First Progress Platinum Secured Credit Card Review

The First Progress Platinum MasterCard is a secured credit card which works just like any other credit card with the only difference being is you must place a security deposit equal to the amount of your credit line.

This is a really good personal financial tool for rebuilding your credit.

You can see the benefits you get when you apply online for the First Progress Platinum MasterCard.

Is It Worth Paying a Security Deposit?

The thing that most people don’t like about a secured card offer is the security deposit that you must pay first before your card is issued to you.

Yes, it is a pain to have to pay a security deposit however when you’ve got bad credit a secured credit card is really the best financial tool at your fingertips to rebuild your credit score.

It is definitely worth paying the security deposit to have a card like the First Progress Platinum MasterCard Secured Credit Card in your wallet.

When you apply for the First Platinum MasterCard secured card offer you can make a minimum deposit of $300 or as much as $2,000. Again the amount of the security deposit will be the amount of credit that’s available to you on your card.

If you’re worried about losing your security deposit, you can rest assured that your security deposit is fully refundable.

To get your security deposit back all you have to to is pay off your full balance owing on the card and then you can get 100% of your deposit refunded to you.

Review of What’s In It For You

When you apply for the First Progress Platinum Prestige MasterCard you won’t be getting a no frills secured credit card that will help you restore your credit rating.

When you pay your bills on time each month, you will be raising your credit score and the great news for you is this card reports to the 3 major credit bureaus.
The First Progress Platinum Prestige MasterCard is designed solely to help you raise your credit score.

If you want to find out what other card offers are out there that you could qualify for you can check out the latest offers on our Second Chance Credit Cards article where you can use the CardMatch tool that will show you a list of card offers you can qualify for based upon your credit score.

Another benefit you get when you apply for the Platinum Prestige MasterCard is the conveniences of having a credit card. Conveniences like being able to book hotels, reserve a rental car or even for shopping online.

After all, you can’t do any of the above mentioned things if you don’t have a credit card and that’s another great reason to apply for this First Progress secured credit card offer now. You can have those conveniences while you are rebuilding your credit history.

If you have any questions about this card or about secured credit cards in general feel free to use our Contact Us form on this blog and we’ll do our best to get you the answers you need.

3.5 / 5 stars     

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