How to Secure Your First Progress Routing Number

What Bank Issues First Progress Credit Cards?

The First Progress Platinum Prestige Mastercard Secured Credit Card is a credit card issued through Synovus Bank. Synovus Bank is an FDIC insured financial institution with locations in Alabama, Georgia, Tennessee, South Carolina, and Florida. With the First Progress credit card, you can deposit up to $2,000 as a security deposit to open your account. This security deposit is FDIC insured and provides assurance that your funds are safe. The First Progress credit card offers competitive rates and terms to help you build or rebuild your credit. The card also offers access to 24/7 customer service and online account management tools.

Making a Payment to First Progress

To make a payment to First Progress, you have several options. You can pay online through the secure customer portal on our website, by calling 1-888-403-4783, or by using the bill payment option offered by your bank. Additionally, you can use MoneyGram or Prism to make a payment or send your payment via mail to the address printed on your statement. For any questions regarding payments and billing, please don’t hesitate to contact us at 1-888-403-4783.

Is First Progress a Legitimate Credit Card?

Yes, the First Progress Mastercard is a real credit card. It’s a full-featured credit card that provides access to a credit line without the need for a credit score. Instead, it uses a refundable security deposit to provide access to a line of credit. The card also reports your payments to all three major credit bureaus each month, which can help you establish or re-establish your new credit history.

The Impact of First Progress on Credit Scores

Yes, First Progress can help increase your credit scores over time. By using your First Progress credit card responsibly and paying your bill on time evey month, the company will report your activity to each of the three major credit bureaus (Experian, TransUnion and Equifax). As a result, this information can be used to build a positive credit history, which could lead to higher credit scores. Additionally, as you make payments on time and keep your balance low compared to the card’s limit, these good habits can also help boost your score.

What Is the Credit Limit for First Progress?

First Progress offers credit limits between $200 and $2,000, depending on the amount of your initial deposit. This allows you to access a credit limit that is tailored to your financial circumstances. Furthermore, First Progress reports to all three major credit bureaus, meaning that as you use your card responsibly and make payments on time, you can build up your credit score over time. With the right management, you could potentially qualify for larger credit limits in the future.

Withdrawing Money From a First Progress Card

Yes, you can withdraw money from your First Progress card! You will need to have a PIN associated with your account before you can do so. If you don’t already have one, you can call thir customer service department at 866-706-5543 to request one. Once you have your PIN set up, simply go to an ATM that accepts Mastercard and follow the instructions on the screen to withdraw cash from your First Progress card. Make sure to keep in mind any fees or limits associated with using your card for cash advances.

Requesting a Higher Credit Limit for First Progress

In order to request a higher credit limit for First Progress Platinum Select, you can call their customer service line at (866) 706-5543. When you call, you will need to provide your account number and other identifying information. After verifying your identity, First Progress Platinum Select will review your account information and may offer you an increase in your credit limit depending on their assessment. You can ask for a credit limit increase every 6 months, with the maximum credit limit obtainable over time being $5,000.

Processing Time for Payments with First Progress

It typically takes First Progress up to 3 weeks to process a payment. However, if you opt for expedited processing at the cost of $19.95, your application will be processed in as little as 7 days. Please note that this does not guarantee approval, but it does expedite the decision-making process.

Adding Money to a First Progress Card

Yes, you can add more money to your First Progress card. You can increase your credit limit by adding funds to your security deposit, up to $2,000. To do this, you will need to contact First Progress and receive approval befoe adding the additional funds. Please note that if you decide to close your account and request a refund of your security deposit, it may take up to 10 business days for the refund to be processed.

Does First Progress Offer Refunds on Deposits?

Yes, First Progress does refund deposits. When you close your account, you can expect to receive your refundable security deposit back wthin 10 weeks.

Does First Progress Offer Unsecured Credit Cards?

No, First Progress does not offer unsecured credit cards. Instead, this issuer specializes in offering secured credit cards. With a secured card, you must make a refundable security deposit to open the account. This deposit acts as collateral and is used to cover any unpaid charges in case of default. Secured credit cards are often marketed toward individuals who are looking to establish or rebuild their credit scores.

Conclusion

The First Progress Platinum Prestige Mastercard Secured Credit Card is a great option for those looking to build or re-establish their credit history. The card requires a refundable security deposit of $200 – $2,000 with Synovus Bank and features no annual fee and no credit check. Additionally, the card reports to all three credit bureaus every month and allows you to make payments via several convenient methods, such as online, by phone, with MoneyGram or Prism, or by mail. With tese helpful features plus responsible use of the card, you can work towards achieving your financial goals and increasing your credit score.