Destiny® Mastercard® Review: Guaranteed $1,000 Limit if Approved

What this card offers

This Destiny® Mastercard® offer pairs a guaranteed $1,000 credit limit, if approved, with no security deposit. It is a real, unsecured Mastercard: you can use it at 40 million places that take Mastercard, whether you shop online, in an app or in a store, and Zero Fraud Liability is part of the package. Your account is reported to all three major credit bureaus. More than a million people have already used the Destiny Mastercard to help build access to credit, according to the issuer.

Key benefits

$1,000 from day one. Approved applicants get a guaranteed $1,000 credit limit to build with.
Nothing to put down. The card is unsecured, so no security deposit is required.
All three bureaus. Your payments are reported to all three major credit bureaus.
Widely accepted. Shop at 40 million Mastercard locations, online, in apps and in stores.
Covered against fraud. Zero Fraud Liability comes with the card.

How it works

Read the offer

Open the application on the issuer's secure site and look over the fees and the APR first.

Get a decision

The issuer reviews your application and may pull your credit report before it decides.

Build your history

Once approved, you start with $1,000 to use. Paying on time with a low balance adds positive months to your record.

Want a $1,000 line without a deposit?

Apply on the Issuer’s Site

Rates and fees

Cards built for rebuilding credit cost more than prime cards, and this one is no exception. These numbers come with the offer linked from this page. A different Destiny offer can carry different terms, so compare everything on the issuer's secure site before you apply.

Starting limit	$1,000, guaranteed once approved
Annual fee	$250 in year one; $99 a year after
Monthly fee	$0 in year one; from year two, $19.25 a month ($231 a year)
Purchase APR	About 35.9%; full terms on the issuer's site
Security deposit	None, the card is unsecured
Recommended credit	Fair

Is it right for you?

A good fit if you

Need a starting line to rebuild your credit
Prefer not to lock cash in a deposit
Plan to pay the full balance each month
Care about all-three-bureau reporting

Maybe not if you

Already qualify for a card with lower fees
Want cash back or points on spending
Would struggle with yearly fees this size
Tend to carry a balance from month to month

Your questions, answered

Will I really get $1,000?

Yes, if the issuer approves you; that is the limit this offer sets for every approved applicant. Approval itself is the issuer's decision, and it may check your credit report first.

Is a security deposit needed?

No. The card is unsecured, so you do not put down any money to open it.

How much does the card cost?

Year one carries a $250 annual fee; after that it is $99 a year. From the second year a monthly fee of $19.25 also applies, which comes to $231 a year. Purchases are charged an APR of about 35.9%. The issuer's site has the full terms.

Can it help my credit?

It can. Activity on the card goes to all three major credit bureaus, so paying on time and keeping a low balance build a positive history. Late payments get reported too.

The Destiny® Mastercard® is issued by The Bank of Missouri (tbom) pursuant to a license from Mastercard and serviced by Concora Credit Inc. Applications are subject to issuer review (which may include obtaining your credit report) and approval; to be approved you must meet the issuer's requirements for creditworthiness, ability to pay, and identity verification. This offer may be unique and can only be guaranteed when using the link provided; other offers for this card may feature different terms and conditions. Annual fees, APRs, and credit limits vary by applicant. RateArk compares offers and may earn a fee when you apply through this page; the issuer's terms stay the same either way. This page is an advertisement. Advertiser Disclosure

Destiny® Mastercard®: start rebuilding with a guaranteed $1,000 limit, if approved