First progress platinum credit card

Do you know what the First Progress Platinum Credit Card is? It is a secured credit card, which means that before you can use it and open an account, you need to make a security deposit.

This security deposit will be your limit, so by depositing $200, you will have a $200 limit. The deposit amount can range from $200 to $2,000.

Types of First progress platinum Credit card

When you are looking for your First Progress Platinum Credit Card, you will come across three different options:

• First Progress Platinum Prestige Secured Credit Card;
• First Progress Platinum Select Secured Credit Card;
• First Progress Platinum Elite Secured Credit Card.

They are all offered by Mastercard a huge and global payment technology company that it’s in more than 210 countries and territories along the world.

What are the benefits from each one?

Those three cards have a lot of benefits that are common between the three of them but they also have some singularities that can help you make a decision based on your needs.

So let’s see more about the credit cards:

First Progress Platinum Prestige Secured Credit Card

This credit card has 1% cashback rewards on payments done using this credit card prestige, also you can choose the credit line from $200 to $2,000 dollars, that will be based on your security deposit made before.

The Prestige Credit Card has an initial annual percentage rate non-existent in the first year using the card but after this year will be charged an annual percentage rate of 15.24% that can be variable.

This option from Mastercard has an annual fee of $49 dollars to pay and when using this card it can help you build a credit score that will be reported to the three major credit bureaus in the United States: Equifax, Experian and TransUnion.

With this credit score you can have a lot of benefits when it comes to credit cards, whether this one or others.

First Progress Platinum Select Secured

The second option also offers a 1% cashback reward on your payments and purchases everyday.

For a year this credit card has no annual percentage rate, but after your first year has passed will be charged 19.24% but it’s a percentage that can vary.

The annual fee of this first progress platinum is about $39 dollars and to your credit line, you’ll need to do a security deposit that can go from $200 to $2,000.

Elite Secured Credit Card

The last one of those credit cards it’s the Elite one, and just like the others it doesn’t have an annual percentage rate in the first year, but after that it has a 25.24% APR.

The annual fee of the Elite credit card it’s of $29 dollars and you can also choose your own credit line, that goes from $200 to $2,000 dollars.

Also just like the other two credit cards you can build your score with the use of this credit card.