New Millennium Bank Secured Gold Visa / MasterCard issued by New Millennium Bank
	Overall Rating Benefit Rating	Apply online for this card or read on for a full review of all the features.

In-Depth Credit Card Review

This online card application is intended for residents of the United States only. For other country options, please refer to the right hand menu bar. The New Millennium Bank Secured Gold Visa® / MasterCard®, issued by New Millennium Bank, is designed for those with limited or poor credit who may have difficulty in obtaining a standard unsecured credit card. Most often, secured credit cards do not have any additional perks or benefits; however, this card does provide several benefits including auto rental insurance, up to $100,000 in travel accident insurance, and an extended warranty for purchases. Although the APR that is applied to purchases is above average for a secured card, this card does apply interest to the deposit amount required to secure the account, which is a nice benefit. This card also has a no credit check and no turn-down 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 ($99.95 if the applicant would like to be issued both a Visa® and a MasterCard®). It is important to note that a major drawback of the card is that there is no grace period for purchases. This means that interest will be applied immediately to any charges made with the card. Therefore, those who do not mind accumulating finance charges once a transaction is posted and can afford the $300 minimum deposit will benefit most from what the New Millennium Bank Secured Gold Visa® / MasterCard® has to offer. Most Attractive Feature: No credit check for new applicants; guaranteed approval. Least Attractive Feature: No grace period; annual fee. Apply Now For New Millennium Bank Secured Gold Visa / MasterCard Note: The review of this New Millennium Bank card was updated on 04/22/2008 and is believed to be accurate during the update, however, information posted may have since changed. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application

Key Card Information
Miscellaneous Rates and Terms
Credit Limits:	$5,000** (Maximum) / $300 (Minimum)
Purchases APR:	19.5%
Cash Advance APR:	19.5%
Finance Config:	Average Daily Balance (including new purchases)
Grace Period:	None
Fees Associated with this Card
Annual Fee:	$59
Add. Cardholders:	$12.95
Late Payment Fee:	$20
Over-the-Limit Fee:	$20
Cash Advance Fee:	2%, $1 minimum, $20 maximum

Additional Highlights of Interest

Special Card Benefits and Features Up to $100,000 in travel accident insurance. Emergency cash replacement. Auto rental insurance. Extended warranty for purchases. See website for additional benefits. Important Notes Regarding This Offer No credit check or turndowns. Reports to all three major credit bureaus. No employment verifications. **The maximum credit and deposit limits of $10,000 are based on the applicant's approval for both the Visa® and the MasterCard®, otherwise the maximum credit and deposit limits are $5,000 per card. ***The application fee is $69.95 for a Visa® or a MasterCard® account; the fee is $99.95 for both a Visa® and a MasterCard® account. See website for complete terms and conditions of card usage and application disclosure.