How to Get Pre Approval for Milestone Credit Card?

How to Get PreApproval for Milestone Credit Card?

Getting pre-approval for a Milestone Credit Card involves a relatively straightforward process. Pre-approval means that the credit card issuer has reviewed some basic information about you and determined that you are likely eligible for their credit card. Here's a step-by-step guide on how to get pre-approval for a Milestone Credit Card,

Visit the Official Milestone Credit Card Website

Open your web browser and visit the official Milestone Credit Card website. The URL for the website is typically provided in search engine results or can be obtained from the issuer's official materials.

Navigate to the Pre-Approval Section

Look for a section on the website that specifically mentions pre-approval or pre-qualification. It may be labeled as "Pre-Qualify" or "Check Your Pre-Approval Status."

Provide Personal Information

Click on the pre-approval section to initiate the process. You will be prompted to provide personal information that helps the issuer assess your eligibility for the credit card. This information usually includes:

• Full legal name
• Residential address (including zip code)
• Email address
• Phone number
• Date of birth (in MM/DD/YYYY format)
• Social Security Number (SSN) or an alternative identification number

Carefully review the information you've entered to ensure it's accurate. Mistakes or inaccuracies in your personal details can affect the pre-approval decision. Make any necessary corrections.

Submit Your Information

Once you've confirmed the accuracy of your information, submit your details by clicking the appropriate button or link on the website. At this stage, the issuer will perform a soft credit inquiry to assess your creditworthiness. Importantly, this soft inquiry won't impact your credit score.

Milestone Credit Card

The Milestone Credit Card is a financial product that caters to individuals with poor or limited credit histories. While it may offer a path to rebuilding or establishing credit, it comes with several important considerations.

Multiple Versions with Annual Fees

The Milestone Credit Card comes in various versions, and the specific version you receive is determined when you complete Milestone's pre-qualification application.

Some of the available versions include,

• Milestone Mastercard - 300 with an Annual Fee of $35.
• Milestone Mastercard - 301 with an Annual Fee of $75 in the first year, increasing to $99 thereafter.
• Milestone Mastercard - 322 with an Annual Fee of $59.

Pre-qualification doesn't impact your credit score as it doesn't involve a hard credit inquiry. However, once you accept an offer and formally apply for the card, it triggers a hard inquiry on your credit report.

While a $35 annual fee might seem reasonable for an unsecured credit card for bad credit, there are alternative credit cards available for limited credit that do not charge any annual fee.

There are approximately 20 more versions of the Milestone Credit Card available through direct offers or specific websites, and they can vary significantly from the three versions mentioned above.

• Some versions have high annual fees, potentially reaching $175 in the first year.
• The APR (annual percentage rate) for some versions can be as high as 35.9%, making it essential to manage your balance carefully to avoid high interest charges.
• Some versions may charge monthly fees, also known as "maintenance fees," which can add up to $150 annually on top of the card's annual fee.
• It's crucial to note that exceeding your credit limit with the Milestone Credit Card can result in an overlimit fee of up to $40, which is unusual as overlimit fees have become rare in the credit card industry.

For the three Milestone Credit Card versions available directly through their website, the credit limit is typically only $300. However, other versions may offer higher credit limits, possibly up to $1,000.

The annual fee further reduces your available credit, meaning that if you have a $300 credit limit and a $75 annual fee in the first year, your effective credit limit is $225 until you pay off the annual fee.

How to Apply for Milestone Credit Card?

To apply for a credit card with the assurance that it reports to all three credit bureaus and is accepted at numerous locations, follow the steps below:

• Go to the official Milestone Credit Card website

Access the Online Application

Look for a button or link that says "Apply Now" or "Get Started." Click on it to access the online application form.

Complete the Application Form

Fill out the application form with accurate and up-to-date information. The form will typically ask for the following details:

• Full Name
• Residential Address
• Email Address
• Phone Number
• Date of Birth (MM/DD/YYYY)
• Social Security Number (This is crucial for credit card applications)
• Total Monthly Income
• Total Monthly Expenses

Optional Services Selection

Review and select any optional services you wish to add to your card, such as Overlimit Coverage or Credit Protection, if applicable. These are often presented as checkboxes or options during the application process.

Read and Accept the Terms and Conditions

Carefully read the terms and conditions, including any fees associated with the card and optional services. You'll usually be asked to confirm that you understand and accept these terms before proceeding.

Submit Your Application

After completing the application form and accepting the terms, click the "Submit" or "Apply" button to send your application for review.

How to Log into Milestone Credit Card?

To log into your Milestone credit card account, you can follow these steps:

• Go to the official Milestone Credit Card website.
• Look for the "Log In" or "Sign In" option on the homepage.
• Click on "Log In" to access the login page.
• Enter your Registered Username in the provided field.
• Input your password into the designated password field.
• Double-check that your login credentials are accurate.
• Click the "Log In" or "Sign In" button to access your account.
• Once successfully logged in, you'll have access to your Milestone Credit Card account information, including your balance, transactions, and payment options.

Benefits of Milestone Credit Card

The Milestone Credit Card offers several benefits for individuals who may have poor or limited credit histories. While it's important to be aware of its potential costs, there are some advantages to consider:

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Milestone Credit Card Payment

To pay your Milestone Credit Card bill, you have several options,

Online Payment

• Log in to your Milestone Credit Card account online.
• Go to the payment section, enter the payment amount, and select your payment method.
• Verify the details and submit the payment.

Phone Payment

• Call (800) 305-0330 and follow the prompts to make a payment.
• Provide your account information and payment amount.

Payment by Mail

• Write a check or get a money order payable to "Genesis FS Card Services."
• Include your account number on the check or money order.
• Mail your payment to
  • Genesis FS Card Services, PO Box 84059, Columbus, GA 31908-4059