What's good
- Easy pre-qualification process with fast response
- Less than perfect credit is okay
- Online servicing available 24/7 at no additional cost
- Unsecured credit card, no security deposit required
- Account history is reported to the three major credit bureaus in the U.S.
What's bad
- No rewards
- No signup bonus
- High variable APR for purchases
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...
- Brett Holzhauer, MoneyGeekWe only recommend getting the Indigo Mastercard to people who are having a hard time qualifying for other cards or who need to improve their credit scores. It's a great starter card that should open up doors for better offers.
- Josh Patoka, Best Wallet HacksThe Indigo Platinum Mastercard can be an easy way to build credit when you don’t have the funds for a security deposit. Because it’s a Mastercard, it also comes with the peace of mind of near-universal acceptance. But you must be comfortable with the potentially high annual fee, high APR, and low cr...
- Robin Kavanagh, FinanceBuzzThe Indigo MasterCard is likely best for those who have poor or fair credit scores and have not had much success being approved for other unsecured credit cards. Those with bankruptcies and other negative marks on their credit records could stand a decent chance at approval.
- Thomas (TJ) Porter, MyBankTrackerThe Indigo Platinum Mastercard is designed for people who want an unsecured credit card that can help them build or rebuild their credit. However, that doesn’t mean that it’s the best card for those purposes. Its high fees and lack of perks doesn't make it a strong choice. Most people may be better...
- Dawn Papandrea, Matthew Klammer, The BalanceIf you need to establish or rebuild your credit and don’t have the cash on hand to put down a security deposit, the Indigo Platinum Mastercard might be worth checking out. You’ll first need to fill out a prequalification application, which will help determine whether or not you may qualify without c...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 24.9% |
| Balance Transfer Interest Rate | |
| Cash Advance Interest Rate | 29.9% |
| Rates & Fees | |
| Annual Fee | $0.00 - $99.00 |
| Balance Transfer Fee | |
| Cash Advance Fee |
5%
|
| Foreign Transaction Fee |
1% Of each transaction in U.S. dollars. |
| Over Limit Fee |
$40.00 Maximum |
| Late Payment Fee |
$40.00 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 | No |
| Zero Liability | Yes |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | No |
| Price Protection | Yes |
| Fraud Protection | Yes |
| Free Credit Scores | No |
| Wireless Payments | No |
| Virtual Cards | No |
| Additional Benefits |
- Road Assistance - Travel assistance services - Choose your custom card design for free |
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| 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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