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First Progress Platinum Prestige Mastercard® Secured Credit Card review

Updated:

image_d9f405Image: image_d9f405

307

reviews

2.1

Rating: 2.1 out of 5.

Great for a low purchase APR

Annual Fee: $49

This content is curated by Intuit Credit Karma’s Editorial team using data from members who were approved for this card or similar cards, or who self-matched this card or similar cards. Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse this content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.

Here’s the average credit limit of members who matched their First Progress Platinum Prestige Mastercard® Secured Credit Card or similar cards.

% of members by credit limit range

$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 89% 7% 3% 0% 0%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 89% 7% 3% 0% 0%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 89% 7% 3% 0% 0%

The average credit limit for members who have matched with this card or similar cards is $1,190, with $200 being the most common.

Here’s the average credit score of members who matched their First Progress Platinum Prestige Mastercard® Secured Credit Card or similar cards.

% of members by credit score range

Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 1% 58% 22% 18% 1%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 1% 58% 22% 18% 1%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 50% 60% 1% 58% 22% 18% 1%

The average credit score for members who have matched with this card or similar cards is 587, with 555 being the most common. Note this is just one of the deciding factors when it comes to getting approved.


Member stats

Updated daily

50.1%

Average credit utilization (or what percent of the card’s credit limit is being used) of members who matched with this card or similar cards.

43 years

Average age of members who matched this card or similar cards.

$71,838

Average annual income of members who matched this card or similar cards. Note: Income may be estimated for some members by Credit Karma and may differ from members’ actual incomes.



Member reviews

Overall rating:

2.1

Rating: 2.1 out of 5.

307

reviews

Most helpful positive review

October 15, 2024

5

Rating: 5 out of 5.

This so-called secured credit card will only work

Credit Karma Member

It's because you don't know how to use it. The way it works is you use it for once a month, then repeat the usage for next month. Let's say you deposit $1,000 and you spend $20 on it for that month. Then you paid a balance off that $20 at least 2 weeks before the payment is due. Usually I set up an automatic payment from my bank so I don't think about it when is it due. I had this card and helped me build my credit from 500s to now upper 600s. This secured card should not be use on daily expenses you gotta have a debit card for that. This is just for one time or three transactions per month and then pay it off. that's the way it works.

Most helpful negative review

December 20, 2023

1

Rating: 1 out of 5.

NUMBERS DONT LIE

Credit Karma Member

Everybody don’t tell the same lie so I declare this credit card as TRASH BIG PASS

All member reviews