Net First Platinum review
This store card has high fees and not a lot of perks.
- Get this card if you want to use it only at the Horizon outlet website.
- Pick something else if you want a card to help you build credit.
- Apply with no credit history or with a poor credit score.
Up to $299.4
Recommended credit score
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 Net First Platinum is not a standard credit card, but a line of credit you can use only for the Horizon Outlet website. It comes with a relatively high annual fee that you pay monthly of $14.95 or $179.40 in total annually.
You can apply for this line of credit with any credit score or with no credit history and Net First Platinum won’t make a hard pull on your credit. Also, your activity will likely be reported to one credit bureau, but Net First doesn’t say which one.
This makes the line of credit a decent option if you spend a lot of money at the Horizon Outlet Store and you can’t get a better card.
How to apply for the Net First Platinum?
To apply for the card you must be at least 18 years old and a US citizen.
- Click Apply now.
- Complete the application form.
- Enter your debit or credit card information. Click Activate My Card Now.
What credit score do I need?
You can apply with a poor credit score or no credit history at all.
- No credit check.
You can apply with no credit or with poor credit, and with no hard credit pull, applying won’t affect your credit score.
- Unsecured credit limit.
You get $750 unsecured credit limit to use at the store.
- No APR on purchases.
You won’t pay any interest on purchases you make with this card.
- Horizon services membership plan.
Get benefits, such as roadside assistance, pharmacy discounts and legal assistance with the Horizon services membership plan.
What to watch out for
- Only works for the Horizon Outlet website.
You can’t use this card anywhere you want. You can use it only for purchases at the Horizon Outlet.
- Monthly fee.
There’s a monthly fee of $14.95, which adds up to about $179.40 annually. Not cheap for a card you can only use the the Horizon Outlet store.
- Reports to one credit bureau.
The card issuer claims they report to one credit bureau, but they don’t specify which. If you’re trying to build credit, look for a credit-building card that reports to the standard three credit bureaus: Equifax, Experian and TransUnion.
- Can I use the card to make a cash withdrawal or to pay at a groceries store?
No. This card only works for purchases made at the online Horizon Outlet Store.
- Can I build my credit score with this card?
Probably not. You’ll need to find a card that reports to three credit bureaus and that you can use everywhere, not only at a single online store.
- Is Net First a bank?
No, it is not. The Net First Platinum is a line of credit, and not a Visa, Mastercard, Amex, or Discover card.
- What kind of items does the Horizon Outlet sell?
The online store boasts selling many different kinds of items. Categories of items include women, men, kids, baby, season, toys, boutique, home and entertainment.
- Can I see specific prices for items sold through the Horizon Outlet?
No. The store is exclusive, and only reveals prices of items to members.
- Will I have to provide my Social Security number when signing up?
The company does not require your Social Security number for the identification process.
Compare similar store cards
If you’re not bound to the Horizon outlet store, you can find way better store credit cards.
If you have poor credit and you spend a lot of money at the Horizon Outlet Store, the Net First Platinum could be a helpful solution. Otherwise — for the total annual fee of about $179.40 that you’ll pay — you’ll be better off with another card.