Best Credit Card Services from Genesis Financial Solutions
Best Credit Card Services from Genesis Financial Solutions

If you have a low credit score, it may be difficult to qualify for a credit card. At the same time, a new credit card is essential to building good credit. In this case of capturing 22, your options seem limited.

Fortunately, there are credit cards on the market designed for people in these situations.

Genesis Financial Solutions is one of the companies that offers credit cards to customers with bad or limited credit. Read on to learn more about this company and what it has to offer.

What is Genesis Financial Solutions?

Genesis Financial Solutions was founded in 2001 by a group of financial services professionals. Her initial focus was consumer credit. After the 2008 financial crisis, the group recognized the needs of consumers with low credit ratings or limited credit history.

Comparing Genesis credit cards

Card Annual fee style=”text-align: center; background-color: #00143D; color: #FFFFFF”Ongoing APR
Destiny® Mastercard® $59-99 24.9%
Indigo® Platinum Mastercard® Up to $99 24.9%
Milestone® Gold Mastercard® $35 to $99 24.9%

So the company started offering credit cards to these types of consumers. Today, Genesis Financial Solutions offers three credit card options to help people with credit problems get their feet wet


If you do not have good credit, one of the many credit card options available to you may be a secured card that requires a deposit on application. Genesis Financial Solutions, on the other hand, offers unsecured options, but they all come with pretty high annual fees.

Destiny Mastercard

If approved, Destiny Mastercard will provide a $300 credit line with no deposit required. The card has an annual fee of $75 for the first year, $99 thereafter, or an ongoing $59 annual fee, depending on the benefits you qualify for.

Additionally, if you choose overage and exceed your credit card limit, you will be charged an overage fee of up to $40. Late fees and refund fees are also up to $40.


Aside from the high cost, the card still delivers on its promise to help you build credibility through responsible use. It reports to all three credit bureaus — Experian, TransUnion, and Equifax — and over time, as your credit score improves, you may qualify for other interesting credit card offerings.

The elimination of cash advance fees for the first year of using the card is another benefit of the product, and a rare credit card benefit. However, given that cash advances have a high APR (29.9%) when you borrow cash from a line of credit, don’t use this feature with caution.

Indigo Platinum MasterCard

The Indigo® Platinum Mastercard® is similar to the Destiny Mastercard in many ways. This is an unsecured card with a credit limit of $300 if you are approved, a fee of up to $40 for exceeding the credit limit, a refund of up to $40, and a late payment of up to $40.

The main difference is that you may not have to pay an annual fee. Depending on the benefits you are eligible for, you may have to pay:

  • $0 annual fee
  • $59 annual fee
  • The annual fee is $75 after the first year and $99 after that

You may not have to pay an annual fee, but there’s no guarantee you’ll get this deal, especially if you have a low credit score. For this reason, Indigo Platinum may not be the best option if no annual fee is your deciding factor.

Milestone Gold Mastercard

The conditions for the Milestone® Gold Mastercard® are the same as for the other two Genesis Financial Solutions cards. Your annual fee also depends on your credit status and can be $35, $59 or $75 for the first year and $99 after that.

In addition to the terms these cards share, they also offer free custom design options and quick prequalification that won’t affect your credit score. In this way, you can review the expected conditions before applying.

However, be aware that after you apply, a hard look will appear on your credit report.

Who is eligible for a Genesis Financial Solutions credit card?

Because Genesis Financial Solutions designs its products for sub-prime and non-premium consumers (those with a credit score below 669), you are more likely to qualify regardless of your credit status. If you are not eligible, the card issuer may suggest card options from partner banks.

Final result

Genesis Financial Solutions offers a range of credit cards designed for consumers with low credit scores or limited credit history. If you fall into this category, these cards might be the option for you, but consider the high fees and research other credit cards before applying – you may find something with better terms targeting the same category of consumers.

Learn more:

Jake Smith

Escrito por

Jake Smith

He is the editor of Eragoncred. Previously, he was editor-in-chief of Eragoncred and a financial industry reporter. Jake has spent most of his career as a Digital Media journalist and has over 10 years of experience as a writer and editor.