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First Progress Platinum Elite Mastercard® Secured Credit Card
December 05, 2019
Anyone with poor credit or no credit can apply for the First Progress Platinum Elite Mastercard. The card requires applicants to pay a security deposit to get the credit line. The card will then be available anywhere that MasterCard is accepted. Monthly reporting to the credit bureaus makes it easy to establish credit history.
ANNUAL FEE:
$29*
ONGOING APR:
19.99% (Variable)*
INTRO APR:
N/A
The Platinum Elite Mastercard Secured credit card can be applied for by anyone. Regardless of credit score, everyone will be approved. There is no minimum credit score to apply. Instead, the bank requires a refundable security deposit from everyone. The credit line will be dependent on the amount of the security deposit that has been applied to the account.
Once the deposit is applied, the card will be printed and mailed out - usually within 5 days. The card is valid all over the world - at merchants, online and over the phone. The card also contains fraud protection and the ability to pay bills online. Account management is available online, allowing cardholders to check balances, view statements and more conveniently. To improve credit, the card submits to the three credit bureaus monthly.2004.4(200)
Intro APR
N/A
Intro APR Period
N/A
Credit Needed
Bad Credit OK*
Card Details
- Receive Your Card More Quickly with New Expedited Processing Option
- No Credit History or Minimum Credit Score Required for Approval
- 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
Editor's take
The Platinum Elite Mastercard Secured credit card can be applied for by anyone. Regardless of credit score, everyone will be approved. There is no minimum credit score to apply. Instead, the bank requires a refundable security deposit from everyone. The credit line will be dependent on the amount of the security deposit that has been applied to the account. Once the deposit is applied, the card will be printed and mailed out - usually within 5 days. The card is valid all over the world - at merchants, online and over the phone. The card also contains fraud protection and the ability to pay bills online. Account management is available online, allowing cardholders to check balances, view statements and more conveniently. To improve credit, the card submits to the three credit bureaus monthly.
Advantages
- High Secured Credit Line
- Credit reporting
- Card to build credit
- Platinum benefits
Disadvantages
- Annual fee
Basic Info
Card Issuer:
Synovus Bank
Card Network:
MasterCard®
Card Category:
Consumer (Secured)
Common Uses:
- Cards for Bad Credit
- Instant Decision Cards
Rewards Card:
No
Understanding basic credit cards information and terminology can be confusing. We are here to help.
Finance & Rates
Introductory APR (%):
N/A
Applied Towards:
N/A
Intro Period:
N/A
Regular APR:
19.99%*
Regular APR Type:
Variable*
Annual Fee:
$29*
Balance Transfer:
No*
APR on Cash Advances:
24.99%*
Grace Period:
25 Days*
Late Payment Fee:
See Terms*
Understanding cards finance, terms and common credit cards rates can be complicated. We can help.
Compare Similar Card Offers
Card
First Progress Platinum Elite Mastercard® Secured Credit Card
Annual Fee
$29*
Regular APR
19.99% (Variable)*
Intro APR
N/A
Rec. Credit Score
Bad Credit OK*
Comments
*Apply in just a few moments with no negative impact to your credit score; no credit inquiry will be recorded in your credit bureau file
IMPORTANT
The information provided for First Progress Platinum Elite Mastercard® Secured Credit Card is believed to be accurate at the time of evaluation or recent update on December 05, 2019. However, we strongly advise visitors to review the Terms and Conditions on card issuer website by following APPLY NOW link to verify the accurancy of the information posted prior to actually applying for this card offer.
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People that suffer from bad credit have been on the rise in the past couple of years. Improving one's credit score is integral. A good credit score means quite a lot of different things.
When you're the proud owner of good credit, you're eligible to apply for loans, mortgages, insurance, and other things. But, people tend to ruin their credit with bad purchases, and improving it can be quite a nightmare.
Lucky for you, there is a happy pill to the nightmare in question. The solution is the Fingerhut Advance card! It isn't only a card that gives you a fair amount of purchasing power; it's an essential tool that every proper credit rebuilding strategy needs to function.
The Fingerhut Company & Numerous Services
Fingerhut is a popular retailer that was founded back in 1948 and has been an integral part of any consumer's purchasing habit ever since. Fingerhut has built its reputability through years of hard work and dedication as a reliable seller with a catalog of vast quantities of items.
In the past couple of years, though, as everything has gone virtual, so has Fingerhut. Fingerhut Credit now offers an online catalog and a couple of different credit options, specially catered towards people who are looking to improve their credit score.
The Fingerhut family is continually adding options, services, and items. It shows no sign of stopping anytime soon. Fingerhut understands that people deserve a second chance at their credit score, and strives to provide it accordingly.
Fingerhut Credit Options
Fingerhut Shopping Credit Card
Fingerhut Credit offers two different credit options, and the first one we're going to discuss is its Advance Shopping Credit card.
This credit card is offered by WebBank, which has purchasing power only on Fingerhut and Fingerhut affiliated websites. It is a credit card primarily used for rebuilding credit. While its purchasing power is not that great, it is a straightforward, pure, and safe option.
The Fingerhut advance credit card is integral to an excellent credit strategy, and can help you:
- Manage your spending
- Improve your credit score
- Track and monitor your purchasing habits
- Reap plentiful interest
These are all very appealing to people who are not only looking to increase their credit score but improve their credit habits as well. This card, like all other cards and credit options available through Fingerhut, is entirely free to maintain, open, use, and implement into your purchasing arsenal.
Fingerhut FreshStart
Fingerhut is a firm believer in the second chance philosophy, and it shows this through its FreshStart option. While the acceptance ratings on the Advanced Credit card are very high, if you aren't eligible for one, you're automatically applied to the FreshStart Program.
Consider this as a one-off spending credit coupon that you can spend on items on the Fingerhut website. When you've paid this option off, you're eligible to apply for an Advance Credit Card, which allows you to reap even more credit-increasing benefits.
Both of these credit options report their spending and their pay-offs to all three major credit bureaus (see: Credit Reporting Cards), improving your credit alongside helping you upgrade it further.
Fingerhut Affiliates and Partners
There is one drawback to the utilization of the Fingerhut credit options. They're only applicable to Fingerhut and Fingerhut affiliates.
This means you can't use the card anywhere else. But, there is no reason to worry, as Fingerhut has a vast catalog of online retailers, and has quite the amount of brands and products affiliated with the site.
The most fashionable clothing and electronic brands are all available through Fingerhut Credit. People report that it is just like any other online retailer, with the credit-bonus twist. The shipping fees on these items might be a little bit higher than usual, but that is due to the generous credit options that this website offers.
Some of the popular brands affiliated with Fingerhut are:
- Samsung
- Keurig
- Dyson
- Seiko
- Skechers
- And many more!
Mobile App & Website
All Fingerhut Credit options are accessible through PC and Mobile devices. Mobile support comes in the form of an app for both IOS and Android users, while the website supports all major browsers.
Our Thoughts on Fingerhut Credit Options
Fingerhut Credit is a reliable and reputable provider of credit. It is an ideal way to improve your credit score, while not missing out on some fantastic purchasing opportunities. There is absolutely nothing to worry about except for paying your debt on time.
Transferring money to your Fingerhut card is also very simple, as Fingerhut offers different ways to do this. From all popular cards and accounts to the popular e-wallets, the range of support sure is vast. The card is also free to make, use, and maintain - so you have nothing to lose!
