First Option Visa® Card 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 First Option Visa® Card, issued by New Millennium Bank, is a secured card designed for people who have no credit history or who have had problems with credit in the past. This secured card establishes an interest yielding collateral savings account on behalf of the cardholder. Each deposit is funded by the cardholder and is applied to the credit limit, which can be as much as $5,000. Currently, the savings account earns an APR of 3% (6% for the first three months, 2% for the next nine months). Because the savings account serves as collateral for the secured card, cardholders will not be able to withdraw money from the account. The card has a fixed APR for both purchases and cash advances. The interest rate is considered high, even for a secured card. There is a $59 annual fee, in addition to an initial $99.95 processing fee that will be drafted once the cardholders identification is verified. There are no monthly activity fees for this card. If you are not approved for this card, the processing fee will be refunded. The First Option Visa® Card is a great option for people who need to establish credit history with the three major credit bureaus and who want to earn a generous interest rate on their deposits while doing so. Most Attractive Feature: Deposits earn interest; guaranteed approval; no credit check. Least Attractive Feature: No introductory offers; no grace period. Apply Now For First Option Visa® Card 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

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:	n/a
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 See website for additional benefits. Important Notes Regarding This Offer See website for complete terms and conditions of card usage and application disclosure.