Access Visa Card

The Access Visa is an unsecured bad credit card. This means upon approval you will be extended a card with a credit limit of $250. It is issued through Plains Commerce Bank. And has been designed specifically for individuals with bad credit.

This card is commonly confused with the All Access Netspend prepaid card a leading prepaid debit card company.

There is a 19.92% APR and a $48 annual fee. However it will report to all three major credit bureaus. This can help you create a positive payment history on your credit report, simply by making on time monthly payments.

This is a very important piece of information when your credit score is calculated it is estimated that your payment history is roughly 30% or your overall FICO score. Additionally because this is an unsecured credit card it will be weighted much more than a secured credit card and will be faster at building some positive credit.

Benefits:

  • Easy Approval
  • Excellent Customer Service
  • Major Credit Bureau Reporting
  • $250 Credit Limit
  • 24/7 Fraud Protection

Access Visa Card Suggest?

Yes, we do suggest the Access Visa issued by Plains Commerce Bank. However this card has recently been removed from the market. We suspect that it is a result of the new lending laws passed by Congress.

These laws along with our recent economic woes have created a new bad credit card, and instead it is actually an online reloadable prepaid card and not a credit card at all. These are a real major Visa or MasterCard and they can be used online, over the phone, to rent a car, reserve a hotel room, buy gasoline at the pump …

We believe that the new laws on lending will prevent any unsecured bad credit card from returning to the market. This industry was once flooded with unsecured credit cards for bad credit. And while many individuals used them irresponsibly and created more credit and debt issues for themselves.

There were also many others that were able to use them responsibly and efficiently build some positive credit which in turn saved them money on lower interest rates, saved them humiliation by having a better credit score, and saved them the fear of hearing ‘REJECTED’ for a future loan. You don’t just have to live with a damaged history you can take action to increase your credit scores.

We have seen a few cards make an attempt to come back. Unfortunately their terms are MUCH WORSE for you! We have seen two cards that will charge an outrageous 36% APR, and an annual fee of around $150, and an additional monthly fee of $8 or $96! And you first have to pay a $100 security deposit before you are issued the card.

The security deposit we think changes how the card is legally viewed and thus high priced credit lawyers have found away around government legislation and attempted regulation.

But WE DO NOT SUGGEST THESE CARDS!

The terms are atrocious and instead you should take other steps to help repair your credit score, like removing negative items on your credit history.