Which Credit Card Product Is Right for You?
What Are the Features of the First Progress Platinum Elite MasterCard® Secured Credit Card?
CREDIT NEEDED
Fair Credit
Bad Credit
Key Takeaways
- Secured credit cards require refundable deposits ranging from $200 to $2,000 that determine your credit line limit.
- Most featured cards report to all three major credit bureaus monthly, helping establish credit history within 6 months.
- No credit check is required for many options, and discharged bankruptcies will not disqualify applicants.
- First Progress cards use rapid reporting cycles (6 per month) to accelerate credit building with bureau updates every 2-10 days.
- APRs range from 13.99% to 19.99%, with annual fees between $29 and $39 depending on the card selected.
- No Credit History or Minimum Credit Score Required for Approval
- Quick and Complete Online Application; No Credit Inquiry Required!
- Get a fresh start! A discharged bankruptcy still in your credit bureau file will not cause you to be declined.
- Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
- Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
- Build Credit Faster with 6 reporting cycles per month. (You will be assigned the fastest of 6 reporting cycles a month)
- With our rapid reporting cycle-assignment process for new accounts, most new accounts receive the next available statement cycle date and are reported to the credit bureaus between 2 - 10 days after the complete application is approved and the total refundable deposit received. Your Annual Fee will be billed and reported to the bureaus as a performing balance in the first complete statement billing cycle to speed the reporting of credit activity.
- 24/7 Online Access to Your Account: Try our new Mobile App for Android users!
- Includes Free Real-Time Access to Your Credit Score and Ongoing Credit Monitoring powered by Experian
- Just Pay Off Your Balance and Receive Your Deposit Back at Any Time
- Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
- Receive Your Card More Quickly with New Expedited Processing Option
- Nationwide Program though not yet available in NY, IA, AR, or WI * See Card Terms.
- APR for purchases = 19.99%
- Annual Fee = $29
How Does the Capital Bank OpenSky® Secured Visa® Credit Card Help Build Credit?
- APR for Purchases: 17.39% (variable)
- No credit check necessary to apply. OpenSky® believes in giving an opportunity to everyone.
- The refundable* deposit you provide becomes your credit line limit on your Visa card. Choose it yourself, from as low as $200.
- Build credit quickly. OpenSky® reports to all 3 major credit bureaus.
- 99% of our customers who started without a credit score earned a credit score record with the credit bureaus in as little as 6 months.
- OpenSky® provides credit tips and a dedicated credit education page on our website to support you along the way.
- *View our Cardholder Agreement located at the bottom of the application page for details of the card.
What Makes the Merrick Bank Double Your Line™ Secured Visa® Unique?
- Put down $200, which becomes your credit line. Then, if you qualify, double your credit line to $400 without making another deposit.
- Double your $200 credit line by making at least your minimum payment on time each month for the first 7 months your account is open.
- Secured Credit Cards are great for people looking to build or rebuild credit and are available to people with all kinds of credit backgrounds.
- Unlike a debit card or a pre-paid card, it helps build your credit history. We report your payment history to all three major credit-reporting agencies.
- Get 100% U.S.-based customer service & get your FICO® Credit Score for free each month.
- Fraud coverage if your card is lost or stolen. Access your account 24 hours a day, 7 days a week. Get help staying on track with available Auto Pay and account alerts.
- Card issued by Merrick Bank, Member FDIC.
- See all terms and conditions on our website.
What Are the Benefits of the First Progress Platinum Select MasterCard® Secured Credit Card?
- No Credit History or Minimum Credit Score Required for Approval
- Quick and Complete Online Application; No Credit Inquiry Required!
- Get a fresh start! A discharged bankruptcy still in your credit bureau file will not cause you to be declined.
- Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
- Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
- Build Credit Faster with 6 reporting cycles per month. (You will be assigned the fastest of 6 reporting cycles a month)
- With our rapid reporting cycle-assignment process for new accounts, most new accounts receive the next available statement cycle date and are reported to the credit bureaus between 2 - 10 days after the complete application is approved and the total refundable deposit received. Your Annual Fee will be billed and reported to the bureaus as a performing balance in the first complete statement billing cycle to speed the reporting of credit activity.
- 24/7 Online Access to Your Account: Try our new Mobile App for Android users!
- Includes Free Real-Time Access to Your Credit Score and Ongoing Credit Monitoring powered by Experian
- Just Pay Off Your Balance and Receive Your Deposit Back at Any Time
- Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
- Receive Your Card More Quickly with New Expedited Processing Option
- Nationwide Program though not yet available in NY, IA, AR, or WI * See Card Terms.
- APR for purchases = 13.99%
- Annual Fee = $39