This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website are the most popular and useful.
An avenue toward your dreams.
If you have low or no credit history, you can still get the benefits of a Mastercard. This one is just for you.
Perfect for you if:
- You have never had credit.
- You need to improve your credit score.
- You’d like to learn to better manage your finances.
Card Overview
- Build a positive credit history by using the card responsibly and making payments on time
- Activity is shared with the three credit bureaus, just like a regular credit card
- Accepted almost everywhere like any other credit card
- Secure your spending with an initial deposit that acts as your spending limit
- Enhanced chip security and contactless payment enabled
- Added fraud protection with customizable text alerts and controls
Card Details
- Minimum Deposit Required to Open a Card: $325
- Maximum Card Limit: $5,000
Amount Limits1
- Variable APR for Purchases and Balance Transfers: Currently 22.90%
- Variable APR for Cash Advances: Currently 25.90%
Interest Rates2
Fees3
- Annual Fee: $48 (to begin with the first statement, and then annually thereafter)
Mastercard® Benefits
The Platinum Secured Card comes with Mastercard’s suite of expert services and industry-leading benefits.
Zero Liability
Pay only for purchases that you have authorized on your Mastercard card. Unauthorized purchases are not your responsibility.
Credit Card Management
Access and manage your personal credit card through First Bank digital banking so you can seamlessly control your card.
Extended Warranty
Most manufacturer warranties are doubled up to one year when you pay with your eligible Mastercard.
Identity Theft Alerts
Reduce your risk of identity theft with this service that constantly monitors websites and chat rooms where criminals buy, sell and trade stolen identities. Should we detect any evidence of your information being traded or sold online, you’ll be alerted immediately. Enroll here.
Mastercard Automatic Billing Updater
Automatic billing updater is a convenient way to ensure your recurring payments continue when a new card is issued. This currently works with many national retailers, and we are continuing to expand it to more businesses.
24-hour Mastercard Global Service®
Provides 24-hour assistance with lost and stolen card reporting, emergency card replacement and emergency cash advance.
Need an easier way to manage your credit card?
Set spending limits, easily dispute unauthorized transactions, and do more with First Bank digital banking.
See The Capabilities
Credit-building FAQs
Tips and common questions about building a positive credit history from using a secured card.
When you sign up for our secured credit card, First Bank will report the account to the three credit bureaus. Then when you use your card and make your payments on time, you can build a positive credit history that can help you establish new and additional types of credit in the future. The following will help you get the most out of your card:
Ready to get started?
You may be interested in…
Loans subject to credit approval. See this recent sample Credit Card Agreement and Secure Credit Card Addendum for additional information about the general terms on our credit card products.
- Deposit used to secure card acts as spending limit
- APRs are current as of 5/22/2023. Ask us about the most current APR and any other cost associated with this card.
- See our Disclosure Summary for complete details on rates and fees. ®2024 Mastercard. Mastercard, Debit Mastercard, and the Mastercard brand marks are trademarks of Mastercard International Incorporated.