Maria Adams, Credit Cards Moderator
@m_adams
A Net First Platinum card is a so-called “merchandise card,” which you can only use for purchases from a single online catalog. Net First Platinum is for the Horizon Outlet, which sells clothing, cookware, tools, toys and more.
The Net First Platinum card is easy to get. It doesn’t do a pull of your credit report or check whether you’re employed. It also offers a $750 credit line, which can look attractive to people with bad credit. But the card’s restricted use and high fees make it a bad choice.
What You Should Know About the Net First Platinum Card
- It’s a “merchandise card” that works only at Horizon Outlet.
- You can use the card to purchase goods from clothes and toys to tools and books. But you won’t find many major manufacturers among the choices.
- The card doesn’t do a credit pull when you apply, so mistakes from the past won’t keep you from getting it. The application doesn’t ask whether you’re employed either.
- The Net First Platinum card offers a $750 credit limit to everyone who is accepted.
- The card does report information about your account to the credit bureaus monthly.
- You have to pay a monthly fee of $14.77.
- Net First automatically enrolls you in a program that costs $25 per month. It gives you “My Privacy Protection, My Universal RX, My Roadside Protect and My Legal Assistance benefits.”
- The benefits from the $25/month plan are absolutely not worth the fee. They amount to 40% off prescriptions at certain pharmacies, roadside assistance and free 30-minute legal consultations.
So, between the fact that you can only use your card at an online outlet that doesn’t carry a great selection of goods and the cost you have to pay just to keep your card, this is a bad deal.
If you have bad credit and need a credit card, you can check out our editors' latest picks for the best credit cards for bad credit.
Kevin Tucker, Member
@kevintucker426
Net first is aCredit card for bad or damaged credit
ctrotter1929, Member
@ctrotter1929
I don't have a net first card
People also ask
Mark Ellens, Member
@mark_ellens
The NetFirst Platinum is a store card with a line of credit that you can only use for the Horizon Outlet Store.
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