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First Access VISA® Credit Card Review

First Access VISA<sup>®</sup> Credit Card

First Access VISA® Credit Card Review

Get Approved Fast
Quick and Easy Secure Online Application
VISA Access
Enjoy VISA benefits and acceptance
Ongoing Purchase APR
See Terms
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Who is the First Access VISA® Credit Card best for?

If you have poor or limited credit history, you also have limited credit card options. If this is the case, you should consider a credit card that can help you establish or build credit, while offering broad acceptance, like the First Access VISA® Credit Card.

The First Access VISA® Credit Card’s site boasts that you don’t need “perfect” credit to be approved, and you can receive a response “in as little as 60 seconds” after completing the simple online application. Additionally, the First Access VISA® Credit Card can be used anywhere in the U.S. that Visa is accepted.

The catch? The First Access VISA® Credit Card also comes with a number of fees and an extremely high interest rate.

We review the pros and cons of the First Access VISA® Credit Card, as well as show how it compares to another card designed for individuals with less than perfect credit: the Discover it® Secured Credit Card.

First Access VISA® Credit Card overview

    • Checking Account Required
    • Reporting monthly to all three major credit reporting agencies
    • Perfect credit not required for approval; we may approve you when others won’t
    • Easy and secure online application
    • Get a result in as little as 60 seconds upon completion of the online application
    • Receive your card more quickly with optional Expedited Processing (additional fee applies)
    • Online Customer Center available 24 x 7
    • $300 credit limit (subject to available credit)
    • The First Access Visa Card is issued by The Bank of Missouri pursuant to a license from Visa U.S.A. Inc.
  • Credit needed:
    540 659
    Fair/Poor
  • Perfect credit not required
  • Easy online application
  • Response in as little as 60 seconds

Intro Purchase APR

N/A

Regular Purchase APR

See Terms

Intro BT APR

N/A

Regular BT APR

N/A

Annual Fee

See Terms

Cash Advance Fee

N/A

Foreign Transaction Fee

N/A

Balance Transfer Fee

N/A

Pros and cons

Pros

  • Rebuild or establish credit
  • Nationwide insurance

Cons

  • High APR
  • Costly fees

What we like about the First Access VISA® Credit Card

  • Rebuild or establish credit

    Because the First Access VISA® Credit Card reports to the three major credit bureaus, it can help you establish or rebuild your credit with responsible card usage. This means paying your balance in full and on time each month.

    When it’s not possible to pay in full, be sure to keep your credit utilization under 30%. So, for example, if you have a credit limit of $400, keep your balance below $120 at all times.

  • Nationwide acceptance

    The First Access VISA® Credit Card is a genuine Visa credit card that can be used nationwide anywhere Visa is accepted — both in stores and online.

What to watch out for with the First Access VISA® Credit Card

  • High APR

    If you do not pay your card balance in full each month, you will incur extremely high interest charges. For the card’s current purchase APR, See Terms.

  • Costly fees

    The First Access VISA® Credit Card comes with a number of fees, including a one-time program fee (See Terms) and an annual fee. Plus, you will incur a monthly service fee after the first year (See Terms). The monthly service fee is in addition to the annual fee.

    Note, you will be responsible for paying the program fee prior to your account being opened. Additionally, the annual fee will be assessed before you begin using your card and will reduce the amount of credit you initially have available.

Alternate credit-building card

Compare it to the Discover it® Secured Credit Card

| Disclosures
Discover it® Secured Credit Card
Discover it® Secured Credit Card
on Discover's secure site
N/A
26.74% Variable APR
$0
2% cash back at Gas Stations and Restaurants on up to $1,000
  • No credit score required to apply.
  • No Annual Fee, earn cash back, and build your credit with responsible use.
  • Establish your credit line by providing a refundable security deposit of at least $200. That means a $200 deposit for a $200 credit line. Or a $500 deposit for a $500 credit line. Bank information must be provided when submitting your deposit, and the security deposit equals your credit limit.
  • Automatic reviews starting at 7 months to see if we can transition you to an unsecured line of credit and return your deposit.
  • Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Discover helps remove your personal information from select people-search websites. Activate by mobile app for free.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
  • Click "Apply Now" to see terms and conditions.
300 540

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

 

While the First Access VISA® Credit Card is an option for those who can’t qualify for a traditional credit card, there are credit-building cards available that offer rewards and do not charge annual or monthly maintenance fees, such as the Discover it® Secured Credit Card.

In addition to a $0 annual fee, the Discover it® Secured Credit Card offers 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically. Plus — discover will match all the cash back you’ve earned at the end of your first year.

Like other secured credit cards, the Discover it® Secured Credit Card requires a security deposit, which will also serve as your credit limit. Discover it® Secured Credit Card members pay a minimum security deposit of $200 (up to $2,500), depending on your income and ability to pay. However, starting at seven months of card membership, Discover will automatically review your account to see if you qualify to receive your security deposit back and convert to an unsecured card.

Compare the First Access VISA® Credit Card to similar cards

Comparison of four different credit cards
First Access VISA<sup>®</sup> Credit Card Discover it<sup>®</sup> Secured Credit Card Capital One Platinum Secured Credit Card OpenSky<sup>®</sup> Secured Visa<sup>®</sup> Credit Card
First Access VISA® Credit Card Discover it® Secured Credit Card Capital One Platinum Secured Credit Card OpenSky® Secured Visa® Credit Card
Apply Now
on Bank Of Missouri's secure site
Apply Now
on Discover's secure site
Apply Now
on Capital One's secure site
Apply Now
on OpenSky's secure site
Annual Fee
See Terms $0 $0 $35
Regular APR
See Terms 26.74% Variable APR 28.49% (Variable) 20.39% (variable)
Welcome Offer
N/A Discover will match all the cash back you’ve earned at the end of your first year. No bonus N/A
Rewards Rate
See Terms 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically Non-rewards Card None
Recommended Credit
Fair/Poor Poor/Limited Poor/Limited Poor/Limited
Card Details
First Access VISA® Credit Card Discover it® Secured Credit Card Capital One Platinum Secured Credit Card OpenSky® Secured Visa® Credit Card

Is the First Access VISA® Credit Card right for you?

If aren’t able to qualify for a traditional credit card, the First Access VISA® Credit Card can offer the convenience of paying bills and making online purchases using a credit card, while helping you rebuild or establish your credit. However, because of the numerous fees and high interest rates, you should consider other credit-building cards, such as the Discover it® Secured Credit Card, before settling on this card.

Apply Now
on Bank Of Missouri's secure site