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Over the Past 60 Days!
Regular Purchase APR
Intro Purchase APR
Intro BT APR
Typical Credit Needed
Foreign Transaction Fee
Balance Transfer Fee
Cash Advance Fee
3% of each cash advance; $10 minimum
$0 Fraud Liability
Auto Rental Insurance
Extended Warranty Program
Flight Accident Insurance
Lost Luggage Reimbursement
This card is great for rebuilding credit because it works as a full-feature Mastercard with a credit line based on your security deposit, not your credit score. This card was created with consumers who are building credit in mind. Credit card records will be reported to the major credit bureaus each month. Your minimum credit line starts at $200 and you can go as high as $2,000.
Some great perks to this card include automatic credit reporting, 24/7 online account access and no over limit fees apply. Some fees that come with this card include the annual fee of $39 and penalty fees for late and returned payments.
Applying is easy and applicants receive instant approval online, by phone or in person. Out of all the First Progress Platinum Secured cards offered, this one lies in the middle for the APR and annual fee.
The First Progress Platinum Select Mastercard® Secured Credit Card is an average secured card that can be used anywhere Mastercard is accepted and reports to the credit bureaus. It doesn’t offer much for additional perks and features.
Card holders will enjoy a 25 day grace period before having to pay interest on purchases.
If you spend frequently, it may take up to ten business days for a payment to post to your account, which is limiting in your available credit. This card also charges for foreign currency transaction fees.
Editorial Note: This content is not provided by First Progress. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by First Progress.