Unique Platinum

The Unique Platinum Card is exactly as it sounds - unique. This is a card that is designed for individuals who have been turned down for credit again and again and who just want to have a credit card.

What makes this card so unique is that it provides individuals with a merchandise credit line that is used in the company's merchandise outlet. The products are reasonably priced and the unsecured credit line is rather modest, allowing for immediate use in the store. No credit check is required and payments are reported to a major credit bureau.

Basically, there are a number of unique benefits when compared to other merchandise credit lines. They are the fact there are never any finance fees, cardholders are given access to 24/7 Roadside Assistance, there is a Legal Assistance Program, and there are Daily Deals Discounts.

The Roadside Assistance includes towing, lock-out assistance, tire change, fluid delivery, winching, jump starts, and is available anywhere and at any time. This service is provided by Signature's Nationwide Auto Club, Inc.

The Legal Assistance includes a full suite of services, such as no time limit to initial phone consultations, no limit to face-to-face consultations, the review of up to 6 pages of legal documents with no limit to the number of new documents needing reviewed, simple will and living will preparation, assistance with representation in small claims court, and assistance in solving issues with government programs.

The Daily Deal Discounts include discounts in thousands of cities around the world, personalized discounts that meet your needs, and access to a mobile application that helps find discounts no matter where you are in the world.

As for the technical aspects of the card, there is no APR for purchases. This means that there is no variable interest rate, no minimum finance charge, or anything of that sort. There is also no transaction fee for purchases since the purchases are made in their own store, and no fees for exceeding the credit limit since the company will not allow the card to be used for more money than what is available on the card.

The only fees that are not optional are the small membership fee, which is to be paid for by a means separate from the card. There is also a monthly fee for services, which is deducted from the account balance rather than paid separately. If you would decide to cancel the account within 30 days of enrollment, you are entitled to a refund of the membership fee as long as there is not an unpaid balance on the card.

The optional fees are the late payment fee and the returned check fee, which can go hand-in-hand if the returned check is not resolved by the due date.

To apply for this card, you have to be 18 years of age and a U.S. Citizen or a permanent resident. You must also not have any bankruptcies that have not yet been discharged. Membership is also not extended to residents of Indiana, Vermont, and Wisconsin. Aside from these three states, the card issuer complies with the fair credit practices of the remaining states.

In regards to the merchandise that you have access to, there are hundreds of items. There are electronics, jewelry, kitchen items, tools, decorative items, children's items, baby items, health and beauty, movies, music, office, pets, sporting goods, and much more. Item prices are very comparable to market value and, in some cases, they are even cheaper, which is something that cardholders can enjoy. This is just another perk of having the card. If you want an item that your card will only partially cover because there are not enough remaining funds, Visa and MasterCard is accepted to cover the difference.

As you pay your balance down and free up the credit line, you are able to charge more merchandise to the card or you can simply leave as much of your credit line open as you wish. You are given a large enough credit line that you have a certain degree of flexibility.

The review prepared by CreditCardsCo™. Opinions expressed therein are solely those of the reviewer.