If you're looking for a credit card that offers a variety of benefits, you should consider the First Progress Platinum Elite Mastercard. This secured credit card comes with many advantages. However, there are some complaints about its customer service, lackluster rewards program and delayed delivery. First Progress offers four types of credit cards: secured, unsecured, and platinum elite.
Credit line
First Progress Platinum Elite Mastercard provides excellent credit building potential. There is no credit check and you can choose from a range of credit lines between $200 and $2,000 depending upon your financial situation. All three credit bureaus can also be reported to the card.
Low APR
First Progress Platinum Elite Mastercard is a great choice for people looking to build credit. It has a low APR which makes it an attractive option. The card is a full-featured account that offers a revolving credit line based on the security deposit. You can also monitor your credit score. You can pay from your bank account.
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 is ideal for those with poor credit ratings or limited credit histories. To reduce default risk, the card comes with a minimum $200 security deposit.
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. You should consider looking elsewhere if you are looking for the lowest APR secured credit cards. 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 needed
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. You get 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 charge
First Progress Platinum Elite Mastercard has a minimum deposit of $200. You can deposit as much as $2,000, depending on your credit situation. 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.