Is the Firstcard Secured Credit Builder Mastercard Worth It? Let’s Find Out

If you’re looking for a way to build or rebuild your credit without relying on a traditional credit card, the Firstcard Secured Credit Builder Mastercard might be the perfect solution for you. This is a secured credit card, meaning you provide a security deposit that sets your credit limit. This makes it more accessible for those who have little to no credit history or who need to repair their financial standing.

Unlike other secured cards, the Firstcard Secured Credit Builder Mastercard offers rewards and benefits that help you get the most out of your everyday purchases. But is it really worth it? What are the requirements? How do you apply? Stick with me, and I’ll break everything down for you!

Is the Firstcard Secured Credit Builder Mastercard Worth It?

If your goal is to build credit while enjoying a few perks, then yes, the Firstcard Secured Credit Builder Mastercard is worth considering. Here are a few reasons why this card might be a great choice:

Credit Building – The bank reports your usage to major credit bureaus, helping you improve your score over time.
No Credit Check Required – Unlike many credit cards, approval is based on your security deposit, not your credit score.
Security Deposit Flexibility – You can choose a deposit that fits your budget, starting as low as $200.
Upgrade Options – With responsible use, you may be eligible for an unsecured credit card in the future.
Online and Mobile Account Management – Easily track your spending and payments through the mobile app.

How to Apply for the Firstcard Secured Credit Builder Mastercard

Applying for this card is a straightforward process that can be done entirely online. Here’s what you need to do:

Visit the Firstcard website and navigate to the Firstcard Secured Credit Builder Mastercard application page.
Fill out the application form with your personal and financial details.
Select your security deposit amount, which will determine your credit limit.
Submit your application and wait for approval, which typically happens within a few days.
If approved, make your deposit and wait for your card to arrive in the mail.

What Are the Requirements to Apply for the Firstcard Secured Credit Builder Mastercard?

Not everyone qualifies for this card, but the requirements are quite simple and accessible. Here’s what you need:

Be at least 18 years old (or the legal age in your state);
Have a valid Social Security Number (SSN);
Maintain a U.S. bank account;
Provide a minimum security deposit of $200;
Not have an extremely negative credit history (though those with low or no credit are welcome to apply).

Discover the Benefits of the Firstcard Secured Credit Builder Mastercard

This card isn’t just about building credit – it comes with several attractive features. Here are some of the key benefits:

Reports to all three major credit bureaus – Helps improve your credit score with responsible use.
No credit check for approval – Great for those with bad or no credit history.
Customizable credit limit – Your limit is based on the security deposit you provide.
Potential for graduation to an unsecured card – If you use it responsibly, you may qualify for an upgrade.
Online and mobile account access – Easily monitor your transactions and payments.

Does the Firstcard Secured Credit Builder Mastercard Have Fees?

While this card doesn’t have as many fees as some other secured cards, there are still some costs to be aware of:

Interest Rate: APR of around 27.99% (avoid carrying a balance to prevent high interest charges!).
Cash Advance Fee: 5% of the amount withdrawn or $10, whichever is greater.
Foreign Transaction Fee: 3% of the purchase amount on transactions made outside the U.S.

Does the Firstcard Secured Have an Annual Fee?

No! This is one of the biggest advantages of the Firstcard Secured Credit Builder Mastercard. Many secured cards charge an annual fee, but with this one, you won’t have to worry about that extra expense, making it even easier to manage your finances.

What Credit Score Is Needed to Get the Firstcard Secured Mastercard?

One of the best things about this card is that you don’t need a high credit score to get approved. It’s designed for people with:

Poor Credit (300 – 579)
Fair Credit (580 – 669)
No Credit History (ideal for beginners who are just starting their credit journey)

So even if you have a low score or no credit history at all, you still have a good chance of approval.

What Is the Credit Limit for the Firstcard Secured?

Your credit limit will depend on the amount you choose as your security deposit. The minimum deposit is $200, and the maximum can go up to $5,000. This means you have full control over your own credit limit and can increase it as needed.

How to Contact Firstcard Secured Credit Builder Customer Service

If you need help with your card or have any questions, you can reach out to Firstcard customer service through the following channels:

Phone: 1-800-FIRSTCARD (1-800-347-7827)
International Support: 1-503-401-9991
Online Chat: Available on the Firstcard website
Mobile App: Manage your account and access support directly from the app

If you’re looking for a secured credit card that actually offers benefits, the Firstcard Secured Credit Builder Mastercard could be a great choice. Not only does it help you build your credit, but it also comes with flexible deposit options, no credit check requirements, and no annual fees – something rare for secured credit cards. If you have a low credit score or are just getting started with credit in the U.S., this could be the perfect tool to set you on the right financial path.

Now that you know everything about this card, why not take the next step and apply for yours today?