Is the First Progress Platinum Select card a good credit card?

The First Progress Platinum Select is a good card If you have no credit or ​bad credit.

It helps you build credit history by reporting to all three major credit reporting agencies. With that said, like most secured cards, the Platinum Select does require an initial security deposit, which becomes your credit limit.

The only major downside I see is the annual fee. You can find better alternatives without annual fees, such as Discover it Secured and Capital One Secured.

In addition to no-annual-fees, the Discover offering has rewards in the form of cash back and the Capital One offering has the potential to be partially secured, meaning that your credit limit can be higher than your initial security deposit.