Is Indigo platinum a real credit card? This question is about the Indigo® Mastercard® for Less than Perfect Credit

Yes, Indigo Platinum is a real credit card that you can use to make purchases and build credit, just like any other credit card. The Indigo Credit Card is available to people with bad credit, offers a $300+ credit limit, does not require a security deposit, and reports account information to the major credit bureaus. Key Things to Know About the Indigo Credit Card You can qualify with bad credit. It’s an unsecured credit card, so no deposit is required. Credit limits start at $300. It can help build credit as it reports account information to the 3 major credit bureaus monthly. There aren’t any rewards, and the APR is pretty high. The annual fee is based on your creditworthiness and can be anywhere from $0 - $99. The annual fee lowers the available credit that you start off with. For example, if you have a credit limit of $300 and a $99 annual fee, you’ll have $201 in available credit when you get the card. With its fees and high interest rates, the Indigo Credit Card may not be the best option if simply building credit is your top objective. To find some alternative cards, check out WalletHub’s editors’ picks for the best credit cards for bad credit.

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Is Indigo platinum a real credit card?

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This question is about the Indigo® Mastercard® for Less than Perfect Credit

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Milvionne Chery Copeland, Writer

@milvionne_copeland • 06/29/22 This answer was first published on 06/29/22. 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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Yes, Indigo Platinum is a real credit card that you can use to make purchases and build credit, just like any other credit card. The Indigo Credit Card is available to people with bad credit, offers a $300+ credit limit, does not require a security deposit, and reports account information to the major credit bureaus.

Key Things to Know About the Indigo Credit Card

You can qualify with bad credit.
It’s an unsecured credit card, so no deposit is required.
Credit limits start at $300.
It can help build credit as it reports account information to the 3 major credit bureaus monthly.
There aren’t any rewards, and the APR is pretty high.
The annual fee is based on your creditworthiness and can be anywhere from $0 - $99.
The annual fee lowers the available credit that you start off with. For example, if you have a credit limit of $300 and a $99 annual fee, you’ll have $201 in available credit when you get the card.

With its fees and high interest rates, the Indigo Credit Card may not be the best option if simply building credit is your top objective. To find some alternative cards, check out WalletHub’s editors’ picks for the best credit cards for bad credit.

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Is the Indigo Credit Card a secured credit card?

No, the Indigo Credit Card is not a secured credit card. Rather, the Indigo Credit Card is an unsecured credit card for people with bad credit, which means it does not require cardholders to pay a refundable security deposit for collateral.

The Indigo Credit Card is designed as a credit-builder card, so your approval odds are pretty high, even with bad credit. The Indigo Credit Card also comes with a $300 credit limit and an annual fee of $0 - $99, which is subtracted from the card’s initial spending power.... read full answer

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What bank is the Indigo credit card from?

The Indigo credit card is issued by Celtic Bank and serviced by Genesis FS Card Services, Inc. Celtic Bank is an FDIC-insured bank founded in 2001 in Salt Lake City, Utah, while Genesis FS Card Services, Inc. has serviced Mastercard accounts across North America since 2013.

The Indigo Credit Card is intended for applicants with bad credit. Its key features are an unsecured credit line, fairly low fees, and monthly credit-bureau reporting. The annual fee is $0 - $99, depending on your overall creditworthiness.... read full answer

This card has a WalletHub editor’s rating of 3/5. More details can be found in our full Indigo Credit Card review.

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What is the Indigo Platinum Mastercard credit limit?

The Indigo Credit Card credit limit is $300, at a minimum. This is a standard starting credit limit for an unsecured credit card for people with bad credit. It's important to note that cardholders may start out with less available credit, since the card’s annual fee of $0 - $99 will be charged when the account is opened.... read full answer

What you should know before applying for the Indigo Credit Card:

It is worth noting that the issuer does not offer Indigo Credit Card credit limit increases. So, your credit line will remain the same until you close the account.

Ultimately, keep in mind that your credit limit will be determined based on a variety of factors, but the most important ones are your credit history and disposable income.

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