By : 
Mr Credit Card
Mr Credit CardWhat is the Now Platinum?
- $0 Fees
- 0% APR
- $500 or $1,000 credit limit
- No Credit Checks, No Employment Checks and No Income Checks
Card Details
| Monthly Fee | $0 |
| Optional Membership Plan | $19.95/month |
| Regular APR | 0% |
| Minimum Payment | $25 or 10% of Balance |
| late Fee | $20 |
| Credit Limit | $500 or $1,000 |
| Credit Bureau Reporting | Does not report to credit bureaus |
Fees, APR and Credit Limit Summary
Now Platinum does not have any fees. They used to charge a monthly fee of $19.95 whereby you get benefits like roadside assistance and RX prescription discounts. This is now an option which you can enroll in if you choose to. The APR is 0% (like most Buy Now Pay Later app) and you will get a credit limit of either $500 or $1,000. Most of you will get a credit limit of $1,000.Very Easy Approval
Now Platinum does not check your credit, income or employement. Therefore, approval is easy and essentially guaranteed as long as you go through and fill in the correct information in the application process.No Credit Bureau Reporting
Now Platinum does not report to any credit bureau. Those who want a credit bureau reporting card will not get it with this card and should look elsewhere.Paying For Your Purchases
You have to pay a minimum of $25 or 15% of your balance for your minimum payment. For example, if your balance is $50, then you have to pay $25 twice and you will end up paying down the balance in two cycles. If your balance is $200, then you will pay $30 as your minimum payment until the balance is paid off.Optional Membership Benefits for $19.95 a month?
- Unique RX Discounts - This benefit allows you to save up to 54% off prescription drugs at over 62,000 paharmacies. This is probably the best benefit as most RX programs will cost more than $19.95 a month.
- 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).
Competition
| Card | Details |
|---|---|
| Now Platinum |
Monthly Fee=$0 APR=0% No Credit Check Starting Limit=$500 - $1,000 |
| Net First Platinum |
Monthly Fee=$0 APR=0% No Credit Check Starting Limit=$750 |
| Freedom Gold Card |
Monthly Fee=$0 APR=0% No Credit Check Starting Limit=$750 |
| Choice Gold Card |
Monthly Fee=$0 APR=0% No Credit Check Starting Limit=$500 - $1,000 |
| Sezzle |
Monthly Fee=$0 APR=0% No Credit Check Reports to 3 Credit Bureau Starting Limit=Up to $2,500 |
| Arro Mastercard |
Monthly Fee=$3 APR=16% No Credit Checks Reports to 3 Major Bureaus Starting Limit=$50-$2,500 |
Compared to credit cards from Unique Card Services
Unique Card Services has other cards like Choice Gold Card, Vast Platinum and Next Millennium Card. They all have the same features, no fees and allow you to shop at the same online store. Like Now Platinum, you also have the option of enrolling in their membership benefits if you decide to.Compared to credit cards from Horizon Card Services
Horizon Card Services is the main competitor to Now Platinum and other cards from Unique Card Services and they are very similar. For example, credit cards from Horizon Card Services have no fees, offer 0% APR, give you a $750 credit limit (close to the amount the Now Platinum gets) and also does not check your credit when you apply. The main difference is that with cards from Horizon Card Services, you can use them at www.thehorizonoutlet.com (which is their proprietary online store). Like Now Platinum, Horizon Card Services cards also do not report to any credit bureaus. Examples include Net First Platinum, Freedom Gold Card and Group One Platinum.Compared to other Buy Now Pay Later Apps
Now Platinum also faces a lot of competition from Buy Now Pay Later apps. These BNPL apps also do not perform hard credit inquiries and are easy to get approved. They also offer 0% APR financing and the most common payment scheme is the Pay-in-4 where you pay 25% down when you check out and 25% of the purchase amount every 2 weeks and you finish paying for your purchases in a total of 6 weeks. Unlike Now Platinum, most BNPL apps have thousands of branded merchant partners and retailers and you can use them both in-store and online. Some like Sezzle even report to all three major credit bureaus.Compared to unsecured no credit check credit cards
One card which I have to compare the Now Platinum to is the Arro Mastercard credit card. The reason is that like Now Platinum, Arro does not rely on FICO scores to approve you. But unlike Now Platinum (which does not perform any income checks), you do need a minimum monthly income of $1,000/month and a positive bank balance of $50 to get approved (this is all verified by linking your bank account via PLAID to Arro). Arro charges a $3/month fee and has a credit limit of up to $2,500. They also report to all three major credit bureaus and can be used anywhere Mastercard is accepted (which is everywhere). Hence, I think Arro is a great card to consider if you are looking at Now Platinum.Pros and Cons
Pros
- 0% APR - If you make a purchase from their online store, the interest rate and APR is 0%. This is in contrast with other regular credit cards that has a regular APR.
- No Fees - Now Platinum comes with no fees. They used to charge $19.95 for the membership benefits but now this is simply an option for cardholders.
- Guaranteed Approval Because There Is No Credit Checks - This card does not do any credit checks so approval is guaranteed as long as you fill in the information correctly and you have a debit card (to be able to pay your monthly membership fees).
- Up to $1,000 Starting Credit Limit - Most applicants will either get a $500 or $1,000 credit limit, which is quite generous for a card that does not check your credit.
Cons
- Can only be used at www.myuniqueoutlet.com - As explained earlier, this card is an online catalog store card and can only be used at their online store.
- Does Not Report to Credit Bureaus - Now Platinum does not report to any credit bureaus. Hence, even if you pay on time, it will not help build or rebuild your credit.
Our Take
But before you get the Now Platinum, I would suggest that you check out the online store www.myuniqueoutlet.com and see if there are things that you will actually purchase. There is no point getting the card even if the APR is 0% if you do not intend to buy anything from it. Furthermore, Now Platinum does not report to any credit bureaus so this card would not help a rebuilder rebuild his/her credit.
To sum up, based on our evaluation and review of the Now Platinum Card, we are giving it a 3 stars out of 5 rating for it's absence of fees, o% APR and ease of approval. However, the fact that you can only use it at their proprietary online store and it does not report to any major credit bureaus prevents us from giving it a higher rating.
If you are looking for a Buy Now Pay Later solution, there are much better alternatives because most BNPL apps have thousands of retail partners which you can use either in-store or online. We would suggest a BNPL app like Sezzle, which also reports to all three major credit bureaus and helps you to build or rebuild your credit. If rebuilding your credit is your main goal, there are other no credit check cards like the Arro Mastercard, which also does not perform any credit checks.
Alternative No Credit Check Credit Cards that Build Credit
Sezzle - Sezzle is a Buy Now Pay Later App that allows you to shop at thousands of online stores and bricks and mortar retailers. This is in contrast to Now Platinum, that only allows you to shop at www.myuniqueoutlet.com. Sezzle offers the typical pay-in-4 payment scheme with 25% down payment and 0% interest (Now Platinum also charges 0% APR). Like Now Platinum, Sezzle charges no fees. BUt Sezzle is also better because they also reports to all three major credit bureaus. You can use Sezzle at over 48,000 participating merchants including Amazon, Target, Nike etc. Read our review of Sezzle.
Arro Mastercard - Arro Card is an unsecured Mastercard with no hard inquiries (like Now Platinum). Your credit limit can be as high as $2,500. The APR is only 16%. Arro is also better than Now Platinum because it is a Mastercard and can be used anywhere Mastercard is accepted (which is pretty much everywhere). They also report to all three major credit bureaus (which Now Platinum does not). Read our Arro Mastercard review here.
Perpay - Perpay is more similar to Now Platinum. The Perpay account allows you to shop at their online partners (included many branded products). Liek Now Platinum, they also do not charge any fees. You can also get up to a $1,000 credit limit (like Now Platinum). Perpay is able to offer such favorable terms because they require you to pay them directly from your paycheck direct deposit. Perpay reports to all three major credit bureaus. It is best you read our review of Perpay here. It is a much better alternative to Now Platinum.
FREQUENTLY ASKED QUESTIONS
Does Now Platinum Report to Major Credit Bureaus?
Does Now Platinum Report to Major Credit Bureaus?
They used to report to TransUnion but no longer report to any credit bureau.
What credit limit will I get?
What credit limit will I get?
Your starting credit limit will be either $500 or $1,000.
Which credit report does Now Platinum pull when we apply?
Which credit report does Now Platinum pull when we apply?
There is no hard inquiries. Every applicant is approved for an unsecured $1,000 credit line.
Where can I use Now Platinum?
Where can I use Now Platinum?
You can use Now Platinum at www.myuniqueoutlet.com
When will I get my card after I get approved?
When will I get my card after I get approved?
Normally within 7 business days.
What is the minimum payment?
What is the minimum payment?
You either have to pay $25 a month or 15% of the balance.
Customer Contact Information
PO Box 757
Hopwood, PA 15445
Phone Number (Customer Support)
1-888-805-7648How to Apply?
