limited or bad credit who may of had issues with obtaining credit in the past.

Most Of the time secured credit cards do not offer any sort of benefits, however this card does offer auto rental insurance, up to $100,000.00 in travel related accident insurance, and an extended warranty for purchases you make with the card.

The New Millennium card does cost a bit more than most cards, however there is a no turndown policy.

There is an annual fee of $59, which is slightly above average for a secured card, as well as a one time processing fee of $69.95. You can also elect to receive a Visa and a MasterCard for a fee.

There are no grace periods for interest with purchases with the New Millennium Bank Gold Visa®/MasterCard®, so do note that charges will begin straight away when you make purchases .

So if you are in the market for secured credit cards and can afford the $300 down to get this one and have a need for a card that can allow you to build credit, then the New Millennium Bank Gold Visa®/MasterCard® might be the card for you.