Indigo Platinum Mastercard is a renowned credit card created for individuals with no or poor credit history and is issued by Celtic Bank. The credit card is an unsecured credit card and thus, does not require any sort of deposit. The card works more like a tool that aids in building a good credit report.
If you’re an individual facing rejections from banks due to your bad or no credit report, applying for the Indigo Platinum Mastercard would come in handy as the bank does not consider a certain amount of cash in hand, any fixed deposit, or a remarkable credit score to get in.
Even if you’re landing between 300-600 credit score, your chances of getting the credit card issued are high which is not the same with any other bank.
The procedure of applying for a credit card is also very simple. For a safer side, you can apply with their pre-apply form where you’ll know your chances of getting approved or rejected and on the basis of this, you can further decide whether you should apply for it or not.
This is a safe method as if you directly apply and get rejected (Although the chances are less), it will impact your credit score. However, knowing the chances will save you from an instant rejection. Talking about the rewards you are going to get along with the card, it is not very tempting and exciting.
But at the same time, you are not going to be disappointed with their APR and annual fee as it is justified and not heavily charged.
Unlike other brands, you’re not going to get any reward points that you can redeem later or such, but since the main aim of this card is to provide a better credit score, it is acceptable. Additionally, unlike others, you’re not going to automatically be promoted to a better deal with tempting offers and low-interest rates after using the card for a year or so.
The offer will remain the same and thus, you can use it as a temporary solution for repairing your credit score.
The Credit Card Limit of your Indigo card can go as high as $300 on which you will have to bear a $75 annual fee for the first year and $99 for afterward. If you fail to pay the bills on time, you will have to pay $40 on your balance as a late fee.
The good part of your credit card is the rate of the foreign transaction fee which is only 1% and it is very low as compared to the other brands. There are many more benefits of using the Indigo credit card as well.
Overall, the Indigo credit card is an apt card with prominent customer support for users who wants to build or re-build their credit report. For other information such as knowing the status of your credit card application or canceling your credit card, you can refer to our other pages of the website.