Indigo Platinum MasterCard

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Not a great choice to rebuild credit. Choose one of the (slightly) better options instead.

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The Indigo Platinum MasterCard is aimed at those with poor credit, which means it’s easier get approved for for this over other cards. Indigo also reports to all three of the major credit bureaus, so with regular on-time payments, you can improve your score and eligibility for credit cards with lower APRs.


We know that when you have sub-par credit, the credit card choices available to you can be underwhelming. Still, there’s no reason to settle for the Indigo Platinum MasterCard.

This card’s structure may make it challenging for you to get your credit score back on track by charging you annual fees and a high APR. Pick a better card; we’ll show you a few (and a few to avoid too!)

The only reason to get this card is if you’re trying to build up your credit score. This card has three different fee structures. The one you’ll be offered is dependent on your creditworthiness as determined by the issuer.

All have the same high APR of 23.90%. In a best-case scenario, you’ll pay no fee. But some will have to pay either a $59 annual fee, or $75 the first year and $99 thereafter. For those stuck with a fee, whatever the amount is, it can seriously hamper your card’s purchasing power. If you’re approved for a limit of $300, then $99 of that will be used up in the first billing cycle by the annual fee. Ouch.

Who should get this card

If you have a less-than-stellar credit history, this card could be a good way to help get your credit score back on track. If you qualify for the no-fee card, it’s a better choice than some of the other cards targeting customers with damaged credit, which tack on fees at every turn.

  • This card reports to all three of the credit reporting agencies so with regular on-time payments, you can increase your credit score.
  • It’s possible to be approved for this card even if you have a bankruptcy on file.
  • The issuer will only do a soft pull to determine if you’ll get pre-approved for this card.
  • There are no rewards with this card.
  • This card may have some unspecified “set-up and maintenance fees” charged to you after your application is accepted. The exact terms of these fees and who will be charged are not disclosed in their terms so you may be in for a surprise.
  • If you’re charged an annual fee it can put a big dent in the amount of useable credit you’ll have.
  • The APR is higher than that of other cards.

Fees and APRs

  • This card charges a variable APR of 23.9%.
  • The annual fee is either $0, 59 or $75 the first year and $99 annually thereafter. You’ll learn your fee only after you apply
  • There’s a penalty APR of 29.99% that may apply indefinitely to your account if you make a late payment, plus a late payment fee of up to $38.
  • There’s a 1% foreign transaction fee on all purchases made outside the U.S.

Extras and perks

Choose from six card designs to add your own personal flair.

How this card compares

Capital One® QuicksilverOne® Cash Rewards Credit Card
Card Details
  • Earn unlimited 1.5% cash back on every purchase, every day
  • Use your QuicksilverOne card and get 50% back as a statement credit on your monthly Spotify Premium subscription, now through April 2018
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Fraud coverage if your card is ever lost or stolen
  • Use online banking to access your account, even from your smartphone, with our mobile app
  • Help strengthen your credit for the future with responsible card use
Credit Needed Fair
Regular APR 24.99% (Variable)
Annual Fee $39
Purchase Intro APR N/A
Balance Transfers Intro APR N/A

The Capital One QuicksilverOne Cash Rewards Credit Card is a decent choice for a consumer trying to rebuild (or build for the first time) their credit and earn rewards at the same time. A word of caution here, though. This card is not right for you if you plan to carry a balance. The interest you accrue will cancel out any rewards you earn. That, and the APR is fairly unforgiving.

Total VISA® Unsecured Credit Card
Card Details
  • Checking Account Required
  • Fast and easy application process; response provided in seconds
  • A genuine VISA card accepted by merchants nationwide across the USA and online
  • Manageable monthly payments
  • If approved, simply pay a Processing Fee to open your account and access your available credit
  • Reports monthly to all three major credit bureaus
  • Select your favorite card design from our gallery, for free!
  • No-Fee credit line increase opportunities!
Credit Needed No Credit
Regular APR See Terms*
Annual Fee See Terms*
Purchase Intro APR N/A
Balance Transfers Intro APR N/A

The Total VISA Unsecured Credit Card is another card that tacks on the processing fees, servicing fees and sticks it to you with a high APR of 29.99%. Notably, there’s no foreign transaction fees with this card, so this may make it a better choice for some.

Discover it® Secured Card
Card Details
  • No Annual Fee, cash back on every purchase, and helps you build your credit with responsible use.
  • Your Secured Credit Card requires a refundable security deposit up to the amount we can approve of at least $200 which will establish your credit line.
  • You will need to provide your bank information when submitting your security deposit.
  • We will automatically begin reviewing your account starting at 8 months to see if we can transition you to an unsecured line of credit.
  • Earn 2% cash back at restaurants & gas stations on up to $1,000 in combined purchases each quarter. Plus, 1% cash back on all your other purchases.
  • Get a dollar-for-dollar match of all the cash back you've earned at the end of your first year, automatically.
  • New! Receive Free Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
Credit Needed No Credit
Regular APR 23.99% Variable
Annual Fee $0
Purchase Intro APR N/A
Balance Transfers Intro APR 10.99% for 6 months

If the goal is to build up your credit and you’re willing and able to put down the deposit, a better choice all-around would be the no-fee Discover it Secured Card. This is one of the only secured credit cards that offers cash-back rewards — and generous ones at that, too. Not only does this card earn 2% back on dining and gas up to $1,000 in combined spending per quarter, and 1% on everything else, but Discover will match all those rewards dollar-for-dollar at the end of the first year.

We also like that you can quickly graduate to an unsecured Discover card with just eight months of good payment behavior.


Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines, or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.