Is the First Progress Platinum Select card a credit card? This question is about the First Progress Platinum Select Mastercard® Secured Credit Card

Is the First Progress Platinum Select card a credit card?

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

WalletHub, Financial Company

@WalletHub • 09/25/19 This answer was first published on 09/25/19. 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 Select Mastercard is a secured credit card. The only difference between a secured credit card and a "regular" credit card is the fact that you are required to place a refundable security deposit that serves as your credit line.

So, to answer your question, the First Progress Secured Credit Card can be used like a regular credit card, not a debit card, and will report to the credit bureaus just like a regular credit card would.

Rafael George, Member

@rafaelg_41 • 01/11/18 This answer was first published on 01/11/18. 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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Regular credit card. It's not a debit card, you can withdraw money from this card at an ATM but remember, the fee will be high.

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