How to Make a Payment on First Progress Credit Card
First Progress Credit Card is a popular choice for individuals looking to build or rebuild their credit. It offers several benefits and features to help cardholders improve their credit scores. One essential aspect of managing a credit card is making timely payments. In this article, we will guide you through the process of making a payment on your First Progress Credit Card.
Methods of Payment
First Progress Credit Card provides various options for making payments, making it convenient for cardholders to choose the method that suits them best. Here are the different ways you can make a payment on your First Progress Credit Card:
1. Online Payments:
– Visit the First Progress Credit Card website at www.firstprogress.com.
– Log in to your account using your username and password.
– Navigate to the “Payments” section on the website.
– Enter the amount you want to pay and select the payment source (bank account or debit card).
– Review the payment details and confirm the transaction.
– Keep a record of the confirmation number for future reference.
2. Phone Payments:
– Call the First Progress Credit Card customer service number at 1-866-706-5543.
– Follow the prompts to reach the payment section.
– Provide the necessary details, such as your credit card number, payment amount, and payment source.
– Verify the information and complete the payment.
– Make a note of the confirmation number provided by the customer service representative.
3. Mail Payments:
– Prepare a check or money order payable to First Progress Credit Card.
– Write your credit card number on the payment instrument.
– Include the payment stub from your monthly statement or write your account number on the check.
– Place the payment and relevant documents in an envelope.
– Mail the envelope to the address mentioned on your monthly statement.
– It is advisable to send the payment well in advance to ensure timely processing.
Frequently Asked Questions (FAQs)
Q1. How long does it take for my payment to be credited to my First Progress Credit Card account?
A1. Online and phone payments are usually credited to your account on the same business day if made before the cutoff time. Mail payments may take up to seven business days to be processed and reflected in your account.
Q2. Are there any fees associated with making a payment on First Progress Credit Card?
A2. First Progress Credit Card does not charge any fees for making payments. However, it is always wise to check with your bank or payment source for any additional fees they may impose.
Q3. Can I set up automatic payments for my First Progress Credit Card?
A3. Yes, First Progress Credit Card allows you to set up automatic payments. You can choose to pay the minimum amount due, the full balance, or a fixed amount each month.
Q4. What happens if I miss a payment on my First Progress Credit Card?
A4. Missing a payment on your First Progress Credit Card may result in late fees, increased interest rates, and a negative impact on your credit score. It is crucial to make payments on time to maintain a good credit history.
Q5. Can I pay more than the minimum amount due on my First Progress Credit Card?
A5. Yes, you can pay more than the minimum amount due to reduce your outstanding balance and save on interest charges. Paying the full balance each month is an excellent way to avoid interest altogether.
In conclusion, making a payment on your First Progress Credit Card is a simple process that can be done online, over the phone, or through the mail. It is essential to make timely payments to maintain a positive credit history. By following the steps outlined in this article and adhering to the FAQs, you can effectively manage your First Progress Credit Card payments and work towards improving your credit score.