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First Option MasterCard Credit Card

No credit check Approved regardless of credit history Secured credit limit of up to $5,000.00 Get cash at over 740,000 ATMs Accepted where ever MasterCard is accepted

NO CREDIT CHECK REQUIRED We verify only your age, social security number and residence. We verify this information through a third party source. We do not consider your credit history in connection with your application.

DOUBLE YOUR MONEY BACK GUARANTEE You will be approved if you meet the Guaranteed Approval Requirements below. In addition, to show our confidence in this offer, we will pay you double the processing fee back per the Double Money Back Conditions below in the unlikely event of your not being approved for this offer.

BUILD YOUR CREDIT relationship with your secured First Option Card account. You'll enjoy these valuable benefits when you make your payments on time: a solid credit history on your account and the ability to request credit line increases at any time with additional deposit.

CREDIT LIMIT Your credit cards will have a credit limit of $300.00 to $5,000.00 per card. You determine your credit limit by the amount you deposit in your collateral savings account with New Millennium Bank. Your credit limit will be equal to the balance in your collateral savings account. Minimum deposit is $300, maximum deposit is $5,000.00 per card.You will be sent your confirmation and savings account materials after we receive your online application and processing fee.

GUARANTEED APPROVAL REQUIREMENTS Your credit history will NOT be checked. Your approval will be based on verifying the information you supply to us regarding your age (at least 18, 19 in NE), social security number and residence. Your approval is also based on your agreement to open an FDIC insured savings account (minimum $300 - maximum $5,000 per card) with the bank, Member FDIC. This is your money, but you pledge it to secure repayment of all credit extended through this program. If you do not open an account meeting these requirements within 60 days, this offer of credit may be withdrawn.

DOUBLE MONEY BACK CONDITIONS To apply for a credit card, please submit the application with your processing fee. After your processing fee is paid, we will confirm receipt and will send you the documents you need to open the insured savings account(s) that will secure payment of the credit card(s). You will need to complete those documents and return them with your deposit(s). If you do not meet all of these conditions, including sending your deposit(s), this offer will be withdrawn, in which case your processing fee(s) will not be refunded. After receiving those documents, and the funds for the deposit(s), we will verify your age, social security number and residence. After this information is verified, your credit card(s) will be sent to you. If we are unable to verify this information, we will refund your savings account and double your processing fee. However, we will NOT refund your processing fee(s) if we determine that you supplied us with inaccurate information.

FAQ

What is a Fully Secured Credit Card? Secured Cards are an excellent way to establish a positive credit history and are designed especially for people with no credit history, or who have experienced past credit problems. First Option secured credit cards look and work like any other credit card. The only difference is that a savings account is established to open the secured credit card account. The savings account serves are collateral for the credit card. Your credit card is reported to the three major credit bureaus, the same as all credit cards are, we pay you a generous interest rage, and there are no monthly activity fees.

How Do I Get A Fully Secured Card? It's easy, and takes just a few minutes. Complete the online application and submit with the processing fee. We'll review the information you provide and send your approval confirmation and savings account form which then are completed and returned to the bank with your initial saving deposit. Your credit card is then sent to you immediately.

How can I Qualify? Even if you have no credit, or your credit history is less than perfect, you can be approved for a First Option fully secured credit card when you meet our easy, general guidelines: a) you must be of legal age in the state of your residence, and b) you must reside in the United States and have a valid social security number.

What Will My Credit Limit Be? With an First Option credit card, you set your own credit limit? You are guaranteed a credit limit! You are guaranteed a credit limit equal to 100% of your deposit immediately. The minimum deposit required is $300, with a maximum deposit of $5,000. In the event of non-payment, your Visa charges will be deducted from your collateral deposit and any remaining balance will be returned to you as soon as all charges have been cleared.

Can I Add To My Savings Account To Increase My Credit Limit? At any time after your account is opened, you may send in deposits to add to your collateral savings account. When your credit card account is current and not over-limit, each addition to our savings account will increase your credit limit dollar for dollar up to $5,000.00.

Will My Savings Account Earn Interest? YES! The savings account currently earns interest at a rate of 6.0% interest for the first three months, then 2.0% interest for the next nine months, for a 3.0% Annual Percentage Yield (APY). After the first twelve months your account earns 2.0% APY. These rates are subject to change.

Can I Withdraw Money From My Savings Account? The Savings account acts as collateral for your secured card, so you may not withdraw money from the account while your credit card is secured. If you ask us to close your account and the credit card balance is paid in full we will return the security deposit balance to you with in ten weeks of closing the account, after all your credit card purchases have cleared, along with your interest earned.

Fees and Disclosures

Annual Percentage Rate	The APR applies to purchases and cash advances and is a fixed rate of 19.5% (.05342 daily periodic interest rate).
Method of Computing the Balance for Purchases and Cash Advances	Average Daily Balance (including new purchases)
Grace Period for New Charges on Account	The grace period is zero days for both purchases and cash advances.
Annual Membership fee	A fee of $59 per year applies.
Account Type	Full privilege secured Mastercard® credit card account
Minimum Finance Charge on Outstanding Balance	For each month that there is an out- standing balance on your account the minimum is $0.50 per month.

Other fees that apply: Late Payment: $20, Overlimit: $20, Processing: $99.95, Cash Advance: 2% of advance (min $1, max $20)