First Progress Secured Credit Cards

First Progress is a Tennessee-based financial lender that provides a variety of secured credit cards for those looking to establish or rebuild their credit score. First Progress issues its line of credit cards through Synovus Bank. This Georgia-based institution is a fully chartered member FDIC. Browse First Progress credit card reviews and offers from our partners below:

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First Progress Platinum Elite Mastercard® Secured Credit Card

First Progress Platinum Elite Mastercard® Secured Credit Card
  • Regular Purchase APR 21.49% variable based on the Prime Rate
  • Cash Advance APR 26.49% variable based on the Prime Rate
  • Annual Fee $29
  • Credit NeededBestCards.com uses a variation of FICO Score 8, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card.
    Poor , No Credit Required
  • Processing Network Mastercard
Best Benefits
  • 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
Rates & Fees
  • Regular Purchase APR: 21.49% variable based on the Prime Rate
  • Cash Advance APR: 26.49% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater
  • Annual Fee: $29
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $41
  • Return Payment Penalty Fee: Up to $30
  • Minimum Deposit Required: $200
Credit Card Deals

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First Progress Platinum Elite Mastercard® Secured Credit Card

First Progress Platinum Elite Mastercard® Secured Credit Card

Terms & Conditions

First Progress Platinum Select Mastercard® Secured Credit Card

First Progress Platinum Select Mastercard® Secured Credit Card
  • Regular Purchase APR 15.49% variable based on the Prime Rate
  • Cash Advance APR 21.49% variable based on the Prime Rate
  • Annual Fee $39
  • Credit NeededBestCards.com uses a variation of FICO Score 8, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card.
    Poor , No Credit Required
  • Processing Network Mastercard
Best Benefits
  • 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
Rates & Fees
  • Regular Purchase APR: 15.49% variable based on the Prime Rate
  • Cash Advance APR: 21.49% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater
  • Annual Fee: $39
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $41
  • Return Payment Penalty Fee: Up to $30
  • Minimum Deposit Required: $200
Credit Card Deals

Browse these credit card deals and thousands of other offers by becoming a Bestcards Member.

Join today!
First Progress Platinum Select Mastercard® Secured Credit Card

First Progress Platinum Select Mastercard® Secured Credit Card

Terms & Conditions

First Progress Platinum Prestige Mastercard® Secured Credit Card

First Progress Platinum Prestige Mastercard® Secured Credit Card
  • Regular Purchase APR 11.49% variable based on the Prime Rate
  • Cash Advance APR 20.49% variable based on the Prime Rate
  • Annual Fee $49
  • Credit NeededBestCards.com uses a variation of FICO Score 8, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card.
    Poor , No Credit Required
  • Processing Network Mastercard
Best Benefits
  • 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.
Rates & Fees
  • Regular Purchase APR: 11.49% variable based on the Prime Rate
  • Cash Advance APR: 20.49% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater
  • Annual Fee: $49
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $41
  • Return Payment Penalty Fee: Up to $30
  • Minimum Deposit Required: $200
Credit Card Deals

Browse these credit card deals and thousands of other offers by becoming a Bestcards Member.

Join today!
First Progress Platinum Prestige Mastercard® Secured Credit Card

First Progress Platinum Prestige Mastercard® Secured Credit Card

Terms & Conditions

What Is a Secured Credit Card?

A secured card looks and acts in the same manner as any other credit card. The difference between a secured card and an “unsecured” card is that secured credit cards require a security deposit. Security deposits are a refundable payment to a lender that provides the collateral for a line of credit. Typically, that collateral is also the available credit limit.

Once an account is opened, the cardholder can use their secured card like any other credit card. They’ll receive the same purchase protection and security of an unsecured card. In essence, no one will be able to tell the difference. And, with regular on-time payments, they can quickly rebuild their credit.

Once a secured card account is closed, the account holder will receive their deposit back in full. If, however, they fail to pay off their balance, the issuer has the right to withhold some (or all) of the deposit to recover their losses.

Features of Secured Cards

Many secured credit cards have a few features in common. These include:

  • Security Deposit: All secured cards require a deposit – typically starting around $200
  • Annual Fee: Secured cards usually charge an annual fee. These can range from $25 to over $100, though First Progress features very competitive yearly charges.
  • Report to Major Credit Bureaus: Most importantly, all secured cards report to the three major credit reporting bureaus: Equifax, Experian, and TransUnion. This regular reporting ensures that cardholders can quickly rebuild credit with responsible use of their card.

Who Can Benefit from a First Progress Secured Credit Card?

Who are secured cards designed for? First Progress credit cards are ideal for those who are new to credit. Those with no credit history at all often struggle to find a lender willing to take a chance on them.

For those individuals, secured cards provide a foothold into the world of credit. And, once they establish a strong credit history with regular payments, they can graduate to different types of unsecured cards, such as rewards credit cards.

Secured credit cards are also perfect for those in need of a credit boost. This includes consumers with previous financial troubles affecting their credit. Secured cards can also be useful to students who want to build a credit history, but aren’t ready to apply for an unsecured student credit card.

Common First Progress Credit Card FAQs

  • Secured cards differ from debit cards and prepaid cards in that they are credit cards. Secured cards might require a deposit, but this acts as the credit line. When you close the account in good standing, you get the deposit back. With a prepaid card, the deposit acts as an equivalent to cash – you add, you spend, and it’s gone.
  • Expedited processing allows customers to gain access to their First Progress secured card than standard processing and shipping. The cost is $19.95, however, making it essential in only small circumstances.
  • First Progress cards make the most sense for people with no credit and bad credit. The cards aim to help you improve your credit score by paying your bill on time. The bank reports to all the major credit bureaus.
  • No. The card does not say secured anywhere, meaning no one will know it is a secured card. Instead, all cards say “Platinum,” meaning they look – and act – like any other traditional credit card.
  • First Progress tries to offer a decision as quickly as possible. Often this can be instantaneous or within a few days. If you have not heard from the card issuer within three weeks of applying, call their customer service representatives.

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