Summary of Terms for 
First Progress Secured 
Credit Cards 
As of 1/5/2016 

Interest Rates and 
Interest Charges 

Platinum Elite 
MasterCard®  Secured 
Credit Card 

Platinum Select 
MasterCard®  Secured 
Credit Card 

Platinum Prestige 
MasterCard®  Secured 
Credit Card 

These APRs will vary with the market based on the Prime Rate 

Annual Percentage 
Rate(APR) for Purchases 

Prime Rate plus 
Margin of 16.49%* 

Prime Rate plus 
Margin of 11.49%* 

Prime Rate plus Margin 
of 8.49%* 

APR for Cash Advances 

Prime Rate plus 
Margin of 21.49%* 

Prime Rate plus 
Margin of 16.49%* 

Prime Rate plus Margin 
of 15.49%* 

Paying Interest 

Your payment due date is at least 25 days after the close of each billing cycle. W e 
will not charge you interest on purchases if you pay your entire balance by the due 
date each month. W e will begin charging interest on cash advances on the date of 
the cash advance. 

Minimum Interest Charge 

If you are charged interest, the charge will be no less than $1.50   

Fees 

Annual Fee 

Transaction Fees Cash 

$29 

$39 

$44 

Advance Foreign 

Either $10.00 or 3% of the amount of each Cash Advance, whichever is greater 

Transactions 

3% of the transaction amount 

Penalty Fees  

     Late Payment 

Returned Payment 

Up to $38 

Up to $27 

How We Will Calculate Your Balance: We use a method called “daily balance”.   See the Cardholder Agreement for more details. 

FPPT-010516-010516