When it comes to the Assent Platinum MasterCard credit card.

You have to remember that it is one of the best options in today’s market to increase your credit score.

This is, of course, enjoying the benefits of a credit card while having certain limitations.

But if this is your first credit card or you are coming back from a bad streak of debit balances, the Assent Platinum MasterCard credit card is offered as an alternative.

It will act like a standard credit card, but because it is secured, it will benefit you with monthly reports to the leading credit agencies in the US.

The best thing is that your line of credit depends on your initial deposit, which means you can have a minimum credit of USD 200 or a maximum of USD 2000 to begin with.

Your security deposit is fully refundable. During the first six months, your introductory APR is 0%, which is ideal for learning how to manage your credit and avoid excessive debt while you grow and add a positive credit score.

So, if you want to know the pros and cons of the Assent Platinum MasterCard credit card, then we will break them down for you so that you can tell us whether or not it suits your needs.

Pros of the Assent Platinum MasterCard credit card

We will be honest with you; the idea is that you understand how this card works. Being designed for first-timers or people with bad credit history, you should not expect excellent benefits.

But the ones it offers you are solid, especially compared to other insured creation cards. For example:

• Your credit requirement is shallow.
• Low credit requirement.
• 0% introductory APR for six months.
• After six months of the APR extension, the interest rate you will have is still relatively low.
• Your initial line of credit will equal your security deposit, which means you can reach a maximum amount of USD 2,000—something pretty high-end in these cards.

Cons of the Assent Platinum MasterCard credit card

Your annual fee

Yes, this one, although it is shallow as a fee compared to other cards, it turns out that it is a disadvantage when compared to similar cards on the market, which do not usually charge an annual fee.

Even though we are honest and know that USD 49 of the commission is a disadvantage, we remind you that its interest rate is relatively low, so you will notice that, in the end, the annual fee is a joke compared to the rates of other cards.

Security deposit

Although this ensures that the card has a guarantee and is more solid than those that do not include an initial deposit, if you do not have the capital to invest, it can become a disadvantage that makes you opt for another card.

Would you apply for the Assent Platinum MasterCard credit card?