First Progress Platinum Elite Mastercard offers a wide range of benefits and is the best credit card for you if you are looking to get a credit card with a variety. While this secured credit card offers numerous advantages, it has received some negative reviews because of its poor customer service, 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, a secured credit card with excellent credit-building potential, is available. There is no credit screening and you can choose between $200 and $2,000 depending your financial situation. The card can be reported to all three credit bureaus.
Low APR
First Progress Platinum Elite Mastercard boasts a low interest rate which makes it a great option for people looking to improve their credit score. The card comes with a full-featured feature that includes a revolving loan line and a security deposit. It also provides free credit score monitoring. You can make payments from your bank account, eliminating the need to find a separate payment vendor.
There is no rewards program
First Progress Platinum Elite Mastercard does not have a rewards program, a minimum credit score, or an annual fee. This secured credit card can be used by people with poor credit and limited credit histories. 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 offers a great deal with no intro APR. However, it shouldn't come with a zero initial APR. If you want the lowest APR for a secured credit card you should look elsewhere. For people with poor credit, the Platinum Elite Mastercard is a good choice. It is possible to apply for the card regardless of your credit score or past history. Fill out the application and make a deposit before clicking on the "Go to Payment" button.
No credit score required
First Progress Platinum Elite Mastercard, a secured credit card that does not require a credit score, is a great option for those looking for one. It includes zero liability protection and rental car collision damage waiver. It offers an unlimited monthly FICO credit score, and there are no foreign transaction charges.
There is no annual fee
First Progress Platinum Elite Mastercard has a minimum deposit of $200. Your credit history may dictate that you can deposit upto $2,000 However, there is an annual fee of $29, which is more than most other secured cards. However, people looking to improve or enhance their credit score will find this credit card a good option.