The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

First Electronic Bank provides credit products for individual consumers, including credit cards and installment loans. The state-chartered industrial bank only offers one credit card, the Destiny Mastercard® - $700 Credit Limit.

First Electronic Bank Credit Cards in 2023

  • Destiny Mastercard® - $700 Credit Limit

    A bare-bones last resort card for building credit

    • NoneRewards Rate
    • See terms*APR
    • See terms*Annual Fee
    • Poor–FairRecommended Credit

Rules for Applying, Acceptance & Welcome Bonuses

If you’re trying to apply for a First Electronic Bank credit card, MoneyGeek answers some of the most commonly asked questions about the issuer’s terms and rules to help you determine if First Electronic Bank fits your needs.

Other Considerations About First Electronic Bank

Before applying for a credit card from First Electronic Bank, be sure to consider factors like customer satisfaction, online services, security and more.


Customer Service & Satisfaction

First Electronic Bank issuer provides access to customer service through email, while the Destiny® Mastercard® toll-free customer service phone number for questions or concerns.

Mobile Apps & Online Services

The Destiny® Mastercard® has a website where you can create an account, manage your card and send payments. In the United States, you can use your Destiny® Mastercard® in-store, in-app or online anywhere Mastercard is accepted.

Security & Credit Monitoring Services

If there is any unauthorized use of your card, you are protected with zero fraud liability. You need to either call or write to Destiny® Mastercard® if this happens.

Loyalty Programs & Other Issuer Perks

First Electronic Bank doesn’t issue many benefits or any loyalty programs. However, a benefit of Destiny® Mastercard® is that individuals with poor credit scores don’t need to pay a security deposit. You can also get a speedy pre-qualification, getting your result within 60 seconds.

The Destiny® Mastercard® also reports to all three major credit bureaus. This will help cardholders rebuild their credit score if used responsibly.

Authorized Users

It’s possible to add an authorized user to your Destiny® Mastercard®. No additional fees are listed in their cardholder agreement.

Purchase Protection

First Electronic Bank doesn’t offer purchase protection for the Destiny® Mastercard®.

Co-Branding & Partnerships

With the Destiny® Mastercard®, First Electronic Bank doesn’t have any co-branding or partnerships.

Other Products Offered

Aside from the Destiny® Mastercard®, First Electronic Bank also offers installment loans and GenesisCredit.

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"When you're first starting out with credit, getting a credit card from an issuer like First Electronic Bank may be easier than a more well-known bank. Using the card responsibly by making all payments on time and keeping your balances low will help you grow your credit score so that you can qualify for other cards with more attractive features and benefits."

- Lee Huffman, credit card expert at

Still Not Sure About This Issuer? Consider These Options.

If you’re still on the fence, try other issuers, the best cards for bad credit or student credit cards that better fit your needs.

*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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