If your damaged credit score is keeping you from the things you want, getting a secured card can help you. The First Progress Platinum Prestige Mastercard® Secured Credit Card is one of the best options available for people with bad credit, and it comes with a number of features that can make rebuilding your credit easier.

With a modest annual fee and low APR, you’ll get the purchasing power of a Mastercard product while boosting your score with responsible use. The issuer even allows a fresh start for clients with a discharged bankruptcy still in their credit bureau file.

So if you’re ready to start your path towards a better financial future, keep reading to learn more about what this card can do for you. In this review, we’ll break down all of its features, pros and cons so you can see if this is the right product for your financial needs.

This is a great card for people who are looking to improve their scores. It reports all monthly payments to the main credit bureaus in the country. Therefore, on-time payments and responsible use can help you get your finances back on track within just a few months.

Customers also get the benefits of having Mastercard coverage and can purchase items online and in person anywhere Mastercard is accepted. Since it’s a secured card, your initial credit limit varies according to how much your initial deposit is. The minimum amount is $200, and it can get up to $2,000. 

The card’s regular APR is 10.74% – which is relatively low when compared to other products in the same category. However, carrying a balance in a secured credit card is not the best idea, since you’d be paying loan interests to yourself. The annual fee is a modest $49 and there are no monthly fees.

Even though this card works well as a credit builder, it has some pros and cons that you should know about before applying. Let’s take a closer look at the features of this card and see if it is the right fit for you.

One of the best features about this card is that there is no credit history or minimum credit score required for new applications. Since it’s a product designed for credit building, all credit types are welcome to apply for it.

The online application process makes it all the easier to get this card. If you’re interested in applying, you can follow the link below to learn more details on how to do so.