Destiny Mastercard: Seize Your $700 Credit Instantly!

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Key takeaways

The Destiny Mastercard offers an initial $700 credit limit, providing instant purchasing power without the need for a security deposit.
This card helps build or rebuild credit by reporting monthly to all three major credit bureaus.
Cardholders enjoy 24/7 online account access and $0 Fraud Liability for added convenience and security.

If you have poor to fair credit and want an unsecured credit card, we have one for you! The Destiny Mastercard is perfect for anyone looking to build or rebuild their credit. This card is accessible and convenient, offering 24/7 online account access to monitor your spending and manage your payments. With a credit limit of up to $700, it provides the flexibility you need without the burden of a security deposit. Plus, you can enjoy the peace of mind of knowing that your credit score can improve with responsible use. Interested?

Read on to learn more about why the Destiny Mastercard may be the ideal choice for you.

What we like about Destiny Mastercard

All credit scores welcome

The Destiny Mastercard is the perfect card for individuals with poor to fair credit. This card is designed to be accessible to those who might have struggled with their credit in the past, including individuals who have faced prior bankruptcy.

Destiny understands the challenges of building or rebuilding credit and has created a card that makes this process more manageable. With the Destiny Mastercard, you can start taking steps toward improving your credit score without the need for a security deposit.

The application process is straightforward, and you have a real chance of being approved even if your credit history isn’t perfect. By using the card responsibly, you can demonstrate good financial habits and gradually enhance your credit profile. This makes the Destiny Mastercard an excellent option for those committed to improving their financial future.

Get a $700 credit limit!

The Destiny Mastercard offers an initial credit limit of up to $700, which is notably high for an unsecured card catering to individuals with poor to fair credit scores. This generous credit limit provides cardholders with a moderate amount of purchasing power, allowing them to manage their finances more effectively. With this limit, you can handle essential expenses, make larger purchases, or even cover emergency costs without feeling constrained.

Additionally, having a higher credit limit can positively impact your credit utilization ratio. Your credit utilization ratio is how much of your available credit you’re using. This is a key factor in calculating your credit score. Experts recommend only using 30% of your limit. A higher limit gives you more flexibility and makes it easier to have a good utilization ratio and, therefore, improve your credit score.

Build credit

A significant advantage of the Destiny Mastercard is its ability to help users build or rebuild their credit. The card reports monthly payments to all three major credit bureaus: TransUnion, Equifax, and Experian. This regular reporting is crucial because it allows these bureaus to track your credit activity and evaluate your creditworthiness over time. Your score will not improve without credit reporting.

To see positive changes in your credit score, it’s essential to use your card responsibly. Pay your bills on time and in full every month, and avoid using more than 30% of your credit limit. By doing so, you’ll demonstrate good financial habits, which the credit bureaus will notice, leading to an improved credit score.

Pro tip: Use your card wisely. Make on-time payments and keep your balances low to ensure your credit score starts climbing. With consistent, responsible use of the Destiny Mastercard, you can steadily enhance your credit profile, opening doors to better financial opportunities in the future.

Easily prequalify and apply

The Destiny Mastercard allows you to prequalify instantly before you apply. The prequalification process involves only a soft credit check, which means it won’t negatively impact your credit score. Being prequalified does not guarantee you’ll be approved, but it lets you know if you meet the basic criteria.

Great Card to Build or Rebuild Credit!

“Destiny is a great card! Yes, the interest rate is high, but not as high as many. The website makes keeping up with spending easy and payments are a breeze! I highly recommend this card!” Credit Karma Review

Knowing whether or not you have a good chance of approval without affecting your credit is a significant benefit. Once you prequalify, you can proceed with the full application, which is quick and straightforward. You’ll receive the results of your application in 60 seconds or less, providing immediate clarity on your approval status. If approved, you can expect to receive your new Destiny Mastercard within 14 business days.

Enjoy Mastercard’s universal appeal

The Destiny Mastercard comes with all the benefits and universal acceptance associated with the Mastercard network, making it a versatile choice for your financial needs. As a widely accepted payment method, you can use your Destiny Mastercard for purchases and transactions at millions of locations around the world. Whether you prefer shopping online, in-store, or through mobile apps, this card provides you with the convenience and flexibility to fit your lifestyle. From everyday expenses like groceries and gas to special purchases and travel bookings, the Destiny Mastercard ensures you have a reliable payment option wherever you go.

Additionally, Mastercard’s global reach offers added security and peace of mind, knowing that your card is backed by a trusted and reputable network. This universal acceptance makes the Destiny Mastercard an excellent choice for anyone looking to manage their finances with ease and flexibility.

Get $0 Fraud Liability

The Destiny Mastercard provides robust protection with its $0 Fraud Liability feature, ensuring you are not held responsible for unauthorized charges. If your card is lost, stolen, or used fraudulently, you can rest assured that you won’t have to bear the financial burden of those transactions. This important benefit allows you to use your card with confidence, knowing that your financial security is safeguarded.

Mastercard’s $0 Fraud Liability policy offers peace of mind, as it promptly addresses any suspicious activity on your account. In the unfortunate event of card loss or theft, you can quickly report it and receive assistance in resolving the issue without incurring costs. Be sure to report any suspicious activity promptly, as it helps the issuer resolve the problem faster without any harm to you.

This level of protection makes the Destiny Mastercard a reliable choice for managing your finances, providing you with the security and reassurance needed in today’s digital age. Enjoy the peace of mind that comes with knowing your card and finances are protected by Mastercard’s trusted fraud prevention measures.

Safeguard your identity

Another advantage of the Destiny Mastercard is the inclusion of Mastercard ID Theft Protection. One of the standout features of the Destiny Mastercard is the inclusion of Mastercard ID Theft Protection. This comprehensive service is designed to safeguard your personal information against the ever-present threat of identity theft. With proactive monitoring, the service continuously scans for suspicious activity related to your identity, ensuring that any potential threats are detected early. You’ll receive timely alerts if any unusual activity is identified, allowing you to take immediate action to protect your financial well-being.

In the unfortunate event that your identity is compromised, Mastercard ID Theft Protection provides expert assistance to help you navigate the recovery process. This includes support for restoring your identity and resolving fraudulent charges, giving you peace of mind. With the Destiny Mastercard, you can feel confident that your personal information is being actively protected, allowing you to focus on your financial goals without the constant worry of identity theft.

What to watch out for with Destiny Mastercard

The cost of convenience: Fees

The Destiny Mastercard, while offering numerous benefits, does come with certain fees that cardholders should be aware of. These include an annual fee and a late payment fee.

The annual fee is a cost associated with the privilege of building or rebuilding your credit with the Destiny Mastercard. This fee is competitively set at $75 for the first year and increases to $99 for each subsequent year. This is a reasonable charge considering the card’s benefits, such as credit building and fraud protection. It is also a very common fee for cards aimed at applicants with poor credit.

Additionally, there is a late payment fee that you will incur if you miss a due date. Although no one plans to miss a payment, it is crucial to be aware of this fee to avoid unnecessary charges. To steer clear of late payment fees, consider setting up automatic payments or reminders to help you stay on track with your payment schedule. Making timely payments not only helps you avoid extra costs but also positively impacts your credit score, aiding in your financial journey.

Competitive APR

The Destiny Mastercard features a competitive APR (annual percentage rate), currently set at a fixed rate of 24.90%. This fixed rate provides cardholders with stability and predictability, a significant advantage for those who prefer to have a clear understanding of their interest costs. Knowing exactly what your interest rate will be each month allows for better financial planning and budgeting.

It’s important to note, however, that while this APR is competitive within the market for credit-building cards, it is higher compared to cards available to individuals with good to excellent credit. For those working to rebuild or establish their credit, this trade-off can be worthwhile. By focusing on making timely payments and, whenever possible, paying off the balance in full each month, cardholders can effectively manage their interest costs. This disciplined approach not only helps in keeping expenses down but also contributes positively to improving your credit score over time.

Navigating foreign transaction fees

When planning to use your Destiny Mastercard overseas or for purchases from foreign online retailers, it’s essential to understand the foreign transaction fees associated with the card. The Destiny Mastercard charges a fee of 1% on each transaction made outside of the United States. This additional expense is relatively standard across credit cards. All cards – except most travel rewards cards – charge a fee for the convenience and security of using your card internationally.

To navigate these fees effectively, be mindful of your spending habits abroad and plan your budget accordingly. This way, you can factor the foreign transaction fee into your overall expenses and avoid unexpected surprises on your statement.

Additionally, consider using your card for larger, necessary purchases while traveling, and use cash for smaller, everyday expenses to minimize the impact of these fees. By staying informed and planning ahead, you can enjoy your international transactions with peace of mind.

Bottom line

The Destiny Mastercard is a good opportunity for individuals with poor to fair credit to rebuild their credit history through responsible card usage. As an unsecured card, it eliminates the need for a security deposit, allowing you to get started without the requirement of significant savings. With an initial credit limit of $700, this card provides a substantial amount of purchasing power, making it easier to manage everyday expenses while working on your credit score. The card’s monthly reporting to all three major credit bureaus—TransUnion, Equifax, and Experian—ensures that your positive payment history is recorded, aiding in the improvement of your credit profile.

Additionally, 24/7 online access to your account makes it convenient to monitor your spending and payments at any time. If you need to improve your credit, consider checking if you prequalify for the Destiny Mastercard. With its range of features and benefits, it might just be the card you’ve been searching for to help you on your journey toward better credit.

1. Paycheck Advance is For eligible customers only. Your actual available Paycheck Advance amount will be displayed to you in the mobile app and may change from time to time. Conditions and eligibility may vary and are subject to change at any time, at the sole discretion of Finco Advance LLC, which offers this optional feature. Finco Advance LLC is a financial technology company, not a bank. Expedited disbursement of your Paycheck Advance is an optional feature that is subject to an Instant Access Fee and may not be available to all users. Expedited disbursements may take up to an hour. For more information, please refer to Paycheck Advance Terms and Conditions.

2. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. The Current Visa® Debit Card is issued by Choice Financial Group pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. The Current Visa® secured charge card is issued by Cross River Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required.

3. Individual results may vary. Using your credit card responsibly may allow you to improve your credit score. Credit building depends on various factors, including your payment history, credit utilization, length of credit history, and other financial activities.

4. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.

5. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. Funds held in Savings Pods are FDIC-insured on a pass-through basis up to $250,000 at our partner bank Choice Financial Group, member FDIC

6. Actual overdraft amount may vary and is subject to change at any time, at Current’s sole discretion. In order to qualify and enroll in the Fee-Free Overdraft feature, you must receive $500 or more in Qualifying Deposits into your Current Account over the preceding 30-day period. For more information, please refer to Fee-free Overdraft Terms and Conditions.

7. You may earn Points in connection with your everyday spending and by completing other actions that Current designates as subject to the Current Points Program. The amount of Points granted for different actions as well as the purchase requirements necessary to earn Points will vary, and is subject to Current’s sole discretion. After qualifying, please allow 3-5 business days for points to post to your Current account. The Current Points program is not available to Teen Account holders. See Current Points Terms and Conditions.

8. Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.

9. Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. The Boost rate on Savings Pods is variable and may change at any time. The disclosed rate is effective as of August 1, 2023. Must have $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. A qualifying direct deposit of $200 or more is required for 4.00%. No minimum balance required. For more information, please refer to Current Boost Terms and Conditions.

10. Cryptocurrency services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC, and may not be available in all states. Terms and conditions apply. When you buy or sell cryptocurrency, a difference between the current market price and the price you buy or sell that asset for is called a spread. However, unlike most other exchanges Current does not charge an additional trading fee. Cryptocurrency transactions are a form of investment, and all investments are subject to investment risks, including possible loss of the principal amount invested. Cryptocurrency is not insured by the FDIC or any other government-backed or third-party insurance. Your purchase of cryptocurrency is not a deposit or other obligation of, or guaranteed by, Choice Financial Group or Cross River Bank. The cryptocurrency assets in your Zero Hash account are not held at Current, Choice Financial Group, or Cross River Bank. Current, Choice Financial Group, and Cross River Bank are not responsible for the cryptocurrency assets held in any Zero Hash account. Neither Current, Choice, nor Cross River Bank is involved in the purchase, sale, exchange of fiat funds for cryptocurrency, or custody of the cryptocurrencies. Terms and Conditions apply (platform and user agreements). Crypto on Current is not currently available in HI. Licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. This does not constitute investment advice.

11. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. Your money is FDIC-insured on a pass-through basis up to $250,000 at each of our partner banks, Choice Financial Group and Cross River Bank, members FDIC.

12. Average value based on Fine Hotels + Resorts bookings in 2023 for stays of two nights. Benefits include daily breakfast for two, room upgrade upon arrival when available, $100 amenity, guaranteed 4PM late checkout, and noon check-in when available. Certain room categories not eligible for upgrade. $100 amenity varies by property. Actual value will vary based on property, room rate, upgrade availability, and use of benefits.

13. Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

14. The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

15. Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one- way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

16. Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.

17. Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions, and limits of liability of this benefit. The maximum liability is $800, per claim, per Eligible Card Account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Eligible Card Account per 12 month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

18. When an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty§ can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

19. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited to up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

20. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

21. The secured Chime Credit Builder Visa® Card is issued by Stride Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.

22. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

23. The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of September 20, 2023. No minimum balance required. Must have $0.01 in savings to earn interest.

24. There’s no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account.

25. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.

26. Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.

27. Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2020 and October 2020 observed an average FICO® Score 8 increase of 30 points after approximately 8 months. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.

28. On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.

29. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

30. SpotMe® on Debit is an optional, no fee overdraft service attached to your Chime Checking Account. To qualify for the SpotMe on Debit service, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month and have activated your Visa debit card. Qualifying members will be allowed to overdraw their Chime Checking Account for up to $20 on debit card purchases and cash withdrawals initially but may later be eligible for a higher limit of up to $200 or more based on Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s sole discretion. Although Chime does not charge any overdraft fees for SpotMe on Debit, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe on Debit will not cover any non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. SpotMe on Debit Terms and Conditions.

31. Tipping or not tipping has no impact on your eligibility for SpotMe®.

32. Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

33. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account.

34. Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account.

35. Mobile Check Deposit eligibility is determined by Chime in its sole discretion and may be granted based on various factors including, but not limited to, a member’s direct deposit enrollment status.

36. Funds are automatically debited from your Checking Account and typically deposited into the recipient’s Checking Account within seconds. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed.

37. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed. Non-Chime members must use a valid debit card to claim funds.

* EarnIn is not available for Connecticut residents

Rachel Alulis

Rachel Alulis has been the lead editor for Moneyfor’s credit cards team since 2015 and for the financial rewards team since 2023. Before joining Moneyfor, Rachel worked at USA Today and the Des Moines Register. She then established a successful freelance writing and editing business specializing in personal finance. Rachel holds a bachelor’s degree in journalism and an MBA.