Destiny Mastercard®

The Destiny Mastercard® is an unsecured credit card issued by The Bank of Missouri and serviced by Concora Credit Inc. It is positioned primarily for people who are establishing or rebuilding credit. Unlike a secured card, the Destiny Mastercard does not require a security deposit. The issuer also states that account activity is reported monthly to all three major credit bureaus, which can make the card relevant to consumers focused on building a credit history. Reporting itself does not guarantee that a cardholder's credit score will increase. The current pricing disclosure reviewed for new accounts lists a 35.9% regular APR for purchases. This is a high borrowing rate, so carrying a balance can result in substantial interest charges. The issuer provides a grace period of at least 25 days after the close of each billing cycle and states that purchase interest can be avoided when the applicable balance is paid in full by the due date under the terms of the agreement. Fees are an important limitation. The reviewed offer charges a $175 annual fee during the first year and a $49 annual fee thereafter. In addition, the monthly fee is $0 during the first year but becomes $12.50 per month after the first year, equivalent to $150 annually. This means the ongoing account cost after year one includes both the $49 annual fee and the monthly fees. The annual fee may also reduce the credit initially available when the account is opened. The disclosed cash advance fee is the greater of $5 or 5% of the transaction, capped at $100. Transactions made in a currency other than U.S. dollars are subject to a 1% foreign transaction fee. Late payment, returned payment, and applicable overlimit fees may each reach $41 under the current disclosure. These charges make careful account management especially important. The general Destiny product page emphasizes credit building, unsecured access, fraud protection, and Mastercard acceptance rather than a universal rewards program. Although Destiny also publishes terms for certain cashback-rewards programs, those rewards are associated with specific offers and should not be assumed to apply to every Destiny Mastercard account. The pricing disclosure used for this CMS item does not establish cashback or rewards as a feature of this particular offer. Applicants must meet The Bank of Missouri's underwriting and identity-verification criteria. Current terms include requirements such as being at least 18 years old, having a valid Social Security number, a physical address, and a U.S. IP address. Approval, credit limit, and account terms depend on the issuer's criteria and are not guaranteed.