What is the First Progress Platinum Elite minimum payment? This question is about the First Progress Platinum Elite Mastercard® Secured Credit Card

What is the First Progress Platinum Elite minimum payment?

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This question is about the First Progress Platinum Elite Mastercard® Secured Credit Card

Sebi Mitchell, Credit Cards Moderator

@sebim • 04/19/21 This answer was first published on 04/19/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The First Progress Platinum Elite minimum payment is $40 or 5% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $40, the First Progress Platinum Elite minimum payment will be equal to the balance. In addition, if you recently missed a payment or exceeded your credit limit, First Progress may add a late fee or the overlimit amount to your minimum payment.

The minimum payment is the smallest amount you’re obligated to pay by the due date for your First Progress Platinum Elite account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.

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What is the First Progress Platinum Elite Mastercard credit limit?

The First Progress Platinum Elite credit limit is $200 to $2,000. Everyone who gets approved for First Progress Platinum Elite is guaranteed a credit limit of at least $200, though each person’s exact starting credit limit will depend on how much of a security deposit they put down. When you first open the secured card, the amount of your security deposit will be your credit limit.... read full answer

The First Progress Platinum Elite credit limit that you start with isn’t necessarily your credit line forever. First Progress will usually allow you to increase your security deposit for a higher credit line.

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How can I pay my First Progress Platinum Elite card?

The easiest way you can pay your First Progress Platinum Elite is either online or by phone at (866) 706-5543. Alternatively, you can pay by mail. More specifically, you can make a First Progress Platinum Elite payment:

Online: By creating an online account, you will be able to review, manage and pay your First Progress Platinum Elite bills online.... read full answer

By phone: You could also call (866) 706-5543 or the number on the back of your card.

By mail: Ultimately, you can pay your credit card bill by mailing a check to the following address:
First Progress Card

P.O. Box 84091

Columbus, GA 31908-4091

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How does the First Progress late payment forgiveness work?

There isn't such a thing as a First Progress late payment forgiveness.

First Access states in the card’s Terms and Conditions that if they do not receive at least the minimum payment due by the due date shown on your monthly billing statement, you will be charged a late payment fee. ... read full answer

If it's the first occurrence however, you can try calling them to see if you can work something out, at (888) 267-7980.

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