Indigo® Platinum Mastercard® Review

By: Heather Hanks Oct. 09, 2019

If you’re trying to rebuild your credit or take out a loan with bad credit, then your options are limited. Most lenders won’t consider you if you don’t have good credit. You’ll be seen as too much of a risk and banks do not think you will make payments on time. This makes it hard for you to improve your credit score or get the money you need to meet daily expenses.

The Indigo Platinum Mastercard Credit Card is the perfect card if you have less than perfect credit. Indigo will work with you to help you improve your credit without asking for a security deposit. You can have bad credit and still be approved. They will even allow you to borrow money for an emergency expense, which can help you rebuild your credit profile as long as you repay on time. Check out our Indigo Mastercard Credit Card review here.

Indigo Platinum Mastercard

Overall Rating

What is the Indigo® Platinum Mastercard® Card?

Indigo is the place to go for second changes and new beginnings. The company promises to deliver a straightforward opportunity to access and build your credit so that you can meet your daily needs. The Indigo Platinum Mastercard is made possible by Celtic Bank and their partnership with Genesis FS Card Services, INC.

Celtic Bank is a well-established Utah-based bank founded in 2001 that is FDIC-insured. They handle unique accounts all over North America and the company is recognized for its quality service. Genesis FS Card Services and its parent company (Genesis Financial Solutions) have been helping people with damaged credit get back on their feet for over 12 years.

The company strives to deliver excellent customer service while meeting and exceeding your needs. They have an online account servicing center that is available 24/7 at no extra cost. Your payments are also reported to the three major credit bureaus. These include Experian, TransUnion and Equifax. This is an important part of the credit rebuilding process. Reporting your credit activity and making timely payments helps you build your credit faster.

  • A free night award once per year after your anniversary each year
  • Automatic enrollment in Marriott Bonvoy Silver Elite status
  • 15 Elite Night Credits each year with your Amex Marriott Bonvoy Card that can be used toward achieving the next level of elite status within the Marriott Bonvoy program
  • Enjoy automatic upgrade to Marriott Bonvoy Gold Elite status when you make $30,000 in purchases on your card each year
  • Marriot Bonvoy Gold Elite status offers room upgrades at check in when available (including the corner room, a higher floor or better view), late check out of 2 pm when available, a welcome gift and bonus points upon arrival to your hotel

The Indigo Platinum Mastercard is an ideal card if you have damaged credit and can’t get anyone else to lend to you. The card allows you to get back on your feet if you use it correctly. You’ll be approved even if you have bad credit and can use this card to help with emergency situations. The Indigo Platinum Mastercard is a good card to use to help rebuild your credit by making timely payments and showing the three credit reporting bureaus that you are financially responsible. Your terms and conditions may vary depending on your credit score.

What does Indigo® Platinum Mastercard® Card Offer?

The Indigo Platinum Mastercard offers you a chance to get back on your feet and improve your credit score if you’ve had a not-so-perfect past relationship with money. Damaged credit can take years to improve. The best way to boost your credit score is by making all payments on time. But you can’t do that unless you find a lender willing to work with you.

Quick approve

Indigo will pre-approve you within one day. You’ll know whether or not you are approved within 60 seconds. The best part is that they do not do a hard pull on your credit. These tend to show up on your credit report and can bring down your score. Instead, Indigo uses a soft credit pull and other information to approve you. From there, the rest is on you.

In addition to offering you a second chance, the Indigo Platinum Mastercard has some nice features. You can access your account online 24/7 to help better manage your payments. You can also contact their customer service center 24/7 with questions about your account. The card comes with chip technology for better security to prevent fraud or identity theft. You can also pick your card design at no extra charge for a unique way to express your personality. The card is also accepted worldwide. This means you’ll have the chance to boost your credit no matter where your travels take you.

Here is a summary of features that the Indigo Mastercard offers:

You can pre-quality with a soft-inquiry only. Other lenders might do a hard pull on your credit when you apply to check your credit score. The problem is that these hard pulls show up on your credit report and bring your score down. A soft inquiry does not show up on your credit report, which means that your score remains unaffected. The company does that by allowing you to become pre-approved before filling out an application to determine if you qualify. Keep in mind that being pre-approved does not mean that you are guaranteed to become approved.

Inquiry pre-approve

You might not have to pay an annual fee. The Indigo Platinum Mastercard is designed for those with bad credit. However, if you have fair credit, then you might not have to pay an annual fee. The company charges $0, $59 or $75 the first year and $99 after that to use the card. Your payment is determined by your credit score. The better your score is, the less you’ll have to pay.

Annual fee

Your activity is reported to the three major credit bureaus. Some companies only report to one of the three credit reporting bureaus. This means that your credit score can vary depending on which bureau you pull your credit score from. The best way to ensure an accurate and efficient credit building process is to use a credit card that reports to all three. The Indigo Platinum Mastercard reports the same information to all three bureaus.

Activity report

There is a $300 credit limit. This might not seem like a lot of money, but it’s enough to get you through an emergency payment if needed. Remember that the card is designed to help you build your damaged credit. Because of this, you won’t be able to take out large amounts of money until you prove that you are more financially responsible. A low credit limit also helps ensure that you don’t miss a payment or run into additional fees.

Credit limit

Indigo also offers several shopping and travel perks. You’ll get an extended warranty protection plan on purchased goods. This means you can double the manufacturer’s warranty on eligible items for up to a certain time. You’ll also get master renewal coverage when you travel. This feature allows you to get collision damage and theft protection on rental cars. You’ll need to decline the rental company’s own insurance to receive this benefit. Other coverage includes master road assist service, which allows you to call for help on the road when emergencies strike. This can help you when you need fuel delivery, a tow truck, or a tire change. Lastly, you’ll get travel assistance services that include trip planning. You can ask about medical and legal referrals and help plan future trips in areas that you aren’t familiar with.

The Indigo Platinum Mastercard also offers several security features. You’ll enjoy identity theft resolution services, which covers you if there are fraudulent charges on your account. You’ll also have zero fraud liability. In other words, you won’t be held responsible for fraudulent charges as long as you contact customer service immediately. The Indigo Platinum Mastercard also has a chip in it for added security.

How does Indigo® Platinum Mastercard® Card Work?

Bad credit is hard to fix. You need to find a company willing to work with you and give you a second chance at boosting your credit. Indigo will do that. The Indigo Platinum Mastercard is a no-frills credit card with one goal in mind. It serves as a tool to help rebuild your credit when other companies say no. Indigo will have you go through a pre-approval process where they will do a soft inquiry in your credit.

Bad Credit

Many of the card’s terms and fees will be based on your credit score. Once pre-approved, you’ll need to fill out an application. You will be noticed within 60 seconds if you are approved or not. From there, the Indigo Platinum Mastercard will assign you an annual fee based on your credit score. They will also determine your APR. Your credit limit will be $300. You can use this card to make emergency payments on rent, food, or other necessary items. Make sure you keep your payments to a minimum so that you can make them on time. Late payments will hurt your credit.

Credit Score

Finally, your activity is reported to the three major credit reporting bureaus. This can either hurt your credit or help it, depending on your behavior. If you continue to make timely payments for a long time, then your credit score will increase.But if you fall back into the same habits that damaged your credit in the first place, your credit will drop. It’s an ideal card to use a part of a long-term plan to rebuilding your credit.

Here is a list of basic fees and information linked to the Indigo Platinum Mastercard:

  • Annual fee will range from $0 to $99, depending on your credit
  • APR is fixed 24.99%
  • Credit limit is $300
  • No cash advance fees, balance transfer fees or foreign transaction fees
  • There is also no penalty APR (your APR won’t go up after a missed payment)
  • Late fees are up to $39
  • Unsecured card, which means you don’t have to put down a security deposit to obtain the card

The Indigo Platinum Mastercard: Pros and Cons

All cards come with a list of good and bad features. The Indigo Platinum Mastercard might be an ideal fit for you if you’re trying to rebuild your credit and need a card that can help get you there. If you’ve made some mistakes in the past and have damaged credit, then you can use this card to make small monthly payments until your credit score increases. Keep in mind that you’ll be hit with a higher than average APR, but this is to be expected if your credit is bad.

The card doesn’t offer cash back or other incentives, but it also doesn’t require a security deposit to secure your application. If you’re looking for a card with more frills, then you’ll need to find one with a better reward system. However, you’ll need good credit for most cash back cards. The beauty of the Indigo Platinum Mastercard is that you can get approved with bad credit when other lenders turn you down. We recommend that you use it as part of a long-term plan to rebuild your credit by making small monthly payments on time. Here are some pros and cons of the card.

Indigo Platinum Mastercard PROS

  • You can get approved with bad credit
  • You can get pre-approved with a soft inquiry only (most companies do a hard pull, which affects your credit score)
  • The pre-approval process takes less than one day
  • You’ll know within 60 seconds if you’re approved or not after filling out an application
  • You can pick your own card design at no extra charge
  • You can access your account online 24/7
  • You can contact customer service 24/7 for support
  • You’ll enjoy shopping and travel coverage, including roadside assistance, pre-trip planning help, and car rental damage and theft protection
  • Identity theft protection is provided (you won’t be responsible for fraudulent charges)
  • Your annual fee might be free if you quality
  • There is a $300 credit limit to help you make small monthly payments on time and rebuild your credit
  • There are no monthly fees or one-time fees

Indigo Platinum Mastercard CONS

  • This is not a cash back or rewards card. Many people desire a card that allows them to earn points, miles or even cash back for their purchases, but the Indigo Platinum Mastercard is not one of them. Keep in mind that this card’s purpose is to help you rebuild credit so that you can apply for a cash back rewards card one day. Higher tier cards require a strong credit profile. This card will get you there if you use it as part of a long-term plan to increase your credit score.
  • The interest rate is a fixed 24.99%, which is higher than average. Again, you’ll need to remember that the Indigo Platinum Mastercard is there for you when other lenders say no. The company is taking a risk by lending to someone with a low credit score. This means that Indigo will hit you with higher APR fees to hold you accountable. Use this card as a gateway to help establish good credit. Then apply for a higher tier card with better interest rates once your credit is good again.

How To Apply Indigo Platinum Mastercard

Indigo allows you to see if you are preapproved before applying. This saves you a hard pull on your credit, which shows up on your report and negatively impacts your score. The company will do a soft inquiry to find out if you could be approved once you apply. This should give you a better idea of whether or not to apply for the card. Remember that Indigo will consider you even if you have bad credit.

You’ll need to provide your personal information, such as name, address, and date of birth. You may also need to provide your banking information and social security number. The Indigo Platinum Mastercard is an unsecured card, which means that you do not have to put down a security deposit. On the other hand, you will have to pay higher APR fees.


Apply for the Indigo Platinum Mastercard now and get a response in 60 seconds

Indigo Platinum Mastercard


CreditNervana promises to keep our information as accurate and up-to-date as possible. However, you should always consult a financial advisor for specific questions about personal or business finances and investment opportunities, especially if you are looking in your area. Working with a trained professional who is familiar with your case is a safe and guaranteed way to make the best investment decision possible. Please review our terms and conditions before making any decision based on the information we provide. Financial institutions are constantly changing. Because of this, it’s a good idea to cross check the information you read here with any company you are considering working with.


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