MyMilestoneCard is a secured credit card issued by The Bank of Missouri and serviced by Genesis FS Card Services. It’s designed specifically for people with bad credit or no credit history.

With a secured card like MyMilestoneCard, you make an upfront security deposit that serves as your credit limit. This allows you to build credit even if you don’t qualify for an unsecured card.

The deposit amount is typically $200 to $2,000. As long as you make your monthly payments on time, the deposit is fully refundable when you close the account in good standing.

MyMilestoneCard reports your activity to all three major credit bureaus. So, if you use the card responsibly by keeping your credit utilization low and paying your bill on time each month, your credit score can start improving.

The card has additional features to help build your credit as well, which we’ll discuss more below.

Particulars	Description
Official Name	My-milestonecard
Portal Type	Login
Managed By	Milestone
Country	USA
Language	English

How to register with MyMilestoneCard as a new user?

If you are a new user of the Milestone Mastercard, you need to register your account online before you can access the MyMilestoneCard portal. To register your account, you need to have your 16-digit card number, your date of birth, your social security number, and your zip code. Here are the steps to register your account:

• Visit the official website of the MyMilestoneCard portal at www.mymilestonecard.com.
• Click on the “Register” button located on the login page.
• Enter your 16-digit card number and click on “Next Step”.
• Enter your date of birth, your social security number, and your zip code and click on “Next Step”.
• Follow the prompts to verify your identity and create a username and password for your account.
• Once registered, you can log in to your account and start managing your MyMilestoneCard online.

How to login at MyMilestoneCard?

Once you have registered your account, you can login to your MyMilestoneCard portal anytime and anywhere. To login to your account, you need to have your username and password that you created during the registration process. Here are the steps to login to your account:

• Visit the official website of the MyMilestoneCard portal at www.mymilestonecard.com.
• Enter your username and password in the login form on the right side of the page.
• Click on the “Log In” button to access your account dashboard.
• From your account dashboard, you can view your balance, transactions, statements, and make or schedule a payment.

How to make payments with MyMilestoneCard?

Making payments with your MyMilestoneCard is easy and secure. You can make payments online through the MyMilestoneCard portal, by phone, by mail, or by using MoneyGram or Western Union. Here are the details of each payment method:

Payment Method	How to Pay?	What to Provide?	Processing Time	Fee
Online	Log in to MyMilestoneCard portal and click on “Pay Bill” tab	Checking or savings account	Within two business days	No
Phone	Call customer service number on card or statement	Checking or savings account or debit card	Within one business day	Yes
Mail	Send check or money order with payment coupon to address on statement	Account number	Within five business days	No
MoneyGram	Visit any MoneyGram location	Account number and receive code 7194	Within one business day	Yes
Western Union	Visit any Western Union location	Account number and city code MILESTONEGA	Within one business day	Yes

Advantages of MyMilestoneCard

Now let’s talk about some of the key benefits of using MyMilestoneCard:

Helps Build Credit from Scratch

The biggest pro is that MyMilestoneCard allows you to start establishing credit if you don’t have any (or have bad credit). This card is essentially designed for credit building.

As mentioned, it’s a secured card so the deposit you put down becomes your credit limit. The bank reports your payment history to the credit bureaus each month.

So by using the card responsibly and paying on time, you can create a positive payment history. This in turn helps raise your credit score so you can eventually qualify for an unsecured card.

Accessible to Most Applicants

MyMilestoneCard approves applicants with bad credit more frequently than traditional unsecured cards.

According to their website, they help people in all credit situations, including:

• Little or no credit history
• Poor credit score
• Bankruptcy
• Repossessions
• Tax liens
• Collections
• Charge-offs

So even if you have credit challenges, you have decent approval odds for this card. Just make sure you meet the basic eligibility criteria (more on that shortly).

No Credit Check for Pre-Qualification

When you pre-qualify for MyMilestoneCard on their website, it doesn’t require a hard credit check. This means the pre-qualification process won’t hurt your credit score.

However, if approved, they will do a hard inquiry when opening your account. Hard inquiries may cause a small temporary drop in your score.

But avoiding a hard check at pre-qualification is still a nice perk, as it lets you see if you may get approved with zero risk.

Online Account Access

MyMilestoneCard gives cardholders free access to an online account for managing payments and viewing statements electronically.

You can log in to the online portal anytime to:

• Check your account balance
• View recent transactions
• Make a payment
• Set up autopay
• Print/view statements
• Update personal info
• Message customer service

Having 24/7 online access is very convenient for managing your account.

Credit Limit Increases

As you demonstrate responsible use of your MyMilestoneCard, The Bank of Missouri may offer you credit limit increases over time. This allows you to continue building your credit.

Higher limits also mean you can keep your credit utilization low by spending a smaller percentage of your overall credit. This too helps boost your scores.

Just make sure you only accept increases you can manage responsibly by paying in full each month.

Roadside Dispatch Service

MyMilestoneCard comes with a Roadside Dispatch emergency road service that provides assistance if your car breaks down.

It offers:

• Towing
• Tire changes
• Jump starts
• Lockout service
• Fuel delivery
• Winching

To access Roadside Dispatch, call 1-800-847-2869. You get basic services up to $50 in value included at no cost. More extensive repairs and services are discounted 50% off normal costs. Having emergency roadside help can provide nice peace of mind while driving.

How to Apply for MyMilestoneCard?

Ready to apply for your own card? Here is a step-by-step walkthrough of the application process:

Check If You Pre-Qualify

First, visit the MyMilestoneCard pre-qualification page to see if you may be approved.

You’ll need to provide your name, address, date of birth, and Social Security Number. But no hard credit check is required at this stage.

After submitting your info, you’ll get an instant decision on pre-approval. This allows you to check your eligibility with no risk to your credit score.

Submit a Full Application

If pre-qualified, you can proceed to the full online application. Here’s what to expect:

• Personal Information: Enter your contact details like name, DOB, Social Security Number, and physical address.
• Income Details: Be prepared to provide your total annual income from all sources.
• Bank Account Info: You’ll need to supply your checking or savings account number so they can deduct payments.
• Security Deposit: Select how much you want to deposit as your initial credit limit.
• Terms and Conditions: Finally, read and agree to the terms of the cardholder agreement.

Double check that all your information is accurate before submitting the application. Mistakes could lead to processing delays or denials.

Wait for a Decision

Give it a few minutes for the application system to process after submitting. Most applicants receive an instant approval or denial decision.

If approved, you’ll receive a credit limit and APR based on your credit profile. This is also when the hard credit inquiry will happen.

You can complete your security deposit payment within the acceptance letter to finish opening your new account.

Expect to receive your card about 1-2 weeks after paying the deposit and activating it. Then you can start using your new line of credit!

Managing Your MyMilestoneCard Account

Once approved, here are some tips for managing your MyMilestoneCard responsibly:

Make Payments on Time

To build credit effectively, it’s vital to pay your monthly bill no later than the due date. Payment history is the biggest factor in credit scores.

Log in to your online account regularly to check statement balances. Set up autopay through your bank for convenience and added assurance of on-time payments.

Keep Credit Use Below 30%

A major key is maintaining a low credit utilization ratio (percent of credit used).

Keep Credit Use Below 30%

A major key is maintaining a low credit utilization ratio (percent of credit used).

Try to keep your balances at less than 30% of your total credit limit. Going over this threshold can start decreasing your scores.

With the likely lower limit to begin with, this requires careful spending. But it builds positive credit habits.

Consider Making Extra Payments

If possible, consider paying more than the minimum payment each month. This saves on interest charges while also keeping utilization lower.

Sending extra mid-cycle payments is an easy way to keep balances even lower before statement closing dates. Just be sure to still make the minimum by the due date as well.

Use Autopay

Setting up autopay through your bank account is strongly recommended for avoiding late fees. Just log in to your account and enroll in autopay via the “Make a Payment” page.

Autopay automatically deducts the minimum or full balance on the payment due date. This ensures you never miss a payment due to forgetfulness.

Ask For Credit Line Increases

As referenced earlier, maintaining responsible use of MyMilestoneCard can lead to credit line increase offers. This gradually raises your total limit.

Accept these offers carefully and only increase your available credit as spending needs grow. Don’t take on more than you can manage with payments.

Check Statements and Credit Reports

Log in regularly to check transactions are accurate on your statements. Also monitor your credit reports from the three bureaus for any errors.

Dispute mistakes with the credit bureaus right away to protect your scores. This helps maximize the score benefit from the card.

Consider a Graduate Card

Once you demonstrate positive credit behavior for 6 months or more, you may qualify to “graduate” to an unsecured card. Graduation can open better terms and rewards.

Some options like the Discover it Secured Card automatically graduate accounts after 8 months of responsible use. Check for MyMilestoneCard graduate options too.

MyMilestoneCard Customer Service

If you have any questions or issues with your MyMilestoneCard, the customer service team is available to help you:

You can contact their support line directly for assistance with things like:

• Questions about account management or features: You can learn more about how to use your card, check your balance, view your transactions, access your statements, and manage your alerts and notifications.
• Making payments: You can make payments online, by phone, by mail, or through MoneyGram. You can also set up autopay to avoid missing any due dates. You should always pay at least the minimum amount on time to avoid fees and negative impacts on your credit score.
• Reporting lost/stolen cards: If you lose your card or suspect it has been stolen, you should report it immediately to the customer service team. They will cancel your card and send you a replacement. You will not be liable for any unauthorized charges made on your card.
• Disputing charges: If you notice any errors or fraudulent transactions on your card, you should contact the customer service team as soon as possible. They will help you file a dispute and investigate the issue. You may need to provide some documentation to support your claim.

• Handling fraudulent activity: If you suspect that someone has used your personal information to open a MyMilestoneCard account or make charges on your card, you should contact the customer service team and the credit bureaus. They will help you protect your identity and credit and resolve any unauthorized activity.
• Changing personal info: If you need to update your name, address, phone number, email, or other personal information, you can do so online or by phone. You may need to provide some verification documents to confirm your identity and changes.
• Closing accounts: If you decide to close your MyMilestoneCard account, you should contact the customer service team and follow their instructions. You will need to pay off your balance in full and return your card. You will also receive your security deposit back, minus any fees or charges.

Customer reviews praise their service team for friendly and responsive help. Having accessible customer support is invaluable for secured card accounts. Secured card accounts are a great way to build or improve your credit history, as they report your activity to the three major credit bureaus: Equifax, Experian, and TransUnion. By using your card responsibly, you can increase your credit score and qualify for better credit products in the future.

Who Is MyMilestoneCard Good For?

Now that you know the pros and cons…who should consider applying for MyMilestoneCard?

It can be a smart option for several types of cardholders:

New Credit Builders

If you’re brand new to credit with no FICO score yet, MyMilestoneCard allows you to start building a history. This sets you up for unsecured card approvals down the road.

Just be sure to only accept a limit you can manage based on your current income and budget.

Those Recovering From Credit Issues

The card is also helpful for rebuilding credit after setbacks like bankruptcy, collections, and late payments. Responsible use can demonstrate you’re back on track.

Anyone Seeking to Build Credit

Even if you have mediocre credit, MyMilestoneCard can establish positive behaviors like on-time payments and low utilization. Just be careful with the high interest rates if carrying a balance month-to-month.

Reliable Cosigners

Adding an authorized user with a good credit history can also be beneficial. Their on-time payments get added to your credit reports.

Just explain card expectations clearly with the cosigner first and make sure they understand the importance of timely payments.

People New to the US

For new immigrants and expats establishing US credit for the first time, MyMilestoneCard gives the chance to start fresh. Just be sure to provide the proper SSN and identification documents when applying.

FAQS

Final Thoughts on MyMilestoneCard

That sums up this complete guide to using MyMilestoneCard! To recap the key points:

• MyMilestoneCard is a secured credit card ideal for credit building and rebuilding.
• It requires an upfront refundable security deposit to establish your credit limit.
• Responsible usage can help establish positive payment history and improve your credit scores.
• The card has high interest rates and fees, so pay balances off monthly.
• Check your eligibility, submit an application, and use online account tools to manage the card wisely.
• Customer support is available to help answer any questions.

Hopefully this gives you all the information you need to decide if MyMilestoneCard fits your credit situation. Use it thoughtfully along with checking your credit reports and it can help build your scores over time.

Just make sure to consider your other card options too. And work your way up to an unsecured card as your creditworthiness improves. Good luck and happy credit building!