The Ultimate Guide On First Latitude Credit Card Reviews

A credit card that reports to credit agencies can help you build and improve your credit. Individuals can create a positive credit history by continually using their credit cards responsibly and making timely payments.

This history is critical for future access to loans, mortgages, and competitive interest rates. Furthermore, a good credit score can affect many parts of life, such as renting an apartment, finding work, and even getting insurance.

Thus, credit card reporting to agencies is a valuable instrument for financial empowerment and stability.

Today, we have First Latitude credit card for you, and here we have full First Latitude credit card reviews with pros & cons, benefits, best alternatives options, customer service, and more.

Introduction to what is first latitude credit card

The First Latitude Credit Card is a versatile financial instrument designed to help people manage their finances more successfully.

Synovus Bank, Columbus, GA, a member of the FDIC, issues the First Latitude Card Secured Mastercard.

First Latitude credit card is a secured credit card, and to use this card, you need to make a deposit ranging from $200 to $2,000.

Deposits of $101 to $169 will not be accepted in order to comply with high-cost loan disclosure standards. And your deposited amount becomes your new credit limit.

First Latitude credit card has three variants, which are as follows:

• Elite Mastercard Secured Credit Card
•  Select Mastercard Secured Credit Card
•  Prestige Mastercard Secured Credit Card

Mastercard cards are accepted virtually everywhere, and First Latitude is a legitimate Mastercard credit card, which means it is taken in millions of stores across the United States, around the world, and online.

It meets a wide range of financial needs and lifestyles by providing a variety of features and perks. With a focus on accessibility and diversity, the card allows users to develop or rebuild their credit history.

It reports to the major credit bureaus, making it easier to build a good credit history. It also provides reasonable rates, loyalty programs, and a variety of bonuses, making it more appealing to a broad range of customers.

For many people, the First Latitude Credit Card is the first step toward financial independence and stability.

Cardholders who keep their balances low and pay their credit card bills on time each month often see an improvement in their credit score.

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How does the First Latitude credit card work

The First Latitude Credit Card works similarly to other credit cards. However, it focuses on assisting people in improving or rebuilding their credit. This is how it generally works.

Application: Individuals can apply for the First Latitude Credit Card online or by other means. The application process frequently includes providing personal information and passing a credit check.

Approval: Once submitted, the application is examined, and if approved, the individual receives their credit card in the mail.

Credit Limit: Variables such as creditworthiness and income determine the permissible credit limit.

Card Usage: Cardholders can make purchases with their First Latitude Credit Card at any merchant that accepts credit cards, whether online or in person.

Payments: Cardholders are required to pay at least the minimum amount by the due date each month. Making on-time payments helps to establish a solid credit history.

Reporting to Credit Bureaus: One of the main benefits of the First Latitude Credit Card is that it transmits the cardholder’s activities to major credit agencies. This helps people establish or enhance their credit scores over time.

Fees: The First Latitude Credit Card, like any other credit card, may have costs, such as an annual fee, interest charges on balances carried over from month to month, and fees for late payments or exceeding the credit limit.

Rewards and Benefits: Depending on the card version, there may be rewards programs or other incentives available, such as cashback on purchases or travel perks.

Overall, the First Latitude Credit Card allows people to obtain credit, build their credit history responsibly, and progress toward their financial goals.

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First Latitude credit card Features and Benefits 

The features and perks of the First Latitude Credit Card may differ depending on the card version and issuer. However, several common qualities and perks are frequently connected with First Latitude Credit Cards:

Credit Building: One of the primary features is its focus on helping individuals build or rebuild their credit history. The card reports to major credit bureaus, allowing cardholders to establish a favorable credit profile over time through responsible credit card usage.

App availability: A First Latitude credit card app is available to help you manage your credit card easily.

Accessible Approval: First Latitude Credit Cards are frequently created to be available to people with little or no credit history, as well as those with less-than-perfect credit scores.

Credit Limit Increases: With responsible card usage and on-time payments, you will be eligible for an unsecured credit card, which does not require a security deposit and has a greater credit limit.

Customer Support: First Latitude Credit Cards frequently provide personal customer assistance to help cardholders with any questions, difficulties, or concerns they may have.

Fraud Protection: First Latitude Credit Cards, like other credit cards, often include robust fraud prevention features, such as zero responsibility for fraudulent purchases.

Rewards Programs: First Latitude Credit Cards include rewards programs that allow cardholders to earn cashback, points, or other incentives for their purchases. Rewards are earned by making payments on your First Latitude Secured Credit Card and are tracked as points.

You will receive one point for every dollar paid into your account, which translates to 1% cash back in First Latitude Rewards. Cashback is offered in the form of statement credits.

When you open your account, you are automatically registered and will begin earning points for each payment you make.

Once you have accumulated at least 500 points, you can redeem your rewards. Rewards can be claimed online at cc.firstlatitude.com, through the First Progress Mobile App, or by phoning our helpful customer care staff.

Points can be redeemed in 500-point increments for a credit to your card account. Each 500-point redemption generates a $5 statement credit.

Rewards Never Expire: First Latitude Rewards do not expire and are valid for the life of the account. However, if your account is closed for any reason, you will forfeit all unclaimed awards.

Individuals seeking a First Latitude Credit Card should research the exact terms, conditions, and benefits provided by the issuer to determine which card best meets their needs and financial goals.

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First latitude credit card Eligibility

The qualifying requirements for a First Latitude Credit Card may differ depending on the issuer and the card version. However, some standard eligibility requirements usually include:

1. Age: Credit card applications typically require applicants to be at least 18 years old. In certain circumstances, the minimum age may be higher.
2. Residency: Applicants may need to be residents of the country where the card is available.
3. Identity Verification: To verify their identity, applicants are often required to produce proper identification documents such as a driver’s license, passport, or national ID.

Individuals considering applying for a First Latitude Credit Card should study the issuer’s unique eligibility criteria to ensure that they fit the requirements before applying.

Furthermore, satisfying the eligibility requirements does not ensure acceptance, as approval decisions are ultimately determined by the issuer’s assessment of the applicant’s creditworthiness and other considerations.

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First latitude card Application Process 

The application procedure for a First Latitude Credit Card typically includes many phases, which may differ slightly based on the issuer and card version. Here’s a broad idea of what to expect:

Online Application: Applicants can visit the First Latitude website and fill out the form given.

Information Gathering: Applicants will be required to supply personal information as part of the application process. This typically comprises the entire name, date of birth, residential address, contact information, social security number (or equivalent), employment information, and income information.

Application Submission: After entering all of the essential information into the online application form, applicants can submit their application electronically.

Review and Approval: The issuer will analyze the application and determine the applicant’s creditworthiness using factors such as credit history, income, and other financial information. Approval decisions are usually notified to applicants within a few business days.

Card Activation: If the application is granted, the applicant will receive their First Latitude Credit Card in the mail. Before making a transaction, the card must be activated either online or by phone.

Account Setup: Upon activation, cardholders may be required to create an online account on the issuer’s website. This enables consumers to manage their accounts, view statements, make payments, and use other account-related services online.

Before completing their application, applicants should carefully check the terms and conditions of the First Latitude Credit Card to ensure they understand the fees, interest rates, and other relevant data.

Furthermore, satisfying the eligibility criteria does not ensure acceptance, as decisions are ultimately made based on the issuer’s evaluation of the applicant’s creditworthiness.

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First, latitude-secured credit card fees 

The fees associated with the First Latitude Secured Credit Card may differ depending on the card variation and issuer. However, candidates should be aware of the following usual fees:

Fees	Elite Mastercard Secured Credit Card	Select Mastercard Secured Credit Card	Prestige Mastercard Secured Credit Card
Annual Percentage Rate (APR) for Purchases	Prime Rate plus a margin of 16.74%	Prime Rate plus a margin of 10.74%	Prime Rate plus a margin of 6.74%
APR for Cash Advances	Prime Rate plus a margin of 21.74%	Prime Rate plus a margin of 16.74%	Prime Rate plus a margin of 15.74%
Minimum Interest Charge	No less than $1.50 No	No less than $1.50 No	No less than $1.50 No
Annual Fee	$29	$39	$49
Transaction Fees For Cash Advance	$10.00 or 3% of the amount	$10.00 or 3% of the amount	$10.00 or 3% of the amount
Foreign Transactions	3% of the amount	3% of the amount	3% of the amount
Late Payment Fees	Up to $41	Up to $41	Up to $41
Returned Payment Fees	Up to $30	Up to $30	Up to $30

1. Annual Fee: First Latitude Secured Credit Cards have a yearly fee from $29 to $49, which is a fee charged annually for the use of the credit card.
2. Interest Rate (APR): First Latitude Secured Credit Cards have a 6.74% to 21.74% APR.
3. Security Deposit: First Latitude Secured Credit Card has a security deposit of $200 to $2000.
4. Late Payment Fee: If the cardholder fails to make the minimum payment by the due date, a late payment fee of $41 will be charged.
5. Returned Payment Fee: This $30 fee will be charged if a payment made by check or electronic transfer is returned due to insufficient funds or other reasons.
6. Foreign Transaction Fee: If the card is used to make purchases in a foreign currency or outside the country, a 3% of the total amount foreign transaction fee will be applied to each transaction.
7. Cash Advance Fee: If the cardholder uses the credit card to obtain a cash advance, a $10.00 or 3% of the amount fee will be charged for each cash advance transaction.
8. Overlimit Fee: If the cardholder exceeds their credit limit, an overlimit fee may be charged.

Before applying, applicants should carefully consider the issuer’s terms and conditions to understand all fees related to the First Latitude Secured Credit Card. Additionally, applicants should analyze how these fees may affect their overall cost of using the credit card.

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Pros & Cons of First Latitude Credit Card

Here are the pros and cons of the First Latitude Credit Card:

Pros:

1. Credit Building: Designed for people wishing to establish or rebuild their credit history, it is accessible to those with little or no credit history.
2. Reports to Credit Bureaus: Reports cardholder activity to major credit agencies, which helps to create and enhance credit ratings over time through responsible card usage.
3. Potential Rewards: All variations provide rewards programs, allowing cardholders to receive cashback, points, or other benefits for their purchases.
4. Accessible Approval: Credit restrictions are more lenient than those for typical credit cards, making it easier for people with less-than-perfect credit ratings to apply.
5. Security Features: Provides strong fraud protection, including 0% responsibility for unlawful transactions.
6. Your deposit is entirely refundable if you close your secured card account in good standing. You must pay off the card in full to obtain your deposit refunded.
7. The availability of the First Latitude Credit Card app makes managing your credit card more convenient.

Cons:

1. Annual Fees: All variations include a yearly charge, which adds to the total cost of using the credit card.
2. Interest Rates: Credit cards have higher interest rates than typical credit cards, particularly for those with less-than-perfect credit scores.
3. Limited Rewards: All varieties provide rewards programs, but the rewards are restricted when compared to other credit cards on the market.
4. Security Deposit: Secured cards need a security deposit, which may bind cash until the deposit is refunded or the card is upgraded to an unsecured card.
5. Fees: As with every credit card, there are additional fees, such as late payment costs, foreign transaction fees, and cash advance fees.
6. Credit Limit Restrictions: Initially, the credit limit may be limited to the amount of the security deposit for secured variations, limiting purchasing power.
7. No Introductory Offers: All versions do not include introductory deals, such as special APR periods for balance transfers or purchases, which are available with other credit cards.

Overall, the First Latitude Credit Card can be a valuable tool for people trying to establish or restore their credit history. However, it’s critical to carefully analyze the related fees, interest rates, and features to see if they fit their financial objectives and needs.

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First Latitude credit card reviews

There are many third-party websites like Trustpilot and Better Business Bureau where we can find genuine user reviews from real First Latitude Credit Card Users.

First Latitude Credit Card Reviews On Trustpilot: We didn’t find any reviews about First Latitude on Trustpilot.

First Latitude Credit Card Reviews On BBB: We didn’t find any reviews about First Latitude on BBB.

First Latitude Credit Card Customer Service 

To contact First Latitude Credit Card customer service, visit the issuer’s website or look on the back of your credit card. Here are some standard techniques for getting customer service:

1. Phone: The most common way to reach customer service is by first latitude credit card phone number (888) 491-6609. Look for the customer service phone number on the back of your credit card or the issuer’s website. Dial the number and follow the prompts to speak with a representative.
2. Mail: If you want to communicate via mail, send a letter to the issuer’s mailing address at First Latitude Card, P.O. Box 9053, Johnson City, TN 37615-9053. Look for the address on the issuer’s website or in your credit card statement. Make sure to include your account information as well as facts about your issue or concern in the letter.
3. Mobile App: Some issuers provide customer support via their mobile app. If you’ve downloaded the issuer’s mobile app, look for the “Support” or “Contact Us” section to find customer assistance options.

Regardless of the method you use, keep your credit card account information handy, such as your account number and other pertinent personal information, to speed up the process of contacting customer service.

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First latitude credit card Competitors

Several credit cards provide features and perks similar to those of the First Latitude Credit Card, which is aimed at people wishing to establish or improve their credit history. Here are some alternatives to consider:

1. Capital One Secured Mastercard: This card requires a minimal initial security deposit and reports to all three major credit agencies, allowing cardholders to establish credit over time.
2. Discover it Secured Credit Card: This card is known for its cashback rewards program, but it also provides free FICO credit score monitoring and reports to major credit agencies, making it a good choice for credit building.
3. OpenSky Secured Visa Credit Card: With no credit check necessary for approval, this card is available to anyone with bad or no credit. It also sends reports to major credit bureaus to assist you in improving credit.
4. Citi Secured Mastercard: This card requires a security deposit, but there is no annual cost. It reports to the major credit bureaus and provides tools for monitoring credit score progress.
5. Secured Mastercard from Capital One: Another Capital One choice, this card has a variable security deposit requirement and allows you to acquire a more extensive credit line if you use it responsibly.
6. Navy Federal Credit Union Rewards Secured Credit Card: This card is available to Navy Federal Credit Union members and provides rewards on purchases as well as reporting to all major credit bureaus.
7. Petal 2 Visa Credit Card: While not expressly meant for credit building, this card is available to those with a short credit history and provides cashback incentives with no fees.

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Before applying for a credit card, you should examine the terms, perks, and eligibility requirements to select the best option that meets your financial objectives and needs. When deciding on the best card for you, consider annual fees, interest rates, rewards programs, and credit-building features.

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Conclusion: Is First Latitude the Right Choice for You?

Your financial condition and goals will determine whether First Latitude is the best option for you. If you want to establish or repair your credit history and need a credit card that is available to people with little or no credit history, First Latitude could be a good alternative.

Its reporting to major credit bureaus, and potential incentive programs may provide excellent prospects for credit development. However, before making a decision, you should analyze elements such as fees, interest rates, and other market options to ensure that it meets your needs and financial goals.