A collapsible and portable cart for universal use in a wide variety of residential and commercial environments, transporting different and various items, while shopping, gardening, laundry, transporting boxes or luggage, etc. The cart has base portion with wheels, which enable to move over the ground and a first foldable basket for heavy loads; and the rapper portion, that has a second foldable basket. Base portion is pivotally connected to the upper portion by link arms and secured by locking mechanisms. Both baskets have locking mechanism to keep the foldable screens in an upright position. The portable universal cart includes a receptacle with compartments, having different devices, to make the use of the cart more pleasing, safe and with more comfort for the user. The portable universal cart has different configurations according the user's need.