Taz Credit Card: The Ultimate Guide to Building Your Credit Fast

The Taz Credit Card is designed to help individuals manage their finances, build credit, and access a range of benefits tailored to their specific needs. Whether you’re looking to establish credit, take advantage of special offers, or find a reliable card for everyday spending, the Taz Credit Card offers a solution. In this article, we’ll dive deep into the product details, benefits, product comparisons, and the application process.

What is the Taz Credit Card?

The Taz Credit Card is a credit-building tool designed specifically for individuals who have a limited credit history or a poor credit score. It is issued by Continental Finance, a company known for offering credit solutions to those who may struggle to qualify for traditional credit cards. The Taz Credit Card is a subprime credit card, meaning it’s aimed at people with low credit scores or those looking to establish credit from scratch.

This card provides a path for users to rebuild or establish credit by reporting their payment history to the three major credit bureaus: Equifax, Experian, and TransUnion. By making on-time payments and keeping balances low, users can see improvements in their credit scores over time.

Unlike secured credit cards, the Taz Credit Card does not require a security deposit, making it a more accessible option for individuals who may not have the upfront funds typically required by secured cards. Instead, the Taz Credit Card operates like a traditional credit card, allowing users to borrow against a credit limit, which can increase over time with responsible use.

Key Features of the Taz Credit Card:

Credit Reporting to Major Bureaus: One of the most critical aspects of the Taz Credit Card is its monthly reporting to all three credit bureaus. This is a key feature for anyone looking to build or rebuild their credit, as consistent, on-time payments can improve your credit score over time.
Accessible to Individuals with Low Credit Scores: Unlike many mainstream credit cards that require good or excellent credit, the Taz Credit Card is designed for people with poor or no credit history. This makes it a valuable option for those who have been turned down by other credit card issuers.
Credit Limit Increases Over Time: The Taz Credit Card offers the opportunity for credit limit increases after a period of responsible usage. By making on-time payments and keeping your balance low, you may qualify for a higher credit limit, which can further improve your credit utilization ratio—a key factor in calculating your credit score.
Fraud Protection: Like other reputable credit cards, the Taz Credit Card comes with built-in fraud protection. This includes features such as zero liability for unauthorized transactions, helping to keep your finances safe from fraudsters.
Online and Mobile Account Management: Managing your Taz Credit Card is easy with online and mobile tools. Users can log in to their account via the Taz website or mobile app to monitor transactions, make payments, and check their balance in real-time.

Who Should Consider the Taz Credit Card?

The Taz Credit Card is aimed at individuals who:

Have a poor credit score or no credit history and are seeking a way to build or rebuild their credit.
Have been denied by traditional credit card issuers and need a card with more accessible approval criteria.
Are willing to pay a low annual fee in exchange for the ability to build credit through monthly reporting to major credit bureaus.
Want the flexibility of a traditional credit card without needing to provide a security deposit, which is often required by secured credit cards.

How the Taz Credit Card Works

The Taz Credit Card works similarly to other credit cards but with an emphasis on credit rebuilding. Here’s how it functions:

Application Process: When you apply for the Taz Credit Card, the issuer will evaluate your creditworthiness. However, unlike mainstream credit cards, the Taz Credit Card is designed for individuals with poor or no credit, meaning the requirements are much less stringent. This makes it easier for applicants to be approved.
Initial Credit Limit: Once approved, you will be granted an initial credit limit, which is typically lower than those of standard credit cards. This is to minimize the risk to the card issuer, given that the card is designed for higher-risk applicants. As you make timely payments, you may be eligible for credit limit increases over time.
Monthly Payments: Like any credit card, you are required to make monthly payments based on the balance you carry. Making these payments on time is critical, as they will be reported to credit bureaus and will directly affect your credit score. Late payments can lead to higher fees and potential damage to your credit score.
Interest Rates: The Taz Credit Card, like many subprime cards, tends to have a higher Annual Percentage Rate (APR) compared to prime credit cards. It’s essential to avoid carrying large balances month to month to prevent accruing high-interest charges.
Credit Limit Increases: After demonstrating responsible use, including making on-time payments and keeping balances low, you may become eligible for credit limit increases. This can further help improve your credit score by lowering your credit utilization ratio—a key factor in determining your credit score.

Benefits of the Taz Credit Card

The Taz Credit Card offers a variety of benefits specifically designed to help individuals rebuild their credit, manage finances, and access the conveniences of having a credit card. Below is a deeper look into the key benefits that set the Taz Credit Card apart from other credit-building tools.

1. Credit Building Opportunities

One of the most significant benefits of the Taz Credit Card is its potential to help users build or rebuild their credit score. The card reports your payment history to all three major credit bureaus—Experian, Equifax, and TransUnion—every month. By making on-time payments and keeping your balance low, you can gradually improve your credit score, which is crucial for accessing better financial products in the future, such as loans, mortgages, or even lower-interest credit cards.

This feature is particularly beneficial for individuals who have no credit or a low credit score due to past financial missteps, such as missed payments or high debt balances. The Taz Credit Card acts as a stepping stone to a healthier credit profile when used responsibly.

Why it matters:

Your payment history makes up 35% of your credit score.
Building a positive credit history with regular on-time payments can lead to higher credit scores.
You can qualify for better interest rates and loan terms as your score improves.

2. Low Barrier to Entry

The Taz Credit Card is tailored for individuals who may not qualify for traditional credit cards due to a low credit score or no credit history. Unlike prime credit cards, which typically require excellent or good credit, the Taz Credit Card has lenient approval requirements. This makes it accessible to people who are in the process of rebuilding their financial profile after facing credit challenges.

Unlike secured credit cards, the Taz Credit Card does not require a security deposit, making it more attractive for those who might not have the funds to put down a deposit upfront.

Why it matters:

Easy approval process for people with poor or no credit.
No security deposit required, unlike many credit-building cards.
A practical option for individuals who have been rejected by traditional credit card issuers.

3. Credit Limit Increases Over Time

Another notable benefit of the Taz Credit Card is the ability to qualify for credit limit increases after a period of responsible usage. As you demonstrate that you can manage your credit wisely—by making on-time payments and staying within your credit limit—the card issuer may increase your available credit.

This feature not only gives you more spending power but also helps improve your credit utilization ratio, which is an important factor in calculating your credit score. Keeping your utilization ratio below 30% of your available credit is ideal for improving your creditworthiness.

Why it matters:

A higher credit limit reduces your credit utilization ratio, which can positively impact your credit score.
More spending flexibility without negatively affecting your credit score.
Shows the credit issuer that you are a responsible borrower, increasing your trustworthiness for future credit products.

4. Fraud Protection and Security

Security is a significant concern for many credit card users, and the Taz Credit Card addresses this with comprehensive fraud protection features. This card includes zero liability protection, which ensures you won’t be held responsible for unauthorized transactions if your card is lost or stolen.

Additionally, the card comes with advanced fraud detection systems that help monitor your account for suspicious activity. If any questionable transactions are detected, you will be notified immediately, providing peace of mind for users who frequently make online or in-store purchases.

Why it matters:

Zero liability means you won’t be responsible for fraudulent charges.
Real-time fraud detection ensures that your account remains secure from unauthorized use.
You can use your card with confidence, knowing that security measures are in place to protect your funds.

5. Online and Mobile Account Management

With the Taz Credit Card, you can easily manage your account through a secure online portal or a mobile app. This gives you 24/7 access to your credit card account, allowing you to monitor your balance, track transactions, set up payment reminders, and make payments quickly.

This feature is especially helpful for those who are working to rebuild their credit, as it allows users to stay on top of their payment schedules and avoid late fees. The mobile app is user-friendly and makes it convenient to manage your finances on the go, which is crucial for maintaining a good credit score.

Why it matters:

Real-time access to account balances, transactions, and payment history.
Set up automatic payments or reminders to avoid late fees and protect your credit score.
Manage your account on the go via the mobile app, ensuring you’re always in control of your financial situation.

6. Affordable Annual Fee

Compared to other credit-building cards, the Taz Credit Card offers a relatively low annual fee. For individuals rebuilding credit, affordability is often a concern. With an annual fee of $75 for the first year and $48 in subsequent years, the Taz Credit Card provides a budget-friendly option without compromising on essential features like credit reporting and fraud protection.

While some cards aimed at individuals with poor credit have exorbitant fees, the Taz Credit Card strikes a balance between cost and credit-building potential, making it a practical option for those looking to improve their financial standing.

Why it matters:

Lower annual fee compared to many other subprime cards.
Makes the card more affordable for individuals on a tight budget.
Provides high-value benefits like fraud protection and credit-building features at a reasonable cost.

7. No Deposit Required

One of the standout benefits of the Taz Credit Card is that it does not require a security deposit, unlike many other credit-building cards. For example, secured credit cards often ask users to deposit an amount (usually equal to the credit limit) as collateral, which can be difficult for some individuals to afford.

The Taz Credit Card offers an unsecured credit option, meaning you can start building or rebuilding credit without having to put down a deposit. This is especially beneficial for individuals who might not have the extra cash for a deposit but still need a way to improve their credit history.

Why it matters:

No upfront cost for a security deposit, which is typical for credit-building cards.
Accessible for individuals who need to build credit without the burden of saving for a deposit.
Offers flexibility to improve credit while preserving cash flow.

These benefits of the Taz Credit Card make it a valuable tool for individuals seeking to build or rebuild their credit while maintaining control over their financial journey. It offers a low barrier to entry, practical features for credit management, and opportunities for long-term credit improvement without the need for a security deposit.

Taz Credit Card Product Comparisons

When it comes to credit-building cards, the Taz Credit Card competes with several other popular options. Here’s a detailed comparison of how it stacks up against similar products.

1. Taz Credit Card

The Taz Credit Card is designed for individuals with bad credit or no credit history, offering a path toward credit improvement.

Use Case: Ideal for those looking to rebuild credit while maintaining a low annual fee.
Pros: Easy approval for those with bad credit, credit reporting to all three bureaus, low annual fee.
Cons: High APR for late payments, limited rewards.
Price: Annual fee: $75 for the first year, then $48 annually.
Features: Fraud protection, credit limit increases, and mobile account management.

2. OpenSky® Secured Visa Credit Card

The OpenSky® Secured Visa Credit Card requires a refundable security deposit but offers more control over your credit limit.

Use Case: Best for people with no credit or bad credit who want control over their credit limit.
Pros: No credit check required, refundable security deposit, low APR.
Cons: Requires a security deposit, no rewards program.
Price: Annual fee: $35, refundable security deposit starts at $200.
Features: Low APR, flexible credit limits, no credit check required.

3. Credit One Bank® Platinum Visa

The Credit One Bank® Platinum Visa is aimed at people looking to rebuild their credit with cash-back rewards.

Use Case: Perfect for those with poor credit who still want to earn rewards on purchases.
Pros: Cash-back rewards on eligible purchases, credit limit increases.
Cons: Higher annual fee and APR compared to other credit-building cards.
Price: Annual fee: $75 for the first year, then $99 annually.
Features: Cash-back rewards, credit limit increases, free credit score monitoring.

Comparison Table: Taz Credit Card vs Competitors

Product	Use Case	Pros	Cons	Price	Features
Taz Credit Card	Credit rebuilding	Easy approval, low annual fee	High APR, no rewards	$75 first year, $48 annually	Credit reporting, fraud protection, limit increases
OpenSky® Secured Visa Credit Card	No credit check, secured card	Low APR, no credit check required	Requires security deposit	$35 annual fee	Secured, flexible limit, low APR
Credit One Bank® Platinum Visa	Credit rebuilding with rewards	Cash-back rewards, limit increases	High APR and annual fees	$75 first year, $99 annually	Cash-back, credit score monitoring

How to Apply for the Taz Credit Card

Step-by-Step Guide to Applying:

Visit the Official Website: Go to the Taz Credit Card website.
Fill Out the Application: Enter your personal information, including your name, address, Social Security number, and income details.
Review and Submit: Double-check your details and submit the application.
Approval Process: You’ll receive a response quickly, often within minutes. If approved, your card will be mailed to you.
Activate Your Card: Once you receive your card, follow the instructions to activate it online or over the phone.

Where to Buy:

You can apply directly from the Taz Credit Card official website. Click the link below to start your application:

Apply for Taz Credit Card

FAQs: Taz Credit Card

What credit score is required for the Taz Credit Card?
The Taz Credit Card is designed for individuals with low or no credit. Approval is possible even with poor credit.
Are there fees associated with the Taz Credit Card?
Yes, the card comes with an annual fee of $75 for the first year and $48 annually thereafter.
Does the Taz Credit Card report to credit bureaus?
Yes, the Taz Credit Card reports to all three major credit bureaus, helping you build your credit score.
Can I increase my credit limit?
Yes, after consistent on-time payments, you may be eligible for credit limit increases.
How do I manage my Taz Credit Card account?
You can manage your account online or via the mobile app, where you can view transactions, make payments, and check your balance.

The Taz Credit Card is an excellent option for those looking to build or rebuild their credit with manageable fees and accessible benefits. Whether you’re just starting your credit journey or recovering from financial setbacks, the Taz Credit Card offers a pathway to improved credit health.