The First Progress Select Secured Mastercard® is a secured credit card designed for people who want to build or rebuild their credit history. Issued by First Progress, this card requires a refundable security deposit that determines your credit limit, offering a simple and controlled way to establish positive credit habits while earning cash back.
Advantages of this credit card
- Refundable security deposit from $200 to $2,000, which sets your credit limit
- Ability to increase your credit line up to $5,000 over time
- 1% cash back rewards on eligible purchases
- All credit types welcome, including no credit or poor credit
- Monthly reporting to Experian, Equifax, and TransUnion
- Secured credit card with higher approval chances
- Accepted everywhere Mastercard is used, worldwide
| Feature | Details |
|---|---|
| Rewards Rate | 1% cash back |
| Credit Line | $200 – $2,000 (based on security deposit) |
| Maximum Credit Line | Up to $5,000 over time |
| Credit Recommended | All credit types (Building or Rebuilding) |
| Regular APR | Not disclosed |
| Cash Advance APR | Not disclosed |
| Annual Fee | Lower annual fee compared to similar secured cards |