Indigo® Unsecured Mastercard® - Prior Bankruptcy is Okay
Unsecured card accepting those with pior bankruptcy to rebuild credit
Updated: Apr 14, 2023
If you think that your prior bankruptcy renders you unable to get back on track and build a good credit score, get ready for a surprise. With Indigo Unsecured Mastercard® - prior bankruptcy is okay. This card is custom-tailored to help people in a difficult financial situation get back on track and appear trustworthy yet again. The card is issued by Celtic Bank and serviced by Genesis FS Card Services. These two financial institutions have an impeccable reputation, and so far, they've helped countless clients get control over the financial aspects of their lives. The card can be acquired via an online application. It all starts with a pre-qualification process. The application form is very simple, and you can expect to receive a reply from the issuer in less than a minute.
The issuer is known to approve cards even to people with bad credit scores or prior bankruptcy in credit history. During the pre-qualification process, the issuer will make a soft inquiry into your credit history, which won't reflect on your score. As long as you make your payments, you can use this card to rebuild your credit. The best thing about it is that the issuer reports your payment history to all three major consumer credit bureaus.
This card is not available right now.Compare Similar
Intro APR Period
Recommended Credit Score
- An unsecured card perfect for everyday purchases
- Pre-qualifying today will not affect your credit score
- Less than perfect credit histories can qualify
- Prior bankruptcy OK
- Now with higher credit limits
- Fraud protection for stolen or lost cards
- Account history is reported to the three major credit bureaus in the U.S.
This Indigo Unsecured Mastercard® is designed for people with prior bankruptcy in their credit history and helps to rebuild credit again.
Who Is This Indigo Prior Bankruptcy Okay Card For?
Do you think that getting an unsecured Mastercard® is borderline impossible when you have a prior bankruptcy on your file? Indigo Unsecured Mastercard® makes it possible even for people with bankruptcy in their credit history to get a credit card and use it to build a credit score. The card is serviced by Genesis FS Card Services and issued by Celtic Bank. The issuer sends regular reports of your purchasing history to three major bureaus. You can put this card to smart use and leverage good reporting practices to get your credit score on its feet again. Since it is an unsecured card, you won’t have to put any sort of collateral. When you don’t have to worry about making a deposit, you can plan your monthly budgets with greater ease.
- Unsecured Mastercard
- Accepts prior bankruptcy
- Credit reporting
- Fast response times
- Soft credit inquiry
- Variety of Mastercard benefits
- High, variable annual fee
- High interest rates
What are the Main Benefits?
- Unsecured Mastercard®. The major advantage of using Indigo Unsecured Mastercard® is that you won’t have to make a deposit. This card will help you achieve your financial freedom and build your credit score without collateral. Unsecured cards rate better with credit bureaus than secured credit cards (explained). It will help you appear more responsible and trustworthy.
- Accepts prior bankruptcy. The fact that you can get an unsecured Mastercard® even with a bankruptcy on your file is fantastic. There are only a handful of issuers willing to give people with financial problems another chance. With this Indigo card, you will have no problems getting a credit card if you have sunk your financial ship in the past.
- Credit reporting. The issuer of this Indigo Mastercard® sends reports to all three major credit bureaus in the U.S. This is very important as you will be able to gradually increase your score with all relevant bureaus. Once your score is good, you can apply for credit cards with more attractive features.
- Soft credit inquiry. When you are applying for an unsecured card, you have to worry about one more thing – will the issuer make a hard or soft inquiry in your credit history. Indigo Mastercard® issued by Celtic Bank only makes soft inquiries for clients pre-qualifying for the card. Your credit history will remain intact, and the inquiry won’t show up on your file until you actually submit the application
- Fast response times. At last, we have to mention the pre-qualification process, which is, above all else, has surprisingly fast response times and super convenient. You can initiate the pre-qualification process online as long as you are at least 18 years old.
- Variety of Mastercard® benefits. With this card in your hand, you will also have access to standard Mastercard® benefits: Zero Liability Protection, Mastercard® ID Theft Protection, and Mastercard® Global Service.
Are There Any Disadvantages?
When it comes to disadvantages, this card doesn’t have much. There are a few though you should be aware of.
- High annual fee. First, there is a high annual fee. The issuer will assess your current credit and financial habits and offer you an appropriate annual fee for the first year. The annual fee will change after the first year.
- High-interest rates. The standard interest rate for this card is rather high, too.
If you choose to use this card, it is of utmost importance to pay your bills on time. Otherwise, you will have to pay your bills plus added interest charge for the period you were late with payments.
Should you get Indigo Card with Prior Bankruptcy?
Getting approved for an unsecured card with prior bankruptcy in your credit history is extremely hard. You should consider using this card if you had to declare bankruptcy in the past, as it has low requirements and reports to all three important credit bureaus. Thanks to this card you will be able to regain control of your finances and yet again become viable to apply for more rewarding offers in near future.
Other Indigo Cards from Celtic bank
|Review:||Full Card Review|
|Best Used For:||
|Regular APR Type:||Variable|
|Annual Fee:||See Terms|
|APR on Cash Advances:||See Terms|
|Grace Period:||25 days|
|Late Payment Fee:||Up to $40|