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Who is the Total VISA® Unsecured Credit Card Designed For?

The Total VISA® Unsecured Credit Card is designed for people with bad or no credit who want an unsecured credit card to improve their credit score, and are willing to pay for the privilege. The main advantage of this card is that it accepts practically anyone with the cash to pay the annual fee. The card is issued by the Mid America Bank, a small bank based in Janesville, Wisconsin with over 50 employees and $150 million in assets.

What are the Rates for Total VISA® Unsecured Credit Card?

- The Total VISA® Unsecured Credit Card has a 29.99% APR on purchases and cash advances. These rates are high even for a card designed for people with bad credit, particularly when you consider the initial credit limit is only $300.

What Are the Fees for Total VISA® Unsecured Credit Card Credit Card?

- The Total VISA® Unsecured Credit Card has a one-time $89 processing fee and an annual fee of $75 for the first year. After that, the annual fee drops to $48 a year but a monthly servicing fee of $6.25 a month kicks in, which raises the annual cost of the card to $123 a year. This includes the cost of opening an account with Mid America Bank, which is a requirement to qualify for the credit card.

There is also a 5% cash advance fee (minimum of $5) and a $38 fee on late and returned payments. The card cannot be used at gas pumps, for gambling transactions or purchases outside of the United States. On the bright side, this means there aren't foreign transaction fees to worry about either.

What Is Total VISA® Unsecured Credit Card's Rewards Program Like?

The Total VISA® Unsecured Credit Card doesn't have a rewards program. The only purpose of this card is to give people with compromised credit access to an unsecured credit card.

What about Total VISA® Unsecured Credit Card's Signup Bonus?

Total VISA® Unsecured Credit Card does not have a signup bonus.

Does Total VISA® Unsecured Credit Card Have Any Other Benefits?

The Total VISA® Unsecured Credit Card offers people with compromised credit access to a Visa credit card, easy monthly payments, and a fast and a straightforward application process. It also guarantees to report the financial activity of members to all three credit bureaus, which can help improve their credit score.

How Is Total VISA® Unsecured Credit Card Better Than Other Credit Cards?

Total VISA® Unsecured Credit Card is an option for people who need to repair their credit and want the convenience of a regular, unsecured credit card. The fees and rates charged by this card are among the highest in its category, but it does have the advantage of extremely lax eligibility requirements, and it guarantees it will report your payments to Equifax, Experian, and TransUnion. This card is an alternative to secured credit cards, which require cardholders to make a security deposit to open a line of credit. However, the initial line of credit of this card is $300 and the first year fees amount to $164.

  • Card Type
  • Customer Type
    Personal
  • Card Network
    Visa
  • Credit Score Range
    300 - 640
  • Minimum Age
    18
  • Annual Fee
    $123
  • Grace Period / Deferred Interest
    21
  • Initial Processing Fee
    89
  • Late Payment Penalty
    $38
  • Minimum Interest Charge
    $1
  • Returned Payment Fee
    $38
  • Balance Computation
    Average Daily Balance (including new purchases)
  • Purchases APR
    Starting at 29.99%
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It took over 3 months to get the card. Got the run around from the telephone reps that the card was sent and it never was. The key factor it was a lame excuse for why it was taking so long. if you run into this you have to call them as much as possible until you get the card.


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