New Millenium secured VISA & MC

[sonogirl]

 New Millenium secured Visa & MC Anyone ever had them before? I just sent off the apps for both and they say they don't do a hard pull and everyone is approved for secured cards. Sounds good right 2 new TL'S with no inq's? I have very little inq's and would like to keep it that way until scores are up and I can app for some unsecured cards. I've been salivating over hooters can't wait for the day my TU gets to 600 so I can app for that.

[Red1Blue]

Hi Sonogirl, I have NMB card. They will approve you. But the catch there is no grace period for purchases. So you start accumulating the interest from the day you make a charge on your account. I have put $2k into security deposit and got card for $2k CL. I hardly use the card as it costs me money every time I use the card. Some times I pay ahead on the card and then use the charge card so I dont have to pay interest. Since you have already sent out the application, keep in mind when you use the card that it will cost you money right away.

[sonogirl]

ThanKs Concord, it was sort of a last resort my scores are very low and I only have a target store card so I needed something pretty easy to get. Maybe I will charge like a pack of gum to each card once a month interest on $1.09 shouldn't be that bad LOL

[Red1Blue]

If you are really looking to add a card that badly consider looking at BankOne Card. You might be able to get an unsecured card from them. I got their card even before I got my NMB card. My scores might have been around 500-550 that time. I am not sure as I have not checked my scores at that time. They charge $5.95/month as annual fee comparing to $59/year NMB Charges. They also give 25 day grace. They give CLI of $100-$200 every 6 months. That is the first card I got when I started pulling my self out of the slump I was in. If you pay the payment every month on time, they are good card to have. Beleive it or not, even though I have BOA/FNB Omaha card today I have used my BankOne card.

[sonogirl]

Concord, could you give me the website for bank one I tried bankone.com and got chase are they the same?

[Anonymous]

bankone and chase are one in the same now-

---

sonogirl wrote:

Concord, could you give me the website for bank one I tried bankone.com and got chase are they the same?

---

[Red1Blue]

I am sorry sonogirl. I meant CreditOne Bank.

[Red1Blue]

Here is the link for CreditOne Bank.

http://www.creditonebank.com/credit-cards/

[Anonymous]

If you decide to go with creditone- make sure you have online bill pay from your bank-

Otherwise it can be difficult to pay on time or pay a fee to pay from their website.

[Red1Blue]

I agree with Timothy. It is advisable to have online billpay so you can send the payments online. If you try to pay it by phone they charge you a fees. You could mail the payment, I never had any problem. But some people say they have been late in posting the payments. Use your best judgement, I personally have been happy and never had any problem with them in the last 2 years I had the card with them.