Credit Cards

Are Indigo® credit cards good?

If you want to know if Indigo® credit cards are good, you should take a look at our article! They are an excellent option for building your credit score, and you can enjoy other perks and benefits. Learn more about them!

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by Aline Augusto

Published on 02/06/2022

Indigo® credit cards: build your credit score with a Mastercard!

Check out the comparison and details! Source: Indigo®.
Check out the comparison and details! Source: Indigo®.

Are Indigo® credit cards good? Indigo® credit cards are featured by Celtic Bank, a leader in SBA Loans, commercial financing, and some financial products.

They are unsecured credit cards, which means that you won’t need to worry about making a security deposit.

Also, since Indigo® reports to all three major credit bureaus, you can work on your credit-building if you pay your balances responsibly.

Take a minute to learn how these cards work!

Cartão Chime Credit Builder e desenho de notas de dinheiro

How to apply Chime® Credit Builder credit card?

The Chime® Credit Builder card application process is fast and straightforward. You don’t need a credit history or a minimum deposit to apply for it. Check it out!

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How do the Indigo® credit cards work?

Are Indigo® credit cards good? Source: Pexels.
Are Indigo® credit cards good? Source: Pexels.

If you are interested in reestablishing or rebuilding your good credit history, the Indigo® credit cards are an excellent choice for you.

First of all, they allow you to pre-qualify. So, if you are at least 18 years old, have a valid social security number, physical address, a US IP address, and meet credit qualification criteria, this Mastercard can be yours.

Second of all, as a Mastercard, you don’t need to worry about acceptance since this flag is a significant brand worldwide.

Third of all, as an unsecured credit card, you don’t need a security deposit. Plus, Indigo® doesn’t require perfect credit for the application. And it reports to all three credit bureaus so you can start building credit if payoff balances responsibly on time.

Finally, the fees are determined based on the review of your credit profile so that you can get an annual fee from $0 to $99.

Indigo® Mastercard® for Less than Perfect Credit: build your credit score!

Learn more about the Indigo® Mastercard® for Less than Perfect Credit credit card. Source: Indigo®.
Learn more about the Indigo® Mastercard® for Less than Perfect Credit credit card. Source: Indigo®.

The Indigo® Mastercard® for Less than Perfect Credit lives up to its name. Besides the fact that it accepts less than perfect credit scores for the application, it also offers some benefits.

As a Mastercard new cardholder, you can get worldwide acceptance, ID Theft Protection, Zero Liability protection, Global Service, with 24-hour assistance, and the possibility to reserve a Mastercard Airport Concierge™.

Also, you can get a cash advance, as well, subject to credit approval.

Credit ScorePoor
Annual Fee$0 – $99 (it will be determined based on the review of your credit profile)
Regular APR24.90%
Welcome bonusNone
RewardsNone
Cartões Indigo

How to get an Indigo® Mastercard® credit card?

Take a fresh start with an Indigo® Mastercard® for Less than Perfect Credit! Check out how to apply for it!

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Pros

  • It helps you build your credit if you pay your balances responsibly on time;
  • It doesn’t require a security deposit;
  • This card offers pre-qualification option without impacting the credit score;
  • It is accepted everywhere Mastercard is accepted;
  • You can manage your account online 24/7.
  • It provides ID Theft Protection and Zero Liability protection;
  • It includes Mastercard Global Service and Mastercard Airport Concierge;

Cons

  • It charges an annual fee (it is important to note that it will be determined based on the review of your credit profile);
  • The interest rate is quite high;
  • It doesn’t offer rewards or bonuses.

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Indigo® Mastercard® with Fast Pre-qualification: pre-qualify super-fast to re-establish your credit right away!

Another Indigo® card that lives up to its name. With a super-fast pre-qualification process, you can start re-establishing your credit history safely and fast.

According to a credit-profile review, the annual fees start at $0 and go to $99. And you get $300 as a credit limit.

This seems like a low limit, but if you consider this is an unsecured credit card, it is relatively good since it doesn’t require a security deposit.

Moreover, it offers some benefits like $0 for cash advance in the first year and 1% as a foreign transaction fee. Compared to other credit cards, that is a reasonable rate.

Like the Mastercard above, you get some perks such as worldwide acceptance, ID Theft Protection, Zero Liability protection, Global service & assistance, and more.

Credit ScoreFair – Good
Annual Fee$0 – $99 (it will be determined based on the review of your credit profile)
Regular APR24.90%
Welcome bonusNone
RewardsNone
Cartões Indigo

How to get an Indigo® with Fast Pre-qualification?

Get a super-fast pre-qualification with an Indigo® Mastercard® with Fast Pre-qualification card! Learn how to apply now!

Pros

  • It offers a super-fast pre-qualification without impacting your credit score;
  • It helps you re-establish credit since it reports to all three major credit bureaus;
  • You can access your account online 24/7.
  • It provides ID Theft Protection, Zero Liability protection, Global service & assistance, and more;
  • It doesn’t require a security deposit.

Cons

  • It charges an annual fee that will be determined based on the review of your credit profile;
  • It could lower the interest rate.

Indigo® Platinum Mastercard®: build credit and get benefits!

Learn more the Indigo® Platinum Mastercard® credit card. Source: Indigo®.
Learn more the Indigo® Platinum Mastercard® credit card. Source: Indigo®.

This Platinum is more than a great-design card. And even though it doesn’t offer rewards, you get some Mastercard perks on the way.

Besides the protection and acceptance, you get extended warranty coverage and travel assistance services.

Unlike other credit cards that charge at least 2% as a foreign transaction fee, this one charges 1%. So, it is an excellent choice for those who love traveling but face obstacles applying for regular unsecured credit cards.

Credit ScorePoor
Annual Fee$0 – $99 (it will be determined based on the review of your credit profile)$75 in the first year for new cardholders
Regular APR24.90%
Welcome bonusNone
RewardsNone

Pros

  • It helps you build or rebuild credit scorer;
  • It doesn’t require a security deposit;
  • You can waive the annual fee in the first year;
  • It allows you to pre-qualify without harming your credit;
  • It provides Mastercard benefits.

Cons

  • It charges an annual fee that will be determined based on the review of your credit profile;
  • It could lower the interest rate; and it doesn’t offer rewards.

So, there are great Indigo cards available on the market, right? However, if you are still not sure if its benefits suits you and you want to continue looking, check out below another great option, the BMO CashBack® World Elite® Mastercard®!

BMO CashBack World Elite Mastercard credit card

How to get BMO CashBack® World Elite® Mastercard®?

Earn up to 5% cashback with the BMO CashBack® World Elite® Mastercard® card! Learn now how to apply for one!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

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Aline Barbosa

Senior Editor

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