![]() ![]() It is possible to earn cash back on qualifying purchases. Keep these limits in mind, as using more than around 30% of your credit limit can harm your credit score. With the first-year annual fee of $75 for the lowest-tier version, your initial available credit would be just $225. ![]() However, cardholders with lower credit limits may find themselves only able to access a portion of their credit initially. The Indigo Platinum Mastercard has 40 different cardholder agreements, so you don’t know your rates and fees unless you apply.Ĭredit limits range from $300 to $2,000. ![]() Annual fees range from $0 with better credit to $99 for those with worse credit. The annual fee varies depending on your credit history. You’ll also pay either $5 or 5%, whichever is higher, on each cash advance transaction up to a maximum of $100 and be charged 1% on foreign transactions, though these fees can be avoided. The card carries a high annual percentage rate (APR) of 29.9%. This won’t impact your credit score and will reveal certain terms, including the annual fee you’d pay. You can find out instantly if you qualify with a pre-qualification application. The Indigo Platinum Mastercard is best for someone with less than good credit looking for a traditional credit card that doesn’t require a security deposit. Who is the Indigo Platinum Mastercard for? If you have the funds for a secured credit card deposit, a no-annual-fee secured rewards credit card could be a better option. However, high fees and interest rates could make it a poor choice for someone who qualifies for other credit cards. The Indigo Platinum Mastercard is a traditional credit card available to applicants with bad credit. Here’s a closer look at how the Indigo Platinum Mastercard works so you can decide if it’s the right fit for you. However, low credit limits and potentially high fees make it a poor choice for anyone with good credit or who can qualify for a card with no annual fee and a lower interest rate. If you don’t want a secured credit card and want to build credit, this traditional card may be a reasonable choice. The Indigo Platinum Mastercard is a credit card for people with a spotty credit history looking to rebuild their credit score. ![]()
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