Update 2012 – The New Millennium Bank secured credit card is no longer available.
If you’re in the market for a secured credit card that also reports to the three credit card bureau’s – which is the quickest way of establishing or building credit – then you may want to take a peak at the Capital One® Secured Mastercard®. This is our favorite card for rebuilding/establishing credit.
- New Millennium Secured Card Offer from Archive -
New Millennium Bank, based out of New Brunswick, New Jersey, offer a number of secured credit cards for those wishing to establish or repair their credit. Like the Public Savings Bank credit card, they report to the three major credit bureaus which allows this rebuilding/establishing of credit.
The New Millennium Bank Secured Visa/MasterCard is widely considered one of the better secured card offers on the market due to it’s reward structure, reasonable APR, and approval rate.
New Millennium Bank Platinum Card Facts:
- Reports to ALL 3 Bureaus
- No Credit Check
- Be Approved Regardless of Credit History
- Special High Introductory Savings Rate
- Bonus $3,000 credit line with My Computer Club
Reward Opportunities with New Millennium Bank Secured Platinum Visa/MasterCard:
After receiving your processing fee, New Millennium Bank will send you instructions via email on how to redeem a Free Companion Airfare, which you can use to travel with a travel companion to most major US cities when purchased with one adult round trip airfare.
In addition, you will also be enrolled in “My Computer Club,” which allows a bonus credit line of $3,000.
Getting Approved for New Millennium Bank Platinum Visa/MasterCard:
Their approval ratings are extremely high since they are issuing secured credit cards backed by up to $10,000. As long as you meet the minimum requirements for approval – being at least 18 years of age, have a verifiable social security number, and a verifiable address – you’ll likely be approved.