![]() ![]() As a result, there is no impact on your credit score. Specifically, there is an online pre-qualification form on their website where you can provide basic details without a hard inquiry. The application process with the Indigo Card is quick and easy. Secondly, this card is a unique product that specializes in helping consumers with limited or damaged credit make a fresh start. The card is issued by Celtic Bank through a partnership with Genesis FS Card Services. However, the Indigo Mastercard aims to help those who have been rejected for other cards. Secondly, even if you have a decent credit score, you may not get approved because of what’s in your credit report. ![]() All too often, credit card issuers reject an application due to a history of poor financial responsibility. Understand all financial responsibilities (fees, APR, etc.The Indigo is a credit card that is designed specifically for applicants with poor or no credit. ![]() Understand why you want the card (to rebuild credit).There is a process every credit card applicant should consider before applying, especially when applying for a card with an annual fee. By making credit card usage a regular part of monthly finances, you ensure that the bill is paid in full every month and that you avoid any excessive interest charges. It is best to reserve credit card use for routine purchases budgeted into your monthly finances - for example, gas or groceries. ![]() Examples of Using the Indigo Credit Cardīecause the Indigo Platinum Mastercard has a small credit limit, only $300, you will mainly use the card for minor purchases. Be sure to pay your bill on time, and never charge more than you can afford to pay off in a single billing cycle. The Indigo card provides an opportunity to prove your creditworthiness. Most people with lower credit scores know the dangers of overusing credit cards. However, it is crucial to practice responsible use. When Should You Use the Indigo Credit Card?Īs a Mastercard, the Indigo card can be used anywhere Mastercard is accepted. Obviously, if your credit is good enough for a traditional credit card that does not have an annual fee or a limited initial limit, that is probably the better choice. The Indigo Platinum Mastercard is for people with poor credit even those with previous bankruptcy can apply and have a decent chance at approval. Beyond that, as a Mastercard holder, the user gets access to Mastercard Global Services, meaning you can get emergency assistance for cash advances, ATM locations, card replacements, or report a lost or stolen card. People with lower credit will also appreciate that you can pre-qualify for the card without hurting your score with a hard inquiry. As the card is intended to help establish or re-establish the user’s credit, it is a benefit that Indigo reports to all three credit bureaus. There is no denying that the Indigo Platinum Mastercard has limited benefits, but that does not mean it doesn’t have any. What Are the Features and Benefits of the Indigo Credit Card? Steps for Securing an Indigo Credit Card.Examples of Using the Indigo Credit Card.When Should You Use the Indigo Credit Card?.What Are the Features and Benefits of the Indigo Credit Card?. ![]()
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