The Milestone Mastercard® is issued by The Bank of Missouri, an FDIC-insured financial institution based in St. Robert, MO.
Purchase APR Rate: See terms – Annual Fee: See terms – Credit Needed: Fair/Good – Foreign Transaction Fee: 1% of each transaction in U.S. dollars.
The Bank of Missouri is a full-service bank that has been serving customers since 1891. The bank offers a variety of financial products and services, including checking and savings accounts, loans, and investment products. The Bank of Missouri is committed to providing its customers with the best possible financial services and products.
In addition to being issued by The Bank of Missouri, the Milestone Mastercard® is also serviced by Concora Credit Inc., a company that specializes in providing credit cards to consumers with bad credit or no credit history. Concora Credit Inc. is a subsidiary of Genesis FS Card Services, Inc. and is licensed by the NMLS. Concora Credit Inc. is committed to helping consumers improve their credit score and achieve their financial goals.
The website does state that it is issued by the Bank of Missouri and serviced by Concora Credit Inc what does serviced by in credit card terms mean
In credit card terms, “serviced by” means that the company Concora Credit Inc. is responsible for handling the day-to-day operations of the Milestone Mastercard® account, such as processing payments, customer service, and fraud protection.
The Bank of Missouri is still the issuer of the card, which means that they are responsible for setting the terms and conditions of the account, as well as underwriting (approving or denying) applications. However, Concora Credit Inc. is responsible for the day-to-day operations of the account.
This means that if you have any questions about your Milestone Mastercard® account, you should contact Concora Credit Inc. customer service. You can find their contact information on the back of your card or on the bank’s website.
Here are some of the specific responsibilities that Concora Credit Inc. may have for the Milestone Mastercard®:
- Processing payments: This includes authorizations, which are the checks that Concora Credit Inc. makes to make sure you have enough credit available to make a purchase, as well as posting transactions to your account.
- Customer service: This includes answering your questions about your account, handling disputes, and processing requests for changes to your account.
- Fraud protection: This includes monitoring your account for suspicious activity and taking steps to protect you from fraud.
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