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?
- 1% Cash Back Rewards on payments.
- Choose your own credit line – $200 to $2000 – based on your security deposit.
- Build your credit score.¹ Reports to all 3 credit bureaus.
- No minimum credit score required for approval!
- Cardholders 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!
About the author / José Gonçalo
Trending Topics
Fortiva® Mastercard® Credit Card with Cashback Rewards full review: should you get it?
Meet the Fortiva® Mastercard® Credit Card with Cashback Rewards, a card that gives you incredible cash back. Check our review to learn more!
Keep Reading
Credit cards for fair credit: choose the right card for you
Choosing the right credit card is essential, regardless of your score. Here are 6 excellent credit cards for those with fair credit scores.
Keep Reading
Apply for the Single Family Housing Guaranteed Loan Program: find out how
Apply to Single Family Housing Guaranteed Loan Program and build your own home paying low interest on a government-guaranteed loan.
Keep ReadingYou may also like
Apply for Rescue One Financial: Ease Your Debt Today!
Learn how to apply for Rescue One Financial. Simple steps for debt relief, expert guidance, and a solution toward achieving your goals.
Keep Reading
Personal loan: what is it and how does it work?
Understanding what is a personal loan gives you the ability to use this resource intelligently and escape unnecessary debt. Learn more here!
Keep Reading
Chase Freedom® Student card: check out how to apply!
Apply for the Chase Freedom® Student card and get a card designed for students: no annual fee and a cashback with rewards on all purchases.
Keep Reading