Is Indigo credit card any good?

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The Indigo Credit Card is a pretty good unsecured credit card for people with bad credit, offering a $300+ credit limit with no security deposit needed. The Indigo Card has an annual fee of $0 – $99, which is worth paying if you have damaged credit and need a credit card for emergency borrowing.

What is the max credit limit for Indigo?

The maximum credit limit for the Indigo Mastercard is $300. This credit limit is not the most competitive and is not subject to an increase, like some other credit cards for limited or bad credit.

Is Indigo a good credit card to build credit?

The Indigo® Mastercard® can help you build a better credit score (if you practice good credit habits) with monthly reporting to the three credit bureaus. Unlike many other options for building credit, this is an unsecured credit card, so it doesn’t require a cash deposit as collateral.

How much does Indigo approve you for?

$300 credit limit

The Indigo Card’s credit limit is $300. In other words, you could have as little as $201 to spend initially, depending on the annual fee. However, you won’t find unsecured credit cards for people with bad credit offering much more than that.

Is Indigo credit card any good? – Related Questions

Does Indigo do a hard pull?

One benefit of the Indigo® Mastercard® is its prequalification tool, which allows you to determine your eligibility before you apply. Prequalifying doesn’t require a hard credit inquiry, which can lower your credit score by a few points.

Can you use Indigo credit card anywhere?

You can use your Indigo Platinum MasterCard for purchases and cash advances anywhere you see the MasterCard logo, at over 33 million locations in 210 countries. What if my card is lost or stolen? If your card is lost or stolen, please call 1-888-260-4532 right away.

Is a 300 credit limit good?

A $300 credit limit is good if you have limited or bad credit. Credit cards for newcomers and people rebuilding their credit often have credit limits starting at $200, so a limit close to that amount is to be expected.

How many credit card should you have?

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.

How do I know if I was approved for Indigo credit card?

You can check your Indigo Credit Card application status over the phone at (800) 353-5920. Then, enter your Social Security Number and follow the prompts to get connected to a customer service representative. You will also need to provide your personal information for security purposes.

Is a 300 credit limit good?

A $300 credit limit is good if you have limited or bad credit. Credit cards for newcomers and people rebuilding their credit often have credit limits starting at $200, so a limit close to that amount is to be expected.

How does Indigo over limit work?

They will only charge you one over-limit fee per billing cycle, even if you go over your credit limit multiple times in the same billing cycle. The over-limit fee is $28 if you were not charged an over-limit fee during any of the prior six billing cycles. Otherwise, the over-limit fee is $39.

Does Indigo card give increases?

You cannot get an Indigo Credit Card credit limit increase, unfortunately. The credit limit that you are assigned upon approval cannot be increased. Many credit cards do provide the option to request credit limit increases or offer them automatically to select cardholders who meet certain eligibility criteria.

Do I have to pay 75 to use my Indigo card?

2. But it may cost you

But if you have poor credit, you will likely owe an ongoing annual fee of either $59 or $99. For new cardholders, the $99 annual fee drops to $75 for the first year.

What is minimum monthly payment Indigo card?

The easiest way you can pay your Indigo Credit Card bill is either online or over the phone at (866) 946-9545. Alternatively, you can send a payment via mail. The Indigo Credit Card requires at least a minimum monthly payment of $40 or 7% of your balance, whichever is more.

Does closing a credit card hurt your credit?

A credit card can be canceled without harming your credit score⁠. To avoid damage to your credit score, paying down credit card balances first (not just the one you’re canceling) is key. Closing a charge card won’t affect your credit history (history is a factor in your overall credit score).

Can I use Indigo credit card anywhere?

You can use your Indigo Platinum MasterCard for purchases and cash advances anywhere you see the MasterCard logo, at over 33 million locations in 210 countries. What if my card is lost or stolen? If your card is lost or stolen, please call 1-888-260-4532 right away.

Is Indigo a Visa or Mastercard?

With the Indigo Mastercard, you can build credit while creating the life you’ve always dreamed of. You shouldn’t have to put your plans on the backburner just because you have a challenging credit history.

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