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Accepted Platinum $1,000 Credit Limit with No Credit Checks
REVIEW

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By : Mr Credit Card

At A Glance: No Credit Check Store Card with $1,000 Credit Line

Accepted Platinum is an all-in-one online store, roadside assistance and RX Discount membership club. It is ideal for those with poor credit and also those without health insurance who want access to RX discounts at pharmacies and have credit lines to do online shopping. With 0% APR financing on online store purchases, it is a much better proposition that most buy-now-pay-later schemes.

With the Accepted Platinum, you can use it at their online store www.myuniqueoutlet.com. You can purchases merchandise from there and the APR is 0%. Accepted Platinum does not perform any credit checks (ie no hard inquiry) and you will definitely be approved if you have either a checking account or debit card. You will have to pay a monthly membership fee of $14.95, which brings benefits like roadside assistance, free legal advice, RX discounts and even a reward program. The credit line of $1,000 is also pretty generous.


Advantages and Disadvantages

Pros Cons
  • No credit checks
  • $1,000 starting credit limit
  • 0% APR
  • Not Visa or Mastercard and can only be used at Accepted Platinums' online store

Card Details

Annual Fee $0
Monthly Membership Fee $14.95/month
Regular APR 0%
Starting Credit Limit $1,000
Minimum Monthly Payment The greater of: a) 15% of the account balance owed; or b) $25.00. Notwithstanding the foregoing, should your new balance be less than $25.00, the minimum payment due will be the total amount of the new balance.


Can be used at www.myuniqueoutlet.com

The Accepted Platinum is not a Visa or Mastercard and can only be used at their online store MyUniqueOutlet.com. The great thing about the card is that if you choose to carry a balance, there is no APR (ie 0% APR). There is a minimum payment of either 15% of the balance owed or $25. And if you make a small purchase that is less than $25, then you have to pay in full. MyUniqueOutlet.com sells lots of branded goods which you will recognize.

Below is a screenshot of the homepage of myuniqueoutlet.com. I have decided to show you the page where it shows a Calvin Klein Obsession Scent.

myuniqueoutlet


Membership Benefits

The $14.95 monthly membership provides the following benefits:

  • Unique Rewards - Unique Rewards is a reward program for cardholders of Accepted Platinum. You will get $25 in reward dollars each month as long as you are an active member. There are over 500,000 ways to use your reward dollars. They include things like local and online shopping, saving at your favorite local restaurants, travel, entertainment and more.

  • Roadside Assistance - The emergency roadside assistance is provided by Signature's Nationwide Auto Club, Inc. Benefits include towing, lock-out assistance, fluid delivery, tire change, jump starts and winching.

  • Legal Assistance - The benefit provides you access to Legal Club of America┬«, which is a nationwide discount legal referral service. They have thousands of attorneys in their network. As a plan member, you will have access to their attorneys who will provide certain free service and other legal services at a discounted member rate. (See details of plan here).

  • Uqinue RX Discounts - This benefit allows you to save up to 54% off prescription drugs at over 62,000 paharmacies. You even earn reward points which can be redeemed for gift cards.


Requirements

  • Checking account, debit card or credit card
  • Bankruptcy must be discharged
  • 18 years old and above
  • US resident
The Accepted Platinum does not perform any hard inquiry when you apply. The only other criteria is that you are not in the middle of a bankruptcy filing and proceeding. You have to have been discharged from bankruptcy if you have filed for one. And having a past bankruptcy will not affect your application.

You also need either a checking account, debit or credit card because that is how you are going to pay the monthly membership fee.


Competition

Card Annual Fee Monthly Fee APR Credit Limit Credit Bureau Reporting
Accepted Platinum $0 $14.95 0% $1,000 TransUnion
Unique Platinum $0 $19.95 0% $1,000 TransUnion
Merit Platinum $0 $14.77 0% $750 No Reporting
Buy On Trust $0 $0 Varies Up to $5,000 3 Major Bureaus


The Accepted Platinum has competition from other online store credit cards that guarantee approval and have no credit checks. The table above highlights some of them.

Compared to other cards from Unique Card Services

Unique Card Services (which is the issuer of Accepted Platinum) also have a few store cards that have the same benefits and terms. We will use one of their cards, Unique Platinum as a reference for comparison. The Unique Platinum also has a $1,000 credit limit like Accepted Platinum but have a higher monthly fee at $19.95/month. In contrast, Accepted Platinum has a lower monthly fee of $14.95/month.

Compared to cards from Horizon Card Services

Horizon Card Services is another competitor and they also have a few identical online store credit cards. We will use their latest offering Merit Platinum as a reference for comparison with Accepted Platinum. Merit Platinum has a lower starting credit limit ($750) than Accepted Platinum ($1,000). The monthly fee is nearly identical monthly (at $14.77/month vs $14.95/month for Accepted Platinum). Merit Platinum does not report to any credit bureau and while Accepted Platinum does not explicitly guarantee that they report to any credit bureau, we understand that they do report to one of the three major credit bureaus.

Compared to Buy on Trust

Buy on Trust is a buy to lease electronic online store where the products are fulfilled by your nearest Best Buy store. It is one of the rare lease to own stores that reports to all three major credit bureaus. There is no credit checks (though last 4-digits of SSN or ITIN are needed for verification purposes) and you can get up to $5,000 credit limit. There are no annual fee or monthly fee. However, since this is a lease-to-own store, there is an interest rate charged on products you buy. This is in contrast to the 0% APR on all merchandise you buy from Accepted Platinum.


Our Take: Decent Credit Limit and No Credit Checks

When you have really bad credit, perhaps have credit scores in the 400s, very few credit cards (even secured ones) will accept your application. When you are in this situation, you will likely have been denied every credit card you have applied for. This includes secured credit cards that claim to not do any hard inquiries. If you find yourself in this situation, you might want to consider the Accepted Platinum as you will definitely be approved as long as you meet their very low threshold requirements. Though they do not guarantee that they will report to credit bureaus, our understanding is that they do. Hence, this card makes a good short term card to jump start your rebuilding efforts before you can get a better card.


Alternatives

You do however, have to be aware that there are a couple of alternatives to the Accepted Platinum. I am going to present you with two which do not perform any credit checks and have minimal requirements to get approved.

Buy On Trust - Buy On Trust is a lease-to-own electronics store where your purchases will be fulfilled by the nearest Best Buy store to your location. Unlike the online store of the Accepted Platinum, the products are branded electronics. You can get a credit line of up to $5,000 line and there is no annual fee or monthly fee. The requirements are that you need a checking account and need to have made $1,000 in monthly salary from the same employer or same source for the last three months. Buy on Trust report to all three major credit bureaus. Read our review of Buy on Trust here.

Self Credit Builder and Secured Visa - Another alternative is to get the Self Credit Builder Loan and Secured Visa. Self also does not check your credit report and you will definitely get approved. There are no fees and getting a credit builder loan which can then lead to a secured credit card is a very low cost way of rebuilding and is a great alternative to Accepted Platinum.


Application Forms

The application form has 3 pages. On the first page, you simply fill out your email address. On the second page, you fill in your name, address, phone numbers, date of birth and whether you have a checking account. On the third page, you simply fill in your bank's debit card number. Below are screen shots of the application pages.

accepted platinum application form accepted platinum application form accepted platinum application form accepted platinum application form accepted platinum application form


Contact Information

Address: Unique Card Services, PO Box 757, Hopwood, PA 15445
Phone: 1-888-805-7648
Email: memberservices@uniquecardservices.com




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