Destiny Mastercard: a guaranteed $1,000 limit if approved

An unsecured Mastercard for people building or rebuilding credit. If the issuer approves you, your limit is $1,000 from the first statement, with no security deposit.

Guaranteed $1,000 credit limit, if approved
No security deposit required
Reports to all three credit bureaus
Accepted at 40 million locations online, in app and in store

Apply Nowon the issuer's secure site

The Destiny Mastercard $1,000 offer answers the question most starter cards leave open: how much credit will I actually get? If approved, the answer is $1,000, fixed in advance, with nothing to put down. That certainty is the draw. The cost is the catch, and this review puts the two side by side so you can decide with both in view.

Credit limit$1,000 if approved

Security depositNone

Annual fee$250, then $99

Purchase APRAround 35.9%

Our verdict

This is a credit-building card before anything else. It gives someone with a thin or bruised file a real Mastercard, accepted at 40 million locations online, in app and in store, with Zero Fraud Liability and reporting to all three major credit bureaus. The issuer says over a million consumers have used the Destiny Mastercard to help build access to credit. What sets this offer apart from the usual starter card is the limit: if you are approved, it is $1,000, not a small line you have to grow into.

Then there is the price. The annual fee is $250 in the first year and $99 each year after. There is no monthly fee in year one, but from the second year a further $231 a year is billed as $19.25 a month, and the purchase APR sits around 35.9%. Our honest take: use the card for a few small purchases, pay the statement in full every month, and treat it as a stepping stone rather than a place to carry a balance. This offer may be unique and can only be guaranteed when using the link on this page; other offers for the same card may carry different terms.

How it works

Apply on the issuer's site The Apply Now button opens the issuer's secure application. It asks for the usual identity and income details and takes a few minutes.
Wait for the decision Applications are subject to issuer review, which may include obtaining your credit report. Approval is the issuer's call and not everyone who applies will get the card.
Spend small and pay in full If approved, your limit is $1,000 with no deposit. Keep the balance low and pay by the due date, and that record is reported to all three bureaus each month.

Rates and fees

Credit limit	$1,000, guaranteed if approved
Annual fee	$250 in the first year, $99 each year after
Monthly fee	$0 the first year (billed $0 each month); $231 annually thereafter (billed $19.25 each month)
Purchase APR	Around 35.9% (see terms)
Security deposit	None (unsecured)

The issuer sets the pricing and it can change from one offer to the next. Annual fees, APRs, and credit limits vary by applicant, and the terms tied to this page's link may not match other offers for the same card. Read the complete terms on the issuer's site before you apply.

Who it is for

A good fit if you

You want a known starting limit of $1,000 rather than a small line that may grow later
You would rather not tie up money in a security deposit
You want on-time payments reported to all three bureaus
You can pay the statement in full and treat the fees as the cost of the limit

Maybe not if you

You already qualify for a low-fee card from a mainstream issuer
You want rewards or cash back on your spending
You want to avoid annual fees altogether
You expect to carry a balance at a high APR

Apply on the Issuer's Site

on the issuer's secure site

Destiny Mastercard, answered

Is the $1,000 limit really guaranteed?

If the issuer approves you, your credit limit is $1,000. Approval itself is not guaranteed: the issuer reviews every application and may pull your credit report.

Is there a security deposit?

No. This is an unsecured card, so there is no money to put down.

What does it cost?

A $250 annual fee in the first year and $99 each year after. From year two a further $231 a year is billed as $19.25 a month. The purchase APR is around 35.9%. Read the full terms on the issuer's site before you apply.

Will it help my credit?

It can. The card reports to all three major credit bureaus, so paying on time each month and keeping the balance low builds a positive payment history. Late payments are 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.

AdvancePointly is a free loan-request and comparison referral service, not a lender, card issuer, or insurer. We may be compensated when you apply through links on this page, and that compensation never changes the terms you are offered. This is an advertisement.

A $1,000 limit you can plan around

If approved, the credit limit is $1,000 with no security deposit, and the card reports to all three bureaus. The application takes a few minutes on the issuer's secure site.

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