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The Milestone® Mastercard® is an unsecured credit card designed for people with poor or limited credit who cannot qualify for mainstream cards. It is issued by The Bank of Missouri and serviced by Concora Credit — the same company behind the Indigo card. No security deposit is required, but you will pay for that convenience with a high annual fee ($175 the first year; $49 thereafter) and one of the steepest APRs in the subprime card market. The credit limit is $700.
Milestone Credit Card Fees and APR
The Milestone card's fee structure is one of the most important things to understand before applying. The annual fee is $175 the first year and $49 thereafter. There is also a monthly fee of $0 for the first year, then $150 annually thereafter (billed $12.50 each month). The purchase APR is 35.90% fixed — one of the highest APRs in the subprime card market. Here is the full fee breakdown:
Milestone and Indigo (also a Concora Credit card) now share the same 35.90% fixed APR. The key difference is fees — Indigo's first-year annual fee is $250 vs. Milestone's $175, while Milestone's $700 credit limit is lower than Indigo's $1,000.
What Is the Highest Credit Limit for Milestone?
The Milestone card has a credit limit of $700. After the annual fee is charged to your card, your usable credit drops — a $700 limit with a $175 annual fee leaves you with $525 of available credit in the first year.
There is no formal automatic credit limit increase program. If you want a higher limit, you will need to call Concora Credit customer service and request a review. Some cardholders report getting small increases after 6–12 months of on-time payments, but it is not guaranteed.
Who Can Qualify for the Milestone Card?
The Milestone card is designed for applicants with poor to fair credit — generally FICO scores in the 300–669 range. There is no published minimum credit score requirement, but the card is specifically marketed to people who have been declined by other issuers. Concora Credit uses its own underwriting criteria beyond just the credit score, including income and credit history length.
Is the Milestone Credit Card Legit?
Yes, the Milestone® Mastercard® is a legitimate credit card. It is issued by The Bank of Missouri, an FDIC-insured bank, and serviced by Concora Credit (formerly Genesis Financial Solutions). Concora Credit is registered with the Better Business Bureau and has been operating in the subprime credit card space for over 20 years. The card is a real Mastercard accepted anywhere Mastercard is accepted worldwide.
Reddit threads questioning whether Milestone is "safe" or "legit" are common — but the concerns are about the high fees and aggressive marketing tactics, not about the card being fraudulent. The CFPB (Consumer Financial Protection Bureau) does list complaints related to Concora Credit products, primarily around billing disputes, customer service, and fee transparency. These are operational complaints, not indicators of a scam.
Compare
The Milestone card competes directly with other subprime unsecured cards. Here's how it stacks up:
Milestone vs. Indigo® Mastercard®: Both are serviced by Concora Credit and share a similar structure. Both now carry the same 35.90% fixed APR. The key differences come down to fees and credit limit: Indigo has a higher annual fee ($250 first year / $99 after) plus a $19.25 monthly fee starting in year two, while Milestone has a lower annual fee ($175 first year / $49 after) and a smaller credit limit of $700 vs. Indigo's $1,000. If keeping total out-of-pocket costs low is the priority, Milestone is the cheaper option — but Indigo gives you more spending room.
Milestone vs. Capital One Platinum: The Capital One Platinum has no annual fee, offers automatic credit line reviews after 6 months, and has a lower APR. If you can get approved for the Capital One Platinum, it's the better card in every way. However, Capital One has slightly higher approval standards, making Milestone a fallback option for those who don't qualify.
How to Apply for the Milestone Card
Applying for the Milestone card follows the same process as other Concora Credit cards:
- Apply online: Visit milestonegoldcard.com and enter your information to apply.
- Review your offer: See your specific annual fee, credit limit ($700), and terms before committing.
- Complete the application: Accept the offer and provide full details. This triggers a hard inquiry. Approval is typically instant.
Customer Support and Contact Information
Milestone card accounts are managed through Concora Credit. You can access your account online at concoracredit.myfinanceservice.com or call customer service at 1-866-453-2636. To request a PIN for your Milestone card, call the number on the back of your card or log in to your Concora Credit account. The Milestone card website (milestonegoldcard.com/contact) also provides contact details and FAQs.
Frequently Asked Questions
Pros
No security deposit required: Unlike secured cards, you don't need to put down cash upfront to open an account.
Reports to all 3 bureaus: Payment history is sent to Equifax, Experian, and TransUnion monthly, helping you build credit with on-time payments.
Accepts poor credit applicants: Designed for people with credit scores as low as 300 who have been turned down by mainstream issuers.
Cons
High annual fee ($175 first year; $49 thereafter): The fee is charged to your card immediately, eating into your $700 credit limit with no rewards to offset the cost.
Very high APR (35.90% fixed): One of the highest APRs in the subprime card market — carrying a balance is extremely expensive.
Credit limit is $700: Starting limit is $700. After the annual fee, your usable credit is lower. There is no guaranteed automatic increase program.
No rewards program: No cash back, points, or miles on any purchases — nothing to help offset the annual fee.