Review

The First Access Visa is an unsecured credit card for people with bad credit. It is quite expensive, charging a one-time fee of $95* before account opening, followed by a $75 annual fee the first year and a combination of annual and monthly fees totaling $123 per year after that. The First Access Credit Card is legit in the sense that it is a real credit card that gives cardholders a credit line of at least $300, with no deposit requirement, and reports account information to the major credit bureaus each month. But unless you really need to borrow money for an emergency expense, you’re better off building your credit with a low-cost secured credit card.

Highlights

Fees galore. If you get approved for the First Access Visa Credit Card, you will have to pay an $95* program fee before your account is even open. And that’s just the beginning. You’ll also pay a $75 first-year annual fee. And while that falls to $48 in the second year, it’s joined by a $6.25 monthly service fee that actually increases your overall costs.

Little spending power, lots of interest. The First Access Credit Card has a $300 starting credit limit, which is reduced to $225 by the first-year annual fee. That’s not much of an emergency loan, if that’s what you’re after, especially considering the rate at which you’ll pay interest on balances carried from month to month. The First Access Card’s dwarfs the 22.84% charged by the average credit card, according to WalletHub’s latest Credit Card Landscape Report.

Cheaper options are available. The First Access Visa Card was obviously designed for people with “bad” credit. And while there aren’t a ton of other offers available to the bad-credit crowd, there are still quite a few that are better, whether you’re in the market for an emergency loan or an inexpensive credit-improvement tool. For example, there are a handful of secured credit cards with no annual fee.

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First Access Visa® Card Review

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Related Credit Card/Article

First Access Visa® Card
The First Access Visa® Card is a credit card perfect for helping people with poor credit repair their scores. Because you have poor credit, expect to pay high interest rates and fees in exchange for the opportunity to show you can manage your credit and payments.
First Access Visa® Card

How to Apply For First Access Visa® Card
OnlineYou can fill out a First Access card application on the First Access website. There is no way to apply over the phone or via mail. To apply for the First Access card, you need to be at least 18 years old – and to get approved, you will need to have a checking or savings account. You’ll als

First Access Visa® Card Payment
OnlineYou can pay your Fist Access credit card online, with Prism or Moneygram.By PhoneYou could even pay by calling 1-888-267-7980 In-bankYou can also pay your bill by making arrangements with your bank.