How does Total Visa Card purchase protection work? This question is about the Total Visa® Card

How does Total Visa Card purchase protection work?

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This question is about the Total Visa® Card

Lisa Cahill, Credit Cards Moderator

@lisacahill • 05/04/22 This answer was first published on 06/14/21 and it was last updated on 05/04/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Total Visa card does not have purchase protection. In fact, purchase protection has never been a Total Visa benefit, since Vervent has always opted to put other perks on this card. This is pretty common, unfortunately. Only around half of the major credit card issuers still offer purchase protection on at least one of their credit cards.

Although the Total Visa card doesn’t have purchase protection, applying could still make a lot of sense in the right situation. The Total Visa card has zero liability protection and it reports monthly to the credit bureaus. It also has an annual fee of $75 1st yr, $48 after. All in all, the Total Visa card is a good card for people who need to build or rebuild credit.

If you’re set on finding a good credit card for purchase protection, consider checking out the U.S. Bank Altitude Reserve Visa Infinite® Card or the Chase Sapphire Reserve®. Both credit cards have great purchase protection coverage, according to the most recent WalletHub purchase protection study.

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How does Visa purchase protection work?

Visa purchase protection covers stolen or damaged items bought with an eligible Visa credit card. You are covered for 90 days following the purchase date. This benefit repairs, replaces, or reimburses eligible products up to $10,000 in coverage per claim and $50,000 per account.

It’s possible to get purchase protection (also called purchase security) on Visa consumer or business cards. But keep in mind that it’s up to the issuer to include purchase protection as part of the...

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How does the Mastercard purchase protection benefit work?

The Mastercard purchase protection benefit reimburses eligible cardholders for items purchased with an eligible World Mastercard or World Elite Mastercard credit card that get damaged or stolen within 90 - 120 days of purchase, depending on the card.

How the Mastercard Purchase Protection Benefit Works

Overview: Mastercard purchase protection reimburses items purchased with an eligible Mastercard in case they get damaged or stolen within 90-120 days of purchase, depending on the card.
How much is covered: The typical...

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Does Total Visa report to all bureaus?

Yes, Total Visa reports credit activity to all three major credit card bureaus (Transunion, Equifax and Experian). As long as you keep your Total Visa account in good standing and maintain your credit utilization below 30%, this card will allow you to rebuild your credit. You can also check out WalletHub's Total Visa review to figure out if it's the right choice for you.

When applying for the Total Visa, a hard inquiry will be triggered and your credit report will be pulled from either...

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