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 an A- rating from the Better Business Bureau and is considered to be a major credit card company by the market research firm J.D. Power.
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.
Credit One Bank has been accredited by the Better Business Bureau (BBB) since 2011.
Credit One has an A- BBB rating.
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, though.
10 million people have a Credit One Bank credit card for limited or bad credit.
Credit One is a completely separate company from Capital One, even though their logos look similar.
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