This secured credit card can be your starting point to rebuild credit. Here’s how to qualify, apply with confidence, and make every feature work in your favor.
Eligibility Requirements and Tips for Approval
The First Progress Platinum Elite Mastercard Secured Credit Card stands out because of its minimal approval barriers. Unlike most unsecured cards, this secured option doesn’t require a credit check or a checking account, which opens doors for many applicants with limited or damaged credit histories.
To qualify, applicants must:
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Be at least 18 years old (or 19 in certain states)
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Provide a valid Social Security number or ITIN
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Submit a refundable deposit starting at $200 (up to $2,000)
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Have a verifiable U.S. residential address
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Not currently have an active First Progress account
Because the card doesn’t assess your credit score, approval hinges mostly on your ability to fund the security deposit and provide correct identifying information. To improve your chances of approval and setup success, make sure your personal details (address, SSN/ITIN, phone number) match those used in your banking records and government documents.
First Progress Platinum Elite
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Step-by-Step: How to Apply for the First Progress Elite
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Visit the Official Application Page
Go directly to the First Progress website to access the secure application portal. Avoid third-party sites to ensure the most up-to-date terms. -
Choose Your Product
Select the Platinum Elite version from the available secured card lineup. This version has a lower annual fee than others in their portfolio. -
Enter Your Personal Information
Fill in your full name, address, SSN/ITIN, and other personal data. Ensure everything matches your legal documents. -
Set Your Security Deposit Amount
Choose how much you want to deposit—between $200 and $2,000. This amount becomes your credit limit. -
Fund the Deposit
Use a debit card, bank account, or money order to complete the funding. Credit card payments are not accepted for security deposits. -
Submit the Application
After funding, submit your application. Most applicants receive a decision within minutes or 1–2 business days if additional verification is needed. -
Wait for Approval and Delivery
Once approved, your card will arrive within 7–10 business days. Activate it immediately and set up online access. -
Start Using Responsibly
Begin with small purchases and pay your balance in full each month. This activity is reported to all three major bureaus.
Smart Usage Tips to Build Credit Faster
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Keep your balance below 30% of the credit limit—ideally under 10% for best results.
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Always pay on time. Even one late payment can harm your credit report.
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Enable autopay to avoid missed due dates.
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Check your free credit reports regularly at AnnualCreditReport.com to monitor improvements.
Frequently Asked Questions (FAQ)
Q: Can I get approved with no credit history?
A: Yes. This card is designed for applicants with no or very limited credit history. Approval is based on identity verification and security deposit, not credit score.
Q: Will my deposit be refunded?
A: Yes. Your deposit is fully refundable if you close your account in good standing (i.e., no outstanding balance). Some users also become eligible for graduation after consistent usage, though the Elite version is not automatically upgradeable.
Q: Can I increase my credit limit later?
A: You can increase your limit by adding more to your deposit. Just contact customer service to initiate the request.
Q: What if I miss a payment?
A: A missed payment will be reported and can hurt your score. Late fees also apply. Use alerts or autopay to avoid this.
Q: Is this card good for international travel?
A: No. The card charges a 3% foreign transaction fee, making it less ideal for use abroad.
Q: Can I have more than one First Progress card?
A: No. You can only have one active First Progress card at a time.
Q: Does the card offer mobile access?
A: Yes. You can manage your account through the online portal on desktop or mobile. You can check balances, view transactions, and make payments.
Q: Will I get a credit line increase over time?
A: Only if you make additional deposits. This card does not offer automatic limit increases or unsecured upgrades.
Q: Is there a mobile app?
A: There’s no dedicated app, but the mobile website is fully functional and optimized for managing your account.
Q: Will I be charged interest?
A: Yes, if you carry a balance. The APR is relatively high (around 25%), so it’s best to pay in full monthly.
Conclusion: Why the First Progress Elite is a Smart First Step
The First Progress Elite Mastercard Secured Credit Card isn’t flashy. It doesn’t come with cash-back rewards, travel perks, or 0% intro APR periods. But for those focused on rebuilding or launching their credit profile, it checks all the right boxes—simple approval, reliable reporting, and wide acceptance.
Its biggest value is psychological as much as financial. Getting approved—even after being denied by multiple issuers—can restore confidence. Each on-time payment becomes a building block toward better interest rates, apartment leases, and even job applications that check your credit.
By using this card strategically and consistently, users can raise their credit scores in as little as 6–12 months. This opens the door to better financial products, including unsecured credit cards with rewards, personal loans, or mortgages down the line.
This card is not a long-term solution, but it’s an excellent launchpad. Once your credit improves, consider transitioning to a card with more robust benefits or lower fees—but until then, the First Progress Elite gives you the structure and opportunity to build solid credit habits.
Take the first step today. Secure your spot, fund your deposit, and turn your financial situation around—one statement at a time.
First Progress Platinum Elite
Choose your own credit line
Build your credit score
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