Log out
Are you in the market for a new credit card? Do you want a card that will help you build or rebuild your credit? Consider the Fit Platinum Mastercard. With it’s quick and easy application and monthly reporting to the credit bureaus, this card is designed to help people with bad credit improve their scores.
Fit Platinum Mastercard an unsecured card so it does not require a security desposit and as a Mastercard, you’ll be able to use it almost anywhere. It also comes with a solid initial credit line for a subprime card, the ability to double your credit after only six months, and free monthly credit scores. There’s certainly a lot to like about Fit Platinum Mastercard.
Let’s take a look at the Fit Platinum Mastercard and see if it’s a fit for your wallet.
What We Like About Fit Platinum Mastercard
Improve Your Credit Score
The Fit Platinum Mastercard aims to help people build or rebuild their credit. It does this by reporting your monthly payments to all three major credit bureaus: TransUnion, Equifax, and Experian. Use the card responsibly, pay your bills on time, keep your credit utilization ratio below 30%, and you too can demonstrate positive credit behavior and watch your score soar.
Awesome credit card option for those with low credit scores trying to rebuild their credit. Friendly customer service as well! Kayla P
No Credit? No Problem!
Fit Platinum Mastercard will consider your application no matter your credit score. The card is specifically designed for people with credit scores in the 500 range. It’s aim is to help you improve your score and so will not turn down applicants solely due to their credit history.
Double Your Credit Limit
The Fit Platinum Mastercard offers an initial credit limit of up to $400 and the opportunity to double it after only six months. Pay your bills on time and you too may qualify for a higher credit limit. A higher credit limit allows you to spend more while maintaining a low credit utilization ratio and improving your credit score.
Get Your Free Credit Score
When you sign-up for e-statements you will receive your Vantage 3.0 score monthly from Experian! Keep track of your credit score and see how Fit is helping you improve it without having to conduct a hard credit check.
Enjoy Easy Online Access
You can easily access your account online or though a mobile app. View your transactions, pay bills, and monitor your credit activity from where ever you are. Fit Platinum Mastercard’s easy online access helps you to stay organized and in control of your financial obligations.
For first time credit builders, please get this card. It’s annual rate is reasonable compared to others and they were able to start me off when my score was below 600. Just keep up to date with subscriptions and your spending limit.
Jas TNew
FIT Mastercard Personal Credit Cards are great if you have a low credit score, you will get approved if your credit score is between 300-640 this card has helped me build my credit. P N.
Credit Card Fraud Protection
Mastercard offers robust security measures, including advanced fraud detection technology and zero liability protection. This means that if your Fit Platinum Mastercard is lost, stolen, or used fraudulently, you are not held responsible for unauthorized charges. Mastercard’s fraud protection provides peace of mind and safeguards your financial well-being.
Mastercard: Accepted Worldwide
Fit Platinum isn’t a store card you can only use at one retailer. It’s a Mastercard that you can swipe at thousands of locations online, in-store, or on apps. Build your credit with a credit card you can use around the world.
Apply Today, Start Using Tomorrow
Apply online and find out the results in seconds. In some cases, the card issuer will have to collect additional information to make a decision. This can take up to 30 days. In most cases, you will receive a quick reply and your card will be mailed to you within 3 business days.
What to Look Out For with Fit Platinum Mastercard
Fit Platinum Mastercard’s Fees
The Fit Platinum Mastercard comes with an annual fee of $99, a one-time processing fee of $89, and a monthly maintenance fee of $6.25 ($0 for the first year). There are also late payments fees and a foreighn transaction fee of 3% if you use your card abroad. These fees are typical for credit cards aimed at consumers with poor to limited credit histories. Weigh the costs against the potential credit-building opportunities and look to see if the card fits your budget. Fit Platinum Mastercard may just be a worthy investment for your credit.
High APR
Fit Platinum Mastercard’s variable APR is 29.99%, which is rather high, even for credit-builder credit cards. But the APR is manageable. It simply means that you should aim always to pay off your balance in full each month. If you make all your payments in full and on time, you will never have to pay interest and will positively impact your credit score.
Final Thoughts
Fit Platinum Mastercard is an excellent card if you are looking to build or rebuild your credit. It’s unsecured, so you don’t have to make a deposit, it gives you a substantial credit limit, the ability to double your credit line in only six months, and reports your payment history to the credit bureaus. Fit works to help you improve your credit.
It does come with potential drawbacks namely the fees and high APR. Pay off your balances on time and the high APR and late fees are unconsequential. Ultimatly it’s up to you to determine if the credit-builder card’s benefits outweigh its drawbacks.
