How to Apply for Indigo Platinum Mastercard
Before you apply for an Indigo credit card login, you must first prequalify. To do this, visit the Indigo credit card application website and enter basic information about yourself, such as your Social Security number. Within seconds, you’ll know whether you’ll be approved or rejected. Once you’ve received a favorable decision, you can move on to the full application process. Here, you can read more about the card’s features, such as the annual fee and interest rate. When you’re ready, you can submit the full application and a hard inquiry will be left on your credit report.
This card is ideal for individuals with no credit or bad credit history. This card is designed to help you build a credit history by giving you a chance to spend responsibly. However, you must be aware of the high APRs that this card has, including a penalty APR for late payments. You should make your payments on time each month to prevent late fees because this card will charge you $40 if you miss a payment.
This credit card is issued by Celtic Bank, which may be on your credit report as CB INDIGO. When you apply for a new credit line, such as a card, a hard inquiry is made on your report. Whether it’s a personal loan or a credit card, a hard inquiry will drop your score a few points. Applying for too many cards with a high number of hard inquiries can damage your credit score.
Minimum credit score requirements
Before applying for the Indigo Platinum MasterCard, you’ll need to find out what the minimum credit score is for this card. This is a credit card that reports your payment history to the major credit bureaus. Once approved, you’ll receive an acceptance letter in as little as 60 seconds. The first year of the card comes with no annual fee. If you can meet the minimum score, you may qualify for a no-annual-fee card. However, after that, you’ll be charged a $99.00 annual fee.
While the minimum credit score requirements for Indigo Platinum Mastercard vary from lender to lender, they’re still reasonable for most applicants. Typically, the card comes with a 23.9% annual interest rate, which is a fairly decent rate for poor credit applicants. As long as you can afford to pay off the balance every month, this card is a good way to prequalify without hurting your credit score.
While the Indigo Platinum Mastercard charges an annual fee, it’s worth it for those who have bad credit or no credit history. With this card, you won’t have to worry about a credit check or a security deposit. Unlike a secured card, which requires a minimum deposit of $200, you can build credit with this card. And, unlike other cards, you don’t have to worry about paying for an annual fee every year – there’s no need to pay it again!
The annual fee for Indigo Platinum Mastercard varies from $59 to $99, depending on your credit score and other factors. To ascertain if you qualify, it’s crucial to take into account both your income level and the total amount of debt you owe. However, the most important factor is the credit limit. The card may have a $300 limit, but it won’t increase this limit. If you need more money for purchases, you might want to choose another card.
Foreign transaction fees
The Indigo Platinum Mastercard does not have an app for mobile devices, but it does offer an online account. Annual fees vary between $0 and $99, and will be deducted from your credit limit when you open your account. When you buy goods overseas, you will pay a 1% foreign transaction fee, as well as a $4.50 fee when you use the card to withdraw money from ATMs. Those with poor credit may be concerned about the high APR, but the card does offer an opportunity to prequalify for credit without damaging your score.
The Indigo Platinum Mastercard is also a great choice for people with poor credit. Its APRs are competitive and you can expect no foreign transaction fees. The rewards program is also very generous, with 2%-10% cashback at certain merchants. It also reports to the three credit bureaus and does not charge a monthly maintenance fee. It is important to note that a 0% balance transfer fee may result in an increased credit card bill, which is another reason to apply for a lower-rate card.