The First Progress Secured Mastercard is a great choice for those looking for an accessible credit card.
Unlike other credit cards, it does not require a hefty deposit, with the security deposit being within reach. This secured credit card presents an ideal choice for people with limited credit history or a “thin” file. However, it is important to note that the card usually requires proof of stable income and the interest rates are usually higher than regular cards.
The First Progress Platinum Elite MasterCard Secured Credit Card has its perks – no fees, no annual charges, and access to unsecured credit cards. To top it off, the cardholder can even withdraw up to $750 when they receive their line of credit.
Benefits the First Progress Platinum Elite MasterCard Secured
The First Progress Platinum Elite MasterCard Secured is the latest card to be released and it has some amazing features that make it worth considering. The rates are amazingly low, making this secured card a great choice if you’re looking for a new one. Although it has its own advantages and drawbacks, this card should still be taken into account.
Benefits:
- You can get the benefits of this service for only $29 per year!
- You can receive up to 3 ACH transfers per day with a limit of $100 for each transaction.
- Visa’s premium identity theft protection plan gives you back more than the cost of coverage. Enjoy cashback, free upgrades when shopping, and a plethora of other benefits with this invaluable service.
The First Progress Platinum Elite Mastercard Secured offers various advantages, such as an assured limit for balance transfers, fast access to funds through cash advance services, complete protection against any unauthorized transactions and many others. With the card offers, users are able to conveniently export and download their credit reports from all three of the main credit bureaus – Experian, TransUnion, and Equifax. This allows them to easily access precise information instantly.
Freedom Private recognize that every individual has unique needs and desires. Therefore, they provide tailor-made and smart solutions that are perfect for your specific situation. With freeCreditPLUS you have the chance to get approved on your first application and only need a small deposit. Additionally, by using this service you can enjoy 7% monthly cashback (1st Year) for eligible household purchases.
For some, the concept of getting approved for credit cards without having to build a credit score can be intimidating. This could be due to bad experiences with pre-approved cards in the past. Freedom Private gives you the peace of mind that comes with achieving unbiased investing results. Plus, no fees and smart screening mean no sudden shocks when you check your bank account. It should be viewed as an addition to, rather than a replacement of, building your own investment portfolio and can be used as a helpful tool in the process.
Bit stamp is the preferred choice for those who wish to trade cryptocurrencies using their own wallets. It provides an extra layer of security since the private keys are held exclusively by Bit stamp, which is often seen as a guarantee of trustworthiness.
Requirement First Progress Platinum Elite MasterCard Secured
It’s essential to pick a card that has the lowest APR possible. Don’t go for one with a lot of rewards as you’ll be spending more than you would save. Instead, use it to make small purchases and reap the cash back benefits they offer. Earn $30 when you redeem 500 points after 12 months of consistently making your payments on time!
The First Progress checking account will typically be associated with the credit card, accompanied by certain usage limits. These requirement credit cards can even be used with Apple Pay, making them a great choice for iPhone holders.
The requirements for applying for a secured credit card are usually similar across the board. Generally, $300 is needed to be considered and based on your credit score and history, the annual limit could be up to $5,000. However, more than $1,200 may be needed in certain cases so as to qualify for the cards.Apple Pay makes it easier for iPhone users to access & use their credit cards thanks to its great convenience. By linking their cards with Apple Pay, they can quickly and securely experience the advantages of electronic payments.
Request the credit card
You can apply for a First Progress secured credit card via their website. On the page, you will find an enrollment link that you can use to submit your application.
First Progress has three different credit cards that are all easy to apply for. The main difference between them is how their monthly payments are calculated, but other than that the process is quite similar.
Going through the application will involve submitting responses for key demographic information, as well as financial questions around your current savings and credit limit.
After verifying the data on your application and doing a detailed review of your credit report, it may take up to four days for your First Progress secured card to become valid. Postal deliveries of checks usually take 8-10 days to be returned.