Net First Platinum Review: $750 Unsecured Credit Limit

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Key takeaways

The Net First Platinum offers a $750 unsecured credit limit with no credit check or employment check. It can be a good option for people with poor credit.
Cardholders get benefits such as roadside assistance, legal assistance, and prescription discounts.
The card is exclusively for Horizon Outlets and has a monthly membership fee. Before you apply, weigh the benefits against the cost to determine if it’s worth it.

Net First Platinum is a card issued by Horizon Outlet and designed specifically to help people with poor or limited credit. The card is easy to get. It doesn’t pull your credit report or check if you’re employed. It simply offers a $750 credit line, which can be attractive if you’ve faced credit denials in the past.

Continue reading to determine if the Net First Platinum card is the one you’ve been seeking.

What we like about Net First Platinum

Get a $750 credit line

The Net First Platinum card offers immediate access to a $750 credit line, providing a quick and easy solution for those in need of credit. However, it is important to note that this line of credit applies exclusively to purchases made at Horizon Outlet.

The Horizon Outlet online store features an extensive catalog, offering a wide variety of items to choose from. These items include toys, books, cookware, clothing, home decor, electronics, and many other household essentials. This variety ensures that cardholders have access to a broad range of products that can meet their needs. Despite the card’s limitations to the Horizon Outlet, the convenience of an immediate credit line and the diversity of available products can make it a useful option for individuals looking to manage their expenses without traditional credit card barriers.

Fast & easy application

Net First Platinum simplifies and streamlines its application process, making it accessible and hassle-free. When applying, you will need to provide some general financial information, including your social security number, address, and annual income. These details help to verify your identity and assess your basic financial situation without delving into your credit history.

The only requirements for obtaining the Net First Platinum card are that you are a U.S. resident over the age of 18 and have an active credit or debit card. This minimal set of criteria ensures that a wide range of individuals can apply, particularly those who have faced difficulties with more stringent credit card applications. By eliminating the need for a credit check or employment verification, the Net First Platinum card opens the door to credit access for those who might otherwise be excluded, providing a valuable financial tool for managing purchases and expenses.

Low credit scores welcome

Net First Platinum considers applicants with poor or no credit history, making it an appealing option for those who have struggled to secure credit elsewhere. The developers designed this card to open doors for people with poor credit, enabling them to access the line of credit they need without the usual hurdles of traditional credit card applications.

If you have faced credit denials in the past due to a low credit score or limited credit history, the Net First Platinum card could be your potential solution. This card is tailored specifically for individuals in similar situations, providing them with an opportunity to obtain a $750 credit line quickly and easily. By focusing on accessibility and ease of approval, the Net First Platinum card aims to support those who need financial assistance, helping them manage their expenses and improve their financial stability. This approach makes the card a viable option for many who are looking to overcome past credit challenges and gain a foothold in rebuilding their financial health.

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No credit or employment check

Requiring no credit check, the Net First Platinum card stands as an ideal option for those with poor credit history or no credit history at all. The absence of a credit check ensures that applying for this card will not have any negative impact on your credit score, which is particularly beneficial for individuals who are cautious about further damaging their credit rating.

In addition to not conducting a credit check, the card also skips the employment verification process. This feature offers a significant advantage to freelancers, self-employed individuals, or those between jobs, providing them with an opportunity to access credit without the need for traditional employment documentation.

By accommodating various employment situations and avoiding credit inquiries, the Net First Platinum card caters to a broader audience, including those who might typically struggle to get approved for a conventional credit card. This inclusive approach ensures that more people can benefit from having a line of credit to manage their purchases and expenses, contributing to better financial flexibility and stability.

Enjoy a 0% APR

Net First Platinum provides an appealing 0% APR, ensuring that you never face interest charges on your purchases. This feature is a standout advantage, as regular credit cards typically do not offer a 0% APR indefinitely. While some credit cards may advertise a 0% APR as a temporary promotion, this rate often lasts only for an introductory period of about a year. After this period, the APR can increase significantly, often to at least 17% or higher.

If you intend to carry a balance on your credit card, Net First Platinum’s 0% APR is particularly advantageous and can save you a significant amount of money over time. By eliminating interest charges, this card allows you to manage your expenses more effectively without the added burden of accumulating interest. This unique feature makes the Net First Platinum card an excellent choice for those who may need to carry a balance occasionally but want to avoid the financial strain of high-interest rates, ultimately providing greater financial flexibility and peace of mind.

Horizon benefits

The Net First Platinum card offers more than just credit; it also enhances your experience with its Horizon Benefits. These benefits encompass a variety of services tailored to add value.

My Universal RX: Provides discounts of up to 50% off prescription medications at participating pharmacies, making healthcare more affordable for cardholders. This benefit can significantly reduce out-of-pocket costs for necessary medications, easing the financial burden on individuals and families. By offering substantial savings on prescriptions, the Net First Platinum card supports better access to essential healthcare, helping cardholders manage their health and wellness more effectively.

My Privacy Protection: Assists with identity theft recovery and credit monitoring, offering comprehensive support to safeguard your personal information. You receive unlimited privacy protection, ensuring your sensitive data remains secure. Additionally, the card provides access to a free credit report, allowing you to stay informed about your credit status and monitor any changes. This combination of services helps protect against identity theft, supports swift recovery if an issue arises, and keeps you in control of your financial health.

My Legal Assistance: Legal issues can arise unexpectedly, and having access to professional advice can be invaluable. This benefit provides you with one free 30-minute consultation session with a legal expert specializing in your area of interest. Whether you need guidance on personal matters, business concerns, or any other legal issue, this consultation offers you the opportunity to gain insights and advice from a qualified professional without any initial cost. This service can help you better understand your legal options, prepare for potential challenges, and make informed decisions about your situation.

My Roadside Protect: Get 24/7 roadside assistance for emergencies, offering peace of mind whenever you hit the road. This benefit includes support for flat tires, dead batteries, and towing services, ensuring you are never stranded due to unexpected vehicle issues. Whether you encounter problems during a late-night drive or while traveling far from home, the 24/7 availability means help is always just a phone call away. This service provides reassurance and safety, allowing you to travel with confidence knowing that professional assistance is readily available to address any roadside emergencies that may arise.

Try for free

Net First Platinum allows you to test it out with a 7-day free trial, giving you a risk-free opportunity to experience the card’s benefits firsthand. During this trial period, you can explore and evaluate the card’s features, make purchases at the Horizon Outlet, and determine if it meets your needs and expectations. If you’re not fully satisfied with the card, you can easily cancel it within the 7-day window without incurring any fees.

However, it is important to note that while the trial itself is free, you will be responsible for paying the value of any items you purchase from the Horizon Outlet during this period. This trial offers a convenient way to assess the card’s usefulness and decide if it is the right financial tool for you.

What to watch out for with Net First Platinum

A few fees

While offering several benefits, the card also imposes some fees, as no cards are ever completely free. Net First Platinum charges a monthly maintenance fee of $14.77, which adds up to $177.24 annually. This fee is a significant consideration, especially for those looking to manage their expenses tightly. Additionally, the card requires a monthly minimum payment of $25 or 10% of your balance, whichever is greater. This payment structure can be more favorable than incurring high-interest charges on traditional credit card balances, making it easier to manage your finances without accumulating interest.

It’s crucial to understand and actively review these recurring charges before applying for the card. Evaluate whether the benefits, such as the 0% APR, credit access without a credit check, and other perks, outweigh the annual costs. Consider your financial situation and needs carefully to determine if the Net First Platinum card is the right fit for you. Balancing the card’s advantages against its fees will help you make an informed decision that aligns with your financial goals and ensures you get the most value from the card.

No credit bureau reporting

Net First Platinum chooses not to report to any of the three major credit bureaus, which can be seen as a double-edged sword. On the plus side, if you prefer your card usage to remain off your credit report, this feature ensures that your activities with this card will not impact your credit history, whether positively or negatively. This can be particularly beneficial for those who want to maintain privacy or avoid any potential negative entries that might arise from late payments or high utilization.

However, this approach also has a significant downside. For many individuals with poor or limited credit, a primary goal is to build or improve their credit score. By not reporting to the credit bureaus, the Net First Platinum card does not contribute to this essential aspect of financial growth. Responsible use of this card, such as making timely payments and managing your balance, will not be reflected in your credit report, thereby missing out on the opportunity to demonstrate creditworthiness to future lenders. Therefore, while the card offers immediate benefits and accessibility, it does not support long-term credit building, which is a critical factor for those looking to improve their financial standing over time.

Bottom line

The Net First Platinum card presents a mixed bag of features that may appeal to some while deterring others. It’s an excellent option for individuals who are struggling with low credit scores or need an immediate credit line without the hassle of undergoing credit checks. This accessibility can be particularly beneficial for those who have been turned down by other credit card issuers due to their credit history.

However, potential users must be aware of certain drawbacks that come with this card. One of the most significant considerations is the lack of credit bureau reporting, which means that using this card responsibly will not help improve your credit score. Additionally, the card comes with monthly fees, which can add up over time and may outweigh the benefits for some users.

As with any financial product, it’s crucial to weigh the pros and cons based on your personal financial situation and goals. It’s advisable to thoroughly review the card’s terms and conditions and consider alternative options that might offer better benefits or lower costs. Ultimately, the Net First Platinum card might be a suitable choice for those in need of quick access to credit but less ideal for those looking to build or improve their credit history.

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. Current is a financial technology company, not an FDIC-insured bank. FDIC insurance up to $250,000 only covers the failure of an FDIC-insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. The Current Visa® Debit Card issued by Choice Financial Group, and the Current Visa® secured charge card issued by Cross River Bank, are both pursuant to licenses from Visa U.S.A. Inc. and may be used everywhere Visa debit or credit cards are accepted. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required. 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.

2. Current is a financial technology company, not an FDIC-insured bank. FDIC insurance up to $250,000 only covers the failure of an FDIC-insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. The Current Visa® Debit Card issued by Choice Financial Group, and the Current Visa® secured charge card issued by Cross River Bank, are both pursuant to licenses from Visa U.S.A. Inc. and may be used everywhere Visa debit or credit cards are accepted. Current Individual Account required to apply for the Current Visa® secured charge card. Independent approval required.

3. 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.

4. 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.

5. 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.

6. 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

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

12. 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.

13. 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.

14. 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.

15. 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.

16. 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.

17. 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.

18. 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.

19. 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.

20. 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.

21. 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.

22. 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.

23. 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.

24. 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.

25. 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.

26. 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.

27. 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.

28. 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.

29. 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.

30. 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.

31. 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.

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

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

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

35. 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.

36. 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.

37. 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.

38. 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.