Assent Platinum 0 Intro Rate – How to apply

By Raquel Oliveira • 04/08/2025

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

The Assent Platinum 0 Intro Rate credit card is a secured option designed for individuals who want to build or rebuild their credit while taking advantage of a 0% introductory APR during the first six months after account opening.

Offering international acceptance, fraud protection, and financial management tools, this card provides the flexibility and security users need to strengthen their credit profile and manage their finances with confidence.

As a secured credit card, it requires a refundable security deposit that determines the credit limit — making approval more accessible for those with limited or challenged credit histories.

In this article, we’ll cover how the card works, its main benefits, possible drawbacks, applicable fees, and the step-by-step application process to help you decide if it’s the right fit for your financial goals.

How does the Applied Bank Secured Visa Gold work?

The Applied Bank Secured Visa Gold is a secured credit card, meaning you need to make a security deposit to use it. 

The amount you deposit, between $200 and $1,000, becomes your credit limit. For example, if you deposit $500, that’s the maximum amount you can charge on the card.

Every month, you’ll receive a bill, and you’re required to make at least the minimum payment. The bank reports your payments to the three major credit bureaus, so paying on time can help improve your credit score. 

Unlike some credit cards, this one doesn’t have an interest-free period. Interest starts on the day you make a purchase, so paying off your balance quickly is important to avoid extra charges.

How does the Assent Platinum 0% Intro Rate Work?

The Assent Platinum 0 Intro Rate works by requiring a security deposit, which acts as collateral for your credit limit. This deposit ranges from $200 to $2,000, depending on your creditworthiness. 

Once approved, the deposit becomes your credit limit, and you can use the card just like any other Mastercard. The big difference is that this is a secured card, meaning the limit is tied to the amount you deposited.

You’ll enjoy a 0% APR for the first six months on purchases, so you can buy things and pay them off without worrying about interest during that time. However, after six months, the APR will increase to 12.99%.  

You can also increase your credit limit over time by adding more money to your deposit. It’s designed for people who may have a limited or poor credit history and need to build it back up.

Main Benefits of the Assent Platinum 0 Intro Rate Credit Card

• 0% introductory APR for purchases during the first six months, allowing users to make transactions without incurring interest on their balances.
• International acceptance in more than 200 countries, including compatibility with car rental agencies and hotel reservations, making it useful for travelers.
• Fraud protection features, ensuring zero liability on unauthorized purchases, providing security and peace of mind against identity theft and fraudulent activity.
• A digital account management system that offers real-time balance tracking, transaction monitoring, and secure credit card control via an intuitive mobile platform.

Cons for the Assent Platinum 0% Intro Rate

While there are some clear benefits, the Assent Platinum 0 Intro Rate also has its downsides. One of the main drawbacks is the $49 annual fee. Although this is fairly common for secured cards, it’s still an extra cost to keep in mind.

Another downside is that the card doesn’t offer any rewards. If you’re looking to earn points, cash back, or miles, this card won’t give you that benefit. 

After the 0% APR period ends, the card also has a 12.99% APR (variable), which could add up if you don’t pay off your balance before the intro period expires.

Lastly, because the card is secured, you have to provide a deposit, which could be a financial strain for some people. The deposit is refundable, but it ties up your money for as long as you have the card. 

APR and fees

Understanding the fees and interest rates associated with the Assent Platinum 0 Intro Rate credit card is essential for effective financial planning and avoiding unnecessary costs.

• The introductory APR for purchases is set at 0% for the first six months, allowing interest-free spending during this initial period.
• After the promotional period, the standard purchase APR increases to 12.99%, which is relatively competitive compared to other secured credit cards.
• An annual fee of $49 is charged for account maintenance, making it slightly higher than some alternative secured credit card options available in the market.
• No balance transfer option is available, meaning users cannot transfer existing debt from other credit cards to consolidate or reduce interest payments.

How to apply for the Assent Platinum 0% intro Rate

Applying for the Assent Platinum 0 Intro Rate is simple. To get started, just visit the Assent card website and fill out an online application. 

You’ll need to provide basic details like your name, address, date of birth, and Social Security number. These details help determine if you qualify for the card.

Next, you’ll choose the security deposit amount you can afford, which will determine your credit limit. The deposit ranges from $200 to $2,000, and it is refundable as long as you keep your account in good standing. 

While the card is mainly designed for people with fair or poor credit, it’s still important to have a minimum credit score of around 525 to increase your chances of approval. 

Final Considerations

The Assent Platinum 0 Intro Rate credit card is a valuable tool for individuals rebuilding their credit, offering a low, fixed APR after six months and global purchasing flexibility.

Despite its security deposit requirement and annual fee, the card provides fraud protection, digital account tools, and international usability, making it a strong financial option for users with limited credit history.

Before applying, consider whether the security deposit aligns with your budget and financial goals. Used strategically, this card can help users improve their credit scores and qualify for better financial products in the future.