Indigo® Mastercard® for Less than Perfect Credit

Updated: Apr 01, 2021

Advertiser Disclosure

The Indigo Platinum Mastercard for Less than Perfect Credit is specifically designed for those looking for opportunities to improve their standing with credit bureaus. The card will enable you to appear as a trustworthy consumer and help you demonstrate healthy and responsible use of credit.

This card is issued through Celtic Bank and serviced by Genesis FS Card Services. Both of these companies are reliable financial institutions, and they have helped thousands of clients improve their credit scores. Anyone can qualify for this Indigo Mastercard. The company has a worldwide acceptance policy. Clients can apply via the official website and benefit from the fast pre-qualification process. It is designed to get insight into applicants' credit history without making an impact on credit score.

The Platinum Mastercard holders have access to Platinum Account Management. This online platform allows cardholders to monitor their accounts in real-time, pay bills, check balances, and view transactions. Being a Mastercard means that you will be able to use it on your travels and seize every opportunity to improve your credit. Basically, anywhere you see the Mastercard logo, you can use your card. Currently, it is supported in 210 countries and over 33 million locations.

ANNUAL FEE

See Terms

ONGOING APR

24.90%

INTRO APR

N/A

336 User Ratings

Indigo® Mastercard® for Less than Perfect Credit

at Indigo's Secured website

Apply Now

Introductory APR

N/A

Intro APR Period

N/A

Minimum Credit Score

Fair

Key Features

  • Pre-qualify for a card today and it will not impact your credit score
  • Less than perfect credit is okay
  • Mobile account access at any time
  • Fraud protection for stolen or lost cards
  • Account history is reported to the three major credit bureaus in the U.S.

Our Take

Indigo Mastercard for Less than Perfect Credit is a starter credit card specifically tailored to help people with poor or bad credit get back on their feet and build credit history.

Who is this Indigo Card for?

If your credit score stands between you and getting financial freedom, the Indigo Mastercard for Less than Perfect Credit offers everything you need to build a credit score from the ground up. The issuer of this card is Celtic Bank, while the card is serviced by Genesis FS Card Services. These financial institutions are known for their credibility and longstanding history in helping people get their credit scores back to the “good category“.

Pros

  • Low requirements to apply
  • Credit score building toolkit
  • Fast online pre-qualification
  • No security deposit required
  • High security

Cons

  • Costly annual fee
  • High APR
  • Late payment fee higher than the industry average

Indigo Card for Less than Perfect Credit Benefits

  • Low requirements to apply. The most important advantage to consider here are the low requirements the issuer had when it comes to approving applications of clients. To apply and get this card, your credit score doesn’t have to be pristine. Even if your credit is in the “bad” category, you will still be able to acquire and use this card.
  • Credit score building toolkit. What makes this card even more desirable in the credit score building toolkit is its reporting practices. The issuer will send regular reports to all three major consumer credit bureaus in the U.S. Your history with all three credit bureaus will be improved, which will result in a higher credit score.
  • Fast online pre-qualification. People with poor and bad credit scores have to wait too long sometimes even for several weeks before the issuer responds to their application. With Indigo, you will have your answer in no time. Thanks to the online-based prequalification process, you will be able to submit a pre-application and get a response ultra fast. The issuer will check whether you can apply for the card or not. While the prequalification process is ongoing, there will be no hard inquiries made into your credit history. Your credit score will remain just as it was even if you get a negative response.
  • No security deposit required. We also loved that the issuer doesn’t demand a security deposit. As you might already know, a security deposit takes away a portion of your credit limit the first month. Plus, people struggling to pull their financial lives together find it hard to put money aside for a deposit. With this card, you can forget about it.
  • High security. The card comes with important security features as well. These security features will protect you if your identity gets stolen. You can use these extra services to shut down your accounts, deal with fraudulent charges, and avoid being liable for your card being used.

Are There Any Disadvantages?

Ok, there are several advantages, but are there any disadvantages as well? There are some that you have to be aware of.

  • Costly annual fee. First of all, you should know that the issuer doesn’t have a fixed annual fee for this card. It will depend on your previous purchasing history, credit score, and income. And it can range anywhere from 0 to $99.
  • High APR. There is also a slight problem with interest charges. This card comes with costly interest charges that are well above the industry average. If you, by any chance, fail to pay your bills before the due date, the interest charges will kick in, and you will have to pay extra cash to cover the balance on your card.
  • High late payment fee. This card has a late payment fee that is up to $40. Both interest rates and the late payment fee make paying bills on time very important.

Other Card Benefits

  • Incredibly fast response time with online pre-qualification form
  • Standard benefits that come with a Mastercard credit card
  • Sends reports of clients purchasing history and credit activity to all three major credit bureaus

Our Final Thoughts

This starter credit card is a viable option for anyone with a less than perfect credit score who wants to get access to a credit card. You can use the Indigo Mastercard for Less than Perfect Credit to improve your credit or start building it from the ground up. Yes, the APR and annual fee are a bit higher than the industry average, but you can use this card for a year and see the results because the issuer reports to all 3 main credit bureaus.

Indigo for Less than Perfect Credit FAQ

Apply Now
Basic Information
Issuer: Genesis Bank
Network: Mastercard®
Category: Consumer (Premium)
Review: Full Card Review
Best Used For:
  • Cards for Bad Credit
  • EMV Chip
  • Unsecured
  • Building Credit
  • Pre-Qualification
Rewards: No
Rates & Fees
Regular APR: 24.90%
Regular APR Type:
Annual Fee: See Terms
Balance Transfer: No
APR on Cash Advances: See Terms
Grace Period: 25 days
Late Payment Fee: Up to $40
Other Fees:
  • Returned Payment: Up to $40.00
  • Foreign Transaction: 1%
  • Annual Fee: $0 $99*

Indigo® Mastercard® for Less than Perfect Credit Alternatives


Indigo® Mastercard® for Less than Perfect Credit

Indigo® Mastercard® for Less than Perfect Credit

APPLY NOW

Annual Fee

See Terms

Regular APR

24.90%

Intro APR

N/A

Min. Credit Level

Fair

IMPORTANT
*The information provided for Indigo® Mastercard® for Less than Perfect Credit is believed to be accurate at the time of evaluation or recent update on April 01, 2021. However, we strongly advise visitors to review the card fees and Terms & Conditions on the issuer's website by following Apply Now link to verify the accurancy of the information posted prior to applying for this card offer.

Indigo® Mastercard® for Less than Perfect Credit

Reviews - (2 User Reviews)
Share your experience and rate the Indigo® Mastercard® for Less than Perfect Credit
(Good)
March 14, 2021
Lincoln (46-55) - Cardholder
Income on Application
$42857
Credit Score
Needs Work (300-579)
Credit Limit
$1000
Filed for Bankruptcy
No

One of the best choices for improving credit card scores

I owned a private business that fell apart during the previous economic crisis in 2009. After I failed to pay my loans, I lost the business and my credit scores dipped as low as they could. I declared bankruptcy and have been trying to clear my name for 10 years now. The Indigo Mastercard turned out to be an excellent choice because it helped me raise my credit scores with all three bureaus. It's easy to use and anyone can get one. As long as I pay my bills on time, my scores keep going up. I love it.
Fees & Charges:
5/5
Features & Benefits:
5/5
Customer Support:
5/5
Application Process:
5/5
Comment (0)

(Good)
June 22, 2020
Milos (26-35) - Previous Cardholder
Income on Application
$36231
Credit Score
Good (670-739)
Credit Limit
$350
Filed for Bankruptcy
No

Being frugal and rebuilding credit

When my credit score fell under 600, I knew I was in trouble and had to work on bringing it back. I managed to do this with the Indigo Mastercard. However, you should know that it takes time and sacrifice. Since my limit was $350, it was easy to keep my credit utilization at the right spot since it was low. In a year and a half, my credit score increased by 113, which is really amazing. However, I always kept CK utilization under 30%.
Fees & Charges:
3/5
Features & Benefits:
5/5
Customer Support:
5/5
Application Process:
4/5
Comment (0)

Indigo® Mastercard® for Less than Perfect Credit

Indigo® Mastercard® for Less than Perfect Credit

Min. Credit Required: Fair

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