First Progress Platinum Prestige Mastercard® Secured Credit Card
on First Progress' website
First Progress Platinum Prestige Mastercard® Secured Credit Card
First Progress Platinum Prestige Mastercard® Secured Credit Card
on First Progress' website
Card details
1% Cash Back Rewards on payments
Choose your own credit line - $200 to $2000 – based on your security deposit
Build your credit score.¹ Reports to all 3 credit bureaus
No minimum credit score required for approval!
Pay 6-months-on-time and apply to get a second credit card!
Get a fresh start! A discharged bankruptcy in your credit file will not cause you to be declined
Past credit issues shouldn’t prevent you from getting a credit card with great benefits & rewards!
See your VantageScore®+. Easy, Free Access to Credit
Education in the First Progress Card Mobile App!
Receive your card more quickly with the new expedited processing option
User-friendly Mobile App
Accepted throughout the U.S. and online
Accepted wherever Mastercard® is accepted
¹ Cardholders who keep their balance low and pay their credit card bill on time every month typically do see an increase in their credit score.
Rates, fees & offers
Annual fee
$49
Rewards rate
1%
Bonus offer
None
Intro APR
N/A
Ongoing APR
Purchase: 15.24%, Variable
Cash Advance APR: 24.24%, Variable
Foreign transaction fee
3%
Recommended credit score
Compare to other cards
Learn more | Learn more | |
Annual fee$49 | Annual fee$99 | Annual fee$199 |
Regular APR15.24% Variable | Regular APRSee Terms | |
Intro APRN/A | Intro APR0% intro APR for 15 months on balance transfers made within 45 days of account opening. After that, a variable APR will apply, 21.24%-29.99%. | Intro APRN/A |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
By Sara Rathner
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Rating details
3.8
Editor's overall rating
Pros and cons
Pros
Qualify with limited / bad credit
Cons
Has annual fee
No rewards
The First Progress Platinum Prestige Mastercard® Secured Credit Card is one of three secured credit cards that First Progress offers. It could be a decent, if expensive, option for consumers looking to build their credit.
The card requires an initial deposit, which becomes your credit limit. But unlike some other secured cards, you'll also owe an annual fee, you won't earn rewards and there's no clear upgrade path to a "normal" unsecured product from First Progress.
Still, you can apply without dinging your credit scores, and your activity will be reported to the three major credit bureaus. Plus, it comes with comparatively low interest rates for a card in its class, ideal if you carry a balance.
For more information, see a closer look at this card.