What's good
- Receive Your Card More Quickly with New Expedited Processing Option
- No Credit History or Minimum Credit Score Required for Approval
- Quick and Complete Online Application; No credit inquiry required!
- Includes Free Real-Time Access to Your Credit Score and Ongoing Credit Monitoring powered by Experian
- Full-Feature Platinum Mastercard® Secured Credit Card
- Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted
- Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
- Nationwide program; available in all 50 US states *See Card Terms.
- Get a fresh start! A discharged bankruptcy still in your credit bureau file will not cause you to be declined.
- Make 6-months of on-time payments & you’ll be invited to apply for an unsecured First Digital Mastercard!
What's bad
- No rewards
- No signup bonus
- Annual fee
- No Balance Transfers
Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Garrett Yarbrough, BankratePeople building credit for the first time or rebuilding from the ground up will find a fair match in the First Progress Platinum Elite Mastercard Secured Card. It’s easy to get a hold of with barebones credit history, but there isn’t much reward for the work with this option.
- Chauncey Crail, Robin Saks Frankel, ForbesThe card offers few features of the best secured cards and charges an annual fee for what it does provide. Many other but better options exist for those with no or bad credit history.
- Kim Pinnelli, SimpleMoneyLyfeIf you’re looking for a flexible secured credit card, the First Progress Platinum Elite Mastercard® is a good option. While there are cheaper options available, not everyone qualifies for them. First Progress doesn’t check your credit, so if you have bad (or no) credit, it may be your best option un...
- Compare CardsThe First Progress Platinum Elite 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 rewards, or additional perks and features.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 24.49% (Variable) |
| Balance Transfer Interest Rate | |
| Cash Advance Interest Rate | 29.49% (Variable) |
| Rates & Fees | |
| Annual Fee | $29.00 |
| Balance Transfer Fee | |
| Cash Advance Fee |
3% Minimum of $10 |
| Foreign Transaction Fee |
3% Of each transaction in U.S. dollars. |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$41.00 Maximum |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases | No |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Features & Benefits | |
| Additional Card Holders | No |
| Travel Accident Insurance | No |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | Yes |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | No |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | No |
| Wireless Payments | No |
| Virtual Cards | No |
| Additional Benefits |
24/7 roadside and travel assistance |
| Eligibility | |
| Minimum Security Deposit | $200 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
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