The Indigo Platinum Mastercard is issued by Celtic Bank, a Utah industrial bank, and marketed by Genesis FS Card Services. Genesis FS Card Services has been in business since 2004 and has an A+ rating with the BBB.

Who is the Indigo Platinum Mastercard Designed For?

Indigo Platinum Mastercard is designed for people with poor to fair credit who want to rebuild their credit history and the convenience of a credit card that doesn’t charge an annual fee. The card allows potential cardholders to pre-qualify without a hard pull on their credit, which means there is no impact to your credit score if they are denied.

What are Indigo Platinum Mastercard’s Rates?

Indigo Platinum Mastercard has a 23.9% APR. Cash advances have a 29.9% APR. Cardholders who make a late payment are hit with a 29.9% penalty rate.  Milestone does offer a 25-day grace period during which no interest is charged.

What Are Indigo Platinum Mastercard’s Fees?

Indigo Platinum Mastercard’s annual fee varies from $0 to $99. The annual fee charged depends on the credit profile of each applicant. Applicants find out what fee they will charge when they complete the pre-qualification form.

Indigo also charges a $25 fee for new authorized users.

During the first year, there is no cash advance fee. After the first 12 months, there is either a $5 or 5% cash advance fee, whichever is greater (up to a maximum of $100). Foreign purchases come with a 1% fee.

Late payments and returned payments have a $38 penalty fee. Cardholders who exceed their limit must also pay a $38 fee.

What Is Indigo Platinum MastercardRewards Program Like?

Indigo Platinum Mastercard does not provide a points or miles rewards program. Its main advantage is that it reports to all three major bureaus, which can help cardholders improve their credit score.

It does, however, provide Mastercard Gold benefits, which include:

-       MasterRental Coverage

-       Extended Warranty Coverage and Price Protection

-       Master RoadAssistance Service

-       Travel Assistance Services

It is rare for a credit card designed for consumers with bad credit to offer these valuable benefits with such a low annual fee ($0 to $99).

How Is Indigo Platinum Mastercard Better Than Other Credit Cards?

Indigo Platinum Mastercard does not provide a rewards program. It still is a great deal for people with poor credit looking for a decent card that can help them build their credit history.

This is what we like about Milestone Gold Mastercard:

-       Reports to all three credit bureaus, which will help you rebuild your credit if you are regular and on-time with payments

-       No cash advance fee for the first year

-       Low annual fee

-       Mastercard Platinum benefits

-       Pre-qualification available (no impact on credit score)

-       Free custom card design

  • Credit Score Range
    550 - 650
  • Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    • Unemployed
  • Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
  • Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
  • Minimum Age
  • Supported Income Types
    • 1099 Misc. Income
    • Cash / Other
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
  • Customer Type
  • Annual Fee
  • Grace Period / Deferred Interest
  • Late Payment Penalty
  • Minimum Interest Charge
  • Over-Limit Fee
  • Returned Payment Fee
  • Foreign Currency Transaction Fee
  • Card Type
    Charge Card
  • Card Network
  • Car Rental Insurance
  • Extended Warranty
  • Travel Insurance
  • Balance Computation
    average daily balance (including new purchases)
  • Penalty APR
  • Purchases APR (variable)
    Starting at 23.9%
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