Ultra VX Visa Card
issued by New Millennium Bank |
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Overall Rating
Benefit Rating
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Apply online for this card or
read on for a full review of all the features.
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 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 Ultra VX Visa® Card, issued by New Millennium Bank, is a stored value card designed for those who are looking for an above average secured card that also offers a reward program.
Most often, secured credit cards do not have any additional perks or benefits; however, this card does provide a rewards program. Cardholders receive one point per dollar spent on purchases. Points can be redeemed for travel rewards with Southwest Airlines, American Airlines, jetBlue, Marriott, and more.
Although there is no annual fee, there is an account set up fee of $29.95. There is also a monthly participation fee of $6.95 that amounts to $83.40 annually. In total, cardholders can expect to pay $113.35 in fees during their first year.
The most unique feature of the card is the Credit-On-Demand™ option. Credit-On-Demand™ allows cardholders to increase their credit limit up to $25,000. Through the Credit-On-Demand™ feature cardholders are able to determine their credit limit by the amount of funds that are deposited into the cash balance of the account. Funds deposited into the cash balance of the cardholder account can be moved to the secured balance by making a purchase or moving the money to the secured balance. Advance payments can also be funded directly from the cardholder's paycheck or cardholders can load the card in person at 100,000 retail transfers.
Therefore, those who are looking for an above average secured card that also offers a reward program and would like a card with limited fees may find the Ultra VX Visa® Card to be a beneficial option.
Most Attractive Feature: Access to reward program; access to credit on demand; no annual fee.
Least Attractive Feature: Application fee; monthly maintenance fee.
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Note: The review of this New Millennium Bank card was updated on 04/01/2009 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
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| Key Card Information |
| Miscellaneous Rates and Terms |
| Credit Limits: | $25,000 (Maximum) / $10 (Minimum) |
| Purchases APR: | 14.9% | | Cash Advance APR: | 14.9% | | Finance Config: | Average Daily Balance (including new purchases) | | Grace Period: | 25 Days (Min.) | | Fees Associated with this Card |
| Annual Fee: | $0 |
| Add. Cardholders: | $0 |
| Late Payment Fee: | $25 |
| Over-the-Limit Fee: | $25 | | Cash Advance Fee: | $2 for ATM transactions; $5 for international ATM transactions |
| The Rewards Program Highlights |
| Optional Reward: | No |
| Optional Reward Annual Fee: | $0 |
| Points Per Dollar: | 1 Point |
| | Points can be redeemed for travel rewards with Southwest Airlines, American Airlines, jetBlue, Marriott, and more. |
| Additional Highlights of Interest |
Special Card Benefits and Features
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Various Internet account related services.
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Access to electronic bill payment.
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Access to Clear Rewards.
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See website for additional benefits.
Important Notes Regarding This Offer
No credit verifications.
No minimum income.
No bank account required.
Reports to all three major credit bureaus.
See website for complete terms and conditions of card usage and application disclosure. |
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