Does Credit One have a cash back credit card?

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

1. Request a PIN either online or by calling Credit One customer service at (877) 825-3242, if you don’t already have one.
2. Insert the credit card into an ATM and enter the PIN.
3. Select the cash advance option on the ATM screen.
4. Enter the amount you’d like to withdraw.
5. 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.

The minimum credit score requirement for a Credit One credit card is 300-640, depending on the card. Credit One credit cards are available to applicants with credit scores ranging from bad to fair credit, or better, so it's possible to be approved despite damaged credit or limited credit history. And if your credit score is below the threshold needed for a credit card from Credit One, it’s best to wait to apply until you meet the credit score requirement.… read full answer

You can check your credit score for free on WalletHub.

Credit One Credit Score Requirements by Card

• Credit One Bank® Platinum Visa® for Rebuilding Credit: 300 (Bad credit)
• Credit One Bank® Platinum Visa®: 640 (Fair credit)
• Credit One Bank® Platinum X5 Visa®: 640 (Fair credit)

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for a Credit One credit card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.

Cash back is a benefit that gets you a discount for certain purchases. In the context of credit cards, cash back is a type of credit card rewards. You can earn cash back through signup bonuses for meeting certain spending requirements, or through ongoing rewards, as a percentage of the amount spent on qualifying purchases. Some credit cards also offer cash back anniversary bonuses in the form of statement credit for qualifying purchases.… read full answer

Cash back credit cards make for a great addition to anyone’s wallet because they provide a straightforward earning and redemption mechanism in a currency that cannot be devalued by a credit card company. The best cash back credit cards tend to be those that keep things simple by providing attractive flat earning rates across all purchases, or those that offer higher rates in your biggest spending categories. Cash back credit card rewards can usually be redeemed for statement credits, bank account deposits or paper checks, depending on the credit card company.

Other types of cash back

Some also think of getting cash from a credit card's credit line, like withdrawing cash from an ATM, as cash back. This type of transaction is considered a cash advance and should be avoided. Cash advances are extremely expensive transactions that are subject to fees and a cash advance APR that applies immediately, with no grace period.

Aside from credit card rewards and cash advances, cash back could also refer to money that you get at a store register when you’re checking out. But you can pretty much only do this when using a debit card to pay. The money is added to your purchase amount and debited from your bank account. Some stores have a limit on the amount too and not every store will let you do it.

Some car dealerships offer “cash back” when you’re buying a car, too. It’s basically just a rebate on the car. You can usually get it as a check or as a discount on your down payment.