Indigo Platinum Mastercard Review

Indigo Platinum Mastercard is a credit card issued by Genesis FS Card Services. If you're wondering whether Indigo Platinum Mastercard is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 24.9%
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 1% every time you make a transaction outside the U.S.
• Accepts cosigners. Genesis FS Card Services is one of the few credit card issuers that allows applicants to include a cosigner. Adding a cosigner can really improve your approval chances if your credit is not great.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, travel assistance, and fraud protection.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still qualify.

Indigo Platinum Mastercard Pros and Cons:

The Good	The Bad
Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty on purchases. Travel assistance insurance Considers applicants with fair or poor credit. Indigo Platinum Mastercard reports to multiple credit bureaus.	Higher than average purchase APRs. Charges an annual fee of $99 Does not offer a signup bonus. Does not offer rewards or cash back. Charges a foreign transaction fee of 1%. You don't earn rewards on every purchase.

Is there a Indigo Platinum Mastercard cash back or rewards program?

No, Indigo Platinum Mastercard does not offer a rewards program.

What are the Indigo Platinum Mastercard benefits?

Indigo Platinum Mastercard provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Assistance
• Reports to major credit bureaus

What are the relevant APRs for Indigo Platinum Mastercard?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Indigo Platinum Mastercard has higher than average purchase APRs.

Indigo Platinum Mastercard has a variable purchase APR of 24.9%. It also has a variable cash advance APR of 29.9% . Note that late payments are subject to an APR of 29.9% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Indigo Platinum Mastercard?

The following fees apply to Indigo Platinum Mastercard:

• An overlimit fee of $40.

Indigo Platinum Mastercard Fees

Fees	Amount
Annual Fee	$99 (Annual fees vary by year)
Overlimit Fee	$40
Foreign Transaction Fee	1%
Returned Payment Fee	up to $40
Late Payment Fee	up to $40

Does Indigo Platinum Mastercard report your account activity to credit bureaus?

Indigo Platinum Mastercard reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Indigo Platinum Mastercard

• Visit the Indigo Platinum Mastercard website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.