The First Progress Platinum Elite Mastercard Secured is a credit card designed for people who want to enjoy the benefits of a cash back credit card, but also want to establish or reestablish their credit. This card offers its users an opportunity to earn rewards without having to worry about paying an annual fee.
This is a great option for people who have had trouble with their credit in the past and are trying to rebuild it. The First Progress Platinum Elite Mastercard Secured has no annual fee, which means that you can use it without worrying about paying extra money each year.
First Progress Platinum Elite MasterCard SecuredNo credit history or minimum credit score required can use it anywhere Mastercard is accepted
The First Progress Platinum Elite Mastercard Secured
You can also earn rewards on all of your purchases, so you will get something back even if you don’t pay off you have several different cards or loans, you can use the rewards credit card to pay off the debt with cash back bonuses. For example, if you have a business loan, student loan, and personal loan all on different cards that each charge interest rates of 8%.
The card has no annual fee and no balance transfer fee. It also has no penalty APR, and it automatically reports to all three major credit bureaus. is a credit card for people who want to build or rebuild their credit history. It has a $0 annual fee and no foreign transaction fees.
This is great if you have had your own savings to place down as a security deposit and it offers you access to millions of retailers and ATMs worldwide.
The greatest thing about this card is that Goldpoint will monitor your account for you and will contact you six months before the end of each year to ask if you would like to carry on paying the $0 annual fee ($50,000 spending limit).
The Platinum Elite Mastercard Secured Card collaboratively looks at how an individual can improve their finances long-term. It offers credit line increases when the customer’s performance information is evaluated. This card is designed for anyone who wants to take advantage of a premier service, and which has the potential to grow with you, regardless of your credit history.
Six things separate this credit card from the banks:
- You don’t need to be a full-time student
- Your credit rating will be determined by your employment success rather than your savings
- Income doesn’t matter, auto deposit is subject to approval
- Credit building for the first year of 362 people with limited credit histories and regular declines declined Jobs
- Students can enroll in a CV Finance Graduate School Participation Programme which assigns these students special tasks in their career that can help you build their cumulative income statement, including their ability to live more independently than living at home with your parents or aunt who have enough ability to provide for daily life and school costs
- Integrated eligibility criteria streamlined approval process for applicants who do not meet all of the criteria necessary for an honest
Limit flexible the card
The Flexible credit limit is a key part of the card, because it gives people with little or no credit history the chance to improve their credit score by spending responsibly.
Instead of setting a fixed amount for total spend, you get do-gooder points for every dollar that’s spent responsibly. If you use your card and pay your bills on time for 12 months, your spend limit will go up to $4,000. This is a way to help people improve their credit score without taking the risk if maxing out a card that they can’t afford just yet.
Apart from the spend limit, some bank cards might also have an annual fee. Annual fees can be waived if the card holder makes a certain spend or number of transactions within the first three months.
The First Progress Secured Mastercard is a secured credit card that lets you build your credit history. With this card, you can get your credit score on monthly basis which is a nice touch (data refresh) and more traditional types of issuers often don’t do. This opened my eyes to the possibility of using previous months’ worth of data for scoring purposes, but otherwise the advance offerings were not that different from what I’ve seen from other issuers.
The issuer also had a fairly straightforward application process. The app (and the dashboard) is accessible both on the issuer’s website and via a mobile application. The lack of wire transfer fees makes this card a lot more attractive than many other cards out there, but they are also less likely to offer an annual.