Toyota Rewards Visa Credit Card Review

Toyota Rewards Visa Credit Card is a store credit card issued by Comenity. If you're wondering whether Toyota Rewards Visa Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

• Signup bonus. Offers a signup bonus of 5000 points after spending $500 within 3 months that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 29.24%
• Good or better credit required. You should probably try with another card if your credit score is below 700.

The Good	The Bad
Earn points at Toyota dealerships, gas, dining/entertainment, and everywhere else Visa is accepted. Redeem points your way---service, parts, gift cards, travel experiences and more Earn 5,000 bonus points for spending $500 outside Toyota dealerships within first 90 days. No annual fee. Toyota Rewards Visa Credit Card reports to multiple credit bureaus.	High interest rates. Higher than average purchase APRs. Requires good to excellent credit. Does not offer rewards or cash back. Does not include many credit card benefits.

Is there a Toyota Rewards Visa Credit Card cash back or rewards program?

No, Toyota Rewards Visa Credit Card does not offer a rewards program.

What are the relevant APRs for Toyota Rewards Visa Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Toyota Rewards Visa Credit Card has higher than average purchase APRs.

Toyota Rewards Visa Credit Card has a variable purchase APR of 29.24%.

What are the fees for Toyota Rewards Visa Credit Card?

The following fees apply to Toyota Rewards Visa Credit Card:

Toyota Rewards Visa Credit Card Fees

Fees	Amount
Annual Fee
Returned Payment Fee	up to $39
Late Payment Fee	up to $39

Does Toyota Rewards Visa Credit Card report your account activity to credit bureaus?

Yes, Toyota Rewards Visa Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Toyota Rewards Visa Credit Card

• Visit the Toyota Rewards Visa Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.