Indigo® Platinum Mastercard®

Indigo<sup>®</sup> Platinum Mastercard<sup>®</sup>

Indigo® Platinum Mastercard®

Easy Pre-qualification
Quick pre-qualification available with no impact to your credit score*
Custom Card Design
Pick from multiple card designs at no extra charge*
Reports to Credit Bureaus
Account history is reported to the three major credit bureaus in the U.S.
Edited by
Julie Sherrier
Reviewed by
Glen Luke Flanagan
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Who is this card best for?

If you have less-than-perfect credit and are looking for ways to improve it, the Indigo® Platinum Mastercard® is worth a look. It’s an unsecured credit card, meaning you won’t be required to put down a security deposit, and is available to consumers with good/fair credit. Since secured cards often require minimum deposits of $200 or more, if you can’t tie up a couple hundred dollars, you may find an unsecured card more accessible.

However, once Celtic Bank (the bank that issues this card) reviews your application, it might determine that you have to pay an annual fee ranging from $0 - $99 just to carry the card. If possible, it’s better for your wallet if you can qualify for a no-annual-fee card to work on your credit with. An option such as the Petal® 1 No Annual Fee Visa® Credit Card, which charges a $0 annual fee and is meant for consumers with limited/poor/average credit, might be a better option.

And if you’re able to put together money for a deposit, secured cards such as the Secured Mastercard® from Capital One or the Discover it® Secured Credit Card are tried-and-true tools for improving your credit.

Card overview

    • Easy pre-qualification process with fast response
    • Don't have perfect credit? No problem!
    • 24/7 access to your account, even on mobile!
    • No security deposit
    • Account history is reported to the three major credit bureaus in the U.S.
  • Credit needed:
    540 719
  • Mastercard ID Theft Protection
  • Mastercard Global Service
  • Mastercard Airport Concierge

Intro Purchase APR


Intro BT APR


Annual Fee

$0 - $99

Regular Purchase APR


Cash Advance Fee

See terms

Foreign Transaction Fee

See terms

Balance Transfer Fee


Pros and cons


  • Check if you’re prequalified
  • Reports to the credit bureaus


  • You might pay an annual fee
  • This card won’t earn rewards
  • Low $300 credit limit
  • High interest rate
  • Beware of “documentation fees”

What we like

  • Check if you're prequalified

    If you got a prequalification offer by mail, you can enter your invitation number on this card’s website. If you didn’t get an offer in the mail, you can use the online tool to check if you’re prequalified; this is a soft pull, so it won’t ding your cred

  • Reports to the credit bureaus

    Your account and payment history with the Indigo® Platinum Mastercard® will be reported to the three major credit bureaus — Equifax, Experian, and TransUnion. These bureaus each compile a credit report, tracking payment history, account balances and more. Your credit score, generated by scoring models such as FICO and VantageScore, pull from these reports and summarize your credit habits as a three-digit number. In short, using this card responsibly can help you build a good credit score.

What to look out for

  • You might pay an annual fee

    The Indigo® Platinum Mastercard® can charge an annual fee ranging from $0 - $99, depending on your creditworthiness. You could also be approved for this card with a $59 annual fee, or with an annual fee of $75 for the first year and $99 thereafter. The fact that you don’t know upfront whether you’ll have to pay an annual fee — and the wide range of possible annual fees that you could be saddled with — is a significant con to consider when thinking about applying for this card.

  • This card won't earn rewards

    Having to potentially pay an annual fee for a card that doesn’t offer rewards or a sign-up bonus isn’t a great deal. If you have fair/limited credit, you might want to take a look at the Capital One QuicksilverOne Cash Rewards Credit Card, which charges a low $39 annual fee and lets you earn 1.5% cash back on every purchase, every day.

  • Low $300 credit limit

    The credit limit for this card is $300. And if your card comes with an annual fee, that will reduce your amount of available credit — for example, if you’re charged an annual fee of $59, your initial available credit will be about $241.

  • High interest rate

    This card’s APR is 24.90%, which is in line with other cards aimed at applicants with less than stellar credit. If you get the Indigo® Platinum Mastercard®, you should always pay off what you charge in full each month to avoid interest charges.

  • Beware of "documentation fees"

    If you request a paper statement, be ready to pay a fee of $3 per statement. And if you ask for copies of sales tickets or other items posted to your account, that’s a $10 fee per sales ticket or other item.

Alternate credit-building card

Compare it to the Secured Mastercard® from Capital One

If you’re looking to rebuild from bad credit, a good card for the job is the Secured Mastercard® from Capital One. As one might guess from the card’s name, the Secured Mastercard® from Capital One is a secured credit card. This means cardholders are required to put down a security deposit before getting the card. However, there is a $0 annual fee.

With most secured cards, the amount of the deposit becomes your credit limit — for example, a $200 deposit would equal a $200 credit limit. Where the Secured Mastercard® from Capital One stands out is that when you apply, Capital One will review your application and decide if your minimum deposit is $49, $99, or $200. You’ll get a credit limit of $200 in any case, no matter which deposit you’re qualified for.

If you don’t want to pay a deposit, the Indigo® Platinum Mastercard® might be a better choice. However, if you end up having to pay an annual fee for the Indigo® Platinum Mastercard®, it could end up being more expensive in the long run than making a one-time deposit on the Secured Mastercard® from Capital One. And if you don’t have enough for your deposit up front, the Secured Mastercard® from Capital One allows you to pay it over time, as long as you pay the full amount within 35 days of being approved. Note that all deposits must be at least $20 and in whole dollar increments.

For those who do have $200 available to deposit right away, another excellent secured card to look at is the Discover it® Secured Credit Card. It charges a $0 annual fee and earns 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, 1% unlimited cash back on all other purchases - automatically.

Is this card right for you?

If you’re looking for an unsecured card to help rebuild your credit, the Indigo® Platinum Mastercard® isn’t a terrible option. But given this card’s unpredictable annual fee, as well as other potential fees, we think most cardholders would be better served by a secured card such as the Secured Mastercard® from Capital One or the Discover it® Secured Credit Card.

Apply Now
on Genesis FS Card Services's secure site