The Total Visa card has one purpose and one purpose only—rebuilding* credit. Like most cards in its category, it doesn’t have many benefits or features that make it attractive to most people. But, for people with significantly damaged credit, it can still help start the journey back to healthy credit.
If you’re in that boat, you’re probably eager to get started and wondering how long it takes to receive the Total Visa card. After you apply, you’ll get a response within 60 seconds. If you’re approved, you’ll get your card in the mail and be able to use it once you pay the program fee and activate the card.
We don’t wholeheartedly recommend the Total Visa to rebuild* credit, but if you use it responsibly you’ll be able to graduate to a better option in no time.
There’s very little chance that you’ll be denied for this credit card. It doesn’t have a minimum credit requirement and is available in most states, excluding New York and Wisconsin.
No security deposit
If you’re dead set against opening a secured credit card, the Total Visa should at least get a glance from you. You won’t have to offer any cash to secure your credit limit—although the cash you’ll pay to cover the card’s fees will add up quickly, taking away a lot of the benefit from having an unsecured card.
Reports to all three major credit bureaus
While many cards only report to one or two credit bureaus, the Total Visa reports to all three. This helps you build* your credit at each one if you show consistent and responsible credit card use.
Rates and fees
A high interest rate and excessive fees plague the Total Visa card, making it difficult to recommend for even the worst situations.
To get started with the Total card, you’ll first pay a one-time program fee of $95—and that’s before your $75 annual fee is placed on your card balance. If you keep the card for longer than a year, the annual fee drops to $48, but you’ll add an additional $6.25 monthly servicing fee (this is waived for the first year). The APR for this card is 34.99 percent for purchases and 34.99 percent for cash advances. While the cash advance fee is waived the first year, transactions will cost you the greater of $10 or 3 percent after that. You’ll also pay an up to $40 fee for late or returned payments.