Indigo Mastercard : Everything You Need to Know

Last Updated on June 13, 2023 by lizzy

The Indigo Mastercard is a secured credit card that is designed for people with bad or no credit history. It has a $0 annual fee and a low credit limit, but it can help you build your credit history and improve your chances of being approved for other types of credit in the future.

To get this, you must make a security deposit of at least $200. Your credit limit will be equal to your security deposit. You can increase your credit limit by making on-time payments and keeping your balance low.

How to apply for an Indigo Mastercard

To apply online:

1. Go to the Indigo Mastercard website.
2. Click on the “Apply Now” button.
3. Complete the application form.
4. Provide your personal information, including your name, address, Social Security number, and income.
5. Select your credit limit.
6. Review the terms and conditions of the card and click on the “Submit” button.

To apply by phone:

1. Call the Indigo Mastercard customer service number at 1-800-423-6663.
2. Provide your personal information to the customer service representative.
3. The customer service representative will process your application.

Requirements for applying for an Indigo Mastercard

• Must be at least 18 years old.
• Must have a valid Social Security number.
• Must have a checking or savings account.
• Must be able to make a security deposit of at least $200.

Benefits of using an Indigo Mastercard

• Can help you build your credit history.
• No annual fee.
• No late payment fees.
• Low interest rate.
• Monthly reporting to all three major credit bureaus.

Features of the Indigo Mastercard

• Secured credit card: A secured credit card is a type of credit card that requires you to make a security deposit. Your credit limit will be equal to your security deposit.
• Low annual fee: The card has a $0 annual fee, which can save you money in the long run.
• Low interest rate: The interest rate is lower than some other secured credit cards. This can help you save money on interest if you carry a balance from month to month.
• Monthly reporting to all three major credit bureaus: Your on-time payments will be reported to all three major credit bureaus, which will help you build your credit history.
• No late payment fees: The Indigo Mastercard does not charge any late payment fees, which can help you save money.
• No foreign transaction fees: The card does not charge any foreign transaction fees, which can save you money when you travel internationally.
• Zero Liability Protection: You are not responsible for fraudulent charges made on your Indigo Mastercard.
• 24/7 customer support: Offers 24/7 customer support, so you can get help with your card whenever you need it.

Indigo Mastercard Bill payment

• Online: Log in to your account online and click on the “Bill Pay” tab. Enter the amount you want to pay and the date you want the payment to be made.
• Over the phone: You can also make a payment over the phone, by calling Indigo Credit Card customer service at (866) 946-9545. You can also inquire about your payment history and other information about your account.
• Mail a check or money order: Make your check or money order payable to “Genesis FS Card Services” and mail it to the address on your bill.
• Automatic payments: You can set up automatic payments from your bank account. This is the most convenient way to pay your bill, and it can help you avoid late fees.

The due date for the bill is the 25th of each month. If you pay your bill in full by the due date, you will not be charged any interest. However, if you only make a partial payment, you will be charged interest on the remaining balance.

Difference between Indigo Credit Card and Indigo Mastercard

The Indigo Credit Card and the Indigo Mastercard are both secured credit cards that are designed for people with bad or no credit history. However, there are some key differences between the two cards.

Feature	Indigo Credit Card	Indigo Mastercard
Annual fee	$0	Varies based on creditworthiness
Interest rate	24.90%-29.99%	Varies based on creditworthiness
Late payment fee	Up to $40	Up to $40
Overlimit fee	Up to $35	Up to $35
Foreign transaction fee	3%	3%
Sign-up bonus	None	None
Credit limit	Starting at $200	Starting at $200
Rewards program	None	None
Card design	Multiple options available	Multiple options available
Card benefits	Zero Liability Protection, 24/7 customer support	Zero Liability Protection, 24/7 customer support