Total Visa Review – Forbes Advisor

Total Visa® credit card* compared to the Discover it® secure credit card

The Discover it® secure credit card ranks at the top of our list of best secure cards and there’s no doubt why: although it requires a deposit to secure the line of credit, the card earns 2 % cash back at gas stations and restaurants up to $1,000 in combined purchases each quarter. Plus, earn unlimited 1% cashback on all other purchases and offers a welcome bonus: Cashback Match Unlimited – Discover will automatically match all cashback earned at the end of the first year.

Although the additional benefits and features are lighter than unsecured cards, many secured cards do not charge an annual fee or many of the other fees charged by Total Visa. Although secured cards require a refundable deposit to protect the line of credit, many issuers, including Discover, will return this deposit after demonstrating responsible use of credit. Because those with subprime credit should focus on building better credit, and secured cards are designed for that purpose, a card like the Discover it® Secured Credit Card presents a much preferable option over Total. Visa.

Total Visa® credit card* vs. Bank of America® Travel Rewards Credit Card for Students*

Those privileged enough to afford the student label shouldn’t bother with the Total Visa either, because cards like the Bank of America® Travel Rewards Credit Card for Students* offer the possibility of building up credit with an unsecured advantage, often with lucrative benefits. Although student cards generally offer fewer rewards and benefits than the best unsecured cards, the Bank of America Travel Rewards Card earns 1.5 points per dollar on all purchases everywhere, every time with no expiration on points.

The Bank of America Travel Rewards Card for Students also offers $0 fraud liability and for those with Bank of America accounts, the card offers optional overdraft protection. There’s a good reason the card ranks on our list of best student cards; For an unsecured card with no annual fee designed for a population without a substantial credit history, the Bank of America Travel Rewards Card makes cards like Total Visa pretty useless in comparison.

Total Visa® credit card* compared to the Petal® 1 “no annual fee” Visa® credit card

For those who are not students and do not have a deposit to build credit, the “No Annual Fee” Visa® Petal® 1 Credit Card, issued by Member FDIC WebBank, uses what is called a “cash score” by assessing bank history and other financial history instead of using credit history alone to determine creditworthiness. The card offers limited rewards; it earns 2% to 10% cash back at select merchants.

The “no annual fee” Visa® Petal® 1 credit card, as its name suggests, charges no annual fee, but does not allow balance transfers. The card is also not an option for anyone who has filed for bankruptcy within the last 48 months. For this reason, it may not be an option for some. For everyone else, it’s a better bet than the Total Visa.

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