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    50,000,000 card holders Since 2005

First Progress Platinum Prestige Mastercard® Secured Credit Card

First Progress Platinum Prestige Mastercard® Secured Credit Card


Rated 4/5 stars by our editorial team

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  • Regular Purchase APR 14.24% (V)
  • Intro Purchase APR N/A
  • Intro BT APR N/A
  • Annual Fee $49
  • 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; 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.
  • Make 6-months of on-time payments & you’ll be invited to apply for an unsecured First Digital Mastercard!
  • See additional First Progress Platinum Prestige 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 $49

Additional Card Details

$0 Fraud Liability Yes

Auto Rental Insurance Yes

Extended Warranty Program Yes

Roadside Assistance No

Purchase Protection Yes

Travel Assistance No

Flight Accident Insurance No

Lost Luggage Reimbursement No

Concierge Service No

Expert Reviews

From the Editorial Team

The First Progress Platinum Prestige Mastercard Secured Credit Card is designed to give people with poor or limited credit a chance to boost their scores while they shop. Rather than loading $50 and then spending $50 like you would do on a prepaid card, this secured credit card allows you to load $200 to $2,000 and use that as your continuous credit card limit. You can't access that money until you cancel the card, so you have to always pay back whatever you spend on the card.

If you do not pay your card balance on time, you'll face 14.24% (V) APR, but that's actually pretty low for a secured card. You will also have to pay a $49 annual fee to keep the card in your name. Any payments you make toward the card will be reported to all three major credit bureaus which will help build your credit score over time. If you want to boost your credit score to potentially get an unsecured card in the future, this could be a great option for you.

Out of all the First Progress Platinum Secured cards offered, this one has the lowest APR with the highest annual fee. 

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

  • 3.0

    Regular APR

  • Intro APR

  • 3.0


  • Benefits

  • star rating 4.0/5

    Overall Rating

The Bottom Line

The First Progress Platinum Prestige Mastercard can help those who do not have sufficient credit to get a standard credit card. Though the card does require you to put in a security deposit (acting as the "limit" on the card), the payments you make toward it are reported to the credit bureau. Once you keep up with those payments for six months to a year, you should be able to qualify for an unsecured credit card.

The Good

The main benefit of this credit card is that it gives you a chance to build your credit just by spending your own money. Rather than paying cash for the things you need, you can pay with your card and then pay back the balance. You may lose the security deposit on the card temporarily, but you will get it back after you cancel the card. By then, you should have a decent amount of credit built up.

The Not so Good

You have to pay an annual fee of $49 for this card, on top of putting $200 to $2,000 of your own money on it to act as your available balance.

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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