Apply for the Total Visa Card

The Total Visa Card is a credit card option designed for individuals with poor or limited credit who are looking to rebuild their financial history.

This card offers a practical solution for those who need access to a line of credit without undergoing a stringent approval process.

With quick approval, even for applicants with a problematic credit history, it stands out for its accessibility and efficiency.

Issued by The Bank of Missouri, the Total Visa Card is widely accepted across establishments in the United States due to its association with the Visa network.

However, it comes with certain costs that should be carefully evaluated before submitting an application.

Is This the Right Card for You?

The Total Visa Card may be an ideal choice for individuals who:

1. Are rebuilding their credit: If you’ve faced financial difficulties in the past, this card can serve as a tool to improve your credit score.
2. Need an easy approval process: With less stringent requirements, the approval process is straightforward and quick.
3. Seek quick access to credit: Once approved, the card can be issued and delivered promptly.

However, it’s essential to assess whether the associated costs fit within your budget and whether you can manage the card responsibly to avoid unnecessary debt.

Potential Drawbacks to Consider

Before applying for the Total Visa Card, it’s crucial to be aware of its potential disadvantages:

1. High associated costs: The card comes with several fees, including a program fee, annual fee, and potential monthly charges.
2. Elevated interest rates: The APR is considerably high, leading to significant costs if you carry a balance.
3. No rewards or additional perks: Unlike many other credit cards, it doesn’t offer cashback, miles, or loyalty programs.
4. Low initial credit limit: The initial credit limit is typically set at $300, with a portion of it often allocated to initial fees.

If you are prepared to handle these costs in exchange for the opportunity to rebuild your credit, the Total Visa Card could be a suitable choice.

Eligibility Requirements for Applying

The requirements for applying for the Total Visa Card are relatively simple, making it a popular choice among those with poor or no credit.

Here are the main eligibility criteria:

1. Minimum age: Applicants must be at least 18 years old (or 21 in certain states within the U.S.).
2. Residency: You must reside in the United States and provide a valid address.
3. Stable income: Applicants must demonstrate the ability to meet the card’s financial obligations.
4. Credit history: While the card caters to those with bad credit, a basic credit check is still required.

The application process is entirely online and straightforward. Typically, applicants receive a decision within minutes of submission.

Application Tracking and Card Delivery

Once your Total Visa Card application is approved, the card will be mailed to the address provided. Delivery usually takes 7 to 10 business days.

For those who wish to track the shipment, you can contact the customer service team for updates on the status of your delivery.

Fees and Associated Costs

The Total Visa Card is known for its initial and recurring fees. Before applying, it’s vital to understand all associated costs:

• Program fee: $89, charged upon approval.
• Annual fee: $75 in the first year, which reduces to $48 in subsequent years.
• Monthly maintenance fee: $6.25 starting from the second year, totaling $75 annually.
• Annual Percentage Rate (APR): 34.99%, applied to carried balances.
• Late payment fees: Up to $41 for missed or delayed payments.

These costs make the Total Visa Card an expensive option for individuals who don’t use it responsibly.

How Does the Card Help Rebuild Credit?

One of the primary benefits of the Total Visa Card is its ability to help improve credit scores over time. Here’s how it works:

• Monthly reporting: The card issuer reports your payment activity to the three major credit bureaus: Experian, Equifax, and TransUnion.
• Payment history: By making consistent, on-time payments, you can demonstrate responsible credit usage, which is a key factor in improving your credit score.
• Credit utilization: Keeping your balance low in relation to your credit limit further boosts your credit profile.

Frequently Asked Questions

1. What sets the Total Visa Card apart from other credit cards?
   The Total Visa Card is specifically designed for individuals with poor or limited credit, offering a straightforward path to rebuilding financial credibility.
2. Does the card require a security deposit?
   No. Unlike secured credit cards, the Total Visa Card does not require a deposit. Instead, there is an upfront program fee.
3. Can this card help build credit?
   Yes. The issuer reports your payment history to major credit bureaus, enabling you to improve your credit score with responsible use.
4. What is the initial credit limit?
   The starting credit limit is typically $300, but initial fees may reduce the available credit.
5. Is the card accepted internationally?
   Yes. As a Visa card, it is accepted globally, but additional fees may apply for international transactions.

Customer Support and Contact Information

If you need assistance with your Total Visa Card, you can reach the issuer through the following channels:

• Customer Service Phone Number: 1-877-526-5799 (available during business hours).
• Official Website: Visit www.totalcardvisa.com to manage your account and find additional resources.
• Email Support: Use the contact form on the official website for inquiries.

Additional Considerations

While the Total Visa Card provides a pathway for rebuilding credit, it’s not suitable for everyone.

The high fees and interest rates make it crucial to use this card responsibly.

Here are some tips for maximizing the benefits of the Total Visa Card:

• Pay your balance in full each month: This avoids interest charges and demonstrates financial discipline.
• Avoid unnecessary fees: Be mindful of late payments and overdraft limits to avoid additional charges.
• Use the card sparingly: Limit its use to essential purchases to keep your credit utilization low.

Conclusion

The Total Visa Card serves as an accessible solution for those looking to rebuild or establish their credit history.

It offers fast approval and the potential for improving credit scores over time when used responsibly.

However, the associated costs are high, making it most suitable for individuals who lack other credit options.

Before applying, take the time to evaluate whether you can handle the card’s fees and interest rates.

If managed wisely, the Total Visa Card can pave the way toward better financial opportunities.

However, improper usage can lead to additional financial strain.

If you’re ready to take the next step in building your credit, the Total Visa Card is a reliable option—just be aware of its limitations and costs.