Reviews
First Progress Platinum Prestige Mastercard® Secured Credit Card review
Do you need a credit card but have bad credit? Check out our review to learn about the First Progress Platinum Prestige Mastercard® Secured Credit Card!
Advertisement
Low-interest rate and accessible score requirements!
If you have a ruined score, getting approval for a credit card can be a challenge. After all, why would a bank accept it? The First Progress Platinum Prestige Mastercard® Secured Credit Card came to save your bad credit.
How to apply for the First Progress Platinum card?
Looking for a credit card for bad credit? Read more to learn about the First Progress Platinum Prestige Mastercard® Secured Card application!
It is the perfect opportunity to rebuild your score and help your finances at the end of the month. With the distance of a quick online application, your card will be in hand in just a few days. Stay tuned to understand how!
- Credit Score: Poor/Limited/No Credit.
- Annual Fee: $49.
- APR: 14.24% (variable) for Purchases and 23.24% (variable) for Cash Advances.
- Welcome bonus: No welcome bonus.
- Rewards: 1% cashback (terms apply).
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
Advertisement
First Progress Platinum Prestige Mastercard® Secured Credit Card: how does it work?
The Platinum Prestige Mastercard® Secured Credit Card is based on a refundable $200-2000 security deposit.
Because the score requirements are more accessible, there are great chances that your card will be approved within a few hours.
After that, covering expenses in transportation, food, entertainment and all sorts of services will become easier.
So, even if you don’t have good credit, you will be able to purchase things online and in stores all over the American territory.
Still, it is important to analyze the costs involved because they may not suit every pocket. Don’t forget the annual $49 fee, the 14.24% variable APR for Purchases and the 23.24% variable APR for Cash Advances.
For this credit card, a bank account is necessary to hold monthly payments. There are no welcome bonuses.
But when it comes to credit rebuilding, the Platinum Prestige Mastercard® Secured Credit Card is a handy tool since it reports bank transitions to the three main credit bureaus.
First Progress Platinum Prestige Mastercard® Secured Credit Card: should you get one?
If you end up with bad credit, the Platinum Prestige Mastercard® Secured Credit Card is a possible way to assist you in getting a limit back. If you don’t have a credit history yet, the bank offers the same conditions.
To help you decide whether or not this card is a good choice, we have gathered some features and drawbacks you should consider before applying. Let’s take a look:
Advertisement
Pros:
- Earn 1% Cash Back Rewards with First Progress Prestige!
- Apply now and fund your security deposit over 90 days with the option to make partial payments.
- You Can’t Rebuild credit with a Debit Card. Try First Progress Today! ¹
- Build your credit history across 3 major credit reporting agencies: Equifax, Experian and TransUnion.¹
- All credit types welcome to apply!
- 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.
- Pay 6-months-on-time and apply to get a second credit card!
- Secured Cards are a great way to start establishing credit for people with low/no credit scores¹
- Get a fresh start! A discharged bankruptcy in your credit file will not cause you to be declined
- Past credit issues shouldn’t prevent you from getting a credit card with great benefits & rewards!
- See your VantageScore®+. Easy, Free Access to Credit
- Education in the First Progress Card Mobile App!
- Receive your card more quickly with the new expedited processing option
- User-friendly Mobile App
- Accepted throughout the U.S. and online
- Accepted wherever Mastercard® is accepted
Cons:
- $49 Annual fee
- Requires qualified bank account
- No welcome bonus
- $200 security deposit required
Advertisement
Credit scores required
The credit score requirements are broad, meaning you can request the card even with a poor rating, or even no credit!
First Progress Platinum Prestige Mastercard® Secured Credit Card application: how to do it?
After considering the advantages and disadvantages of the Platinum Prestige Mastercard® Secured Credit Card, you’ve seen that recovering credit and restarting your finances is simpler than you thought.
Click the link below and find out how to apply!
How to apply for the First Progress Platinum card?
Looking for a credit card for bad credit? Read more to learn about the First Progress Platinum Prestige Mastercard® Secured Card application!
Trending Topics
Learn to apply easily for the Flagstar Bank Mortgage
Learn how to apply for a Flagstar Bank Mortgage. Enjoy several loan options and affordable pricing! Keep reading to learn more!
Keep ReadingEarn up to 5% cash back: Apply for Instacart Mastercard® today
Apply for the Instacart Mastercard® quickly with our guide. Elevate your grocery shopping experience and enjoy exclusive rewards. Read on!
Keep ReadingA guide to the best online banks in Canada 2022
Learn what you need to know about the best online banks in Canada and make an informed decision about your finances. Read on for more!
Keep ReadingYou may also like
What is a mortgage and how does it work?
What is a mortgage? Find the answer to this question, understand how it works, and how to apply for one. Read on!
Keep ReadingA 101 guide on what is cryptocurrency: start investing now!
If you want to keep up with the crypto market, you need to know what cryptocurrency is. We'll tell you everything about it in this article.
Keep ReadingEarn more: Marriott Bonvoy Business® American Express® Card review
Discover the ultimate business hotel card with our Marriott Bonvoy Business® American Express® Card review - earn valuable points!
Keep Reading