The First Latitude Platinum Mastercard® Secured Credit Card is here to help you improve your credit score, and this review will show you it’s features.

If you’ve had credit problems in the past, you know how hard it is to find a good credit card that will approve your request. Most come with exorbitant fees and very few perks, but not this one.

The card charges a modest annual fee of $25 during the first year of card membership, then $35 every year after that.

While there are no rewards on purchases, it helps you repair your credit score with immediate account activity reports to credit bureaus as soon as you open the account. 

Since this is a Platinum Mastercard product, it has worldwide acceptance for online and in-store purchases.

However, beware of the 3% foreign transaction fee before you take this card on your travels or purchase anything internationally.

To learn more about the First Latitude Platinum Mastercard® Secured Credit Card and how it can help you achieve better credit, read our full review below. 

Issued by Synovus Bank, member FDIC, the First Latitude is in the secured category. That means you have to put down a security deposit in order to use the card.

With the First Latitude, you can start as little as $100 and go up to $2,000.

The security deposit is refundable and will work as your spending limit. Synovus Bank will automatically refund the amount you have deposited once you close your account in good standing. 

You’ll also have to pay a one-time $19.95 activation fee when you open your account and link an existing bank account to your card.

The annual fee starts at $25 during the first year and increases to $35 every year after that. The APR on purchases is 22.24%, but carrying a balance on a secured card is ill-advised, regardless.

The card has worldwide acceptance and reports all monthly payments to credit bureaus. Responsible use and low credit utilization will help you increase your credit score.

With 6 ongoing on-time payments, you can also apply for a second credit card. 

Before committing to a credit card, it’s important to analyze the highlights and lowlights to make sure you’re making the right decision.

Check the pros and cons of the First Latitude Platinum Mastercard® Secured Credit Card below. 

Secured cards are generally a safe alternative for issuers and people who need to improve their scores.

Since there’s a security deposit that acts as collateral, there’s no minimum score required for the First Latitude Platinum Mastercard® Secured Credit Card.

Everyone can apply, regardless of their credit history. 

So if you have had trouble applying to other cards and are fine with trading a security deposit for purchasing power, the First Latitude Platinum Mastercard® Secured Credit Card can be a solid option for you.

Follow the link below to learn more details about the application process.