Is the Unique Platinum Card worth it? | February 2018

Review: Unique Platinum Card – February 2018

This expensive card could be a poor choice if you’re trying to build credit.

  • Get this card if… you want to shop at My Unique Outlet.
  • Pick something else if… you don’t want to shop at My Unique Outlet or you’re trying to build credit.

The basics

The Unique Platinum Card is a store card that can only be used at My Unique Outlet, an online retailer. Though approval requirements are lenient, the card can be very expensive over the long run.

When you open the card, you’ll pay a membership fee of $29.95. Then you’ll be enrolled in the My Services benefit plan for $19.95 a month. Over a year, this will cost $269.35 — a high price for any credit card.

What services come with the My Services membership plan?

My Services includes:

  • Daily discounts. Receive discounts on new products.
  • Legal assistance. According to Unique Card Services, you’ll receive “free and discounted legal care.”
  • Roadside assistance. Get access to towing, fuel delivery, lockout service, tire change service, jump-starts and winching.

Use the Unique Platinum Card at My Unique Outlet

The card comes with an unsecured credit line of $1,000. Use the card at My Unique Outlet to buy items such as:

  • Auto supplies
  • Electronics
  • Health and beauty products
  • Home and office products
  • Jewelry
  • Toys
  • Collectibles
  • Luggage

You’ll get a 0% APR on everything you buy with the card. However, you must immediately pay at least 15% of an item’s price on ordering. Also, watch out for processing fees, which aren’t specified in the card’s terms.

Should I get the Unique Platinum Card to build credit?

Unique Card Services doesn’t position the Unique Platinum Card as a credit builder. If you’re trying to raise your credit score, look for a secured credit card. You can find one that’s relatively easy to be approved for and that reports your payment history to all three major credit bureaus. If cost is a concern, look for a secured card with a low deposit.
The best secured credit cards of 2017

The nuts and bolts

Product nameUnique Platinum Card
Issuing bankUnique Card Services
Recommended credit score range300–619 (poor); consumers with new credit welcome to apply
Annual fee$269.35 — $29.95 membership fee and automatic enrollment in $19.95/mo. membership benefit plan
Signup bonusNone
Purchase APR0%
Intro purchase APRNone
Intro balance transfer APRN/A
Balance transfer feeN/A
Foreign transaction feeN/A
Cash advance rateN/A
Cash advance feeN/A
Penalty APRNone
Late payment fee$10
Returned payment fee$30
Overlimit feeNone
Maximum credit limit$1,000
Minimum interest chargeN/A

The perks

  • $1,000 credit line.

You’ll receive a $1,000 credit line to spend on My Unique Outlet purchases.

  • Easy approval.

You will be approved for the card as long as you meet these conditions:

  • You are a US citizen or resident.
  • You are at least 18 years old.
  • You have a valid debit or credit card.
  • You have the ability to make a monthly payment of $250 if you use your entire credit line.
  • You pay the enrollment fees.
  • No interest.

You’ll receive 0% APR on all purchases.

  • My Services monthly membership benefit plan.

The membership plan includes discounts on new products, roadside assistance and legal help.

What to watch out for

  • Card valid only at My Unique Outlet. The Unique Platinum Card is a store card that can be used only to shop from the online My Unique Outlet catalog.
  • Automatic membership enrollment. After you open the card, you’ll start paying $19.95 a month for the My Services membership. You can cancel this membership by calling 1-888-805-7648.
  • Initial membership fee. When you open your account, you must pay a one-time fee of $29.95. This includes the $19.95 enrollment fee and a $10 application fee.
  • Minimum monthly payment. Most credit cards charge only a few dollars for minimum monthly payments. With the Unique Platinum Card, you must pay at least 10% of your balance or $25, whichever is greater.
  • Fees for late payments. Late payments cost $10 each.
  • Fees for returned checks. Returned payments cost $30 each.

Consider other cards if…

  • You’re not interested in My Unique Outlet. Consider another card for your preferred stores. If you want a card you can use elsewhere, consider a general credit card.

What should I know before I apply?

To apply for the Unique Platinum Card, you must be at least 18 years old. You must also be a US citizen or permanent resident with no undischarged bankruptcies. You’re ineligible if you live in Wisconsin, Vermont or Indiana.

Information you’ll need

  • Your full name and contact information
  • Your debit or credit card information
  • Your mother’s maiden name

What credit score do I need?

Because the Unique Platinum Card requires no credit checks, you can qualify with any credit score.

How to apply for the Unique Platinum Card

1. Go to the Unique Platinum Card website. Enter your email address, agree to the terms and click Start Now.

Unique Platinum Card 1
2. Enter your full name, contact information and date of birth.

Unique Platinum Card 2
3. Choose whether to opt in for additional offers.

Unique Platinum Card 3
4. Enter your debit or credit card information and mother’s maiden name. Then click Submit to complete your application.

Unique Platinum Card 4

I got the card. Now what?

  • Keep up with payments. Your minimum monthly payment is at least 10% of your balance or $25, whichever is greater.
  • Avoid fees. Late and returned payments cost up to $30.
  • Customer service. For support, call the Member Services Department at 1-888-805-7648.

Bottom line

The Unique Platinum Card allows you to shop at My Unique Outlet, an online retailer, with 0% APR. However, given a required monthly membership fee, it’s expensive. It’s also a poor choice if you want to rebuild credit.

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8 Responses

  1. Default Gravatar
    YessamineOctober 12, 2017

    Can i pay utility bills with the unique platinum? And how long does it take for the card to come?

    • Staff
      JhezelynOctober 13, 2017Staff

      Hi Yessamine,

      Thank you for your comment.

      Unique Platinum Card does not allow you to pay utility bills. This is a store card that can be used only to shop from the online My Unique Outlet catalog. It may take approximately 10 business days from the application date to receive the card.

      I hope this helps.

      Regards,
      Jhezelyn

  2. Default Gravatar
    AdamsSeptember 6, 2017

    Can you use the card to shop at Walmart or any store? How long will it takes before I get the ATM card

    • Staff
      AnnaSeptember 7, 2017Staff

      Hey Adams,

      Thanks for your question! Unfortunately you can’t use a Unique Platinum Card to shop at Walmart or any other physical store — you can only use it to shop online at My Unique Outlet. Since Unique Platinum is a store merchandise card, you also won’t be able to use it to withdraw money from an ATM. It sounds like you might want to check out other credit card options, which you can do here.

      I hope this was helpful!

      Cheers,
      Anna

  3. Default Gravatar
    MaiyaAugust 25, 2017

    Can you with draw money at an ATM from this type of card?

    • Staff
      LiezlAugust 25, 2017Staff

      Maiya,

      Thanks for your question. No, you cannot withdraw money from this shop card. You may only use it when doing an online shopping at My Unique Outlet. If you’re looking for a card where you can make cash advances, you may check our credit card comparison page.

      Kind regards,
      Liezl

  4. Default Gravatar
    MagonAugust 20, 2017

    Will I receive a unique platinum card in the mail? How do I find out my card number til my card comes in? Bc I only have an account number right now

    • Staff
      HaroldAugust 21, 2017Staff

      Hi Magon,

      Thank you for your inquiry.

      The card is sent by mail to the customer after approval. Also you can check the card’s number that is printed on the front of the card.

      I hope this information has helped.

      Cheers,
      Harold

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