The Indigo® Platinum Mastercard® credit card doesn’t allow balance transfers. After the first year, the fee is either $5 or 5% of each cash advance (whichever amount is greater). The Indigo® Platinum Mastercard® credit card lets you perform cash advances (taking money out at an ATM using your credit card) at an APR of 29.90%.įor the first year, the cash advance fee is $0.
24-hour assistance if your card is lost or stolen: This gives you an emergency phone number to report your card lost or stolen and get emergency card replacement as well as emergency cash advances.Fraud and ID theft protection: This includes lost wallet assistance, monitoring of your TransUnion credit report for signs of fraud, and dark web monitoring to check for misuse of your personal information.However, you’ll have access to some Platinum Mastercard® benefits, including: PerksĪn Indigo® Platinum Mastercard® credit card account doesn’t give you many special perks. While many credit cards for credit rebuilding don’t offer rewards, some do, so it’s worth shopping around if you’re looking for a credit card that offers cash back. The Indigo® Platinum Mastercard® credit card doesn’t offer cashback rewards. However, if you carry a balance from previous billing cycles, you’ll have to pay interest on any charges to your card in the grace period.
INDIGO PLATINUM MASTERCARD FULL
If you pay your bills in full by the due date, your purchases during the grace period won’t accumulate interest. The grace period allows you time to pay your bills in full without racking up any interest charges. The Indigo® Platinum Mastercard® gives you a 25-day grace period (beginning on the first day of the new billing cycle). Note that the penalty APR is a higher interest rate that may apply if you make a late payment or otherwise violate the card’s terms. The other interest rates and charges are the same for all offers: Similar to the annual fee, what APR you’re given with the Indigo® Platinum Mastercard® will vary based on your creditworthiness and will be between 24.90%. So a credit card with an APR of 24% would charge roughly 2% interest monthly. If you don’t pay off the statement balance on your Indigo® Platinum Mastercard® credit card in full each month, you’ll have to pay interest.Ĭredit card APR (annual percentage rate) is the yearly rate of interest applicable to your credit card.
Your offer will be determined by your creditworthiness (i.e., your borrowing history). However, the card annual fee varies based on which card you qualify for. Cash advance fee: $0 for the first year, then either $5 or 5% of each cash advance (whichever amount is greater) thereafter.Late payment fee: Up to $40 (or $39 for the offer with no annual fee, Offer A).The following fees apply across all iterations of the Indigo® Platinum Mastercard®: In this section, we’ll look at some of the most important features of the Indigo® Platinum Mastercard® credit card. Indigo® Platinum Mastercard® Feature Breakdown Various Mastercard benefits (e.g., ID theft and fraud protection and 24-hour assistance with lost or stolen cards).Credit reporting to all three major credit bureaus.Indigo® Platinum Mastercard® Important Details Basic card details
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