Destiny Mastercard® Review: Is It a Good Option?

Destiny Credit Card Review
The Destiny Mastercard® is designed to help those build credit responsibly. However, it is important to note that is comes with a (small) annual fee. Find out why thousands of Americans use this credit card in the review below.
  • Annual Fee:
    $59 - $99
  • Annual APR:
  • Rewards:

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Most credit cards are intended to be used by shoppers with fair to good credit scores. However, many of those rewarding credit cards are inaccessible to those with bad credit.

It can seem difficult or even impossible to rebuild your credit if it plunges too far. After all, many credit card companies don’t issue cards to those with bad credit in the first place.

However, you can rebuild your credit through credit card use by using a “bad credit” card. One of the best cards in the industry is the Destiny Mastercard®, which offers a relatively low credit line of $300 and regularly reports to the major credit bureaus.

Through using this card, you may be able to rebuild your credit relatively quickly, even if it is very low at the time of application.

Let’s take a closer look at this card and break down who it’s for and its major features in detail.

Destiny Credit Card Pros and Cons


  • Can prequalify with a soft credit check
  • $0 cash advance fee for the first year
  • Minor 1% foreign transaction fee
  • Issued to individuals with bad or fair credit
  • Can pay your bill and check card balance online


  • Has an annual fee you must pay upon issuing to access the line of credit
  • The credit line is relatively low at just $300
  • Has fixed penalty APR at 29.9%
  • Regular fees

What Is the Destiny Mastercard®?

The Destiny Mastercard® is one of the best-unsecured credit cards for those who need to rebuild their credit after some bad luck in the past.

It features an admittedly small credit line, and there’s a number of fees to watch out for, but it can still be a great card to apply for if you don’t have a good enough credit score for other credit card options.

Should you be approved, you’ll get a line of credit up to $300. Note, however, that there aren’t any other major benefits or perks, as the purpose of this card is to help individuals with bad credit get back to a state of financial stability.

How Does the Destiny Mastercard® Work?

Once you apply for the Destiny Mastercard®, you’ll get a credit line of up to $300. However, you’ll have to pay an initial annual fee as soon as the card is issued to you.

The annual fee will be between $59 and $99 depending on the exact card you receive and other factors like your financial history. There’s another activation fee to pay for, too.

Once you pay for those starting fees, you’ll get access to the $300 line of credit. You can use the line of credit to make purchases and pay those purchases off, thereby rebuilding your credit in the process.

The card regularly reports all transactions to each major credit bureau, including Experian, Equifax, and TransUnion.

In addition to the line of credit, the card comes with some other MasterCard security features, including zero fraud liability, ID theft protection, and 24/7 emergency assistance anywhere around the world in case you ever lose your card or need it to be reissued.

The card comes with a fixed purchase APR (i.e., the interest rate you pay on any purchases remains the same, the matter what).

This is actually a good thing for those looking to rebuild their credit, as it means you won’t have to worry about the prime rate affecting the card in the future.

Naturally, this regular purchase APR isn’t the best in the market, as it usually is 24.9%. But the stability is certainly something many will appreciate.

One last thing – keep the card’s regular fees in mind. These include a base $79 processing fee to open your account, a $25 replacement card fee, a $7.25 monthly fee after the first year, and a $55 reinstatement fee.

Because of all these added costs, the Destiny Mastercard® may only be a good choice to use for one year to rebuild your credit before moving on to a more suitable, long-term card option.

Destiny Mastercard® Review

  • Annual Fee: $59-$99
  • Annual APR: 24.9%
  • Rewards: N/A

Destiny Mastercard® Features and Benefits

Let’s break down some of the major features or aspects of the Destiny Mastercard® in detail, so you’ll know whether it’s a good choice to apply for.

No Security Deposit Required

One of the better elements of this card is the lack of a required security deposit. Although it is an unsecured card, you don’t have to pay any security deposit upon applying for or receiving this card.

You do have to pay an annual fee, but that’s a relatively small price to pay to gain access to a reasonable line of credit you can use to start repairing your credit score.

Reports Payments to All Three Credit Bureaus

This would be a great card for rebuilding your credit score if the major credit bureaus didn’t have access to your new financial activity.

Fortunately, the Destiny Mastercard® reports all your transaction activity, including the purchases you made and any payments you made to the card, to all three credit bureaus every month.

Use this card for six months, and you’ll see a significant boost to your credit score (provided, of course, that you repay your credit line in full at the end of every month).

24/7 Access Online

The Destiny Mastercard® is also a great pick for those looking to rebuild their credit since you can check out your credit balance and pay your bill online at any time.

This is much more convenient than many other bad credit or credit rebuilding credit cards, which sometimes require you to pay by cash or check.

Quick Pre-Qualification

You can quickly prequalify for this credit card and not have to worry about a hard credit check impacting your credit score.

Do this, and you’ll know whether you are likely to be approved for the Destiny Mastercard® in just a couple of minutes.

No Rewards Program

The biggest downside by far to the Destiny Mastercard® is the lack of a rewards program.

However, given the card’s focus and intended audience, this is less of a major flaw and more of a thing to keep in mind if you are looking for a more versatile, rewarding card.

How Does the Destiny Mastercard® Compare to Other Credit Building Cards?

Not sure whether the Destiny Mastercard® is right for you? Let’s compare it to a few other credit cards intended for folks looking to rebuild their credit.

#1. First Access Credit Card vs. Destiny Credit Card

The First Access Credit Card is very similar to the Destiny Mastercard® on its face, requiring a $95 program fee and $75 annual fee before you get access to a $300 line of credit.

However, this is reduced to $225 once you pay the annual fee. Therefore, the Destiny Mastercard® is a better choice for most folks looking to restore their credit as quickly as possible.

#2. Destiny Credit Card vs. Reflex Mastercard

The Reflex Mastercard is an expensive beginner credit card if you don’t have high enough credit for other options. It comes with a relatively high APR and offers prequalification.

It only provides a line of credit between $195 and $219 after you pay your annual fee, though this only kicks in after the first year of your account’s activity.

So, this could be a potentially good pick if you think you can rebuild your credit in less than a year.

#3. Fortiva Credit Card vs. Destiny Mastercard®

The Fortiva Credit Card is available to anyone with a low credit score and has a high annual fee of $175 for the first year, though it drops to $49.

Its big benefit is that it offers access to your credit score, so you can track how your credit score grows with your repayment efforts. But you might want to look elsewhere given its high fees.

#4. Cerulean Credit Card vs. Destiny Mastercard®

The Cerulean Credit Card has a regular purchase APR of 25.9%, but it has a higher-than-average initial credit limit of $750.

Thus, this could be a good pick for rebuilding your credit if you need more than the $300 line of credit offered by the Destiny Mastercard®. Note that the Cerulean does require a checking account in order for you to be approved.

#5. Petal® 2 Credit Card vs. Destiny Credit Card

The Petal 2 Credit Card is a fee-free option with a variable APR and a cashback program worth up to 1.5% cash back for your purchases after making 12 on-time monthly payments.

The Petal 2 card is a really nice choice for those who want to stick with a credit building card for longer than a single year because of these aspects.

Frequently Asked Questions

Does Destiny Credit Card Increase Credit Limit?

No. The credit limit of $300 remains no matter how well you rebuild your credit after the fact.

Therefore, you may wish to move on from this card and apply for a new credit card after rebuilding your credit to an acceptable level.

The relatively small limit of $300 is intended to be a manageable line of credit for individuals who need to practice good financial spending habits before moving on to larger credit lines.

Is Destiny a Legitimate Credit Card?

Yes. You can use this MasterCard anywhere MasterCard’s are accepted, including both in-person and online retailers.

Is It Safe to Use the Destiny Mastercard®?

Absolutely. Since the Destiny Mastercard® is a type of MasterCard, it comes with built-in identity theft protection and other security aspects that should protect your personal information from being lifted when the card is used.

Is the Destiny Mastercard® Unsecured?

Yes. This just means that there isn’t any collateral attached to the card, like a security deposit or a personal asset.

As a result, defaulting on your credit payments will hurt your credit score and financial records rather than require you to pay a security deposit or give up some of your property.

What Is the Credit Limit on a Destiny Credit Card?

The Destiny Mastercard®’s credit limit is $300. Remember, you can only get access to this $300 credit line once you pay the annual fee that is charged when you are first issued the card.

Will the Destiny Mastercard® Help Me Build Credit?

If you use the card to purchase affordable items and repay those purchases at the end of every month, yes.

By doing this, you won’t need to worry about interest payments, and the card will report you’re good financial activity to the major credit bureaus.

This will, in turn, rebuild your credit even if it is very poor at the moment. Because the Destiny Mastercard® reports to all three credit bureaus every month, your credit score should increase by at least a few points every month.

Like all cards meant to help you rebuild credit, though, whether the Destiny Mastercard® actually leads to better credit is dependent on your behavior.

>> Want an Alternative?Explore the Best Credit Repair Companies

Bottom Line: Destiny Mastercard® Review

As you can see, the Destiny Mastercard® is a valuable tool for some individuals looking to rebuild their credit scores after a period of financial instability or bad luck. But this tool is only as effective as you responsibly use it.

Our advice? Consider prequalifying for the card to see whether you will be approved in the first place.

Then you’ll be able to make a more informed decision about your options to rebuild your credit and get back on track to financial wellness.

Kim Pinnelli
Kim Pinnelli

Kim Pinnelli is a Senior Writer, Editor, & Product Analyst with a Bachelor’s Degree in Finance from the University of Illinois at Chicago. She has been a professional financial writer for over 15 years, and has appeared in a myriad of industry leading financial media outlets. Leveraging her personal experience, Kim is committed to helping people take charge of their personal finances and make simple financial decisions.