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- Assent Platinum 0% Intro Rate Mastercard® Secured Credit Card
Best for those looking for a credit-boosting card with a 0% intro APR
- 12.99% VariableAPR
- $200Min. Security Deposit
- $49Annual Fee
- None–PoorRecommended Credit
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Because of its introductory interest-free period of six months and relatively low APR thereafter, the Assent Platinum Mastercard Secured card can be a good choice for many individuals who are struggling to boost their credit scores.
Some may be put off by the inclusion of an annual fee and a foreign transaction fee. However, the intro APR and low regular APR can make up for it. The table below compares it to another secured card with comparable features.
Assent Platinum 0% Intro Rate Mastercard® Secured Credit Card Overview
Quick Take
- Requires a refundable security deposit of at least $200
- Regular credit reports to all three bureaus
- Credit line of up to $2,000
- Cash advance of $10 or 3% of the amount, whichever is greater
- Up to $40 late payment fee
- Credit score requirement: 300+
- 24/7 online access to your account
Important Card Details
Understanding how credit cards function is essential, as is being aware of the card's benefits, fees, interest rates and other features.
The table below lists the fees and rates applicable for the Assent Platinum 0% Intro Rate Mastercard® Secured Credit Card.
Annual Fee
There's an annual membership fee of $49 for holding this card.
Foreign Transaction Fee
For each foreign transaction, a fee of 3% of the transaction amount will be levied.
Regular APR
The card has a regular APR of 12.99% on purchases and 18.99% on cash advances.
Penalty Fees
All late payments are subject to a penalty of up to $40. And for returned payments, the penalty will be $29.
Cash Advance Fee
In addition to the high APR on cash advances, expect to pay a fee of $10 or 3% of the transaction amount, whichever is greater.
Security Deposit
For the card, a security deposit of between $200 and $2,000 is required. Your credit line will be equal to the amount you put down as a security deposit.
Additional Benefits
You might also be interested in knowing more about the Assent Platinum Mastercard Secured card's features:
- Credit Reporting: Monthly reporting to all three major credit bureaus, Experian, Equifax and TransUnion, to establish credit history
- Zero Fraud Liability: Cardholders pay nothing if the card is lost or stolen or is subject to unauthorized use.
- ID Theft Protection: It comes with free monitoring of credit reports to alert you of any fraudulent transactions or unauthorized use.
- Mastercard Global Service: Mastercard Global Service provides emergency assistance practically anywhere in the world, 24 hours a day, seven days a week. Services include lost card reporting and replacement and emergency cash disbursement.
How the Assent Platinum 0% Intro Rate Mastercard® Secured Credit Card Compares To Other Cards
Because of its introductory interest-free period of six months and relatively low APR thereafter, the Assent Platinum Mastercard Secured card can be a good choice for many individuals who are struggling to boost their credit scores.
Some may be put off by the inclusion of an annual fee and a foreign transaction fee. However, the intro APR and low regular APR can make up for it. The table below compares it to another secured card with comparable features.
How the Assent Platinum 0% Intro Rate Mastercard® Secured Credit Card Compares
Assent Platinum 0% Intro Rate Mastercard® Secured Credit Card
- Annual Fee: $49
- Regular APR: 12.99%
- Rewards Rate: None
- Minimum Deposit: $200
- Recommended Credit: No credit required
- Foreign Transaction Fee: 3%
- Best for: Those looking for a credit-boosting card with 0% intro APR
Capital One Platinum Secured Credit Card
- Annual Fee: None
- Regular APR: 30.49% variable
- Rewards Rate: None
- Minimum Deposit: $49
- Recommended Credit: Poor
- Foreign Transaction Fee: None
- Best For: Those trying to build credit with a low minimum deposit
Frequently Asked Questions
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