The minimum credit line for Credit One is $300 or $500, depending on the credit card. The credit lines for most Credit One cards start at $300, though cards such as the Platinum Rewards Visa card and the Credit One Bank Wander card have a minimum credit limit of $500.
Minimum Credit Lines for Credit One Cards
Credit One Platinum Rewards Visa: $500 minimum credit line
Credit One Bank Wander Card: $500 minimum credit line
Credit One Bank American Express Card: $300 minimum credit line
Credit One Bank® Platinum Visa® for Rebuilding Credit: $300 minimum credit line
Credit One Bank® Platinum Visa®: $300 minimum credit line
Credit One lists the minimum credit limit for each credit card on their website. So, you can find the minimum credit line you can expect from any Credit One card by reading through the credit card terms before you apply.
Keep in mind that applicants with high incomes and good credit may be approved for more than the minimum credit limit. And you can always request a credit line increase by calling Credit One customer service at 1-877-825-3242. Credit One will also review your account periodically to see if you qualify for a higher credit limit.
The starting Credit One credit limit is $300 to $500 for all credit cards. Credit One credit card applicants with the highest credit scores and the most income have the best chance of getting the highest starting credit limits.
Credit One usually lists only the minimum credit limit for its credit cards, if they give any indication of what the credit limit will be in the first place. So it’s possible to receive a much higher credit limit than you might find in the card terms. Applicants with high incomes and excellent credit will generally get the highest Credit One credit limits.… read full answer
The minimum payment for Credit One credit cards is $25 or 5% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $25, the Credit One minimum payment will be equal to the balance. In addition, if you recently missed a payment, Credit One may add a late fee to your minimum payment.… read full answer
The Credit One minimum payment is the smallest amount you’re obligated to pay by the due date for your Credit One account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.
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 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.
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