First Access Visa® Card Review

Rating as of Jun. 24, 2020 based on a review of services February 17, 2023.

CREDIT SCORE REQUIREMENTS: Credit Score requirements are based on Money Under 30’s own research of approval rates; meeting the minimum score will give you the best chance to be approved for the credit card of your choice. If you don’t know your credit score, use our free credit score estimator tool to get a better idea of which cards you’ll qualify for. *Money Under 30 uses a FICO 8 score, which is one of many different types of credit scores. *A creditor may use a different score when deciding whether to approve you for credit. ?
  • Poor/
  • Fair
Poor 500-599
Fair 600-699
Good 700-749
Excellent 750-850
Our Bottom Line:

The First Access Visa, which reports to all three major credit bureaus, can help you improve your credit. It also gives you a low-limit credit line so you can have a credit card when one is needed.

Intro APR Purchases N/A
Intro Term Purchases N/A
Intro APR Balance Transfers N/A
Intro Term Balance Transfers N/A
Regular APR See Terms
Annual Fee See Terms
  • Checking Account Required
  • Reporting monthly to all three major credit reporting agencies
  • Perfect credit not required for approval; we may approve you when others won't
  • Easy and secure online application
  • $300 credit limit (subject to available credit)
  • The First Access Visa Card is issued by The Bank of Missouri pursuant to a license from Visa U.S.A. Inc.
Editor's Note - You can trust the integrity of our balanced, independent financial advice. We may, however, receive compensation from the issuers of some products mentioned in this article. Opinions are the author's alone. This content has not been provided by, reviewed, approved or endorsed by any advertiser, unless otherwise noted below.

People with credit scores below 600 find themselves not often able to receive credit cards. Still, in order to improve one’s credit, a credit card with on-time payments is exactly what you need.

The First Access Visa® Card is a credit card that helps those who have been declined credit get back on their feet, albeit with some hefty fees.

How do you know if the First Access Visa® Card by the Bank of Missouri is right for you? I take a look here.  

First Access Visa® Card key facts

  • Best for people with poor credit – If you have a credit score under 600, considered fair or poor, you can improve your credit with the First Access Visa® Card that reports to all three credit bureaus. 
  • Best for people who pay on time – Late fees are up to $40, as are returned payments. Be on time and you won’t pay.
  • Best for people who need a small line of credit – Credit limits are just $300, starting you out small as you work your way back to good credit.

First Access Visa® Card in-depth analysis

Read here to know what to expect with a First Access Visa® Card. 

Quick approval

The First Access Visa® Card prides itself on offering credit cards to those who have been denied credit in the past. In mere minutes you can expect to be approved for a $300 limit.  

Introductory offer

First Access Visa® Card rarely declines applicants and can do so by charging a one-time fee at application, of $95. Pay to get a credit card? Yes, when you need a credit card and cannot get approved, it may be worth it.

Annual fee

With poor credit, it can be hard to find a credit card that doesn’t charge you a fee to carry it. First Access Visa® Card is no different. It offers credit to people with scores under 600, but for a $75 annual fee.

After the first year, your annual fee will drop to $48. 

Interest rates and fees

Poor credit also means horrible interest rates, and you’ll find that with First Access Visa® Card. You’ll pay See Terms interest on your purchases. However, if you pay off charges within 21 days, you won’t be charged with interest. 

Cash advances

You can use your First Access Visa® Card to receive cash advances with the same APR as purchases. For every transaction, you will also pay the greater of either $10 or 3% of the amount of cash you have taken. So cash advances are definitely not recommended with this card.

Additional fees

There isn’t a credit card out there that won’t charge you for a missed or late payment. First Access Visa® Card will charge you up to $40 if you do, along with up to $40 if a payment is returned.

Since you are applying for this card in order to improve your credit, you wouldn’t want to do that anyway, as it would only hurt your credit more.

Pros & cons


  • Build credit — Your credit will be reported to all three credit bureaus
  • $300 credit limit — You’ll have a $300 credit limit, despite your credit history.
  • Annual fee drops after the first year — The annual fee drops to $48 in the second year.


  • High one-time fee — You’ll pay a $95 one-time fee.
  • High first-year annual fee — You’ll pay $75 annual fee the first year.
  • High APR — You’ll pay See Terms APR.

First Access Visa® Card compared to the competition 

Credit cards servicing people with poor credit do not vary greatly. Here is a look at First Access Visa® Card and its competitors, Indigo® MasterCard® Credit Card and Milestone MasterCard®.

 First Access Visa®Indigo® MasterCard® Credit CardMilestone MasterCard®
APRSee Terms24.9%24.9%
Cash Advance APR and Feeno fee first year, then $10 or 3% fee29.9% APR; no fee first year then $5 or 5% fee29.9% APR; no fee first year, then $5 or 5% fee
Annual FeeSee Terms
$0 - $99$35 - $99*
Late Payment FeeUp to $40$40$40

You’ll find lower APRs with the Indigo® MasterCard® Credit Card and the Milestone MasterCard®, along with lower cash advance fees and annual fees. And they also do not charge the one-time initial fee.

*Dependent on credit worthiness

Should you get the First Access Visa® Card?

When you have poor credit, it may seem you cannot catch a break. How do you improve your credit if you don’t have a credit card? Applying for a card like the First Access Visa® Card, which targets people with poor credit, you can get a low credit limit and prove yourself worthy of having better credit.

The card reports to all three major credit reporting agencies. While you will pay hefty fees to start, once you pay bills on time, your credit score will begin to improve and you can become eligible for lower-fee cards.

How to apply for the First Access Visa® Card

The First Access Visa® Card is easy to get approved for. Without perfect credit, you can fill out a simple questionnaire with your name, address, phone number, and select the style card you’d like. On your second page, enter your date of birth, social security, and if you rent or home a home.

You’ll add your employment status, monthly income, and monthly expenses, followed by a few “yes” or “no” questions on how you will use your card. Once you hit submit, you’ll receive your answer within 60 seconds.

Most people are approved, even if they have been declined recently. The First Access Visa® Card charges a one-time $95 fee at the time of accepting their credit card. You will also be charged a $75 annual fee, taken directly from your credit limit. New cardholders typically receive a $300 credit limit, so after the annual fee, your credit limit will be $225.

It seems like a low amount, and if you do not pay that fee off before the billing statement, you will be charged interest, which will take away from your credit limit. Before you know it, you can have less than $200 credit and have paid nearly the same in fees.

Alternatives to the First Access Visa® Card

Not sure this credit card is right for you? There are other options for people with poor credit. 

Secured credit cards

Rather than pay fees for a credit card, a secured credit card also you pay a refundable deposit to receive a card. First Progress Platinum Prestige MasterCard®, for example, doesn’t charge a fee, doesn’t require a minimum credit score, and only requires that you connect your credit card to your bank account to make your monthly payments.

Prepaid Credit Cards

Another option is a prepaid credit card, which is secured as you are putting your own money onto the card and then withdrawing with your own funds. When you are out of money, your card won’t work, so it stops you from using funds you don’t have — no over-the-limit or late payment fees. Walmart’s MoneyCard is one example of a prepaid card, and they even provide 3% cash back to users. 


If the reason you are considering a credit card is that you need fast cash, there are companies providing loans to people with poor credit.

CashUSA and Badcreditloans both provide loans with rates between 5.99 to 35.99% for loans from 90 days to 72 months.


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.

As you do well, your credit limit will increase and your FICO score will improve.

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About the author

Total Articles: 44
Stephanie Faris has written about finance for entrepreneurs and marketing firms since 2013. She spent nearly a year as a writer for a credit card processing service and has written about finance for numerous marketing firms and entrepreneurs. Her work has appeared on Retirable, The Motley Fool, MoneyGeek, Ecommerce Insiders, GoBankingRates, and ThriveBy30. Learn more about Stephanie on her website or find her on LinkedIn, Facebook, or Twitter.