First Option MasterCard®

First Option Master Card is a special secured card that helps card members improve their credit ratings over time. With frequent usage, not exceeding the credit limit and paying on time, card members stand increased chances of seeing their credit ratings improve over time. The issuing bank reports to all major credit bureaus so there is uniformity in the rebuilding process.

Purchase APR is fixed and highly competitive compared to other credit cards designed for those with limited or poor credit ratings. Card members are not allowed to transfer balances from other credit cards while cash advances attract a 2% transaction fee.

A $59 annual fee is applicable while a $99.95 processing fee is deducted from the card account.

While on this card, members do not partake in a cash back program although various other benefits like discounted purchasing may exist.

Internet related services like online account management helps card members monitor their card account in case it's been compromised by Identity Thieves.

Online bill payment is another internet related feature that ensures bill payment is as easy as possible. This feature comes at extra cost. Card members avail of additional benefits such as travel accident insurance which compensates a beneficiary to the card account in event of accidental dismemberment during air travel. Auto rental insurance protects members against liability in event a rental car gets damaged, lost, or stolen. Emergency cash transfers come in handy when sending money to a loved one becomes top priority. Extended warranty on purchases helps extend the period on which card members are able to return purchased products and have their monies back.

100% guaranteed approval means it's very easy to get one of these provided the applicant surpasses identity verification checks. There are no credit or income verification checks. Security deposits made with the issuing bank are insured with the Federal Deposit Insurance Corporation (FDIC).

First Option MasterCard is an ideal card for everyone not withstanding credit rating. Of course it makes sense to get one of these as part of a credit rebuilding process as it's one of the easiest credit cards to get provided the applicant is willing to make a security deposit.

See applicable terms and conditions before applying.