First Latitude Platinum Credit Card full review

Credit service that does not require a positive credit history

The First Latitude MasterCard® Secured Credit Card is the ideal card for those seeking financial stability through a new credit history, as it does not require proof of income or review of history.

The service offered reports its financial development to the three main credit agencies (Experian, TransUnion and Equifax) on a monthly basis.

When you post a security deposit, you set the limit set on your card, so the amount becomes a guarantee for your First Latitude MasterCard obligations.

Continue on the post to learn how to purchase this card that could be exactly what you were looking for!

How does the First Latitude MasterCard® Secured Credit Card works?

With a small annual fee charged The First Latitude MasterCard® Secured Credit Card is ideal for anyone seeking financial independence and the start of a healthy credit history.

In addition to reports sent to the three main credit bureaus. The service does not require positive credit history or even history only. With an easy way of joining, the credit card becomes necessary for them.

Credit card is accepted worldwide online, with fast service delivery, credit report starts from account opening, which only needs a refundable deposit of $100 to $2,000 to be carried out.

If your application is accepted, you will receive the deposited amount as credit, as it is a secure credit service. The First Latitude MasterCard® Secured Credit Card charges a 3% foreign transaction fee.

The First Latitude MasterCard Secured Credit Card charges a fee for the first year of purchase of $25, after the first year the fee charged reaches $35. This card does not offer an intro APR rate on new purchases.

what are the benefits of the First Latitude Platinum Mastercard Secured Credit Card?

Easy card membership

One of the main benefits of the card is that it is easy to sign up, because in addition to not needing a positive financial credit history, it also has its limit defined according to the deposit you make, which can be from $100.

In this way, the installments will be able to fit perfectly into your economic routine and thus start a new credit history that will be reported to the three main credit agencies in the country.

Acceptance across the country

The First Latitude MasterCard Secured Credit Card is accepted worldwide online and across the United States, enabling the user to be prepared for any emergency anywhere in the world.

For purchases made abroad, a $3 fee will be charged.

Quick start of credit analysis

You won’t have to wait days or weeks for your credit report to be forwarded for analysis, as from the moment your account is opened your information will be forwarded to the aforementioned credit agencies. By paying your bills on time, you can continue to build up your credit.

Pros and Cons of the First Latitude MasterCard® Secured Credit Card

Pros

• No prior credit history consultation
• Credit reporting for the three major US credit bureaus (Experian, TransUnion, and Equifax)
• Accepted nationwide and worldwide (online)
• By paying your bills regularly for six months, you can apply for a second card!

Cons

• Does not offer rewards for purchases or cash back
• Annual fee charged up to $35
• The maximum credit limit that can be purchased is up to $5,000
• There is a $3 fee charged for transactions carried out abroad

How to apply and get a First Latitude MasterCard Secured Credit Card?

The form of joining the card is simple and can be done through official channels of the service, such as the website, where you will follow the steps requested in the form. You must also be at least eighteen years of age to apply for the acquisition.

Here we will explain in detail how to make this purchase that can make a difference in your life!

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