Welcome to Millennium Bankcard - Accept Visa, Mastercard, American Express & Discover.... Apply today!


Merchant Account Frequently Asked Questions

1. How do I apply?
2. How long before I can start accepting credit cards?
3. When do I receive my money?
4. Can I have my money deposited into any checking account?
5. Do you have long term contracts?
6. What is a Discount Rate?
7. What happens after I fill out the Application?
8. What if I have a low credit score?
9. My business is located outside of the United States?



1. How do I apply?

Answer: Click here to Apply Now. Your application can be completed online and ready for review in minutes. Would you like someone to contact you,  let us know. You can also call our toll free hot line at 1.800-483-8815 for answers to any questions you may have.


2. How long before I can start accepting credit cards?

Answer: Apply Now - The approval process usually takes just 1-2 days. We will supply you with everything you need to get started immediately upon approval.


3. When do I receive my money?

Answer: You will be running transactions in real-time. This means your sales are approved within seconds! Your money will be directly deposited into your checking account within just 48-72 hours!


4. Can I have my money deposited into any checking account?

Answer: All of your money will be deposited into a personal checking account of your choice. Checking accounts will only need to be in the name of business if you are Incorporated, or a Non-Profit.


5. Do you have long term contracts?

Answer: Will I have to pay a fee for canceling my account? Millennium Bankcard has NO LONG TERM CONTRACTS! It is the industry standard to pay Early Termination Fees that can range anywhere from hundreds to thousands of dollars! Don’t be fooled with offers of a low discount rate only to incur hefty charges later. Millennium Bankcard has no penalties for canceling.


6. What is a Discount Rate?

Answer: Your discount Rate is the amount charged to a merchant by the bank for handling a transaction. It is a percentage of the total transaction amount. Millennium Bankcard offers extremely low rates. Just 2.25% for Internet accounts and 1.55% for Retail accounts.


7. What happens after I fill out the Application?

Answer: Once you Apply and your application is reviewed and approved, we provide you with everything you need to get started. Internet merchants will receive Login information for Authorize.net. This information will grant you access to your own online terminal and the gateway information needed for your website. Retail merchants will receive a credit card terminal that has been programmed with your account information. So you will be ready to go!


8. What if I have a low credit score?

Answer: Not a problem! While credit is a factor in determining approval, It is not the only factor. Millennium Bankcard has a 99% approval rate. Apply Now and let us work with you towards your approval today!


9. My business is located outside of the United States?

Answer: In order to apply with Millennium Bankcard you will need to have a business that is located inside the United States. Applicants must provide a US mailing address; a US issued Social Security Number, and have a US checking account.


An application takes only a few minutes to complete and can increase your sales dramatically within days!

Do you have Questions? We have Answers!
Contact us at 1-800-483-8815 or Apply Online with the Online Application

Internet Merchants
 

  • 2.25% Discount Fee
  • .29 Transaction Fee
  • $10 Statement Fee
  • $20 Gateway Fee
  • Free Setup
  • No Long Term Contracts
  • Lowest Rates Available
  • Fast Approval
  • Authorize.Net Logo
    Demo Virtual Terminal


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