Credit Card

Assent Platinum Secured Mastercard Review: Security Meets Rewards

The Assent Platinum Secured Mastercard offers credit rebuilding with 0% APR for the first 6 months and reporting to credit agencies. Ideal for those looking to improve their score.

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Secure a Better Financial Future with a Better Credit Score

Assent Platinum Secured Mastercard
This golden credit card can help you rebuild your credit score. Source: Ian’s Tech.

The path to building or rebuilding your credit history became clearer with the Assent Platinum Secured Mastercard, offering financial security and peace of mind.

This card offers a 0% APR on purchases for the first six months and sets a solid path for those looking to strengthen their financial health.

Things to know right away about this credit card!
This card is ideal for individuals with low credit scores or those working to improve their credit history.
The Assent Platinum Secured Mastercard offers a 0% APR on purchases for the first six months, which is significantly low and advantageous for new purchases.
One of the fees associated with this card is the $49 annual fee. While other fees may apply (such as cash advance or balance transfer fees), the annual fee is a key consideration when applying for this card.
The main focus of the Assent Platinum Secured Mastercard is on building or rebuilding the cardholder’s credit score rather than specifically geared towards offering a rewards program.

With credit limits ranging from $200 to $2,000, the Assent Platinum Secured Mastercard is adaptable to your financial needs and goals, representing a valuable tool in your credit-rebuilding arsenal.

Decoding Assent Platinum Secured Mastercard: Key Features

sad woman checking finances
If you’re struggling with your finances, you can look for a secured credit card. Source: Canva Pro.

The Assent Platinum Secured Mastercard goes beyond offering the expected benefits of a Platinum Mastercard®, encompassing a full range of features that elevate your user experience to a new level.

With this card, cardholders enjoy the global acceptance and enhanced security that the Mastercard® brand provides, as well as a unique opportunity to strengthen and enrich their credit history.

The most distinctive feature of the Assent Platinum Secured Mastercard is its commitment to users’ credit history development.

Through consistent monthly reporting to the three major credit bureaus – Equifax, Experian, and TransUnion – the card is a powerful ally in building or rebuilding a robust credit profile.

This practice helps establish a solid credit foundation for future financial needs and allows cardholders to track progress and see tangible results from their responsible credit management efforts.

The Assent Platinum Secured Mastercard empowers its users to take control of their financial journeys, paving the way for more advantageous credit opportunities in the future.

Check Assent Platinum Secured Mastercard pros and cons: is this card a fit for you?

couple closing deal with new credit card limit
Close that deal with your new credit limit. Source: Canva Pro.

Before embarking on this credit journey, weighing the pros and cons of the Assent Platinum Secured Mastercard is important.

The highs…:

  • 0% APR on Purchases for the First Six Months: An excellent opportunity to save on interest while you build credit.
  • Monthly Reporting to Major Credit Bureaus: Speeds up the establishment of a positive credit history.
  • 24/7 Online Account Access: Manage your card and finances anytime, anywhere.
  • National Acceptance: Use your card for car rentals, hotels, and wherever else Mastercard® is accepted.

… and the lows:

  • $49 Annual Fee: A cost to consider when managing your finances.
  • Refundable Deposit Required: Your credit limit is secured by a deposit of $200 to $2,000.
  • Not Available in All States: Currently not available in NY, IA, AR, or WI.

Eligibility requirements check-list to apply for the Assent Platinum Secured Mastercard

Get ready for your application by ensuring you meet the following criteria:

  • Security Deposit: A refundable deposit ranging from $200 to $2,000.
  • Legal Residence: Except in NY, IA, AR, and WI.
  • Legal Age: As per your state’s law.
  • Income: Proof of means to support the requested credit. 

Treasure’s roadmap: How to apply for the Assent Platinum Secured Mastercard

woman using phone to apply for new credit card
Apply for this credit card from the comfort of your couch. Source: Canva Pro.

Applying for the Assent Platinum Secured Mastercard is straightforward. Visit the Assent website and complete your application online, submitting the required security deposit and your application.

Step into the ring: Assent Platinum Secured Mastercard versus Reflex Platinum Mastercard

The Assent Platinum Secured Mastercard and the Reflex Platinum Mastercard emerge as two solid options, each with distinct characteristics.

While the Assent Platinum offers a secure approach with a refundable deposit, the Reflex Platinum focuses on providing more flexible credit access, even for less favorable histories.

The Assent Platinum Secured Mastercard is ideal for consumers seeking a reliable way to improve their credit score, with the additional benefit of monthly reports to major credit bureaus.

On the other hand, the Reflex Platinum Mastercard offers an opportunity for those struggling to obtain traditional credit, albeit with potential additional costs.

Assent Platinum Secured Mastercard Reflex Platinum Mastercard
Credit score: Low to none, as it is secured by a deposit.Flexible credit score, aimed at consumers with lower scores.
Competitive APR, with an introductory offer of 0% on purchases for the first six months.Potentially high APR, reflecting the risk associated with lower credit scores.
Annual fee of $49, with no hidden fees.Annual fees and possibly monthly fees can add up.
It does not offer rewards; it focuses on credit building.It rarely offers rewards or sign-up bonuses, focusing similarly on credit rebuilding.

Curious about how the Reflex Platinum Mastercard stacks up?

Read our comprehensive review of the Reflex Platinum Mastercard to find out if it might be the alternative that best fits your credit rebuilding needs.

Reflex® Platinum Mastercard®

Reflex® Platinum Mastercard® Review

Apply for the Reflex® Platinum Mastercard® and discover the benefits of effectively rebuilding your credit! Check the full review.

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