The First Progress Platinum Elite Mastercard® Secured Credit Card is great for people with bad or no credit history. This card offers a low APR and a modest annual fee, making it a great option for those looking to rebuild their credit.

Since it’s a secured card, you’ll have to put down a security deposit anywhere between $200 and $2,000. That amount will be your spending limit and is fully refundable once you close your account in good standing.

First Progress offers an easy and online application with no credit check and no minimum score required for approval. So if you’re having trouble getting a credit card to give your score a boost, you might want to consider applying for this one.

Check its main features below to see if the Elite Mastercard® Secured Credit Card is right for you. Then, keep reading our review to learn more about this product and how it can help you achieve a better financial future. 

This is a secured credit card designed for people with limited or no credit history. The bank doesn’t perform a credit inquiry for approval, so if you have a severely damaged score, this can be your ticket to start improving it.

To activate the card, you’ll need to put down a security deposit between $200 and $2,000 which will become your spending limit. With responsible use, you can increase that credit line up to $5,000 with additional deposits. That amount is fully refundable once you bring your balance to zero and close your account.

First Progress reports all monthly payments to the three main credit bureaus in the country. Therefore, good use and on-time payments will help you achieve a better credit score in no time. The card has nationwide acceptance and you have access to your account 24/7 through the company’s free mobile app. 

While the Platinum Elite Mastercard® Secured Credit Card works as a credit builder, there are a few drawbacks you should be aware of before applying for it. See below to learn what they are. 

You don’t need a good credit score to apply for this card. Matter of fact, there is no minimum score required by First Progress in order to approve your request. The institution doesn’t even perform a hard inquiry. Therefore, if you have a limited or no credit history at all, you can still get a First Progress Platinum Elite Mastercard® Secured Credit Card. 

The Platinum Elite Mastercard® Secured Credit Card application is easy and online. You’ll get an answer within minutes with no hard inquiries on your score. If you’d like to know more details on how to apply, follow the recommended link below.