Group One Platinum Card Review 2024 (Should You Get It?)

The Group One Platinum is exclusively for use at the Horizon Outlet.

It’s an online store that sells a wide range of products—you can shop for clothing, home decor, small electronics and appliances, toys, and books.

Do you splurge on such goodies often? If yes, then owning this credit card may be a wise move.

Because the Group One Platinum card appeals to folks with bad credit, you may confuse it with a secured card.

But it’s far from it—the card doesn’t need you to put down a security deposit to prove your creditworthiness.

Simply fill out the quick online application and get approved for a $750 credit line.

Unlike secured cards, the Group One Platinum card also doesn’t have a high-interest rate—in fact, it doesn’t charge any interest at all.

You’ll have to make a minimum monthly payment of at least 10% of your current balance or $25, whatever is greater in value.

Applying for the Group One Platinum card will automatically sign you up for Group One Platinum card membership.

It’s a program by Horizon Card Services that gives you extra perks, like:

• Privacy protection.

• Discounts at local pharmacies.

• Roadside assistance.

• Credit monitoring services.

• Legal assistance.

Now, here’s the deal with the costs—there’s no annual fee, but the membership itself will set you back by $14.95 every month.

That’s about $180 a year—pretty pricey, especially if you don’t take advantage of the membership benefits.

However, if you make good use of the roadside assistance perk (which covers up to $150 for three tows or service calls), it’s nearly worth the entire annual fee.

But what if you don’t have enough money in your bank savings account? You may automatically be switched to a reduced membership (how rude).

This option only costs $6.95 a month and gives you access to all the benefits except for roadside assistance.

But don’t sweat it—you can choose to switch back to the full membership whenever you want.

Here’s why we dig the Group One Platinum card—

Fast and easy application

Applying for this card is as easy as it gets.

You simply need to:

• Visit the Group One Platinum card website.

• Fill out an application form.

• Provide general financial information, such as your Social Security number, address, and annual income.

• Click “Submit.”

And that’s it.

Once your application is accepted, you can access the Group One Platinum card right away.

No employment or credit check

Is lack of a good credit score preventing you from qualifying for most credit cards? You won’t have to deal with this pain when applying for the Group One Platinum card.

This card doesn’t have a minimum credit score or annual income requirement, so there’s no real entry barrier.

Expect to get approval without a credit or employment check.

$750 credit limit

Folks with bad credit scores usually get stuck with credit limits that are as exciting as watching paint dry—between a measly $100 and $300.

That’s because people with bad credit are considered at high risk of defaulting on their balance.

Fortunately, this isn’t the case with the Group One Platinum card. Regardless of your credit, you’ll get access to a decent $750 credit line.

Read more:

• Best Credit Cards for Bad Credit

• Best Second Chance Credit Cards

• Best Credit Cards for No Credit

• Best Unsecured Credit Cards for Bad Credit

0% APR on purchases

The Group One Platinum card gives you a 0% APR. If you’ve been looking to get a credit card, you’ll know that’s pretty amazing.

But what does 0% APR actually mean?

It means you won’t have to pay the annoying interest on your credit card balance. So you can save money on big purchases and get out of credit card debt more quickly.

Learn more about what makes a good APR.

Seven-day free trial

When it comes to credit cards, you don’t usually get to “try before you buy.”

The Group One Platinum card is an exception, with a seven-day free trial offer that lets you test out the card without paying any fees.

Make the most of this time and figure out if the card actually suits your needs before you commit.

You can start by checking out the Horizon Outlet online store—this is where you’ll be doing all your spending.

Additional perks

Applying for this card will automatically put you on the Group One Platinum membership program—a Horizon Card Services program that gives you additional benefits in exchange for a monthly fee.

Here are the key perks:

• My Privacy Protection: Access unlimited privacy protection when using your card within Horizon’s online portal.

• My Roadside Protection: Get up to three service calls or towing requests per year free of charge (up to 15 miles and not exceeding the $50 operator cost).

• Credit Hawk: Leverage 24/7 credit monitoring services through Credit Hawk.

• My Universal RX: Get unlimited access to up to 40% discounts at select local pharmacies.

• My Legal Assistance: Receive one free 30-minute consultation with a specialized legal professional (excluding criminal defense).

Here’s everything you should bear in mind when signing up for the Group One Platinum card—

Usable only at theHorizonOutlet.com

This is a store credit card, meaning you can only use it when shopping on the Horizon online website. You can’t whip it out, say, to pay for groceries at Walmart.

But this online retail shop does have a wide spread of items, including clothing, home decor, electronics, books, and more.

So, whether getting the Group One Platinum card is a good idea solely depends on your shopping habits.

High annual fee

Technically, this Group One credit card doesn’t carry an annual fee. But it does come with a monthly fee—and a rather hefty one at that.

Depending on the type of card membership, you’ll pay either $6.95 or $14.95.

This quickly adds up to a yearly cost of around $84 or $180.

No welcome bonus or rewards programs

For the rather painful monthly fee, you’d think the card comes up with a sign-up offer or a cashback program.

Unfortunately, the Group One Platinum card has none of these perks.

Doesn’t report payments to credit agencies

Yes, you can bag this credit card with a bad credit score, but you won’t be able to use it to build credit.

That’s because the Group One Platinum card doesn’t report your financials to any credit card bureaus.

How does all this work?

It’s simple: If you get this credit card, it won’t show up on your credit report—and credit scoring companies like FICO and VantageScore won’t have any data to assign you better scores.

Read more:

• How to Build Credit With a Credit Card?

• How to Build Credit Without a Credit Card

• How to Build Credit at 18

No mobile app

There’s no Group One Platinum app for iOS or Android.

Visiting the website for Horizon card services is the only way you can access your credit card account online.

If you’re considering getting the Group One Platinum card, you may also be wondering if getting a store credit card is a good idea at all. They come with limited usability after all.

Freddie Huynh, Vice President for Data Optimization at Freedom Debt Relief, explains,

Merchandise cards can be worthwhile in some situations. One is when the benefits are truly worth it. These can include free shipping, associated promotions, coupons, and sales. However, the key is to ensure these benefits are exclusive. Some retailers offer the same perks even without the credit card.

Freddie Huynh, Vice President for Data Optimization at Freedom Debt Relief