Reviews
First Latitude Select Mastercard® Secured Credit Card review
The First Latitude Select Mastercard® Secured Credit Card attends to customers trying to solve score problems. Check out our review to learn more!
Advertisement
This credit card has been deactivated by the issuer. The following information is provided solely for educational purposes.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Advertisement
Get a low-maintenance card and rebuild a healthy credit score!
Do you have a zero or low score? We’ll show you how to get a limit with First Latitude Select Mastercard® Secured Credit Card.
This product is one of the alternatives from the First Progress brand. They have different secured cards to assist credit rebuilders.
How to apply for the First Latitude Platinum card?
The First Latitude Select Mastercard® Secured Credit Card is a low budget option with a modest annual fee. Check our post to learn how to apply!
So, if you want to know more about it, keep reading this post to understand how to apply for this secured credit card.
- Credit Score: Poor/Limited/No Credit;
- Annual Fee: $39;
- Regular APR: 19.24% variable APR for purchases and 25.24% variable APR for cash advances;
- Welcome bonus: N/A;
- Rewards: 1% cash back on payments that are made to your account;
- Terms apply.
First Latitude Select Mastercard® Secured Credit Card: how does it work?
This First Latitude credit card is reasonable for clients that have been denied by other banks. Plus, you can request it online.
Unfortunately, there are no sign bonuses. And it charges a fee for international transactions. However, you don’t need a credit check to get accepted.
Talking about the limit, the Math is simple. It will equal the secured deposit, less the annual fee of $25.
To find out more, check our review on the pros and cons of this secured credit card below.
Advertisement
First Latitude Select Mastercard® Secured Credit Card: should you get one?
Above all, this credit card can save your ruined score. In order to decide, let’s consider a few things you can count on and some disadvantages.
Pros:
- Earn 1% Cash Back Rewards on payments made to your First Latitude Secured credit card account.
- Past credit issues shouldn’t prevent you from getting a credit card with great benefits & rewards!
- Choose your own fully-refundable credit line – $200 to $2000 – based on your security deposit.
- Build or rebuild your credit!¹
- Accepted wherever Mastercard® is accepted.
- Reports to all 3 credit bureaus.
- No minimum credit score required for approval!
- ¹Cardholders who keep their balance low and pay their credit card bill on time every month typically do see an increase in their credit score.
- *See Important Disclosures for complete offer details.
Advertisement
Cons:
- No welcome bonuses
- There is a fee for foreign transactions
- It doesn’t provide a mobile app
- Expensive interest rate
- The annual fee increases after the first year
Credit scores required
Since it’s a product that focuses on poor score applicants, a good score is not a requirement for this secured credit card.
Additionally, there is no past financial analysis. Instead, it takes a starting deposit of $100 to count as a credit limit.
First Latitude Select Mastercard® Secured Credit Card application: how to do it?
This review showed the details you need to make a good choice. Then after considering the pros and cons, you shall be able to decide if the First Platinum Mastercard suits you.
If it does, don’t miss our post below about how to apply!
How to apply for the First Latitude Platinum card?
The First Latitude Select Mastercard® Secured Credit Card is a low budget option with a modest annual fee. Check our post to learn how to apply!
Trending Topics
Types of loans: understand which one is best for you
Check out this guide to learn about the different types of loans available and find the one that's right for your needs. Read on!
Keep Reading
Stimulus Check: Get the scoop about this government program
Are you wondering what a Stimulus check is? Read our article for all the information you need on this governmental program. Check it out!
Keep Reading
Robinhood Investing is ready to take flight
Learn about the recent investments made in Robinhood and what this could mean for the future of the company. Read on for more!
Keep ReadingYou may also like
The Perfect Card for Savvy Spenders: Marshland Visa® Credit Card review
Are you a thrifty spender looking for a card to keep up with your lifestyle? Read our Marshland Visa® Credit Card review!
Keep Reading
The Business Platinum Card® from American Express application
Wondering if The Business Platinum Card® from American Express is right for your business? Read on to its eligibility and application.
Keep Reading
Bull vs bear market explained: understand how they affect you
In this article, we explore the bull vs. bear market, how they can impact your investments and the current state of the markets in the USA.
Keep Reading