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Trusted & Secure
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    50,000,000 card holders Since 2005

First Progress Platinum Elite Mastercard® Secured Credit Card

First Progress Platinum Elite Mastercard® Secured Credit Card


Rated 2/5 stars by our editorial team

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  • Regular Purchase APR 19.99% Variable
  • Intro Purchase APR No intro APR
  • Intro BT APR N/A
  • Annual Fee $29
  • Credit Needed


  • Card Brand Mastercard®

Card Details


  • Click "APPLY NOW" to apply online
  • 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
  • Full-Feature Platinum Mastercard® Secured Credit Card
  • 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 though not yet available in NY, IA, AR, or WI * See Card Terms.
  • Apply in just a few moments with no negative impact to your credit score; no credit inquiry will be recorded in your credit bureau file
  • See additional First Progress Platinum Elite Mastercard® Secured Credit Card details

Card Fees

Foreign Transaction Fee 3%

Balance Transfer Fee N/A

Cash Advance Fee 3% of each cash advance; $10 minimum

Ongoing Information

Rewards Rate Non-rewards card

Annual Fee $29

Additional Card Details

$0 Fraud Liability No

Auto Rental Insurance No

Extended Warranty Program No

Roadside Assistance No

Purchase Protection No

Travel Assistance No

Flight Accident Insurance No

Lost Luggage Reimbursement No

Concierge Service No

Expert Reviews

From the Editorial Team

The First Progress Platinum Elite Mastercard® Secured Credit Cardis designed to help those with little to no credit begin to build their credit score. It acts similar to a prepaid card except that you place a deposit on the card that acts as your credit line and there’s automatic reporting to the major credit bureaus so your good account management habits will be noticed.

Some perks that come with this card include an average annual fee of $29 and the ability to have a credit line as high as $2,000. There are fees associated with this card like late payment and returned payment fees. Payments made on the account will not increase your available credit immediately, often taking up to ten business days.


Out of all the First Progress secured cards offered, this one has the highest APR rate, but has the lowest annual fee. 

Expert Reviews of the First Progress Platinum Elite Mastercard® Secured Credit Card

  • 2.0

    Regular APR

  • 1.0

    Intro APR

  • 2.0


  • 2.0


  • star rating 2.0/5

    Overall Rating

The Bottom Line

The First Progress Platinum Elite Mastercard® Secured Credit Card is an average secured card that can be used anywhere MasterCard is accepted and reports to the credit bureaus. It doesn’t offer much for rewards, or additional perks and features.

The Good

Card holders will enjoy a 25 day grace period before having to pay interest on purchases.

The Not so Good

If you spend frequently, it may take up to ten business days for a payment to post to your account, which is limiting in your available credit. This card also charges for foreign currency transaction fees.

Editorial Note: This content is not provided by First Progress. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by First Progress.

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