The cardholders are advised to read their Cardholder Agreement to gain more knowledge on the cash advance procedure. Cardholders can use Indigo Platinum MasterCard for a cash advance at several financial institutions. Indigo Platinum MasterCard offers cash advances to its cardholders subjected to credit approval. What Does Indigo Platinum MasterCard Offer? Cash Advance Prequalification increases the chances of getting the application approved without going through a hard pull that could potentially damage the credit score. Its low credit limit is also beneficial for the cardholder because it lowers the user’s credit utilization, and so, the credit utilization ratio decreases.Īnother vital benefit related to this card is prequalification.
It has a considerably higher APR of approximately 24.90% and a credit limit of $300. Nonetheless, the credit card charges an annual fee based on the applicant’s creditworthiness. MyIndigoCard – The Best Card for People with Imperfect Credit Scores These benefits make this card one of the best viable options if you want to build credit. It is issued by the Celtic Bank, of Utah, and it reports to all three major credit card bureaus. Moreover, Indigo Platinum MasterCard does not charge an account setting up fee, nor require a security deposit. It does not matter if you are a student trying to recover from financial loss or if you want to build credit after bankruptcy. is a satisfactory option for individuals with a deteriorating or bad credit history.
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