WordPress 4 and wp_editor() Not Showing Visual/Text tabs

Yes as per @Nibbr Web Development, TinyMCE editor IDs cannot have brackets. Which is the html field ID, so what we will do is create a different but similiar name for the ID attribute and still use our desired name in for the text area field name, like so.

$content = $options['textareafield'];
// editor_id cannot have brackets and must be lowercase
$editor_id = 'textareafield';
// textarea_name in array can have brackets!
$settings = array('media_buttons' => false, 'textarea_name' => 'my_options[textareafield]');
wp_editor($content, $editor_id, $settings);

This should solve this problem. Also for those of you that have problems with the popup windows such as inserting a link.