First Digital NextGen Mastercard – How to apply

By Marcos • 11/28/2024

Having a credit card that combines accessibility and practicality can be essential for anyone looking to build a more solid financial future. 

The First Digital NextGen credit card Mastercard is an option designed for people who need to rebuild their credit history or begin their journey in the financial world. 

Simple to use and with an objective approval process, it has become an attractive alternative for consumers facing difficulties with other cards.  

How does the First Digital NextGen credit card work?  

The First Digital NextGen works like a conventional credit card, with some specific features aimed at consumers with a bad credit history. 

It offers a tighter initial limit, but this can gradually increase as you use the card responsibly and make timely payments.  

One of the main advantages of this card is that it does not require a linked bank account for approval. 

This makes the process less bureaucratic, thus facilitating access to credit for those who face difficulties with traditional financial institutions. 

However, it is important to be aware of the associated fees, which can include monthly fees, annual fees and charges on outstanding balances.  

Another essential feature of this card is that it sends usage reports to the main credit agencies. 

Main benefits of First Digital NextGen credit card Mastercard  

Although it has a clear focus on consumers with limited credit, the First Digital NextGen card offers benefits that can make all the difference for those looking to rebuild their financial lives. 

Firstly, the card has a quick and accessible approval process. Even with a negative credit history, the chances of approval are high. 

And with it you can pay bills without the need for a bank account, using a payment order. 

This card has the Mastercard brand, meaning it is accepted in millions of establishments around the world. 

It doesn’t matter if you shop in person, pay online or for services, the Mastercard credit card will make your life easier. 

And there are other benefits that are standard at Mastercard, which provide users with greater security and peace of mind. 

Among the highlights is Zero Liability Protection, which guarantees that you will not be held responsible for fraudulent purchases made with your card, essential in cases of loss or theft. 

Additionally, the card has Identity Theft Protection, which includes monitoring your credit record and alerts about suspicious activity for those who sign up for the program.

Cons of First Digital NextGen  

One of the main criticisms of the card is its high maintenance costs. 

It has initial fees, as well as monthly and annual fees that can weigh on the budget, especially for those who are in a period of financial reorganization.  

Another point is the low initial limit. For consumers who need more robust credit, First Digital may not be enough. 

However, with responsible use, there is the possibility of gradual increases in the limit.  

Although it is a widely accepted Mastercard, it should not be used outside the US or in foreign currencies, as this generates unspecified exchange rates, making its terms of use confusing and limited.

Finally, the card does not have a rewards program. Unlike other cards that offer cashback, miles or points.  

APR and Fees  

The regular APR, or annual percentage rate, is set at 35.99% variable APR, which places it among the cards with the highest interest rates on the market. 

In terms of fees, the card has an annual fee of $75 for the first year, after which it charges $48 annually. 

In addition, there is a one-off $95 program fee, which must be paid after approval to activate the card. 

First Digital also includes a monthly maintenance fee, in addition to the annual fee, and charges an extra fee of $29 for each additional card requested.

How to apply for the First Digital NextGen credit card Mastercard  

To start applying for your First Digital NextGen credit card Mastercard, you can go to the card’s official website and fill in the online application form. 

During the process, you will need to provide personal details such as your name, address, Social Security Number and income information. 

It is important to check that you meet the basic criteria before submitting your application.  

Once submitted, the analysis is carried out quickly and you may receive an answer within a short time. If approved, you will need to pay the initial fee to activate the card. 

Once activated, you can start using it immediately for your expenses, always remembering to use it responsibly and make payments on time to avoid additional charges.