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

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
|
Advertising Disclosure
LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
|
American Express Disclosure
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Total VISA® Credit Card Review

LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
2.2
Total VISA<sup>®</sup> Credit Card
Same Day Approval
Get a Response in Seconds
Build Your Credit
Reports to all Three Major Credit Bureaus
Regular Purchase APR
35.99%*
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Our take: The Total VISA® Credit Card is laden with a variety of fees and comes with a high interest rate which makes it a poor choice if you’re looking to turn your finances around. While it can help you rebuild credit, know that it will also drain your bank account.

Is the Total VISA® Credit Card a good card?

If your less-than-perfect credit score is preventing you from being approved for an unsecured credit card, the Total VISA® Credit Card may be tempting. That’s because it welcomes applicants with poor/Fair credit, boasts an easy and quick application process and reports your credit activity to the three major credit bureaus (Experian, Equifax and TransUnion).

But due to its high ongoing costs — including a program fee, annual fee and monthly servicing fee — you’ll be better off with an alternate card. Oh, and if you want a card with a pretty design, there’s a fee for that, too.

Quick facts

  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • 300 600 660
    Poor/Fair
  • No security deposit required
  • Annual account review for potential credit limit increase
  • Choose your own card design

Intro Purchase APR

N/A

Regular Purchase APR

35.99%*

Intro BT APR

N/A

Regular BT APR

N/A

Annual Fee

$75.00 1st year, $48.00 after*

Cash Advance Fee

Either $10, or 3% of the amount of the Cash Advance, whichever is greater.

Foreign Transaction Fee

N/A

Balance Transfer Fee

N/A

Pros and cons

  • Reports to all three credit bureaus
  • Can qualify with bad credit
  • No security deposit required
  • Visa is accepted everywhere
  • Extremely high APR
  • One-time program fee
  • Annual fee
  • Monthly servicing fee
  • Credit limit increase fee
  • Some liability for fraudulent charges
  • Limitations on where you can use the card

What we like about the Total VISA® Credit Card

  • Reports to the three major credit bureaus

    This card reports your credit activity to the three major credit bureaus. If you’re trying to build or rebuild your credit, this is important because lenders use this data to determine your creditworthiness and decide whether they’ll approve you for a loan or credit card or increase your credit limit.

  • Can qualify with bad credit

    The Total VISA® Credit Card accepts applications from those with less-than-perfect credit. This means if your credit score falls below the “good credit” benchmark, you still have a chance.

  • No security deposit required

    While many credit cards designed for people with bad credit are actually secured credit cards that require a security deposit of at least $200, the Total VISA® Credit Card is an unsecured card that accepts applicants with poor/fair credit.

  • Visa is accepted everywhere

    A key part of using your credit card to improve your credit score is to use your credit card and pay off the balance in full each month. It’s important to keep your credit utilization below 30%, so if you have a $200 line of credit, you really shouldn’t have more than $60 on your statement closing date. To be able to make use of your card, and buy more than a tank of gas for your car while building your credit score, you can simply pay off the purchase the next day.

What to watch out for with the Total VISA® Credit Card

  • Extremely high APR

    If you carry a balance on your card month to month, you’ll be subject to interest charges at an extremely high rate. In fact, this card has one of the highest APRs currently available.

  • One-time program fee

    Before you can even get this card, you need to pay a one-time program fee of $95. There’s an option to pay this in three monthly installments, but that just delays getting the card. Instead, you’d be better off using that money toward a security deposit on a secured credit card.

  • Annual fee

    In addition to the program fee, you’ll be assessed an annual fee.

  • Monthly servicing fee

    For your first year as a cardholder, you don’t have to pay a monthly servicing fee, but after the introductory period, the fee is $99 annually, or $8.25 per month.

  • Credit limit increase fee

    Generally speaking, credit card issuers will consider you for a credit limit increase upon request. They’ll run a credit check and either approve or deny your request. In some cases, with credit cards for bad credit, there will be a policy that the issuer begins to review your credit after a certain period of time.

    Well, with Total VISA® Credit Card, a credit limit increase will cost you a portion of your approved credit limit increase. For example if there’s a 25% fee, a $100 credit limit increase would cost you $25.

  • Some liability for fraudulent charges

    Most credit cards offer $0 fraud liability — meaning, you won’t be held responsible for unauthorized or fraudulent charges if your credit card is lost or stolen. However, with the Total VISA® Credit Card, you may be responsible for up to $50 for fraudulent charges, which is the maximum amount any cardholder can be liable for under federal law.

  • Limitations on where you can use the card

    In an attempt to limit fraudulent charges, you can’t use your Total VISA® Credit Card to pay for gasoline at automated fuel pumps. You can, however, go into the gas station and use your card there to pay for fuel.

    Additionally, you can’t use this card to make purchases outside the U.S.

Alternative cards to the Total VISA® Credit Card

Total VISA® Credit Card vs. Discover it® Secured Credit Card

| Disclosures
Discover it® Secured Credit Card
Discover it® Secured Credit Card
apply-now-icon Apply Now
on Discover's secure site
Rates & Fees
N/A
28.24% Variable APR
$0
Earn 2% cash back at Gas Stations and Restaurants on up to
  • No credit score required to apply.
  • No Annual Fee, earn cash back, and build your credit history.
  • Your secured credit card requires a refundable security deposit, and your credit line will equal your deposit amount, starting at $200. Bank information must be provided when submitting your deposit.
  • 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, automatically. Plus earn unlimited 1% cash back on all other purchases.
  • Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites. Activate for free.
  • Terms and conditions apply.
300 600
Limited/Poor

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.


 
The Discover it® Secured Credit Card is a superior choice for anyone with Limited/Poor credit, since it lacks the fees that come with the Total VISA® Credit Card, doesn’t require credit history, earns cash back on every purchase and offers an intro APR on balance transfers. But while the card has a $0 annual fee, it does require a refundable security deposit ranging from $200 to $2,500, which will equal your credit limit.

That said, your deposit isn’t gone forever. Automatic account reviews begin at seven months to see if they can graduate you to an unsecured line of credit and have your deposit returned. You can also get your deposit refunded if you pay your balance in full and close your credit card account.

The Discover it® Secured Credit Card lets you earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases. Plus, Discover will match all the cash back you’ve earned at the end of your first year as a new cardholder.

You should always pay your bill on time, but Discover makes an exception when it happens the first time. The late fees are none the first time you pay late. After that, up to $41. Additionally, you won’t be assessed a penalty APR.

Is this the Total VISA® Credit Card right for you?

Due to all of the fees, Total VISA® Credit Card is a very expensive credit card to own. You should only get it if you absolutely need a credit card and have exhausted other options. While you have this, or any card, work on improving your credit score and consider these tips to raise your credit by up to 100 points in 30 days.

Our recommendation is that if you can afford to put down a security deposit, the Discover it® Secured Credit Card card is a great alternative, since it provides a path to graduate to an unsecured card.

apply-now-icon Apply Now
on Bank Of Missouri's secure site