Firstcard is a secured credit builder card. A secured credit card is a credit card that requires a cash deposit and is designed to help people build their credit score. Firstcard requires you to add money to your Firstcard account before you can make a transaction because we want to help you form good spending habits and prevent you from overspending. 

With that said, Firstcard does not extend a credit line. What you deposit is what you can spend. This also means that you don’t need to worry about the credit utilization ratio as it does not apply to Firstcard users.

By using Firstcard for purchases and making timely payments, your on-time credit activities are reported to the major credit bureaus and you can improve your credit score over time.