First Progress offers a starter or second-chance credit card that is tailored towards individuals with no or low credit. As such, it doesn’t have many of the features or benefits of a typical, or unsecured, credit card. At the same time, this might be the right card for you if you’re just looking for something basic and easy to obtain.
Credit Limit
Secured cards are like debit cards in some ways. They require you to fund the card directly before purchases are made, but most secured cards do have a strict maximum limit. The First Progress card has a minimum of $300 and an overall maximum of $2,000. Your actual maximum will be determined during the approval process. It can be as low as $500, or it might reach the full $2,000.
Before getting this card, you must send the minimum deposit along with your application. Though very unlikely, if you’re declined for some reason, then the deposit will be send back to you in the form of a check. You can also request your money back at any time if you wish to close the card.
According to many reviews, First Progress used to offer online payments that allowed you to send the money electronically, but it seems like they recently changed to physical mail only.