Unfortunately, this card comes with neither. Many cardholders seek some type of welcome offer or rewards program with their credit cards. There are a handful of other fees, including late penalty fees, overlimit fees and returned payment fees to be mindful of, but those can be easily avoided as long as you pay your bill on time and keep to the terms of your credit card. Your best bet is to pay your balance off in full by either utilizing the website, pay by phone or mailing your check payment early in case of slow processing times. On top of all of this, it carries a high APR, which can be costly if carrying a balance month-to-month. Combine this with an initial credit limit of $300, and you might receive the card with only 75% of your credit limit available to start. For some new cardholders, the initial annual fee could be as much as $75, increasing to $99 in the years following. This card comes with a slew of fees, depending on your offer. It would also be imperative to maintain a low balance as credit utilization is a factor in your credit score. By making regular and on-time payments, this card serves as a springboard for building credit and demonstrating good financial responsibility. It Can Help Build CreditĪs a card that reports to the three major credit bureaus (TransUnion, Equifax and Experian), this card can lead to an improvement or establishment of credit. For rebuilding or establishing credit, this may not be a big deal but could make big-ticket purchases difficult. If approved, the credit limit is set at $300, but fortunately does not require a security deposit. If you wish to move forward, a full credit application will have to be completed along with a full credit check. Pre-qualifying also comes with no ding to your credit score. Even those with bankruptcies may be approved for this card. The Indigo® Mastercard® offers a pre-qualification tool to let you know quickly if an approval is likely. These are provided as guidelines only and approval is not guaranteed. This is just one scoring method and a credit card issuer may use another method when considering your application. Will I be definitely approved at the IndigoCard platform?Īlthough our official IndigoCard credit standards are designed to help many individuals with credit issues, we cannot guarantee any cardholder 100% approval of the Indigo Card.Credit Score ranges are based on FICO® credit scoring. The official by the brand APR is set at 24.90%, there is a 1% overseas transaction fee, a late fee of up to $ 39 for all the cardholders. In addition to a relevant annual subscription at the IndigoCard Login, other costs must be taken into consideration on the Indigo Platinum Mastercard. Unfortunately, the Indigo Platinum Mastercard does not offer any new cardholders a welcome bonus or an initial APR award yet in the activation procedure. Is there a welcome bonus on the Indigo card? Cardholders who are solely responsible use of the Indigo Card will be reported to all three major credit bureaus for authenticity. The official IndigoCard as a Platinum Mastercard is not a prepaid card use. Why should I enroll at the IndigoCard Login? If possible, pay the balance in full to avoid every interest charges. You may be eligible for the $ 0 annual fee on brand norms.Ĭardholders must make regular payments and fees on time to improve your current credit rating or scores. You have bad credit scores previous history or data and need a card with good approval rates. To submit a prequalification request or the application, you must:īe of the age 18 years old (19 years old in Alabama) You must be pre-qualified to apply for a loan with the IndigoCard Login. Anyone interested in accumulating the credit points or restoring their credit limit can apply for the IndigoCard which is a Platinum Mastercard. Check out the frequently asked question in which the official gave many helpful answers in detail for the cardholders.
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