First Progress Platinum Elite Mastercard® Secured Credit Card
Advertiser Disclosure
Credit Card Insider is an independent, advertising supported website. Credit Card Insider receives compensation from some credit card issuers as advertisers. Advertiser relationships do not affect card ratings or our Editor’s Best Card Picks. Credit Card Insider has not reviewed all available credit card offers in the marketplace. Content is not provided or commissioned by any credit card issuers. Reasonable efforts are made to maintain accurate information, though all credit card information is presented without warranty. When you click on any ‘Apply Now’ button, the most up-to-date terms and conditions, rates, and fee information will be presented by the issuer. Credit Card Insider has partnered with CardRatings for our coverage of credit card products. Credit Card Insider and CardRatings may receive a commission from card issuers. A list of these issuers can be found on our Editorial Guidelines.
First Progress Platinum Elite Mastercard® Secured Credit Card
Highlights & Features
Balance Transfers
A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.
| Intro Balance Transfer APR | None |
| Regular Balance Transfer APR | None |
| Balance Transfer Fee | See Terms |
Fees
| Penalty APR | None |
| Late Fee | See Terms |
| Returned Payment Fee | See Terms |
| Additional Cards Annual Fee | None |
| Foreign Transaction Fee | 3% |
Cash Advances
Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.
| Cash Advance APR | 25.74% Variable |
| Cash Advance Fee | Either $10.00 or 3% of the amount of each Cash Advance, whichever is greater |
ABOUT THE ISSUER
First Progress
Manage your Account & Pay your Bill
You can usually pay your bill online on your
Credit card issuer's websiteFirst Progress Platinum Elite Mastercard® Secured Credit Card
Highlights
- 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
- 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
- Credit Line Secured by Your Fully-Refundable Deposit of $200 — $2,000 Submitted with Application
- Just Pay Off Your Balance and Receive Your Deposit Back at Any Time
- 24/7 Online Access to Your Account
- Nationwide Program though not yet available in NY, IA, AR, or WI *See Card Terms.
The First Progress Platinum Elite Mastercard® Secured Credit Card could be a good option for anyone with no credit history or some major credit history blemishes, who wants to start building credit .
This is a secured credit card, so your credit line will be based on a refundable security deposit you’ll need to make after applying (of $200–2,000).
The card reports to all three credit bureaus every month to help you establish or re-establish a good credit history, and has a $29 annual fee.
