Taz Credit Card Review: Pros, Cons, and Taz Visa Alternatives

Are you earching for the best credit card to build your credit score? With many options out there, it can be tricky to decide.

Did you receive an offer for a TAZ VISA Credit Card? But can’t find any info on the card, or an honest Taz credit card review?

One thing you will want to know right upfront. The Taz Visa Card is targeted at individuals seeking to build, or rebuild their credit.

Issued by First National Bank, this card offers a guaranteed starting credit limit of $350 or more, making it an enticing option for those with poor credit histories.

This thorough hands-on Taz credit card review tackles this increasingly popular card that I get asked about often. Let’s take a look at if the TAZ Credit Card is the right choice for you…

Key Takeaways: Taz Visa Credit Card Review

• Understanding Taz Visa Card’s Suitability:
  The Taz Visa Credit Card is primarily aimed at those with no or less-than-perfect credit/ The card offers a guaranteed starting credit limit of $350, with potential increases. This makes the card a curious option for beginners in credit building.
• Pros and Cons of Taz Visa:
  The card’s pros include the above mentioned guaranteed minimum credit limit and the ease of managing the account online or via a mobile app. However, it falls short in areas like rewards offerings and has been flagged for delivery issues and late fee structures.
• Customer Service and Fees:
  While the Taz Card reports to all three major credit bureaus, it has mixed customer reviews. Particularly concerning customer service and fee structure. This includes a high APR of approximately 30%, a $75 annual fee, and a $20 fee for authorized users, impacting its overall value proposition.
• Alternatives to Consider:
  For those evaluating the Taz Visa Credit Card, it’s beneficial to consider alternatives such as the Discover Secured, Capital One Platinum, or Citi Double Cash cards, each catering to different needs in credit building and management.

A Full Hands On Taz Credit Card Review & Overview

If you’re in the market for a credit card to help rebuild your credit score, the offer fom Taz Visa Credit Card may have caught your eye.

The TAZ CC promises a guaranteed minimum $350 credit limit for approved applicants. For those with limited credit histories, this is enticing.

Here is a summary overview of what you can need to know about the Taz credit card offer:

• Who is Tazcc good for? Taz Visa Card is designed for individuals with no or less-than-perfect credit, sometimes referred to as a “stepping stone card.” We all have to start somewhere, to establish and build our credit score.
• Who is the Taz credit card through? Taz is issued by First National Bank, through an agreement with Visa.
• What is the starting credit limit for Taz credit card? The Taz Card offers a guaranteed starting credit limit of $350 or more, making it a good option for those looking to build their credit. Everyone approved for the Taz Credit Card is guaranteed this limit.
• Does Taz credit card report to the credit bureas? Yes, Taz reports to all three major credit bureaus, which can help users establish or improve their credit history.
• Is it easy for me to manage my Taz Visa card? It is very easy – cardholders can manage their account online, make payments, review purchases, and set up alerts through the Taz Visa website or the Taz Visa Mobile app. Cardholders can even register for SMS text alerts related to payment notifications, account activity, collections, and security alerts
• Is Taz a good Credit Card? The Taz Credit Card has mixed reviews, with some customers being dissatisfied with the service and others having a positive experience.

What Do Users On Reddit Think?

Unique Features & Pros of Taz Visa Credit Card

• As covered earlier, the card guarantees a minimum starting credit limit of $350-$1,500 for approved applicants.
• Second, it is known for being user-friendly and easy to use.
• Taz Visa, issued by First National Bank (which also issues Legacy and First National Visa Credit Cards), which is a somewhat reputable credit card issuer. I raise this point as this may raise concerns for those with past negative experiences with these institutions.
• Additionally, the Taz Card reports account activity to all three major credit bureaus – Equifax, Transunion, and Experian.
• The “Premium Club” associated with the card offers savings on everyday purchases, travel, and prescriptions, but details about membership fees or requirements aren’t fully disclosed.

The Taz Visa appears to be a basic secured credit card, with a minimum $350 credit limit that can potentially be increased up to $1,500 depending on the applicant’s creditworthiness. 
This makes it a viable option for those looking to build or rebuild their credit.To use the Taz Visa responsibly for credit building:

Source: TAZ Credit Card FAQ

Is the Taz Visa Credit Card Right for You? A Checklist

Credit History Consideration
☑ Do you have limited or damaged credit?
☑ Are you looking to build or rebuild your credit score?

Understanding the Card’s Target Audience
☑ Have you received a Taz Visa Credit Card offer but lack detailed information or unbiased reviews?

Initial Credit Limit
☑ Is a guaranteed starting credit limit of $350 or more appealing to you?
☑ Would you benefit from potential credit limit increases based on responsible card usage?

Evaluating Fees and Costs
☑ Can you manage a $75 annual fee?
☑ Are you comfortable with a high APR of approximately 30%?
☑ Is a $20 fee for adding authorized users acceptable to you?

Card Management
☑ Do you value the ability to manage your account easily online or via a mobile app?
☑ Would registering for SMS text alerts for payment notifications and account activity be beneficial to you?

Comparing Pros and Cons
☑ Are the pros such as a guaranteed minimum credit limit and easy online management enough to outweigh the cons like lack of rewards and potential delivery issues?

Customer Service and Support
☑ Are you prepared for potentially mixed customer service experiences as indicated in reviews?
☑ Is effective customer support a critical factor for you when choosing a credit card?

• How To Do a Credit Card Balance Transfer

• Some users initially thought the Taz Visa could be a good option for building credit, but later expressed skepticism about its long-term value. This suggests a common misconception that any credit card is good for building credit, when in reality the card’s features and costs should be carefully evaluated.
• To overcome this, consumers should research credit card options thoroughly, compare features and costs, and choose a card that aligns with their financial goals and spending habits, rather than simply accepting the first pre-approved offer they receive.

Based on the high annual fee and lack of rewards, as a retired financial planner – I would likely recommend exploring other credit card options that provide more value, such as cards with no annual fee or those that offer cash back or travel rewards.

My Ratings And Review of The Taz Credit Card

User Reviews and Experiences

The Taz Credit Card has received a mixed reception from consumers. On the positive side, some users have praised the card’s user-friendly mobile app and the quality of its customer service. However, numerous complaints have surfaced regarding issues with late fees and card delivery delays.

Negative Experiences:

• Many users in the Reddit discussion expressed skepticism about the value of this card compared to other options, citing the high annual fee and unclear benefits.
• One user noted that with the Taz Visa, “you have to pay far enough in advance and never on the payment due date. No matter what time on the due date you make your payment, it won’t process and you’ll get a late fee.” This suggests the card may have predatory late fee practices.

Common Concerns:

• The high $75 annual fee and lack of rewards or benefits were the primary concerns expressed by users.
• The potentially high APR and unclear interest rate structure were also cited as issues.
• The low starting credit limit of $350, even with the potential for higher limits up to $1,500, was seen as a drawback by some users.

Cons of Taz Visa Credit Card

When it comes to the Taz Credit Card, there are a few key points that you should be aware of.

1. First, customer dissatisfaction seems to be a common issue with this card, as it has a low rating based on customer reviews.
2. Second, some customers have reported delivery issues and never receiving their cards in the mail.
3. The card has a high APR of approximately 30%, an annual fee of $49, and an additional $20 fee for authorized users.
4. There are additional fees, including a 2% transaction fee for cash advances and late fees up to $25.
5. And finally, late fees seem to be another concern with this card, with users mentioning the need to pay far enough in advance and never on the payment due date.

Customer Dissatisfaction

Based on our research, it is difficult to say that the Taz Visa Credit Card is very good. Here are some reasons for customer dissatisfaction:

1. Low rating: Tazcc has a 1.8-star rating based on 7 customer reviews of Tazcc.
2. Late fees: Some customers complain about being charged late fees and having to pay in advance.
3. Delivery issues: Reports of customers not receiving their cards in the mail.
4. Lack of customer service: Some users mention difficulty reaching the Taz customer service number.

Alternative Credit Cards to Consider

When considering alternatives to the Taz Credit Card, two options to explore are the Discover it Secured Credit Card and the Capital One Platinum Credit Card.

• The Discover it Secured Credit Card is a popular choice for those looking to build or rebuild their credit. It offers cash back rewards, reports to all three major credit bureaus, and has no annual fee.
• On the other hand, the Capital One Platinum Credit Card is designed for individuals with average credit. It provides access to a higher credit limit.

• Low credit, want to build credit: Discover Secured Card
• Need quick card delivery: Capital One Platinum Card
• Want to avoid late fees: Citi Double Cash Card

Discover it Secured Credit Card

If you’re looking to build or rebuild your credit, you might want to consider the Discover it Secured Credit Card. Here are some reasons why:

1. Cash Back Rewards: The Discover it Secured Credit Card offers cash back rewards on every purchase you make, helping you save money while building your credit.
2. No Annual Fee: Unlike some other secured credit cards, the Discover it Secured Credit Card does not charge an annual fee, making it a cost-effective option for improving your credit score.
3. Credit Bureau Reporting: By using the Discover it Secured Credit Card responsibly, your payment history and credit activity will be reported to all three major credit bureaus, helping you establish a positive credit history.
4. Opportunity for Upgrade: After several months of responsible use, Discover may review your account and offer opportunities to upgrade to an unsecured card, giving you even more flexibility with your credit options.

Consider the Discover it Secured Credit Card as a valuable tool in your journey towards better credit.

Sign up now: Apply For a Discover IT Card – by using this affiliate link you may be eligible for a sign up bonus of up to $100.

Capital One Platinum Credit Card

Now let’s discuss an alternative to the Taz Credit Card: the Capital One Platinum Credit Card.

• This card is designed for individuals with average credit and offers access to a higher credit limit over time. It does not require a security deposit like some other cards for people with lower credit scores.
• The Capital One Platinum Credit Card also provides the opportunity to build or improve your credit history, making it a suitable option for those looking to establish or rebuild their credit.
• Apply here

Rebuilding Your Credit? The Taz Visa Card Might Not Be Your Best Bet

The Taz Visa Credit Card presents a mixed bag for those seeking to build or rebuild their credit. While it offers a guaranteed credit limit and the opportunity to demonstrate responsible usage, its high fees and interest rate, as well as some customer service concerns, may give some consumers pause. Before applying, carefully consider your credit needs and compare the Taz Card to other options that may better align with your financial goals.

However, a closer look reveals this card may not be the silver bullet for credit-building that it appears to be. The Taz Visa comes with a hefty $75 annual fee and an APR of around 30% – significantly higher than the national average.

Digging into user reviews on Reddit, a common theme emerges – skepticism. Many past and potential Taz Visa cardholders express concerns about the card’s true value proposition. Reports of delivery issues and confusing late fee policies further dampen enthusiasm.

So, who might the Taz Visa Credit Card work for? Are you looking to take the first steps towards rebuilding your credit? Then this credit card could be a viable option for those with no credit history or severely damaged credit. The guaranteed credit limit and reporting to the three major credit bureaus provide a foundation to demonstrate responsible credit usage.

But for consumers with slightly higher credit scores or more flexibility, alternative cards like the Discover it® Secured Credit Card or Capital One Platinum Credit Card (see below) may be the better choice. These offerings often provide better terms, rewards programs, and customer service experiences.

Ultimately, the Taz Visa Credit Card is a mixed bag. While it may help jumpstart credit-building efforts, its high fees and tepid user reviews indicate it shouldn’t be the default pick for most looking to improve their financial profile. Do your research, weigh the pros and cons, and choose the credit card that best aligns with your unique credit goals and spending habits.

Related reading you may be interested in

• Best Credit Monitoring Services for you to use
• What Your Credit Score Starts At?

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Note: The content provided in this article is for informational purposes only and should not be considered as financial or legal advice. Consult with a professional advisor or accountant for personalized guidance.