Net First Platinum Card

The Net First Platinum Card offers a potential solution for individuals who have experienced credit denials in the past. This unsecured credit line grants up to $750, but what exactly does it entail, and how can you apply? Dive into the details below and learn how this unique financial product may serve your needs.

The Net First Platinum Card is part of the esteemed Horizon Card Services family. Since its inception in 2006, Horizon Card Services has cultivated a solid reputation with thousands of satisfied cardholders. The Net First Platinum Card functions primarily as a merchandise card, usable exclusively at the Horizon Outlet – a popular online retailer. The extensive catalog offers an array of products, including toys, tools, books, cookware, clothing, and more. However, it's essential to note that the selection may not feature many prominent manufacturers.

Application Process

Applying for the Net First Platinum Card is a simple and streamlined process. Notably, it does not necessitate a credit check upon application, ensuring your previous credit missteps won't impede your approval chances. Additionally, the application does not inquire about your employment status and abstains from reporting details to credit bureaus monthly. These factors significantly increase the likelihood of individuals with poor or no credit obtaining an unsecured credit line of $750.

Key Considerations

It's crucial to be aware that upon acceptance, the Net First Platinum Card automatically enrolls you in a monthly program offering supplementary benefits such as My Universal RX, My Privacy Protection, My Legal Assistance, and My Roadside Protect. Nevertheless, it's vital to assess whether the benefits provided justify the cost of the monthly plan.

The Net First Platinum Card presents a potential opportunity for those seeking an unsecured credit line despite an unfavorable credit history. However, we strongly advise carefully examining the terms and benefits before submitting an application.

As we further explore the world of the Net First Platinum Card, the following section will delve into the History of Net First Platinum, shedding light on the evolution of this unique financial product.

The Net First Platinum Card, a key player in the Horizon Card Services family, boasts an intriguing and progressive history. As we traverse through time, we uncover the milestones that have shaped this unique financial product, which has helped thousands of consumers access credit.

The Genesis: Horizon Card Services

Horizon Card Services, the parent company of the Net First Platinum Card, was founded in 2006 with the mission to provide accessible credit solutions to a diverse range of consumers. The company's dedication to assisting individuals in establishing or rebuilding their credit history has led to its solid reputation and a rapidly growing clientele.

The Emergence of the Net First Platinum Card

Over time, the company recognized the need for a specialized product that would cater to individuals with less-than-stellar credit histories. Thus, the Net First Platinum Card was born. This innovative merchandise card catered to a niche market by offering an unsecured credit line without the strict requirements and credit checks that other credit products mandated.

The Exclusive Partnership: Horizon Outlet

To provide cardholders with a unique shopping experience, Horizon Card Services forged an exclusive partnership with the Horizon Outlet, a popular online retailer. Through this alliance, the Net First Platinum Card enabled cardholders to access an extensive catalog of products, ranging from toys and tools to clothing and cookware. This partnership further solidified the company's commitment to delivering value to its customers, even if the selection lacked representation from some well-known manufacturers.

Continual Improvement: Application Process and Benefits

In response to market demands and customers' needs, the Net First Platinum Card evolved to offer a simplified application process that eliminated credit checks and inquired neither about employment status nor reported details to credit bureaus monthly. This streamlined process opened doors for individuals with poor or no credit to obtain an unsecured credit line of $750.

The Evolution of Net First Platinum: A Comprehensive Company History

Net First Platinum Card has introduced a monthly program with additional benefits to enhance their value proposition.

The program includes:

• My Universal RX
• My Privacy Protection
• My Legal Assistance
• My Roadside Protect

Cardholders are encouraged to carefully evaluate these benefits in relation to the cost of the monthly plan. Careful evaluation can help ensure that cardholders are getting the most value for their money.

The supplementary benefits offered by the Net First Platinum Card monthly program can provide the following advantages:

• My Universal RX: Discounts on prescription drugs at participating pharmacies.
• My Privacy Protection: Assistance with identity theft recovery and credit monitoring services.
• My Legal Assistance: Access to legal advice and representation for certain legal issues.
• My Roadside Protect: 24/7 roadside assistance for emergencies such as flat tires, dead batteries, and towing.

By evaluating these benefits and their associated costs, cardholders can make informed decisions about whether to enroll in the program.

The Future of Net First Platinum: Embracing Innovation and Enhancing Customer Experience

In today's dynamic financial landscape, the Net First Platinum Card steadfastly maintains its position as a viable alternative for individuals seeking an unsecured credit line, despite previous credit challenges. The company's unwavering commitment to adapting and evolving ensures that it consistently addresses the needs of its cardholders, striving to enrich their lives and financial well-being.

As we look towards the future, we anticipate further developments and advancements in the Net First Platinum Card's offerings. Prospective users should prudently assess the terms and benefits associated with the card to make informed decisions regarding their financial pursuits.

Armed with a comprehensive understanding of the company's history, we now shift our focus to the contemporary landscape of the Net First Platinum Card. In doing so, we provide a discerning perspective on this distinct financial product's current features and the potential opportunities it presents to the discerning consumer.

Discover the pros and cons for the Net First Platinum Card to determine if it's the right fit for you.

Pros

The Net First Platinum Card offers a variety of advantages designed to cater to individuals seeking to rebuild or establish their credit history while also enjoying exclusive benefits. In this section, we will outline the key pros of the Net First Platinum Card, providing you with valuable insights to help you determine if this financial product is the right fit for your needs.

7-Day Free Trial

New cardholders enjoy a 7-day free trial to evaluate the features of the Net First Platinum card. During this period, users can make purchases at the Horizon Outlet. If unsatisfied, they can cancel the card and only pay for the value of the purchased items. This unique offering is uncommon among most merchandise catalog cards or credit cards.

0% APR on Purchases

A significant advantage of the Net First Platinum card is its 0% APR on purchases. Operating on a buy now, pay later model, users aren't charged any interest on their purchases. However, a minimum payment that exceeds either $25 or 10% of the purchase price is required. This payment structure is more favorable than incurring interest charges on outstanding credit card balances.

Unsecured $750 Starting Credit Limit

Upon approval, users receive an initial unsecured credit limit of $750. Some consumer feedback indicates that users may receive up to $1,500 in starting credit lines. This initial credit line is considerably higher than the majority of subprime credit cards available.

No Credit Checks or Employment Checks - Guaranteed Approval

Net First Platinum guarantees approval without credit or employment checks, as long as the applicant possesses a debit card. There is no need for a checking account to pay the membership fees. This feature simplifies the approval process for the Net First Platinum card.

Horizon Benefits

The compulsory monthly fee for the Net First Platinum Card entitles all cardholders to additional Horizon Benefits. These include My Prescription Benefit, My Roadside Protection, My Legal Assistance Plan, and My Privacy Protection.

My Prescription Benefit

Net First Platinum Card's My Universal RX benefit allows users to save up to 50% on covered prescription drugs. However, users cannot access the list of permitted drugs until they sign up for the card.

My Roadside Protection

According to its terms and conditions, Net First Platinum Card rewards users with up to one towing request or service call per month, but not more than three within a year. Coverage includes 15 miles per tow, and users must pay any charges beyond $50.

My Legal Assistance Plan

Net First Platinum offers users a one-time free 30-minute consultation session with a legal expert in their area of law interest through the My Legal Assistance Plan. This benefit can be valuable for users seeking legal advice.

My Privacy Protection

All Net First Platinum cardholders benefit from unlimited privacy protection while using their card within the Horizon Outlet online portal. This feature provides peace of mind for online transactions.

No Annual Fees

The Net First Platinum card does not impose any annual fees, making it an excellent choice for individuals who prefer to avoid extra charges on their credit cards.

Credit Score Tracking

This card includes a credit monitoring feature, allowing users to track their credit scores and receive notifications of any changes or updates.

Flexible Payment Methods

Net First Platinum provides various payment options, including online, phone, and mail-in payments, to facilitate timely payments for users.

Complimentary Additional Cards

Users can obtain up to three extra cards for family members or friends without incurring additional costs.

No Foreign Transaction Fees

With no foreign transaction fees, the Net First Platinum card is ideal for individuals who frequently travel or make purchases from international vendors.

Online Account Management

Net First Platinum provides users with online account management tools, enabling them to review account balances, examine transaction history, and adjust account settings from a computer or mobile device.

In Summary:

Net First Platinum offers an array of benefits, such as a 7-day free trial, 0% APR on purchases, an unsecured $750 starting credit limit, guaranteed approval, and Horizon Benefits. Some notable Horizon Benefits include My Prescription Benefit, My Roadside Protection, My Legal Assistance Plan, and My Privacy Protection. Net First Platinum presents an excellent opportunity for users to improve their credit score, establish credit history, and access a wide range of benefits.

By carefully considering the pros of the Net First Platinum Card, potential cardholders can make informed decisions about whether this financial product aligns with their needs and goals. With its unique features and benefits, the Net First Platinum Card can be a valuable tool for individuals seeking to enhance their financial standing and access exclusive benefits.

Cons

While the Net First Platinum Card offers various benefits, there are several factors that may make it less suitable for some users.

Limited to Horizon Outlet Usage

The primary disadvantage of the Net First Platinum Card is its restricted use, as it can only be utilized at the Horizon Outlet online store. This limitation significantly reduces its versatility compared to traditional MasterCard or Visa Cards.

Membership Fee

A monthly membership fee is imposed, amounting to $177.24 annually. This cost is substantially higher than fees associated with many other reputable secured credit cards, particularly for those who pay their monthly balance in full. The annual expense surpasses that of numerous cash-back rewards and feature-rich travel credit cards.

No Credit Bureau Reporting

As of January 25th, 2022, Net First Platinum ceased reporting to any credit bureaus, limiting the card's ability to help users build their credit.

Limited Credit Building

Due to the card's lack of reporting to credit bureaus, it offers limited opportunities for users to build or improve their credit.

No Balance Transfers

The Net First Platinum Card does not allow balance transfers, making it less flexible for users seeking to consolidate their debt.

No Rewards Program

The card lacks a rewards program, limiting the incentives and benefits users may receive from their spending.

High Fees for Additional Services

The Net First Platinum Card may impose high fees for certain services, such as late payments or returned payments, which can increase the card's overall cost.

Limited Card Acceptance

As the card is not a traditional MasterCard or Visa Card, it may not be accepted at many merchants, reducing its practicality for everyday use.

Potential for Overspending

The card's high initial credit limit and exclusive usage at the Horizon Outlet online store may encourage overspending, leading to financial strain for some users.

In Summary:

The Net First Platinum Card, despite its benefits, has several drawbacks that may make it less suitable for some users. Limitations include its exclusive usage at the Horizon Outlet online store, a relatively high annual membership fee, and the discontinuation of credit bureau reporting. Additional cons encompass limited credit building opportunities, the absence of balance transfers and rewards programs, high fees for specific services, restricted card acceptance, and a potential for encouraging overspending.

Although Net First Platinum holds a BBB accreditation and an A+ rating, the company's account on the Better Business Bureau once featured an alert stating that the unsecured credit line could only be used for purchasing merchandise through the company's online store. Consumers frequently report that the product selection is limited and of inferior quality, often seeking refunds as a result.

In some instances, the company provides only a partial refund in response to complaints. However, when the Better Business Bureau processes these complaints, Net First Platinum offers an explanation for its stance and typically issues a full refund. Therefore, if you file a complaint with the Better Business Bureau, you will likely receive a full refund from Net First Platinum.

Moving forward, here are the ratings for Net First Platinum as collected and evaluated by various third-party independent review companies:

• Super Money: Rating | 3.9 out of 5 stars
• FinMasters: Rating | 2.1 out of 5 stars
• BestCards: Rating | 3.5 out of 5 stars
• Credit Land: Rating | 3.7 out of 5 stars
• SiteJabber: Rating | 1.5 out of 5 stars

The Group One Platinum Card is a retail card tailored for individuals with poor or no credit history, while the Net First Platinum is a merchandise credit line rather than a conventional credit card, designed for online shopping. Both cards are compatible with Horizon Outlet purchases. Applying for the Group One Platinum Card doesn't require a credit check, and the process is hassle-free. Similarly, the Net First Platinum Card can be obtained without credit or employment checks.

A notable advantage of the Group One Platinum Card is its acceptance of applicants with poor or bad credit, offering relatively high approval chances. However, like the Net First Platinum Card, it imposes a mandatory monthly fee of $14.77, does not report to credit bureaus, and provides no cash back or rewards.

The Freedom Gold Card, issued by Horizon Card Services, is designed specifically for users with poor or bad credit seeking online shopping opportunities without qualifying for a traditional card.

Like the Net First Platinum Card, the Freedom Gold Card caters to applicants with fair credit and grants approvals. Additionally, it includes travel assistance insurance. However, similar to the Net First Platinum Card, users must pay an annual fee of $177.24.

The Boost Platinum Credit Card, another option to consider alongside the Net First Platinum Card, is issued by Horizon Card Services as well. Both cards have comparable features, such as the absence of sign-up bonuses, cash back, rewards, or additional credit card advantages.

You can use your Net First Platinum Card and place orders for your favorite merchandise items at the Horizon Outlet Shopping Site. Below are the step to place an order for the Net First Platinum Card:

Step 1: Login on the Website

Visit the official Horizon Outlet website at www.horizonoutlet.com.

Step 2: Select your Product Category

Out of the various product categories, choose your desired option and select the sub-category you are looking for.

Step 3: Select a Product and Add it Your Shopping Cart

You will find various options for the product you are looking for. Check the pricing and features that suit your needs and select the product that you intend to purchase.

Read the details of the product that you have selected and decide if you want to proceed ahead with the purchase. If you opt for the product, click on add to cart for all the products you have decided to buy.

Step 4: Enter Your Details to Login or Sign Up for the Net First Platinum Card

If you already own a Net First Platinum Card, you must log in with your 16-digit shopping card number to enter your chosen product(s) into the cart.

However, if you haven’t yet signed up for your Net First Platinum Card, click here to create your profile.

• Company Name: Net First Platinum
• Belongs to: Horizon Outlet
• Contact Number: 1-800-251-6144.
• Email: memberservices@horizoncardservices.com.
• Website: https://Net Firstplatinum.com/a/profile.php

Q1. Is Net First Platinum a credit card?

A1. It's important to note that the Net First Platinum Card is not a traditional credit card. It is a merchandise credit line and can only be used for online shopping at Horizon Outlet. The application process for this card is relatively simple, as there is no need for a credit check or employment verification.

Q2. What is a Net First Platinum card?

A2. The Net First Platinum is a merchandise card that allows users to shop online at Horizon Outlet for a variety of items, including books, tools, clothing, cookware, and toys.

Q3. Can I use my Net First Platinum card at Walmart?

A3. Unfortunately, the Net First Platinum Card cannot be used at Walmart or any other store. It is a catalog or merchandise card exclusively for purchases from the Horizon Outlet, an online store selling a range of products such as toys, tools, cookware, clothing, and more.

Q4. Is Net First Platinum legit?

A4. Yes, the Net First Platinum Card is legitimate, as it is issued by Horizon Card Services.

Q5. Is Net First Platinum a scam?

A5. The Net First Platinum Card is not a scam, though it may seem so to some due to mixed customer reviews and feedback.

Q6. What is the Net First Platinum telephone number?

A6. For any inquiries or information regarding the company's privacy practices, contact the Member Services Department at 1-800-251-6144. Their operating hours are Monday-Friday from 8:30 AM to 8:00 PM and Saturday from 9:00 AM to 6:00 PM Eastern Time.

Q7. Does Net First Platinum build credit?

A7. While the Net First Platinum Card offers approval to those with no credit or damaged credit, it does not help in building credit.

Q8. What credit bureaus does Net First Platinum report to?

A8. Net First Platinum previously reported to the major credit bureau Equifax. However, as of January 25, 2022, it no longer reports to any credit bureaus.

Q9. Where can I use Net First Platinum?

A9. Though store cards are typically used at physical locations, the Net First Platinum Card is a line of credit, not a credit card. Therefore, it can only be used at the Horizon Outlet's online store.

Q10. Is Net First Platinum Real?

A10. The Net First Platinum Card is a real card that is easy to qualify for, with no credit or employment checks required.

Q11. Can I get cash back or rewards with the Net First Platinum Card?

A11. The Net First Platinum Card does not offer cash back or rewards programs, as it is a merchandise credit line rather than a traditional credit card.

Q12. What is the interest rate for the Net First Platinum Card?

A12. The Net First Platinum Card offers a 0% APR on purchases, making it an attractive option for those who can manage their spending responsibly.

In Summary

The Net First Platinum Card is well-known and offers various promises to its users, such as approval for those with poor or no credit, no credit checks or employment verification, and an unsecured credit limit of $750. While it might seem appealing for those looking to improve their credit scores, the card does not report account activity to any credit bureaus.

The card's website mentions its credit monitoring policy as a benefit and provides educational resources on building credit. However, the Net First Platinum Card itself does not contribute to credit-building. The card is limited in usage, comes with high fees, and is generally considered a poor choice for many users.

The Net First Platinum Card can only be used at the Horizon Outlet, which offers a limited selection of merchandise. Additionally, the card's fees make it an unattractive option. Ultimately, the Net First Platinum Card is an inflexible and costly merchandise credit line that is not suitable for those looking to build credit.