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$75
Annual fee
for the first year ($48 thereafter)
35.99%
Purchase APR (fixed)
300
Recommended credit score
Review by
Kliment Dukovski is a credit cards writer. He's written over 600 articles to help readers find and compare the best credit cards. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange, stock market trading and cryptocurrencies.
The First Digital Mastercard® is an unsecured card aimed at those with less-than-perfect credit. And while using this card responsibly may boost your score, the high fees and interest make it difficult to do so.
For the first year, you’ll pay a total of $170 for the annual fee and the one-time program fee, and $48 annually each year after that. Add on the incredibly high APR and all the additional fees, and you could easily break $200 in fees just to use the card.
Because of that, a secured card may be a better option. You make a one-time secured deposit of at least $200 and then you can use the credit line for as long as you need. Most secured cards have no annual fees and can help you build your credit.
Apply with a poor credit score or with no credit history.
Note that while there are some benefits to using this card, the pros are almost negligible when weighed against the many cons of the card.
To start building your credit you don’t need an expensive card. There are many no-annual-fee options that work just as well, such as:
The First Digital Mastercard® is designed to help you build credit. But with all the fees and high interest, this may prove hard to achieve.
If you can afford to make at least a $200 secured deposit, a secured credit card for building credit may be a better choice.