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Indigo® Platinum Mastercard® Credit Card

Our Two Cents: Indigo® Platinum Mastercard® Credit Card Review

The Indigo® Platinum Mastercard® Credit Card , issued by Genesis bank, is a good option for customer with credit scores that fall below 675. While it's not the flashiest credit card, Indigo does offer some useful perks. One of the nicest features of the Indigo card is that it offers a prequalification process. Before you apply you can submit your name, address, and last 4 digits of your Social Security number. Genesis Bank will use this information to do a soft credit pull to see if you are a good fit for their offer.

Prequalification is a great feature for people looking to safeguard their credit score. Hard credit inquiries that are added to your credit report will shave 3-5 points off of your overall score for about 6 months, and remain on your credit report for two years. 3-5 points may not seem like a lot, but if your credit is on the line between being bad/fair, 5 points can make a large difference. If you're prequalified and decide to apply, Genesis will use a hard inquiry to approve your application.

When it comes to fees Indigo is decent, depending on what offer you qualify for. Indigo has three different annual fee price points. You'll either qualify for a $0, $59, or $99 annual fee. The prequalification process will let you know what price point you qualify for before you apply. The interest rate tends to be a bit high at 24.9%. But the goal will be to pay off your balance in full each month, so this shouldn't be a huge deciding factor. Late payment and returned payment fees come in at up to $39 each. You can review complete pricing information here.

If you can prequalify for the $0 annual fee Indigo is a strong option for building credit. Making your payments on time each month and keeping your credit utilization below 10% will help you build a strong credit score. Scores over 675 will open the door to cash back and rewards credit cards so you can start to fill your penny jar with some extra dough. You should also consider adding an installment account like Self Lender to your credit history. Credit mix makes up 10% of your credit score, so adding a product like Self Lenders credit builder loan to your credit history can be an easy win for your credit score.

In conclusion, if you are looking at the $59 or $99 annual fees, you'll be better off with a secured card like OpenSky. You can also check CardMatch for your matched credit card offers to see if you are likely to qualify for credit cards from American Express, Chase, Bank of America, Genesis, or Capital One. If you came in at the $0 price point Indigo is a good option to start (or restart) your credit building journey.

Interested in Indigo? Apply Now.

  • Easy pre-qualification process with fast response
  • Less than perfect credit is okay
  • Online servicing available 24/7 at no additional cost
  • Unsecured credit card, no security deposit required
  • Account history is reported to the three major credit bureaus in the U.S.




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Self Lender Credit Builder


  • Get the savings plan that helps build credit today! No checking account or security deposit required.
  • Choose the amount you want to save and make monthly payments towards your savings goal.
  • Monthly payments are reported to the three major credit bureaus.
  • For Example: A $545.00 Credit builder account, paid 12 times over one year would have a monthly payment of $48.00, and an Annual Percentage Rate of 15.65%.

Petal Credit Card


  • Credit Limits between $500 – $10,000
  • No FICO score required. Petal can use your connected bank accounts for account approval.
  • Earn up-to 1.5% cash back with responsible use
  • No annual fee

OpenSky® Secured Visa® Secured Card


  • $35 Annual Fee
  • $200 Minimum security deposit
  • Join a community of other people just like you to share you credit building journey
  • Terms Apply