First Progress Platinum Elite Mastercard has a number of benefits that will appeal to you if your search for a creditcard with many benefits is over. This secured credit cards has many positive aspects, however, negative reviews have been received due to poor customer service, a lack of rewards program and delayed card delivery. First Progress offers four types: unsecured credit card, secured credit card, platinum elite credit card, and a platinum elite credit card.
Credit line
First Progress Platinum Elite Mastercard offers outstanding credit building potential. There is no credit screening and you can choose between $200 and $2,000 depending your financial situation. All three credit bureaus can also be reported to the card.
Low APR
First Progress Platinum Elite Mastercard has a low annual percentage rate, making it an ideal choice for those who want to build good credit. This card offers full-featured accounts that offer a revolving credit limit based on the security deposit. It also provides credit score monitoring for free. You can pay from your bank account.
No rewards program
First Progress Platinum Elite Mastercard is free of any rewards program, minimum credit score requirements, and annual fees. This secured card is suitable for people with limited credit history or bad credit. The card comes with a $200 minimum security deposit to reduce the risk of defaulting on payments.
No intro APR offer
The First Progress Platinum Elite Mastercard's no intro APR offer is great, but you shouldn’t expect it comes with a zero-introductory APR. If you are looking for the lowest interest rate on a secured card, there is another option. For people with poor credit, the Platinum Elite Mastercard is a good choice. The card is open to anyone with any credit score, regardless of their past credit history. Simply fill out the application, make a payment, and then click the button to go to payment.
No credit score required
First Progress Platinum Elite Mastercard can be a great option for people who are looking for a secured loan card that doesn't require a high credit score. It comes with zero liability protection, rental car collision damage waiver and extended warranty coverage. You also get a monthly FICO credit score for free and no foreign transaction fees.
No annual fee
First Progress Platinum Elite Mastercard is secured credit card. Minimum deposit required: $200 Dependent on your credit, you can deposit as high as $2,000 There is an $29 annual fee, which is higher than other secured cards. However, this credit is a good choice for those looking to improve their credit scores.