Reflex Platinum Mastercard: Fast Approval, $1,000 Credit Limit, & More

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Key takeaways

The Reflex Platinum Mastercard offers a swift approval process, often providing instant decisions for applicants.
Cardholders can start with a credit limit of up to $1,000, with the potential to double this limit through responsible use.
Regular reporting to all three major credit bureaus and easy approval makes it an excellent choice for those looking to build credit.

Do you have a limited credit history or want to repair your bad credit? Would you like a new credit card to help you with that? Look no further than the Reflex Platinum Mastercard. This card is designed specifically for individuals with poor, fair, or limited credit in mind. It is an ideal choice for those who need to rebuild their credit score.

The Reflex Platinum Mastercard offers a sizable initial credit line of up to $1,000, which can double in just six months with timely payments. It reports your credit activity to all three major credit bureaus—Equifax, Experian, and TransUnion—on a monthly basis. Regular reporting and a high credit limit can help you raise your rating faster.

Before applying for the Reflex Platinum Mastercard, it’s essential to understand all the details and terms associated with the card. Let’s go over the Reflex card to see if it’s the right choice for you.

What we like about Reflex Platinum Mastercard

Elevate your credit score

One of the key features of the Reflex Platinum Mastercard is its commitment to reporting your monthly activity to all three major credit bureaus: Equifax, Experian, and TransUnion. It is only through reporting your credit activity that you have a chance of improving your credit score.

When the credit bureaus note your responsible card usage – on-time payments and maintaining a low utilization ratio – they reflect this positive behavior in your credit score. Timely payments demonstrate reliability and financial discipline, which are significant factors in credit scoring models. Additionally, keeping your credit utilization low—meaning you use a small portion of your available credit limit—indicates that you are not overly reliant on credit, which also positively impacts your score.

By regularly using the Reflex Platinum Mastercard and adhering to these responsible credit practices, you can steadily improve your credit score. This card not only provides the opportunity to enhance your creditworthiness but also offers a structured way to achieve better financial health over time. Whether you are starting from scratch or recovering from past credit issues, the Reflex Platinum Mastercard can be an essential tool in your journey toward a higher credit score and greater financial stability.

Credit made accessible

The Reflex Platinum Mastercard stands out for its inclusive approach to credit accessibility. Unlike many traditional credit cards, which require a minimum credit score of at least 580 for approval, the Reflex Platinum Mastercard welcomes all applications across the credit spectrum. Whether you have no credit history or poor credit, Reflex offers an opportunity to access credit and begin rebuilding your financial standing.

Reflex understands that everyone deserves a chance to improve their financial situation, which is why they have eliminated the barrier of a minimum credit score requirement. By doing so, Reflex opens the door for many individuals who might otherwise be excluded from the credit system.

Double your credit limit

With the Reflex Platinum Mastercard, you have a unique opportunity to double your credit limit in just six months, making it a standout feature of this card. The process is straightforward: make your first six monthly payments on time. This simple yet impactful action demonstrates responsible credit usage and reliability, which Reflex rewards by increasing your credit limit.

By establishing a positive payment history with timely payments, you not only secure a higher credit limit—up to $2,000—but also set the stage for improving your credit score. A higher credit limit can significantly benefit your credit utilization ratio, which is the percentage of your available credit that you are using. Lowering this ratio can positively impact your credit score, as it shows that you are managing your credit responsibly without maxing out your limits.

Moreover, an increased credit limit provides greater purchasing power, giving you more flexibility in managing your expenses and making larger purchases when necessary.

Easy online access

Managing your Reflex Platinum Mastercard account is both simple and convenient, thanks to Reflex’s user-friendly online platform and mobile app. This seamless digital access ensures that you can keep track of your credit activity and manage your account efficiently, no matter where you are. Whether you are at home, at work, or on the go, you have complete control over your finances at your fingertips.

Easily Build Credit

“I had no credit history due to being afraid of credit cards. This card helped me get started on the path to getting a better credit score. The customer service was friendly and answered my newbie questions about credit cards which helped me make the leap to getting my first credit card.” Holly W, Supermoney Review

The online platform and mobile app provide a comprehensive suite of tools to help you stay on top of your account. You can easily view your transaction history to monitor your spending and ensure all charges are accurate. Making payments is straightforward, allowing you to quickly and securely pay your bill without the hassle of mailing checks or visiting a bank. This ease of use promotes timely payments, which is crucial for maintaining a positive payment history and improving your credit score.

In addition to transaction and payment management, the platform also offers features to help you monitor your credit progress. You can keep an eye on your credit utilization and see how your responsible card usage impacts your overall credit health. This real-time access to your financial information empowers you to make informed decisions and stay proactive about your credit management.

Prequalify today for Reflex Platinum Mastercard

Discover if you prequalify for the Reflex Platinum Mastercard without impacting your credit score! The prequalification process is a smart first step before officially applying for a credit card. By checking your prequalification status, you can gain insight into whether you meet the basic criteria for approval without affecting your credit score.

While prequalification does not guarantee final approval, it is a valuable indicator that you are on the right track. This preliminary check helps you avoid unnecessary applications that might otherwise lead to hard inquiries, which can temporarily lower your credit score. Knowing that you are prequalified can also streamline the application process, as you can proceed with a higher degree of certainty.

Instant approval

Applying for the Reflex Platinum Mastercard is a straightforward process designed to provide you with instant approval whenever possible. When you apply online, you can receive a notification within seconds, thanks to the efficient approval system managed by Celtic Bank, the card’s issuer. This rapid response ensures that you won’t be left waiting anxiously to know whether you’ve been approved.

The instant approval process hinges on the bank’s ability to verify your identity and assess your ability to pay promptly. If everything checks out, you’ll receive your approval right away. This immediate feedback can be incredibly reassuring, especially for those eager to start rebuilding their credit as soon as possible. However, if additional information is needed or further verification is required, you can expect a decision within a few business days.

Once you are approved, the Reflex Platinum Mastercard will be swiftly dispatched and should arrive at your address within three to ten business days. This quick turnaround allows you to begin using your new credit card without unnecessary delays.

Enjoy Mastercard’s universal appeal

With the Reflex Platinum Mastercard, you gain the flexibility and convenience of using your credit card almost anywhere. Unlike retail cards that restrict you to specific stores or chains, the Reflex Platinum Mastercard is a fully-fledged credit card backed by Mastercard, one of the most widely accepted payment networks globally. This universal acceptance means you can use your Reflex card basically anywhere – online, in-store, and even abroad. Mastercard’s extensive network spans millions of locations worldwide, offering you the power and freedom to manage your finances without limitations.

Free access to your Vantage 3.0 score from Experian

When you sign up for e-statements with the Reflex Platinum Mastercard, you get free access to your Vantage 3.0 score from Experian. This feature ensures that you are never in the dark about your credit status, providing you with a clear and ongoing view of your credit score.

The Vantage 3.0 score, created by the major credit bureaus, including Experian, offers a comprehensive overview of your credit health. By having regular access to this score, you can track your progress over time and understand the impact of your financial behaviors. Whether you are making on-time payments, reducing your credit card balances, or diversifying your credit mix, you will see how these actions reflect in your score.

This free access to your credit score allows you to make informed financial decisions and adjust your strategies as needed. It also helps you identify and address potential issues promptly, such as errors on your credit report or unexpected drops in your score. With this continuous insight, you can stay proactive in managing your credit.

Get Mastercard’s Zero Fraud Liability Protection

Like all Mastercard’s, the Reflex Platinum card includes Mastercard’s Zero Fraud Liability Protection. This robust feature ensures that you are not held responsible for unauthorized transactions made on your card, offering you peace of mind in case your card is lost, stolen, or used fraudulently.

Should you find yourself in such a situation, it is essential to report the incident to the card issuer as soon as possible. Once reported, the issuer will conduct a thorough investigation and take the necessary steps to resolve the problem and protect your finances.

Mastercard’s Zero Fraud Liability Protection allows you to shop with confidence, knowing that your money is safeguarded against fraudulent activities. This protection extends to both in-person and online transactions. By promptly reporting any unauthorized activity, you enable the card issuer to intervene quickly and mitigate any potential losses.

What to watch out for with Reflex Platinum Mastercard

Navigating annual fees

The Reflex Platinum Mastercard includes an annual fee ranging from $75 to $125. This fee helps cover the array of services and benefits provided by the card and is a common feature among credit cards tailored for individuals with less-than-perfect credit. While the annual fee might seem substantial at first glance, it is important to consider the overall value that the card offers, especially in terms of credit-building opportunities.

Reflex Platinum Mastercard’s additional fees

When evaluating the annual fee, it’s crucial to assess your budget and spending habits. Determine if the services and benefits provided by the card align with your financial goals and whether the potential for improved credit health outweighs the cost of the fee. For many, the advantages of building a solid credit history with the help of the Reflex Platinum Mastercard can justify the annual fee, making it a worthwhile expense in the long run.

Alongside the annual fee, the Reflex Platinum Mastercard has several additional fees that cardholders should be aware of to effectively manage their finances. One notable fee is the monthly maintenance fee of $10, which is waived for the first year. This waiver offers some initial relief, allowing you to focus on building your credit without incurring this extra cost during the first 12 months.

Furthermore, the card includes a standard foreign transaction fee of 3%. This means that any purchases made outside the United States will incur an additional charge, which is important to consider if you frequently travel abroad or make international purchases online.

In addition to these, there are late payment fees and returned payment fees, which can add up if you are not careful. Late payment fees are charged if you miss a payment deadline, while returned payment fees apply if a payment cannot be processed. These fees emphasize the importance of timely and accurate payments, not only to avoid extra charges but also to maintain a positive payment history, which is crucial for improving your credit score.

Variable APR

The Reflex Platinum Mastercard features a variable annual percentage rate (APR) of 29.99%, which fluctuates based on market conditions. While this rate is relatively high, it can be effectively managed with careful financial planning. The key is to pay off your balance in full each month, which will avoid incurring any interest charges.

Staying vigilant about your payment dates is crucial to avoiding interest charges and maintaining a positive payment history. Making timely payments in full not only helps you sidestep the high APR but also contributes to improving your credit score. This practice demonstrates financial responsibility and reliability to credit bureaus, which can lead to better credit opportunities in the future.

One way to avoid human error is to set up payment reminders or automate your payments. This proactive approach ensures that you never miss a due date, thus avoiding late fees and interest charges.

Bottom line

The Reflex Platinum Mastercard offers a valuable opportunity for those looking to get back on track with their credit or establish a credit history from scratch. This card is designed with accessibility in mind, featuring low approval requirements that make it available to a broad range of applicants. With the Reflex Platinum Mastercard, you have the potential to rebuild your credit score and set a solid financial foundation for the future.

To maximize the Reflex Platinum Mastercard’s credit-building benefits, it is essential to use the card responsibly. Make timely payments and keep your credit utilization rate low. By adhering to these practices, you can use this card to build credit.

1. Paycheck Advance is For eligible customers only. Your actual available Paycheck Advance amount will be displayed to you in the mobile app and may change from time to time. Conditions and eligibility may vary and are subject to change at any time, at the sole discretion of Finco Advance LLC, which offers this optional feature. Finco Advance LLC is a financial technology company, not a bank. Expedited disbursement of your Paycheck Advance is an optional feature that is subject to an Instant Access Fee and may not be available to all users. Expedited disbursements may take up to an hour. For more information, please refer to Paycheck Advance Terms and Conditions.

2. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. The Current Visa® Debit Card is issued by Choice Financial Group pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. The Current Visa® secured charge card is issued by Cross River Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required.

3. Individual results may vary. Using your credit card responsibly may allow you to improve your credit score. Credit building depends on various factors, including your payment history, credit utilization, length of credit history, and other financial activities.

4. Faster access to funds is based on comparison of traditional banking policies and deposit of paper checks from employers and government agencies versus deposits made electronically. Direct deposit and earlier availability of funds is subject to timing of payer’s submission of deposits.

5. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. Funds held in Savings Pods are FDIC-insured on a pass-through basis up to $250,000 at our partner bank Choice Financial Group, member FDIC

6. Actual overdraft amount may vary and is subject to change at any time, at Current’s sole discretion. In order to qualify and enroll in the Fee-Free Overdraft feature, you must receive $500 or more in Qualifying Deposits into your Current Account over the preceding 30-day period. For more information, please refer to Fee-free Overdraft Terms and Conditions.

7. You may earn Points in connection with your everyday spending and by completing other actions that Current designates as subject to the Current Points Program. The amount of Points granted for different actions as well as the purchase requirements necessary to earn Points will vary, and is subject to Current’s sole discretion. After qualifying, please allow 3-5 business days for points to post to your Current account. The Current Points program is not available to Teen Account holders. See Current Points Terms and Conditions.

8. Some fees may apply, including out of network ATM fees of $2.50 per transaction, late payment fees of 3% of any total due balance outstanding and past due for two or more billing cycles, foreign transaction fees of 3% of the full transaction amount (minimum $0.50), card replacement fees per card of $5 for regular delivery and $30 for expedited delivery, cash deposit fees of $3.50 per deposit, and third party processing fees.

9. Boost Bonuses are credited to your Savings Pods within 48 hours of enabling the Boost feature and on a daily basis thereafter, provided that the Savings Pod has accrued a Boost Bonus of at least $0.01. The Boost rate on Savings Pods is variable and may change at any time. The disclosed rate is effective as of August 1, 2023. Must have $0.01 in Savings Pods to earn a Boost rate of either 0.25% or 4.00% annually on the portion of balances up to $2000 per Savings Pod, up to $6000 total. The remaining balance earns 0.00%. A qualifying direct deposit of $200 or more is required for 4.00%. No minimum balance required. For more information, please refer to Current Boost Terms and Conditions.

10. Cryptocurrency services are powered by Zero Hash LLC and Zero Hash Liquidity Services LLC, and may not be available in all states. Terms and conditions apply. When you buy or sell cryptocurrency, a difference between the current market price and the price you buy or sell that asset for is called a spread. However, unlike most other exchanges Current does not charge an additional trading fee. Cryptocurrency transactions are a form of investment, and all investments are subject to investment risks, including possible loss of the principal amount invested. Cryptocurrency is not insured by the FDIC or any other government-backed or third-party insurance. Your purchase of cryptocurrency is not a deposit or other obligation of, or guaranteed by, Choice Financial Group or Cross River Bank. The cryptocurrency assets in your Zero Hash account are not held at Current, Choice Financial Group, or Cross River Bank. Current, Choice Financial Group, and Cross River Bank are not responsible for the cryptocurrency assets held in any Zero Hash account. Neither Current, Choice, nor Cross River Bank is involved in the purchase, sale, exchange of fiat funds for cryptocurrency, or custody of the cryptocurrencies. Terms and Conditions apply (platform and user agreements). Crypto on Current is not currently available in HI. Licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. This does not constitute investment advice.

11. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group. Your money is FDIC-insured on a pass-through basis up to $250,000 at each of our partner banks, Choice Financial Group and Cross River Bank, members FDIC.

12. Average value based on Fine Hotels + Resorts bookings in 2023 for stays of two nights. Benefits include daily breakfast for two, room upgrade upon arrival when available, $100 amenity, guaranteed 4PM late checkout, and noon check-in when available. Certain room categories not eligible for upgrade. $100 amenity varies by property. Actual value will vary based on property, room rate, upgrade availability, and use of benefits.

13. Up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

14. The maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

15. Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one- way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

16. Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.

17. Coverage for a Stolen or damaged Eligible Cellular Wireless Telephone is subject to the terms, conditions, exclusions, and limits of liability of this benefit. The maximum liability is $800, per claim, per Eligible Card Account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per Eligible Card Account per 12 month period. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

18. When an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty§ can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

19. Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited to up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

20. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

21. The secured Chime Credit Builder Visa® Card is issued by Stride Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.

22. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted.

23. The Annual Percentage Yield (“APY”) for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of September 20, 2023. No minimum balance required. Must have $0.01 in savings to earn interest.

24. There’s no fee for the Chime Savings Account. Cash withdrawal and Third-party fees may apply to Chime Checking Accounts. You must have a Chime Checking Account to open a Chime Savings Account.

25. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.

26. Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.

27. Based on a representative study conducted by Experian®, members who made their first purchase with Credit Builder between June 2020 and October 2020 observed an average FICO® Score 8 increase of 30 points after approximately 8 months. On-time payment history can have a positive impact on your credit score. Late payment may negatively impact your credit score.

28. On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.

29. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

30. SpotMe® on Debit is an optional, no fee overdraft service attached to your Chime Checking Account. To qualify for the SpotMe on Debit service, you must receive $200 or more in qualifying direct deposits to your Chime Checking Account each month and have activated your Visa debit card. Qualifying members will be allowed to overdraw their Chime Checking Account for up to $20 on debit card purchases and cash withdrawals initially but may later be eligible for a higher limit of up to $200 or more based on Chime Account history, direct deposit frequency and amount, spending activity and other risk-based factors. The SpotMe on Debit limit will be displayed within the Chime mobile app and is subject to change at any time, at Chime’s sole discretion. Although Chime does not charge any overdraft fees for SpotMe on Debit, there may be out-of-network or third-party fees associated with ATM transactions. SpotMe on Debit will not cover any non-debit card transactions, including ACH transfers, Pay Anyone transfers, or Chime Checkbook transactions. SpotMe on Debit Terms and Conditions.

31. Tipping or not tipping has no impact on your eligibility for SpotMe®.

32. Out-of-network ATM withdrawal fees may apply except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

33. Save When I Get Paid automatically transfers 10% of your direct deposits of $500 or more from your Checking Account into your savings account.

34. Round Ups automatically round up debit card purchases to the nearest dollar and transfer the round up from your Chime Checking Account to your savings account.

35. Mobile Check Deposit eligibility is determined by Chime in its sole discretion and may be granted based on various factors including, but not limited to, a member’s direct deposit enrollment status.

36. Funds are automatically debited from your Checking Account and typically deposited into the recipient’s Checking Account within seconds. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed.

37. Pay Anyone transactions will be monitored and may be held, delayed or blocked if the transfer could result in fraud or another form of financial harm. Sometimes instant transfers can be delayed. Non-Chime members must use a valid debit card to claim funds.

* EarnIn is not available for Connecticut residents

Rachel Alulis

Rachel Alulis has been the lead editor for Moneyfor’s credit cards team since 2015 and for the financial rewards team since 2023. Before joining Moneyfor, Rachel worked at USA Today and the Des Moines Register. She then established a successful freelance writing and editing business specializing in personal finance. Rachel holds a bachelor’s degree in journalism and an MBA.