First Progress Platinum Prestige Secured Mastercard
By Alex Compton · Last verified
The lowest APR in the secured card world, if you are willing to pay for it.
Welcome Bonus
Under review
Current claim suppressed
Spend Requirement
Under review
Annual Fee
Under review
Last recorded terms remain in the history below
Credit Score
None
required (no minimum score)
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
No numeric welcome bonus recorded
This product has no points- or cash-denominated offer to plot. Dated no-offer observations, non-points benefits, corrections, and primary-source links remain preserved in the table below.
| Observed | Offer | Requirement | What changed | Evidence |
|---|---|---|---|---|
| 2026-06 | $0 | No recorded spend | Earliest recordNo welcome offer | Archive record · no attached snapshot |
Primary-source verification log
Append-only evidence ledgerEvent-level primary-source attachments begin with the September 2026 verification system. Older records remain visible but are not retroactively presented as evidenced.
Source checked 2026-06-10 · spot an outdated offer? Report a correction above.
Last Recorded Earning Rates
These terms are historical context and are not presented as current.
- 1xCash back on payments made to the account
Last Recorded Credits
No statement credits, this card wins on earn rates, not coupons.
Last Recorded Benefits
Confirm availability and enrollment requirements with the issuer.
- ✦13.49% variable APR, the lowest of any major secured card
- ✦1% cash back earned on payments
- ✦Refundable deposit from $200 up to $2,000 sets your line
- ✦No minimum credit score and no credit history required
- ✦Reports to all three credit bureaus monthly
Why it earns its spot
- +By far the cheapest secured card to carry a balance on
- +Approval is realistic after serious credit damage
- +Deposit range up to $2,000
Where it costs you
- −$49 annual fee is the highest of the three First Progress tiers
- −No graduation path to an unsecured card
- −Sibling Elite ($29 fee) and Select ($39 fee) tiers are cheaper if you never carry a balance
The Compound Verdict
First Progress sells the same card three ways: the Elite at $29 with the highest APR, the Select at $39 in the middle, and this Prestige at $49 with a 13.49% APR that embarrasses the rest of the category. The math is simple. If you will ever revolve a balance while rebuilding, pay for the Prestige. If you always pay in full, buy the Elite and keep the $20.
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