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First Progress Platinum Select Mastercard® Secured credit card full review
To build or rebuild your credit, you need the right tools. Discover the First Progress Platinum Select Mastercard® Secured credit card and all it can do for you:
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Your financial life starts (or restarts) right here, with a really low APR
Indeed, building or rebuilding credit can become a daunting task. However, if you’re on the go, count on the First Progress Platinum Select Mastercard® Secured credit card for help.
Understand how this credit card can help you build your credit. Read this full review!
First Progress Platinum Select Mastercard® Secured card: check out how to apply!
Apply for a First Progress Platinum Select Mastercard® Secured card and have the chance to build your credit. Learn how to apply!
| Credit Score | No minimum score required |
| Annual Fee | $39 |
| Regular APR | 19.24% (variable for purchases); and 25.24% (variable for cash advances) |
| Welcome bonus | None |
| Rewards | 1% cashback (terms apply) |
First Progress Platinum Select Mastercard® Secured credit card: learn more about this financial product
In effect, imagine that building credit is like climbing a mountain. No climber who wants to do this safely chooses his tools at random; on the contrary. The most suitable tool is chosen for that specific challenge.
Well, if your challenge is to build or rebuild credit, here is an extremely suitable tool. In fact, the First Progress Platinum Select Mastercard® has all the basic services you need.
First is the essential issue of a report to the main credit bureaus. However, that is not all.
This card offers a very low APR rate. That way, if you can’t make a payment in any given month, you won’t fall into a debt abyss.
This is a secured card. For this reason, an initial deposit of at least $200 is required to start using this card. When your mission is accomplished, you will be able to recover your security deposit in full.
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First Progress Platinum Select Mastercard® Secured credit card features
Learn more about this card designed to help you improve your credit. Take a look at the main advantages and disadvantages of this product:
What are the benefits?
- Get a First Progress Select Card and Earn 1% Cash Back Rewards!
- Secure your credit line with your refundable security deposit – choose from $200- $2,000 – with the ability to increase up to $5,000 over time!
- Choose the First Progress Select Card for a lower annual fee!
- All credit types welcome to apply!
- Build your credit history across 3 major credit reporting agencies: Equifax, Experian and TransUnion.¹
- 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
- 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.
And what are the drawbacks?
- To use it, you need to pay an annual fee of $39 from the first year;
- 3% fee for foreign transfers;
- You are required to make a minimum initial deposit of $200;
- There is no clear way to obtain an unsecured card.
What credit score do you need to get the First Progress Platinum Select Mastercard® Secured credit card?
There is no minimum credit score and no inquiry into your credit history. So your score won’t be a problem.
How does the First Progress Platinum Select Mastercard® Secured card application process work?
Want to know how to start your journey to a better credit score? Check out our post below to learn how!
First Progress Platinum Select Mastercard® Secured card: check out how to apply!
Apply for a First Progress Platinum Select Mastercard® Secured card and have the chance to build your credit. Learn how to apply!
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