The Net First Platinum credit card is not your every-day credit card that you can use anywhere they accept Visa or Mastercard. It is actually not Visa or Mastercard. It is a card meant to be used only at the Horizon Outlet.

If you have limited or poor credit, you might be looking for a credit card which is going to help you rebuild it. This is not the card you are looking for. Because it is not in the business of credit services, banking or insurance, it does not report to any credit agency.

Even though it offers an unsecured $500 credit limit, no employment or credit checks, it is only meant for individuals who are looking to make purchases at the Horizon Outlet website. It is also not a cheap card to have on you. Have a look at some important figures.

The card does not accrue interest. Not only that, it actually costs close to $25 a month just to own it. That’s a yearly $299,40. Not to mention variable processing fees, a $5 card issuance and account validation fee and $6 for every delivery ($3.50 for signature verification and $2.50 for the delivery). 

It does offer a few benefits, but they’re easily matched by much cheaper secured card options. Some of the benefits include a free credit report (which you can get from all three major agencies for free anyway), a prescription benefit which allows for 40% discount on medication (but you can only see the list of qualified medications after you sign up), roadside protection and legal assistance.

Now let’s put pros and cons into perspective so you can decide for yourself which is the heaviest factor in your decision.

The Net First Platinum credit card does not require good credit. It is specifically aimed at people with poor or no credit score who wish to make purchases at the Horizon Outlet website.

Applying for this credit card is very simple. Everything is done online and it should only take a few minutes. If you’d like a complete step-by-step guide to get your card, hit the link below and we’ll take you there.