The First Progress Platinum Elite Secured Mastercard Credit Card could be a good option for those with a bad or next to none credit scores with no credit history or minimum credit score for approval required, this is virtually approve-able for every applicant who successfully provides the refundable security deposit and passes the identity verification. With Monthly reporting to all 3 major credit bureaus to help build credit and a low annual fee of $29. This is definitely a recommended secured card from out “Best Secured Card List.”
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Recommended Secured Credit Cards:
- Fifth Third Secured Mastercard
- USAA Secured Platinum American Express® Card / USAA Secured Platinum Mastercard®
- Capital One® Secured Mastercard®
Recommended Credit Cards:
This section is for cards recommended after you have the adequate credit score established:
First Progress Platinum Elite Credit Card Summary:
- Apply Now
- Best Feature: Build or Rebuild Your Credit History
- Annual Fee: $29
- Expiration Date: None
- Additional Advice: Set your own credit limit, which is secured by your deposit of $200 – $2,000
First Progress Platinum Elite Credit Card Features:
- Full-feature Platinum Mastercard secured credit card.
- No credit history or minimum credit score required for approval.
- Monthly reporting to all 3 major credit bureaus to help build credit.
- Set your own credit limit, which is secured by your deposit of $200 – $2,000.
- Deposit held at FDIC-insured bank.
- 24/7 access to your account online.
Conclusion:
The First Progress Platinum Elite could be a great option to get you on track for improving your credit score and fulfilling that credit history that lenders will deem responsible. There’s no one-time fee, no monthly fee, just a annual fee of $29. There is a 19.99% interest rate attached to the card. You will also be able to set your own credit limit , which is secured by your deposit of $200 – $2,000. It’s still advised that you pay off your balance each month. If this card isn’t for you, then don’t forget to check out our complete list of Credit Card Promotions today!