Assent Platinum 0 Intro Rate – How to apply

By Marcos • 01/06/2025

This credit card is perfect for those who want many benefits and enjoy all related advantages.

Ascent Platinum 0 The Intro Rate credit card is a credit card designed for people with limited credit or those wishing to improve their credit. It combines 0% APR on purchases and a secure card structure, making it an affordable and convenient option for those seeking financial security.

This card allows its holders to build a positive credit history while gaining wide acceptance at millions of merchants that accept Visa. Punctual and responsible payments are reported to the main credit agencies, improving your score over time.

Although a deposit is required, Ascent Platinum offers competitive conditions and an attractive introductory period, making it ideal for those looking for a reliable and functional financial solution.

How does the Assent Platinum 0 Intro Rate credit card work? 

Ascent Platinum 0 Intro Rate The credit card Is the Ascent Platinum 0 Intro Rate a secured credit card.This means that an initial deposit is required, which acts as the cardholder’s credit limit. This deposit acts as a guarantee for the card issuer, making it available to those with limited or poor credit.

One of the card’s main features is an introductory 0% APR period on purchases for the first six months, allowing cardholders to make purchases without accruing interest during this period. Upon completion, a competitive fixed interest rate will be applied.

In addition, cardholders can use the card for all day-to-day transactions, such as purchases, bill payments and bookings, while building up a good credit history. Your issuer will report your card usage to the main credit agencies on a monthly basis, helping you to improve your credit score through regular and responsible payments.

Main benefits of Assent Platinum 0 Intro Rate

This premium credit card delivers a range of features tailored to enhance both financial management and lifestyle experiences.

One of the standout advantages is the 0% introductory APR on purchases for the first 6 months, allowing cardholders to make significant expenditures without incurring immediate interest charges. This feature is especially useful for those planning major purchases or consolidating expenses in the short term.

The card’s easy approval process is another key highlight. Unlike many premium cards, it caters to a broader audience, including individuals with limited or poor credit history, provided they can meet the deposit requirement. This makes it an excellent option for those looking to rebuild their credit while enjoying the perks of a high-quality financial product.

HSBC Elite actively supports credit improvement by reporting recurring payments to the three major credit bureaus. This consistent reporting helps cardholders establish or enhance their credit scores over time, providing a pathway to future financial opportunities.

The card is designed with global acceptance in mind, making it ideal for frequent travelers or individuals engaging in international transactions. Its transparent fee structure ensures there are no hidden charges, offering peace of mind and making it a practical tool for managing personal finances efficiently.

Cons of Assent Platinum 0 Intro Rate

• Mandatory deposit: In order to obtain the card it is necessary to make an initial deposit that establishes a credit limit, which can be a barrier for some people. 
• Annual fee: This card has an annual fee of approximately US$49, which may not be ideal for those looking for an annual fee-free credit option.
• No rewards or cash back: Unlike other cards, the Ascent Platinum offers no perks or cash back programs and focuses solely on building credit.

This is an excellent credit repair tool, but may not meet the expectations of people looking for additional perks and rewards.

APR and fees

Assent Platinum 0 Introductory Rate The credit card is known for offering 0% introductory APR on purchases for 6 months, allowing cardholders who need to finance large purchases in the short term to offer significant savings to those who 

After the  introductory period, the fixed interest rate is approximately 12.99% p.a., which is competitive compared to other secured cards on the market.

In addition, the card has an annual fee of US$49, but there are no hidden charges or maintenance fees. Penalties may apply for late payments, so it’s important to manage your balance properly to avoid additional charges.

How to apply for the Assent Platinum 0 Intro Rate

Applying for the Ascent Platinum 0 Intro Rate credit card is very easy and can be done online. Applicants will need to go to the card’s official website and fill in a form with basic information such as personal, income and financial details.

During the application process, you will be asked to pay a deposit of between US$200 and US$2,000, depending on the desired credit limit. This deposit must be paid before approval and serves as a guarantee for the issuer.

Once approved, the card will be sent to the cardholder’s address and the cardholder will be able to use it immediately. To make the most of its benefits, it is important to take advantage of the introductory 0% APR period, ensure punctual payments and build up a solid credit history.