Reviews
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:
Advertisement
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.
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.
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!
Trending Topics
College Ave Student Loan: find out how to apply!
Apply to College Ave Student Loan and get great APR for any student level, up to 15 years of repayment, and no additional fees. Know how!
Keep ReadingFirst Digital Mastercard®: check out how to apply!
Apply for the First Digital Mastercard® to get an opportunity to build your credit even with a low score. Learn more!
Keep ReadingStimulus Check 2023: What to do if you still didn’t get it
What to do if you didn't get your Stimulus Check? Most likely, you are eligible for this help. Find out how to apply before it's too late!
Keep ReadingYou may also like
Mission Money™ debit card: check out how to apply!
Learn how to apply for Mission Money™, a debit card that doesn't check your credit score and has no annual or foreign transaction fees!
Keep ReadingUp to $40K: Apply for LendingClub Personal Loan
If you need a loan with amounts of up to $40,000 and no prepayment penalties, read on to learn how to apply for LendingClub Personal Loans!
Keep ReadingBMO CashBack® Mastercard® or BMO CashBack® World Elite® Mastercard®: discover your best fit
BMO CashBack® Mastercard® or BMO CashBack® World Elite® Mastercard®? We did a survey to tell you which one is best for you!
Keep Reading