Destiny Mastercard® credit card full review
The high point of the Destiny Mastercard® credit card is that it is unsecured, which means it doesn’t require security deposit before using it. But, before making up your mind about this card, read the full review below!
by Aline Augusto
Destiny Mastercard® credit card
Like some secured cards, Destiny Mastercard® credit card doesn’t require high credit score for you to be able to hold it. You may qualify even if you had a bankruptcy in the past.
So, it requires from bad to fair score.
Also, it offers easy and quickly pre-qualification on their website, with no impact to your credit score.
But unlike secured credit cards, it does not require security deposit. Besides that, it offers purchasing power and some benefits.
Such as fixed APR, relatively low annual fee when compared to other credit cards, and security features.
|Credit Score||Bad to fair credit|
|Annual Fee||$125 the first year; $49 thereafter|
How does the Destiny Mastercard® credit card work?
Destiny Mastercard® credit card is a good option for people who don’t have great credit score but want to repair credit.
It reports monthly to three national bureaus: Equifax, Experian and TransUnion. That’s how you manage to rise your credit score, by using the card and paying bills on time.
With a modest annual fee, fixed APR and a good foreign transaction fee, you can enjoy purchasing all around the world with a Mastercard card.
However, there is no reward program or welcome bonus for cardholders.
And, even though those fees are modest, they are still a little high when compared to some secured credit cards rates. But, different than those secured cards, Destiny Mastercard® doesn’t require a security deposit.
In addition, it offers zero liability protection and ID theft protection.
Destiny Mastercard® card benefits
As an unsecured credit card, there is no security deposit required. But, like most secured cards, Destiny Mastercard® is a good option for you to repair your credit score.
Moreover, it offers some benefits that most secured cards don’t. Such as, zero liability protection and ID theft protection.
Even though it has annual fee, you can appreciate the Mastercard worldwide acceptance to raise your purchase power. Besides, the 1% foreign transaction fee is lower than the usually 3% most cards have.
Finally, after applying for Destiny Mastercard® card and getting approved, you will receive a $300 credit line.
- Unsecured Credit Card
- No security deposit required
- Bad to fair credit score
- Helps repairing credit score
- Easy and quickly pre-qualification with no impact to credit score
- 1% foreign transaction fee
- Fixed APR
- Credit Bureau Reporting
- Zero Fraud Liability
- ID Theft Protection
- Mastercard Global Service and Attendance
- Competitive fees when compared to other unsecured credit cards
- High interest rate when compared to secured cards
- Annual fee
- No reward program or welcome bonus
How good does your credit score need to be?
If you’re looking for an unsecure credit card, but don’t have a good credit score, you can pre-qualify for Destiny Mastercard® card. Because it requires bad to fair credit score.
How to apply for a Destiny Mastercard® credit card?
So, after reading our Destiny Mastercard® credit card pros and cons on this post, you may be able to decide if it fits for you. Now, it is time to apply for it!
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