First Progress offers three secured credit cards:
- First Progress Platinum Elite Mastercard® Secured
- First Progress Platinum Select Mastercard® Secured
- the First Progress Platinum Prestige Mastercard® Secured Credit Card
All three are designed to help people who have bad or no credit to build or rebuild their credit score through a positive credit history. Keep in mind that if you’re qualified for one card, you’ll also qualify for the other two.
These cards regularly reports to all three credit bureaus; with responsible credit usage and on-time payments this card could either make or break your credit, so responsible usage is emphasized.
If you’re wondering whether First Progress Mastercard Secured Credit Cards are the right cards for you, continue reading below to learn about its fees and features.
| Chase Sapphire Preferred® Card 60K Points after $4,000 spend within 3 months. | Chase Freedom FlexSM $200 Bonus after $500 spend within 3 months |
| The Platinum Card® from American Express 80K Points after $8,000 spend within 6 months. Terms Apply. | Capital One Venture Rewards Credit Card 75K Points after $4,000 spend within 3 months |
| American Express® Gold Card 60K Points after $4,000 spend within 6 months. Terms Apply. | Chase Freedom Unlimited® Card earn an additional 1.5% cash back on everything you buy (on up to $20K spent in the first year) - worth up to $300 cash back! |
| Blue Cash Preferred® Card from American Express $250 Welcome Offer after $3,000 spend within 6 months. Terms Apply. | Blue Cash Everyday® Card from American Express $200 Welcome Offer after you spend $2,000 in purchases on your new Card within the first 6 months. Terms Apply. |
| Ink Business Preferred® Card 100K Points after $8,000 spend within first 3 months | Ink Business Unlimited® Credit Card $900 Bonus after $6,000 spend within 3 months |
| U.S. Bank Altitude® Go Visa Signature® Card $200 Bonus after $1,000 spend within 90 days | Capital One Quicksilver Cash Rewards Card $200 Bonus after $500 spend within 3 months |
First Progress Mastercard Secured Cards Summary
|
Platinum Select
|
Platinum Prestige
|
Platinum Elite
|
|
| Bonus Available | No sign-up bonus available for this card | No sign-up bonus available for this card | No sign-up bonus available for this card |
| Balance Transfers Intro APR | N/A | N/A | N/A |
| Purchases Intro APR | N/A | N/A | N/A |
| Regular APR | 13.99% (V) | 9.99% (V) | 19.99% (V) |
| Cash Advance APR | 19.99% (V) | 18.99% (V) | 24.99% (V) |
| Credit Needed | Poor/Limited/No Credit | Poor/Limited/No Credit | Poor/Limited/No Credit |
| Monthly Servicing Fee | N/A | N/A | N/A |
| Processing Fee | N/A | N/A | N/A |
| Annual Fee | $39 | $49 | $29 |
Recommended Free Credit Score (Get Free Score)
Card Highlights
- Receive Your Card More Quickly with New Expedited Processing Option
- No Credit History or Minimum Credit Score Required for Approval
- Quick and Complete Online Application; No credit inquiry required!
- Includes Free Real-Time Access to Your Credit Score and Ongoing Credit Monitoring powered by Experian
- Full-Feature Platinum Mastercard® Secured Credit Card; Try our new Mobile App for Android users!
- Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
- Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
- Credit Line Secured by Your Fully-Refundable Deposit of $200 — $2,000 Submitted with Application
- Just Pay Off Your Balance and Receive Your Deposit Back at Any Time
- 24/7 Online Access to Your Account
- Nationwide program; available in all 50 US states *See Card Terms.
- Get a fresh start! A discharged bankruptcy still in your credit bureau file will not cause you to be declined.
- ¡Hablamos Español! Nuestros representantes de servicio al cliente hablan Español con fluidez para su conveniencia.
First Progress Mastercard Secured Cards Fees
The fees for each card is different depending on the purpose you are using it for, see table above for full list. First Progress’ secured cards doesn’t have a minimum credit score or credit history needed in order to get these cards.
Keep in mind that for each card, an initial refundable security deposit must be made, which can be between $200 and $2,000.
Pay off those small purchases on time and in full each month, and your credit score should start to rise. Make sure that you pay your balance in full each month, which will also help to improve your credit score.
First Progress Mastercard Secured Cards’ Features
- No negative impact to your credit score; no credit inquiry will be recorded in your credit bureau file
- No credit history or minimum credit score required for approval**
- Receive your card faster with optional Expedited Processing
- Monthly reporting to all 3 major credit bureaus to establish credit history
- Full-featured Platinum Mastercard, accepted for car rentals, hotels, and millions of other locations worldwide.
- Credit Line Secured by Your Fully-Refundable Deposit of $200 – $2,000 Submitted with Application
Bottom Line
First Progress Mastercard Secured Credit Cards are full featured credit cards that reports to all three major credit bureaus every month to help you establish or re-establish your credit history.
For more credit cards options, see our latest list of other best credit card bonuses!
The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.