Today Wells Fargo and BB&T would not give me a cash advance at their ATMs with my Credit One credit card. So the question again is are there any specific Credit One Bank ATM locations to use, or what banks will take a Credit One card?
There aren't any Credit One Bank locations designated to Credit One Bank customers only. All of the Credit One credit cards bear the Visa logo, so you will be able to use virtually any ATM to perform a cash advance. The issue is that credit card cash advances come with horrendous fees and interest rates, therefore it's advisable to avoid getting into a situation where you would need one.
You can get a Credit One credit card cash advance by using your credit card and a corresponding PIN at a participating ATM. You can withdraw cash, up to your card’s available cash limit. If you don’t have a PIN, you can request one either online or by contacting Credit One customer service at … read full answer(877) 825-3242.
How to Get Credit One Credit Card Cash Advance at an ATM
Request a PIN either online or by calling Credit One customer service at (877) 825-3242, if you don’t already have one.
Insert the credit card into an ATM and enter the PIN.
Select the cash advance option on the ATM screen.
Enter the amount you’d like to withdraw.
Withdraw the cash and remove the credit card from the ATM.
Before you take out a Credit One credit card cash advance, it’s important to note that it is a very expensive transaction. For starters, a cash advance fee and a separate cash advance APR apply as soon as you withdraw the cash. Unlike regular interest, cash advance APR accrues immediately, with no grace period. There may also be ATM-owner fees, depending on where you make the cash advance.
Yes, Credit One Bank is a legit bank that has been issuing unsecured credit cards for people with limited credit and bad credit since 1984. Credit One Bank has a B+ rating from the Better Business Bureau and is considered to be a major credit card company by the market research firm J.D. Power.… read full answer
Some people question whether Credit One is real because it has no physical branch locations, operating online only. Another major reason people might think Credit One Bank might not be a legitimate company is that its name and logo are quite similar to Capital One’s. Both companies are real (and they’re not related). Capital One is just bigger, more well-known and has more credit cards to choose from. And Credit One does not offer financial products aside from credit cards.
Here’s why Credit One Bank is legit:
Credit One Bank is a legitimate company, founded in 1984.
About 10 million people have a Credit One Bank credit card.
Credit One Bank has been accredited by the Better Business Bureau (BBB) since 2011.
Credit One has a B+ BBB rating. The BBB notes a pattern of customer complaints about billing and credit-reporting issues made against the company.
Credit One Bank has paid more than $128 million in cash back rewards to cardholders to date. The company also gave $2.5 million to charity in 2021.
Credit One Bank is among the major credit card issuers included in J.D. Power’s annual U.S. Credit Card Satisfaction Survey. Credit One does rank at the bottom among national issuers, though.
Credit One is a completely separate company from Capital One, even though their logos look similar. And Credit One actually had its logo first.
Credit One is legit. Whether a Credit One credit card is the best option for you depends on your unique financial needs. For example, the Credit One Bank® Platinum Visa® for Rebuilding Credit is considered one of the best unsecured credit cards for bad credit on the market.
Here are some of the best Credit One credit cards:
The maximum credit line for a Credit One credit card is not publicly disclosed by the issuer. If approved for a Credit One card, applicants can expect a minimum credit line of $300 to $500 initially, depending on the card and their credit standing.
Credit One cards are designed primarily for people with bad credit (score of 639 or less) or no credit. The lower your credit score is, the lower your Credit One account’s maximum spending amount is likely to be. Credit One may periodically review your account for an automatic credit line increase. This usually occurs after you’ve had the card for at least 6 months. Credit One doesn’t release specific criteria for granting automatic increases.… read full answer
It’s important to know that if you’re approved, the amount of your credit line that’s available for spending may be reduced before you even use the card. Credit One charges an annual fee of $0 - $95 for the first year (up to $99 after). If there is an annual fee, it will be automatically applied against your credit line. So, if your initial credit line is $300, you could start out with as little as $205.
If Credit One’s maximum credit lines aren’t enough to meet your needs, focus on rebuilding your credit to the point where you can apply for a card with the potential for a higher credit line and lower fees.
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