Issued by New Millennium Bank, the Onyx Visa Credit Card is a Premium New Black Card, designed for those with bad credit who would like have a real credit card that reports to all credit Bureaus, and plan to take advantage of unique benefit offers including free Ipod and free 2 Airline Tickets.
|Issuer:||New Millennium Bank|
|Card Category:||Consumer (Secured)|
|Card Type:||- Card for Bad Credit
- Instant Decision Card
|Credit Needed:||Bad Credit OK*|
|Prepared by MarketProSecure™. Opinions expressed therein are solely those of the reviewer.
The Onyx Visa card, with a credit limit of $300.00 to $5,000.00, is a real credit card which requires to make on-time monthly payments to ensure that your account remains in good standing.
Even if you have no credit, or your credit history is less than perfect, you can be approved for a Onyx Visa fully secured card when you meet general guidelines:
a) you must be of legal age in the state of your residence
b) you must reside in the United States
c) you must have a valid social security number
Once you are approved, you are guaranteed a credit limit equal to 100% of your deposit immediately. The minimum deposit required is $300, with a maximum deposit of $5,000.
Even more, your savings account earns interest at a rate of 6.0% interest for the first three months, then 2.0% interest for the next nine months, for a 3.0% Annual Percentage Yield (APY). After the first twelve months your account earns 2.0% APY.
|Most attractive features:||- Free Airline Tickets
- Free Long Distance Service
- Platinum membership
- Reports to all credit Bureaus
- *Guaranteed approval card
|Least attractive features:||- Slightly high APR for purchases
- Annual membership fee
|Other Benefits:||- Reports to TransUnion, Equifax, and Experian
- Two Free Airline tickets with Resort stay
- Free long Distance Service
- Free Ipod after 3 month membership
- Discount Savings program membership
- High APY on savings
|Online Card Account Access:|
|Introductory APR (%):||N/A*|
|Regular APR (%):||19.50%*|
|Grace Period:||0 days*|
|Minimum Finance Charge:||$0.50*|
|Minimum Credit Line:||$300*|
|Maximum Credit Line:||$5,000*|
|Late Payment Fee:||$20.00*|
|Over Limit Fee:||$20.00*|
|Additional Fees||Co-Applicant fee: $12.95|
|View Other New Millennium Bank Cards|
|View Other VISA Cards|
|View Other All Debit and Credit Cards|
|View Other Consumer Cards|
|View Other Credit Reporting Cards|
|View Other Secured Cards|
|View Other Cards for Bad Credit|
|View Other Instant Decision Cards|
* The information provided for Onyx The New Black Visa Credit Card is believed to be accurate at the time of evaluation (Sep 7, 2012). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.
Security Note: Online application features Secure SSL Technology.