Today we are going to talk about the Destiny credit card. There are many credit cards available on the market right now and it can be confusing to decide one among all the other options in the market.
There is an uncommon fact about this credit card and that is thought it has some credit-related benefits but it is more expensive than any other credit card for bad credit. So let’s find out more about this credit card of Destiny.
What Is Destiny Credit Card?
First thing first, you need to know what this credit card is. This credit card is not secured and it is for those who have a bad minimum credit. Those applicants who are potential were directly prompted to prequalify to see if they got approved or not for this credit card.
After you are qualified for the card, this credit card will report all the transactions you made from this credit card to all 3 main credit bureaus. There are many mixed Destiny credit card reviews found in the market.
Destiny Credit Card Login
If you want to have online access to your credit card then you just have to follow the easy Destiny credit card login process. All you have to do is go to the official account of this credit card and then log into your account by entering your username and password then login to your account and that’s it.
Extra Tip For You
Genesis Financial Solutions has a plan to target those who have bad credit and Destiny’s credit card is not the only card there. There are also Indigo cards and Milestone credit cards. All these credit cards share the exact value proposition and in return, they only ask for an amount of fees. You can get all this information on the Destiny credit card app.
5 Things You Need To About Destiny Credit Card
There are both good and bad Destiny credit card reviews available on the internet. Here we are going to discuss some facts that you might need to know about this credit card before getting one.
Versions Of Destiny Card
There are around 12 iterations of this credit card that have different types of credit limits and fees. Identification of all those cards has numbers in the 200 but you can pre-qualify online for only 2 cards and those are 209 and 201. You will find all this information on the Destiny credit card app.
All the other credit cards are only available by direct offers. Now let’s talk about the basic difference between these two versions of credit cards and that is the annual fee of those cards. When it comes to the 209 card the annual fee is 59 dollars and for the 201 version credit card, the annual fee is around 99 dollars.
Fees Of Destiny Card
It is a very common factor to find annual fees on credit cards that are not secured and all the value of this credit card is going to charge an annual fee for them. But unfortunately, that is not the worst part the worst part is that other over-limit charges make all versions of this even more expensive for anyone to maintain.
For every version of this credit card, the annual fee charge can be around 29 dollars to 41 dollars. These are all the fees of Destiny’s credit card.
Credit Limits Of Destiny Card
The base credit limit on any of the Fate charge cards is $300, a genuinely modest quantity that is trimmed somewhere near the yearly expense. Let’s assume you have a card with a $300 credit limit and a $75 yearly charge. Before you’ve made a solitary buy, your credit limit is now diminished to $225 until you take care of the yearly expense.
If you want to know Destiny credit card review then you have to know that your purchasing power and credit utilization ratio, which is the proportion of your available credit that you use, both suffer as a result of this. In general, the lower your credit utilization, the better; however, in this instance, you are already using 25% of your credit line.
Rewards Of Destiny Card
A targeted offering for the Destiny Mastercard with Cashback Rewards may be sent to some individuals. This card offers unlimited 1.5% cash back on all purchases, and rewards can be used as a credit to your statement automatically. A cash-back rate of 1.5% is acceptable, especially for credit cards with poor credit.
But since all of the Predetermination cards charge a yearly expense, you’ll need to procure a specific measure of remunerations to make back the initial investment. For instance, to receive $35 in cash back, you would need to make approximately $2,333 in annual expenditures with a $35 annual fee card. That could be a difficult task with a $300 credit limit.
The Capital One Quicksilver Secured Cash Rewards Credit Card, which has no annual fee, might be a better choice. It earns the same 1.5% reward rate, and the initial deposit is refundable once more. For all these reasons Destiny credit card reviews are so popular.
Other Facts Of Destiny Card
There are some positive aspects to the Destiny credit card, so it’s not all bad news. It’s a generally simple card to fit the bill for with restricted or terrible credit or even an earlier liquidation. You can find out which Destiny credit cards are available to you by completing a pre-qualification application if you are unsure of your chances of approval.
Before you apply for the card, you will learn about the annual fee, APR, and other terms during the pre-qualification process. Your credit scores will not be affected by pre-qualification; However, submitting a formal application will result in a rigorous inquiry, which may temporarily lower your scores.
Conclusion
This article starts with a question that asks what is the Destiny credit card and we tried our best to provide you with all the related information about this credit card that you need to know. This article covers all the related angles of this topic.
To wrap it up it can be said that although there are many options available for a credit card beautiful you have bad credit then you should definitely go for it.
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