Minimum Credit Score Needed 
Bad
Credit One Bank® Platinum Visa® for Rebuilding Credit
Editor’s Take
The Credit One Bank® Platinum Visa® for Rebuilding Credit is one of the best options for a very particular type of person: someone with bad credit who needs what amounts to an emergency loan. If, for example, you need credit to cover the cost of vehicle repairs or unexpected medical expenses that you can’t afford in cash, then paying up to $75 in first-year fees for a $300 initial credit line might actually be the most attractive offer you’re going to get. The ability to earn cash back rewards sure doesn’t hurt, either.
With that being said, if you don’t absolutely need emergency spending power, you’re better off placing a refundable deposit on a secured credit card. You’ll get the money back when you close your account, assuming you’ve paid your bill in full, and you should be able to find an offer with no annual fee. Plus, secured cards are just as good for credit building as unsecured cards.
John Kiernan, Credit Card Editor
Nov 6, 2018
Credit One Bank® Platinum Visa® for Rebuilding Credit Review
The Credit One Bank® Platinum Visa® for Rebuilding Credit is one of the best options for a very particular type of person: someone with bad credit who needs what amounts to an emergency loan. If, for example, you need credit to cover the cost of vehicle repairs or unexpected medical expenses that you can’t afford in cash, then paying up to $75 in first-year fees for a $300 initial credit line might actually be the most attractive offer you’re going to get. The ability to earn cash back rewards sure doesn’t hurt, either.
With that being said, if you don’t absolutely need emergency spending power, you’re better off placing a refundable deposit on a secured credit card. You’ll get the money back when you close your account, assuming you’ve paid your bill in full, and you should be able to find an offer with no annual fee. Plus, secured cards are just as good for credit building as unsecured cards.
- Good way to get an emergency loan with bad credit. Getting an unsecured credit line can be quite expensive when you have bad credit. But that’s less true for the Credit One Visa. There’s no one-time fee for application processing and no monthly fee. And your first-year annual fee will be at most $75 (up to $99 every subsequent year), depending on your creditworthiness. Given that new cardholders begin with a $300 credit line, you’ll essentially be paying as much as $75 for as little as $225 in immediate spending power with the Credit One Bank Card. After all, the first annual fee is assessed when you open your account, thereby reducing the spending power at your disposal.
- Secured credit cards are much cheaper. If you don’t absolutely need an emergency loan or $225 to $300 in spending power isn’t enough for your needs, you’re better off focusing on improving your credit at the lowest possible cost. That means getting a secured card instead of an unsecured offer such as the Credit One Card. Secured credit cards require a refundable security deposit, the amount of which acts as your spending limit. This reduces both your costs and the issuer’s risk. There are a number of secured cards with no annual fee, and opening one will help you improve your credit score to the point where you can qualify for a decent unsecured card.
- The APR varies widely based on creditworthiness. Your rate could be well above 20% with the Credit One Bank Credit Card, especially if you have damaged credit. But if you have damaged credit, you’ll probably be assigned a rate toward the high end of the range. As a result, you should try to pay for your charges as quickly as possible. WalletHub’s credit card payoff calculator will help you make the best plan for your situation.
- Credit-line increases aren’t guaranteed. Credit One Bank says it will consider cardholders for higher credit limits based on their “overall credit performance.” They don’t elaborate about what you need to do or when you can expect a higher limit. Most cards require at least five consecutive months of on-time payments before considering an increase, but you still shouldn’t get your hopes up.
- Rewards aren’t that helpful. The roughly 1% cash back that you will earn on eligible purchases pales in comparison to the rate at which you’ll have to pay interest. And if you really want rewards, you can do better with a secured card.
Nov 6, 2018
Credit One Bank® Platinum Visa® for Rebuilding Credit's Rewards
- Receive 1% cash back rewards on eligible purchases, terms apply
Credit One Bank® Platinum Visa® for Rebuilding Credit's Key APRs & Fees
Purchase Intro APR
Not Offered
Transfer Intro APR
Balance Transfers Not Allowed
Regular APR
19.99% - 25.99% (V)
-
ANNUAL FEE
$0 - $99
Credit One Bank® Platinum Visa® for Rebuilding Credit's Additional Info
-
MAX LATE FEE
$38
-
MAX OVERLIMIT
FEE
None
-
MAX PENALTY APR
None
-
GRACE PERIOD
0 or 24 Days (see terms)
-
ONLINE RESPONSE
Yes
-
CASH ADVANCE
APR
25.99% (V)
-
CASH ADVANCE
FEE
$5.00/8% or $10.00/3%, whichever is greater (see terms)
-
FOREIGN
TRANSACTION FEE
3% or $1.00, whichever is greater
-
SMART CHIP
Yes, chip-and-signature
- See if you Pre-Qualify without harming your credit score
- Track your progress with free online access to your Experian credit score, terms apply
- Looking to rebuild credit? We report to the major credit bureaus monthly
- Accounts are automatically reviewed for credit line increase opportunities
- Make paying your bill easier with the ability to choose your payment due date, terms apply
- Stay in-the-know with customizable account alerts via email and text
- Enjoy peace of mind with $0 Fraud Liability
at Credit One Bank's secure site
Editor's Pick
Credit One Bank® Platinum Visa® for Rebuilding Credit is an Editor's Pick for:
Related Credit Cards
If you are interested in the Credit One Bank® Platinum Visa® for Rebuilding Credit, check out the following credit cards as well:
Related Credit Card Categories
Credit One Bank® Platinum Visa® for Rebuilding Credit is related to the following categories:
Customer Questions and Answers
Don't see what you're looking for? Submit your question about Credit One Bank® Platinum Visa® for Rebuilding Credit to our community.
How do I get a Credit One Bank credit limit increase? Reply 42
Bob Polk
Aug 19, 2017 · @bobpolk
If you consistently paid your monthly bills, your account is automatically considered for a credit limit increase after a period of time. Still, you can easily request one yourself, by logging into your online account at https://www.creditonebank.com. Bear in mind though that a credit limit increase request will trigger a hard inquiry on your credit report, which will cause a temporary dip in your credit score. You can learn more about requesting a credit limit increase here: http://wallethub.com/edu/how-to-increase-credit-limit/25857/.
4
Upvotes
How do I cancel my Credit One credit card application? Reply
Mark Stam
Dec 10, 2018 · @markstam
You can cancel your Credit One credit card application by calling 800-752-5493 from (5 a.m. - 9 p.m. Mon - Fri, 6:30 a.m. - 5 p.m. Sat & Sun / All Times Pacific).
Closing a new credit card account isn’t likely to have a major or long-lasting impact on your credit score.
0
Upvotes
How can I make a Credit One online payment? Reply 2
GINA MARTE
Dec 10, 2018 · @ginamarte
To make a Credit One online payment you need to sign up for an online account first. This is the page you're looking for: https://www.creditonebank.com/account-setup.
After being logged in, you will need your bank account details to perform the payment.
Take into account that your payment will post in about five business days, so plan accordingly.
2
Upvotes
How can I use my Credit One credit card without a PIN? Reply 11
RODNEY BENNETT
Dec 6, 2018 · @rodneyben
You don't need a PIN to make purchases with your Credit One card unless you plan on making cash advances at ATMs. That is absolutely the last way you want to get cash and should only be done in an emergency.
1
Upvote
How can I check my Credit One Visa Platinum application status? Reply 2
Peter Fox
Oct 11, 2018 · @PeterFox
To check your Credit One Visa Platinum credit card application status, go to this page: https://www.creditonebank.com/application-status .
You will just need your last name and Social Security number.
Otherwise, you can call the designated Application Information line at 800-752-5493.
0
Upvotes
How can I apply for the Credit One Visa Platinum card? Reply 33
Robert Stark
Nov 1, 2018 · @robert.stark
You can only apply online for the Credit One card. There's even an Apply Now button on this page that'll redirect you to the application page.
3
Upvotes
Credit One Bank® Platinum Visa® for Rebuilding Credit Reviews
Share your insights and review the Credit One Bank® Platinum Visa® for Rebuilding Credit.
Dec 07, 2018
I've had this card now for around 10 yrs. I had a credit score in the 500s. I've never had any problems with this card. Started with credit line of $300. If you get an offer for credit increase, they do charge you, but if you call, they will usually cut that charge down to about 50%. Always use the standard payment and never had a problem with the payment processing that day. Of course I usually don't have access to those funds till about 3/4 business days later. My limit with them is now at $2500. They were the only card I could find that would give me any unsecured credit. Haven't closed due to possible ding on my length of credit history.… read more
Comment
Dec 06, 2018
I have been a credit one customer for some time now I make my payments on time and if you pay your payment on the due date two days later you will get phone calls and emails because they want to know where their payment is and part of their problem is they are to fucking lazy to look at the payment that is pending!!!!! then it takes them idiots a week to process your payment! I am done with lazy idiot credit banks this means you credit one bank!!! GO CHASE CREDIT cards!!!! thank you Clifton Swicord… read more
Nov 27, 2018
Like most people who read the review but decided to have faith and apply anyway, I applied for an account with a credit one on the 12th of November. I was approved for a credit line of $300. The card arrived in the mail within a week (11|19). I wasn’t too thrilled about activating the card until I had time to check out the terms and conditions due to reading such horrible reviews. After getting around to reading the full disclosure, I personally decided to give them a call in regards to my account. I have not activated the card and nor do I have any intentions on doing so. I called and spoke with a representative, a foreign woman, who spoke fair English (enough to inform me that, in her words, I quote “you need to hurry up and make a payment”! I was also given my due date, minimum payment amount & total annual fees charged upon getting the account) ?? She also confirmed that there is no grace period for the account meaning interest will accrue beginning the posting date of each transaction. What a complete joke❗️I’ll admit my credit is not great (at the time when I applied- Experian:602; Transunion: 626; Equifax:609, mostly due to credit utilization) but before I pay a $75 annual Fee + $19 card holder annual fee = $94 + daily interest, I’d rather put an additional $106-206 with that and get a secured credit card with Discover or Citi Bank and enjoy life with cash back rewards with Discover, a grace period and no annual fee. I have discover $2000 UNSECURED LINE OF CREDIT. USAA $2000 (Full Secured line of credit). Capital One $801 ($401) PARTIALLY UNSECURED LINE OF CREDIT. Merrick Bank $700 UNSECURED LINE OF CREDIT. Avant $300 UNSECURED LINE OF CREDIT. Along with several other UNSECURED cards including retail cards.. thanks but no thank you!. I’m not desperate enough to pay for this. Cancelled❗️… read more
Nov 22, 2018
I've had nothing but good things to say about Credit One Bank. Yes, they have higher fees and interests, but they gave me a chance on their unsecured card and gave me credit of $400. I try to pay off my balance each month, and if I can't, I always pay most of it. I've had no problems and was surprised to get an automatic $200 credit increase after having the card for just 5 months. I like that I can make a quick payment, even though I pay $10....it's worth it to me. This card is great for building your credit score. Mine has gone up and I am very pleased that this card helped me raise that score. Make your payments on time, and you can't go wrong with this score. I've seen so many negative ratings for this card, but if you are really trying to build your credit and have started with a low credit score, this card will help you build your credit rating. And no, I have no affiliation with this company.… read more
Nov 20, 2018
Horrid Horrid Horrid !!!!
Omg run ... far and fast! My husband works out of the country I opened his card for him years ago to keep his credit score up he has made a phone call there several times over the years to let them know that I am authorized to pay and use this card… Today I am inquiring about a payment that I sent in there and be aware I’m not trying to buy anything I’m not trying to pull money I’m trying to give them money and they won’t give me the information about where the payment is that I sent in six days ago... I have been married 25 years to my husband and I have his power of attorney because he works out of the country I have bought a house I have bought a car and I pay all my bills that are in his name with this power of attorney the only 1 company that our power of attorney doesn’t work on this “credit one” we are so done here ! There are nothing more than a Capital One wannabe’s… read more
Omg run ... far and fast! My husband works out of the country I opened his card for him years ago to keep his credit score up he has made a phone call there several times over the years to let them know that I am authorized to pay and use this card… Today I am inquiring about a payment that I sent in there and be aware I’m not trying to buy anything I’m not trying to pull money I’m trying to give them money and they won’t give me the information about where the payment is that I sent in six days ago... I have been married 25 years to my husband and I have his power of attorney because he works out of the country I have bought a house I have bought a car and I pay all my bills that are in his name with this power of attorney the only 1 company that our power of attorney doesn’t work on this “credit one” we are so done here ! There are nothing more than a Capital One wannabe’s… read more
Nov 12, 2018
Get ready for a story because this is going to be a long one. Scroll to the end for the short version.
I’ve had my account with Credit One for a few years and I didn’t have any problems until earlier this year. Earlier this January, my card had a charge I did not make on it for around $400 USD at Lowe’s. I reported it in as normal, closed out the card, and requested a replacement. About a week or two later, my account was credited back the money and everything was fine.
After I received my tax returns at the end of February, I paid off the rest of my balance as I was trying to cut down my debts. In March, I noticed another charge of $400 dollars from Lowe’s again. I reported it in and got another card.
I called several times to check on the progress of the investigation on the charge and they kept insisting that “it can take up to 90 days for the investigation to conclude its findings”. At that point, I was fed up with the company and I requested to close my account. They wouldn't allow me to since I had that fraudulent charge balance on my account and that it was in investigation.
I also argued that I do not want to make these monthly payments on the card when I didn’t even make the charge. For one month, they voided the monthly payment. The following month, I requested that they do it again, since I haven’t used any of their credit cards after I got it replaced the second time in March (heck, I didn’t even activate it once I got it, just in case). I was told that it would be noted in the file that I wouldn’t have to pay. Needless to say, I got hit with a charge for not making a payment, and the minimum payment was increased. This continued with a lot of frustrated calls from me and them forcing me to pay the monthly payments (on a charge I didn’t make) or just have my credit score hit every time.
June eventually came around. I gave them over 90 days since they were taking forever, and I call them. It turns out that they had already finished the investigation but no one contacted me about the findings.
It turns out that I was being held responsible. After complaining to them how stupid it was for someone to pay for something that they aren’t even responsible for, I got around to asking on the details of the investigation. It turns out that someone local used my card number via chip and that is how they declined my claim. Unknowingly to them, that card number did not have a chip on the physical card. So I had to send my old card in to them to prove that I didn’t make the charge. Another 30 days later or so the amount is credited back to my account (FINALLY). I also found out that I could have closed out my account months ago which leads to my next problem.
During this whole time, I had been making minimum payments just to keep them away from my credit score but the late fee remained and monthly account fees were accumulating. The charge was also collecting interest. So when that $400 and some dollars was credited back, I only had around -$77 dollars in my account, meaning I did not get all the money I was paying back into the account which I shouldn’t have been paying in the first place!
I requested for them to undo and investigate the possibility of reimbursing me the interest gained from the fraudulent charge and I would just accept the monthly account fees (even though they didn’t tell me I could just close out the account to put an end to them).
Now, here we are. I haven’t received a call back from them and I didn’t call them until today, 11/12/18 (Life has been very busy for me). As I was trying to explain the situation to their representative, she kept saying “ok” in the middle of me talking. I ask if she was even listening, since she kept interrupting me with “ok”. She says she was, but I have my doubts. Fed up with this terrible company and its low quality reps (aside from the woman who helped me prove my innocence on the charge), I just said give me my $77 and I am done with your company. Once she confirmed that a check will be sent my way, I hung up the phone. Even though I lost money from all this, I’m just happy to be done with this crappy company.
***Bottom Line: Don’t get a card with these people. Their company is terrible. Their reps are useless and do not understand their own system (aside from one person). Their “investigations” are a joke and can’t even keep track if a card has a chip on it. Bring your business elsewhere and save yourself the stress and headaches.… read more
I’ve had my account with Credit One for a few years and I didn’t have any problems until earlier this year. Earlier this January, my card had a charge I did not make on it for around $400 USD at Lowe’s. I reported it in as normal, closed out the card, and requested a replacement. About a week or two later, my account was credited back the money and everything was fine.
After I received my tax returns at the end of February, I paid off the rest of my balance as I was trying to cut down my debts. In March, I noticed another charge of $400 dollars from Lowe’s again. I reported it in and got another card.
I called several times to check on the progress of the investigation on the charge and they kept insisting that “it can take up to 90 days for the investigation to conclude its findings”. At that point, I was fed up with the company and I requested to close my account. They wouldn't allow me to since I had that fraudulent charge balance on my account and that it was in investigation.
I also argued that I do not want to make these monthly payments on the card when I didn’t even make the charge. For one month, they voided the monthly payment. The following month, I requested that they do it again, since I haven’t used any of their credit cards after I got it replaced the second time in March (heck, I didn’t even activate it once I got it, just in case). I was told that it would be noted in the file that I wouldn’t have to pay. Needless to say, I got hit with a charge for not making a payment, and the minimum payment was increased. This continued with a lot of frustrated calls from me and them forcing me to pay the monthly payments (on a charge I didn’t make) or just have my credit score hit every time.
June eventually came around. I gave them over 90 days since they were taking forever, and I call them. It turns out that they had already finished the investigation but no one contacted me about the findings.
It turns out that I was being held responsible. After complaining to them how stupid it was for someone to pay for something that they aren’t even responsible for, I got around to asking on the details of the investigation. It turns out that someone local used my card number via chip and that is how they declined my claim. Unknowingly to them, that card number did not have a chip on the physical card. So I had to send my old card in to them to prove that I didn’t make the charge. Another 30 days later or so the amount is credited back to my account (FINALLY). I also found out that I could have closed out my account months ago which leads to my next problem.
During this whole time, I had been making minimum payments just to keep them away from my credit score but the late fee remained and monthly account fees were accumulating. The charge was also collecting interest. So when that $400 and some dollars was credited back, I only had around -$77 dollars in my account, meaning I did not get all the money I was paying back into the account which I shouldn’t have been paying in the first place!
I requested for them to undo and investigate the possibility of reimbursing me the interest gained from the fraudulent charge and I would just accept the monthly account fees (even though they didn’t tell me I could just close out the account to put an end to them).
Now, here we are. I haven’t received a call back from them and I didn’t call them until today, 11/12/18 (Life has been very busy for me). As I was trying to explain the situation to their representative, she kept saying “ok” in the middle of me talking. I ask if she was even listening, since she kept interrupting me with “ok”. She says she was, but I have my doubts. Fed up with this terrible company and its low quality reps (aside from the woman who helped me prove my innocence on the charge), I just said give me my $77 and I am done with your company. Once she confirmed that a check will be sent my way, I hung up the phone. Even though I lost money from all this, I’m just happy to be done with this crappy company.
***Bottom Line: Don’t get a card with these people. Their company is terrible. Their reps are useless and do not understand their own system (aside from one person). Their “investigations” are a joke and can’t even keep track if a card has a chip on it. Bring your business elsewhere and save yourself the stress and headaches.… read more
Nov 11, 2018
When I received the card, my credit score DECREASED by 20 points - the card was the ONLY change! Then, for the two months I had the card, I paid FIVE DAYS PRIOR to the due date and they posted four and five days past the due date and my credit was dinged again, both times! As a previous reviewer mentioned, they delay posting payments. STAY AWAY from this card!!
12/07/18
yes they do that. They did that to me for 2 months in a row when my payment was plenty early. they hit me with a late fee 3 times. I called them to close my account when it was at $150 I used(the remaining 150 was their fees) they refused to close my account and said it would be "investigated first". So I never heard anything from them but was served with a lawsuit from some junk debt buyer who bought my debt that is now $700. Im not backing down and I will fight them and the debt collector all the way to trial if I have too. I am going to make sure to cite some of these reviews if the court allows it. They are nothing more than a scam organization who thrives off of unjust fees. They make your payments late on purpose its all a big scam!!!… read more
Nov 06, 2018
They are ridiculous only charges on there is their annual fee no grace period on the payment not even 5 days like most companies have. They freeze the card even though they can see the payment is made but they are waiting 5 to 7 days before I can use the card because I don't want to pay them the extra $10,00 fee. When I called and asked if they are blocking the card because the payment was made on the 5th not the 1st the guy tells me no they are not blocking the card they are waiting 5 to 7 days for the payment to clear before funds will be available LOL thats the same as blocking the use of the card right, maybe they should speak the language. Anyway it was my first payment due 3 days before I get paid I didn't receive a statement mail or email. Now they have their fee and I don't even know if I want the card. I hope they get over it and yes the payment will be there before the due date from now on I just think they are stupid over $39.00 the rest of the available balance is not available.… read more
Oct 23, 2018
SCAM! SCAM! SCAM! ALERT!
If you don’t use the credit card and they are not making money out of it this bank charge you fake transactions Their fraud protection is a FRAUD. Don’t do business with them.
If you don’t use the credit card and they are not making money out of it this bank charge you fake transactions Their fraud protection is a FRAUD. Don’t do business with them.
Oct 14, 2018
I'm not the type to give ratings on anything but this is freaking ridiculous. I tried to make a payment over the phone but since I wasn't able to provide the routing number to my bank, despite the fact that I had already given them that information previously, they would not allow me to make a payment. I have 7 other credit cards, some of which are American Express, Capitol One, Citbank, and Chase, which allowed me much higher credit limits I might add, and not one single one of them requires me to tell them my banks routing number. I was able to give the last 4 digits of my account, whereas with all my other cards they will ask me if I would like to use my account ending in said last 4 numbers. They are also the only card provider that I have known that charges to make the payment available much sooner than if you one chose to make a regular payment rather than an express payment. I could go on and on about all the stupid excess charges and such but I haven't the time to do so. This card provider is driven purely by greed, plain and simple. If you are thinking about applying for this card, make sure you do your homework thoroughly! Rest assured, I will not make any more charges to this card and once I am able to pay it off it will be cancelled. That is if they don't find more ways to continue to rip me off and keep the account active. I will most certainly advise anyone, friend or foe, to avoid doing business with this company.… read more
10/25/18
You need to make it a habit to have that information in front of you before making the call. The credit card company doesn't keep check ABA/account numbers like that on file. Once they process the check and it clears, the information is purged from the system.
It's not Credit One's fault for your lack of info.
It's not Credit One's fault for your lack of info.
Oct 14, 2018
Have both cards. I have had no problem. Pay ahead of payments they have increased my limit within a year on one of them? Was leery at first about applying for theirs but, so glad I did. has helped my credit score. I always pay online never been charged any fee. Most companies now a days are charging for payments over the phone which I think is ridiculous ? Just another way of squeezing more out of you.… read more
Sep 27, 2018
I had this card made payments at one time. I had just made a payment in the amount of 400. Then I notice I had a balance of 6.46 I set up a payment. I realized I didn't have money in my bank account to cover the charge so I went to cancel the payment. With this company you can't cancel payments. So I guess the payment got returned the company closed my account of 6.46 then said I had an outstanding balance. This is crazy. I called the company. They stated that the account was closed and could not be reopened. Over 6.46.… read more
10/15/18
Credit card companies have every right to close your account without notice if they feel you can’t handle your money, it’s a loan, not a freebie. Not their fault you didn’t have the funds to pay your bill.
Sep 18, 2018
The worst card ever. They would call me at 8 am on s unday on the payment due date. When you pay for the card, it takes forever for the payment to be processed and you are not allowed to use the card for over a week. i tried to make a payment and they cancelled my card without notice. I am happier with my Visa and my masters from my bank, you don't need this card . Also, the cash back deals with my card from my bank are much better.… read more
Sep 04, 2018
Worst worst credit card. Is a scam stay away from Credit One Crdit card. Every time u make payment they charge u $9.00 every time u call u get different person and they tell u all different story. After being 1 hour wait ur not getting anywhere. Stay away from it.
10/04/18
No they do not charge you $9.00 every time you make a payment if you pay it by mail. If you are going go come here and tell stories at least tell the whole story with accurate facts
09/06/18
LOL that is for the express payment which hits your account same day. Regular payment is 3 business days. Your statement is misleading.
Aug 26, 2018
I applied for and got a Visa card from credit one. I noticed charges on my card and went to the website where someone entered a change of address and got a second card sent to them. I filed fraud charges and changed the address back to the correct address. They cancelled the card and sent me a new one. It took several months but I got my money back. Fast forward to a few months after this and they sent me a e-mail saying I qualified for a Mastercard and to go to the website and verify my information. I did and waited four weeks for my card. I received an e-mail saying I had activated my new card. I called Credit one and the representative kept repeating when did I move and what was my old address. I went on the website and saw that someone had gone in and changed my address once again. This website is not secure. Try another company like capital one if you are trying to get your credit score increased.… read more
10/04/18
Sounds like you are trying to scam the company so you do not have to pay the bill. Once maybe, twice, nope. Or you gave information to caffeine or family member and they are scamming both of you
09/06/18
I agree, sounds fishy....how does it happen twice? Did you change your password after the first time? Or is it someone you know doing it. Surely not the CC companies fault that you don't secure your password and personal info
09/06/18
Ya this one is fishy, you had to have given someone your account info or personal stuff lol
Aug 25, 2018
Sounds like a great opportunity to get my credit score up. I really did not want another card but I am seeing that credit scores and bankruptcy can hurt your insurance, especially homeowners. I am almost ready for discharge and your statements have given me a little hope.
Aug 21, 2018
I have had this card for 8 months. After 3 months they raised my credit limit from $300 to $550.. I have never had a problem with them. I, like many on here, don't like the annual fee but if I would have paid my bills in the past with other creditors I would have better credit to get a better card. I will continue to use them and I am grateful for them taking a chance on me.… read more
Aug 19, 2018
This is the most annoying card out there. They make it so hard to make your payments. I have the app and it takes a week to take the money out of my account. On top of that every other time I make a payment it requires “ verification “ another week long process where they make small deposit into my account and I have to confirm with them how much that was. Our use the same payment method every time why the hell should I have to verify every other time. I’ve never in my life had any other institution that I’m giving money to require something like that. I will be closing this card ASAP. Save yourself the headache and go with Merrick.… read more
Aug 19, 2018
They check your Credit Score and do a hard check about every 6 months they will increase your credit amount without notice if you qualify if you don't it will hurt your score too. They also charge you a fee which is $49 to increase the credit. Also If your Account has a Grace Period, your due date is at least 24 days after the close of each billing cycle and Interest will not be charged on any Purchases if your entire balance is paid by the Payment Due Date each month. For Accounts with no grace period, Interest is charged on Purchases from the posting date. All Accounts are charged Interest on Cash Advances from the posting date. Also avoid getting the Credit protection it is not worth the extra cost on your account. It could be a great card if they did away with some of these red flags.… read more
Aug 11, 2018
When no other financial banking institutions were approving me a credit card due to my history of delinquency of missed payments, closed accounts and credit age, and hard inquiries, Credit One Bank was the third one besides Discover Card and Capital One Bank that honored and approved my credit request for only $300 in 2014. It was unbelievable since it's a CREDIT REBUILDING CREDIT CARD! After 5-6 months of making ON-TIME MONTHLY PAYMENTS to Credit One Bank, I had received a credit limit increase fro free.
But the next eligible ones had fees attached to them which I didn't mind at as my credit limit was climbing to $450, $550, $750 and $950. When it reached $950, that's when I messed up and missed a few payments and went over-the-limit which negatively impact my credit scores that were going up. On top of that, COMPOUND INTEREST (interest on top of interest) was being added making it difficult to catch up bring my balances under $950 as I had MAXED my credit cards which is THE WORST THING ANYBODY CAN DO.
As usual, it takes about 4-5 business days for my payments to be posted on my account. But due to insufficient funds in my checking bank account, one payment was bounced back and charged for it. I received a statement letter warning me that my Credit One Bank will be closed the second time the fund is returned. By the time I was warned, the second payment was bounced back.
When I attempted to log in to my account on my smartphone, it was said that my ACCOUNT had been TEMPORARILY SUSPENDED and to call customer service at 1-877-825-3242. When I did call, I was informed about the warnings which troubled me a lot because I screwed up and lost such a GREAT CREDIT BUILDER CREDIT CARD which I'm still repaying every month since I can't afford to pay it in full yet.
The funny thing is, after I had just signed up for WalletHub, I kept noticing that I have a VERY GOOD APPROVAL ODDS with Credit One Bank Platinum Visa for Rebuilding Credit. LOL I've been so tempted to apply for it, but I already lost 2 points last week after a hard inquiry was done by LendUp for the Arrow Classic Visa card I applied for.
Although I was denied for Arrow Classic Visa Card by LendUp, LendUp suggested that I get educated on how to better improve my credit report history. And I did take its advice and became a Self-Lender on August 8th, 2018 by creating a CREDIT BUILDER ACCOUNT via https://www.SelfLender.com for $48 per month for the next 12 months which will be reported to the 3-credit bureaus and then build up my credit. It's a savings/CD account which build up customers's credit.
I never knew it existed until my denial for credit statement was displayed on the application processing screen last week. One bad thing happened, and a great thing is now happening! I would definitely recommend anyone here looking to improve his/her credit scores to create a Self-Lender Credit Builder Savings Account to change the game. It's a game changer!
In conclusion, I would rate Credit One Bank Visa Card as a 4-star review because it does what it's intended to do. It's just that I failed to keep my end of the deal by missing payments and maxing out my card. The reason the minus 1-star rating is for all the fees and late account closure notification to customers.… read more
But the next eligible ones had fees attached to them which I didn't mind at as my credit limit was climbing to $450, $550, $750 and $950. When it reached $950, that's when I messed up and missed a few payments and went over-the-limit which negatively impact my credit scores that were going up. On top of that, COMPOUND INTEREST (interest on top of interest) was being added making it difficult to catch up bring my balances under $950 as I had MAXED my credit cards which is THE WORST THING ANYBODY CAN DO.
As usual, it takes about 4-5 business days for my payments to be posted on my account. But due to insufficient funds in my checking bank account, one payment was bounced back and charged for it. I received a statement letter warning me that my Credit One Bank will be closed the second time the fund is returned. By the time I was warned, the second payment was bounced back.
When I attempted to log in to my account on my smartphone, it was said that my ACCOUNT had been TEMPORARILY SUSPENDED and to call customer service at 1-877-825-3242. When I did call, I was informed about the warnings which troubled me a lot because I screwed up and lost such a GREAT CREDIT BUILDER CREDIT CARD which I'm still repaying every month since I can't afford to pay it in full yet.
The funny thing is, after I had just signed up for WalletHub, I kept noticing that I have a VERY GOOD APPROVAL ODDS with Credit One Bank Platinum Visa for Rebuilding Credit. LOL I've been so tempted to apply for it, but I already lost 2 points last week after a hard inquiry was done by LendUp for the Arrow Classic Visa card I applied for.
Although I was denied for Arrow Classic Visa Card by LendUp, LendUp suggested that I get educated on how to better improve my credit report history. And I did take its advice and became a Self-Lender on August 8th, 2018 by creating a CREDIT BUILDER ACCOUNT via https://www.SelfLender.com for $48 per month for the next 12 months which will be reported to the 3-credit bureaus and then build up my credit. It's a savings/CD account which build up customers's credit.
I never knew it existed until my denial for credit statement was displayed on the application processing screen last week. One bad thing happened, and a great thing is now happening! I would definitely recommend anyone here looking to improve his/her credit scores to create a Self-Lender Credit Builder Savings Account to change the game. It's a game changer!
In conclusion, I would rate Credit One Bank Visa Card as a 4-star review because it does what it's intended to do. It's just that I failed to keep my end of the deal by missing payments and maxing out my card. The reason the minus 1-star rating is for all the fees and late account closure notification to customers.… read more
Jul 30, 2018
TERRIBLE! Stay away! DO NOT RUSH IT! This is hands down the WORST card out there. In the process of trying to buy a home, we had to wait over a week for them to fax (because they don't have the foresight to email) a current statement document letter to us. I had to call no less than 4 times because they didn't process the first request. Additionally in order to change my last name when I got married, they wanted me to mail a copy of my marriage licence or driver's license to a PO Box in Las Vegas?! Unless you want to be living in 1999, do yourself a favor and do not get this card. Also, the credit limit is terrible, and zero perks. Go to capital one.… read more
10/04/18
If you had to get a credit one card, you probably do not even qualify for a house as this is a card for BAD Credit in the first place
Jul 29, 2018
Credit one is very customer unfriendly if one person makes payments with multiple card accounts in the house you get locked out and the get charged a monthly fee for phone payments, plus onlne when had access could not schedule payments in advance. VERY POOR CUSTOMER RELATIONS WILL BE CANCELLING ALL CARDS, I WAS A CUSTOMER FOR YRS TILL THIS RECENT INCIDENT!!!!
Jul 20, 2018
I just had a question I rush into getting this card not really understanding what I was suppose to look for the card is in the mail to me I’d like to get out of they are charging me a annual fee 75 the first year then after 8.50 a month I was pnly told about the 75. After reading reviews I am so worried. What can do? Please help
08/02/18
Dont activate the card when you get it. They cant charge you if you dont activate it.
Jul 18, 2018
Awful customer service, Keep receiving offers "based on my good credit history with them" that I qualify for a credit limit increase of $150.00. For a fee of $24.95. Are you serious? Never mind the fact that onced charged you're going to be charged interest on the increase fee. Your line of increase just went into the negative.
Jul 16, 2018
It's an average "rebuild your credit" type card - nothing spectacular. I didn't care for the annual fees, however, and I highly recommend paying it off RUSH/STAT/ASAP and getting something better as soon as your numbers improve. I didn't care much for their customer service, either - it was hard to get someone and you spend a large amount of time on hold.
Jul 14, 2018
Warning worst card ever and rude operators and untruthful - they indicate no annuals then on your bill there are annual fees - tell you it is an activation fee then indicate annual fee on statement - card is a joke unless you are desperate for the card - run!!!! The operators are so rude - we are cutting up the card and have reported them to Chase who referred us to them and they are now on Chases - DO NOT SUGGEST LIST - worst card!!! Beware they also stated there are fees if you go over your limit - no warnings - just more fees - I have excellent credit - do not waste your time with this card.....… read more
Jul 11, 2018
All credit cards for bad credit have negative reviews but thats the price you pay. Most of the reviews are from people with bad credit who think they deserve better when they themselves are not responsible and delusional. I read the fine print before getting this card and I have to say this credit card has been good to me. The thing is CreditOne is very pro active on getting your credit score going up and compared to the more larger credit card companies i have used they don\'t do very well on reporting to all 3 credit bureaus, how bizarre is that. That said, CreditOne is one of the fewest for Bad Credit credit cards that offer at least some type of rewards like 1% cash back. Sure It\'s not the greatest but it definitely reduces the yearly fee when you use it right. I always pay less then 30% of my credit limit and i always pay it in full never monthly. Some people think it\'s better every month but thats not the best way due to the fact you\'ll pay interest with any type of credit card only if your very tight on budget.… read more
10/15/18
Finally, someone with common sense, people be asking for American Express benefits when really they are a first progress holder smh. Many need to learn to walk before they run smh.
Jul 05, 2018
My wife opened an account and didn’t see the fee associated with the card. When she got the bill she saw the fee. She called to cancel and was berated and chastised by the people on the phone. “Next time you should open your eyes” is an exact quote.
07/08/18
Fee glad i read your review first before I signed. I got great credit. I don’t need this bs glad for your help Man...
Jun 29, 2018
For what the card is meant for (rebuilding credit) I really have no issues and that\'s saying something when it comes to credit cards. Started with a $300 line of credit and have received 2 $250 increases since I got it last year. Online payments are easy and everything is right online. Use it, pay your bill and grow your score. It\'s worked for me. Obviously, this card is for a specific type of person and everyone should always do their due diligence.… read more
Jun 29, 2018
Honestly I\'m repairing my credit....as of today all three Fico scores are between 670is-710. Got this card simply because I\'m trying to increase my total credit limit which is now at 3000$...which isn\'t bad over the course of a few months lol. So far I\'ve had no issues with the card, I read all of the fine print so I know what to expect. Just got my first statement and there\'s no hidden fees no crazy charges or anything...literally it\'s exactly what I\'ve spent on it...the annual fee and like .2% internet charge if that lol. There\'s no monthly fee on here and I just paid my bill with no issues. It\'s not even due until the 17th of next month but I decided to pay it early for the heck of it. Went smoothly with no issues. Website is a little wonky but that\'s nothing to cry over. I\'m happy.… read more
Jun 23, 2018
The negative reviews on here are either from those that are incompetent of reading the details before applying for a card or they are from angry competitors. Here is my deal - I originally was checking my credit score on free credit report (dot com) and there was a suggested ad for this card. (Credit One) I will not lie, but I thought it was Capital One because of the close logo and name. Oops....there I go being incompetent of reading and paying attention. I will be honest again. I was approved for $400 and this is when I realized that I signed up with Credit One; not Capital One. I ran right to google and began reading reviews. I thought I for sure screwed up by doing this one. As it turns out, I have had this card now for 6 months and I have had ZERO (YES, ZERO) issues. I can use the app to pay my bill, view my transactions and connect with customer service if need be. I have never had any funky charges nor have I had anything negative. If you pay your bill ON TIME, you have nothing to worry about. If you do the rush payment, you will have a fee. This will allow you to pay a fee to get your funds sooner. Here is another issue. This is a credit rebuilding type of card. If you max out and need immediate funds and you want to cry about it, you probably should not have dug yourself into a financial hole to start with. This is NOT a bad card. If you want lower APR, no annual fees, no rush payment fees (etc etc), then fix your credit and pay for your needs in life with cash. Problem solved. If you are unable to do that, then this is an excellent card to get your butt back in gear.
Sincerely,
A HAPPY Credit One Customer… read more
Sincerely,
A HAPPY Credit One Customer… read more
Jun 23, 2018
If I could give negative stars I would these guys are a joke I had the card a week made my payment for the 75 in full it got returned as put in a debit card number instead of bank account then I do Express pay costs me 20 bucks but wtvr don\'t gotta worry about it this way I pay it comes out of my account they report I paid to CK and wallet hub them they close my account ( I was gonna close anyways after this Express pay B\\\'s) so I call him up and the guy argues for ten minutes that no money was taken from my account I them asked him why did my balance drop 75 and you report an on time payment he backpaddled and amazingly found my money them he has the nerve to say well good news I can reinsrltate your account and. 200 ci lmfao uhhhh no then we get into the money I paid I never used the card and they canceled I paid my payment on time I want my money well let\\\'s just say that I win gonna take 30 days to get a check run run far away from these crooks my buddy warned me I\\\'m like na I\\\'m Mr responsible these days no issues well these crooks set u up to fail takes a week or ten days to clear your account after you poat your parent or pay there crazy express fee and if you do it on Friday they won\\\'t accept tell Monday night there is much much better cards with capital one or Wells Fargo secured card there is much better options these guys have to high of a risk for me missing a payment damaging my credit I have worked so hard to rebuild RUN RUN RUN you well thank me later… read more
Jun 19, 2018
Hello everyone, I am new to this game of credit but I am trying to get a credit card with a score of 635 and it keeps going up because I keep my payments on time with Fingerhut. This company has been great to me and my credit. Do anyone have any more advice about a credit card? Never had this card before but wouldn't mind getting it if it is a good card to get with my credit score. I need some more advice first.… read more
11/20/18
I would highly recommend applying for Discover❗️I started out with a secured line of credit of $200. After 8 months, I was refunded my security deposit and I also received a $1800 credit limit increase. Not only do they offer cash back rewards, and points match after the first year but If you apply for any of Discover cards products and are approve using this code:
Become a Discover Cardmember and get a $50 Statement Credit with your 1st purchase within 3 months. https://refer.discover.com/s/ego65… read more
Become a Discover Cardmember and get a $50 Statement Credit with your 1st purchase within 3 months. https://refer.discover.com/s/ego65… read more
07/08/18
Sister Girl , don’t relie on any of these old Crackers .do your own homework yourself .one dude says yeah good other says no .we don’t know who is telling the truth . Don’t want to get into trouble like that one dude .about his bank account ,we don’t know the truth .i ahaha don’t know
06/29/18
I had a similar score to yours when I first applied. They gave me a lower limit at first and then increased it twice as I made timely payments. I've had no issues to far. It's really a great card for people trying to rebuild credit who can make payments on time.
Jun 05, 2018
If there is a balance Annual/Monthly membership Fees are assessed even after account is closed. When making payments always pay more than minimum, half goes to interest. With interest rates, fees, and balance you'll never pay it off. Don't do it!
06/12/18
Just utilize your credit responsibly and you would not make negative comments like that because of your own irresponsiblity.
Jun 04, 2018
The main website is fine but as soon as you log in your account will almost always crash when its time to pay! Sad they can't fix something so simple! A way to get extra changes from people? Wouldn't be surprised!
Jun 02, 2018
Good card if you’re desperate. You can never have a zero balance because they charge your monthly fee the day they report your balance. You’re charge interest on every purchase because they don’t offer a grace period. Everything has a fee for this card. You have to pay $20 when you get offered a credit limit increase. Positive note is that they consistently offer credit limit increases. I only use the card to increase my overall credit limits, only paying the monthly fee every month.… read more
May 18, 2018
I would give this card "5" Stars. It very simple and straightforward. The website is user friendly. I like the various credit card choices. Credit One reports to all "3" credit bureaus instantly. I received a CLI after 30 days.
May 12, 2018
Since getting their card my score has increased by at least 40 pts. I started off with a limit of 300.00 and after 6 months of monthly card use I was given a credit increase of 200.00. Now I\'m currently waiting on their platinum MasterCard with a beginning limit of 800.00.
May 11, 2018
I have been fortunate to not have some of the issues that other reviews have reflected. I do agree with the horrible customer service, and inconsistency of the representatives. I was told after 7 months of never being late and actually paying the account to a zero balance that I would have a CLI credit line increase in 72 hours. % days later I went into my account to see and nothing was there. When I called in the rep gave me another bs story and told me to wait 48 hours. Needless to say the reps are not trained and I am sure they're working from a call center overseas. Lying to your customers will always keep them coming back, (Sarcasm). If you can avoid this card and obtain a Capital One card, you should do so. I opened both accounts at the same time and Cap One has already given me 2 CLI's. Credit One is horrible, please avoid at all costs.… read more
Apr 27, 2018
They started billing me bills before I even active this card. I didn’t active this card but somehow I need to pay maintenance fee ? When I called they said I agreed to their terms when I applied a card really ? I didn’t have to sign anything neither was I explained anything yet I agreed to that ? From my understanding if I don’t active a card then I wouldn’t be able to use it therefor I won’t be billed. People don’t be careless like me. Apply your credit card with big banks.… read more
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Last updated on: November 6th, 2018 at 00:04
Editor's Pick
Credit One Bank® Platinum Visa® for Rebuilding Credit is an Editor's Pick for:
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Credit One Bank® Platinum Visa® for Rebuilding Credit is related to the following categories:
WalletHub is an independent comparison service.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. When you click "Apply Now" you will be directed to the offering institution's website. In addition, keep in mind that actual rates and other information may vary for a number of reasons including the applicant's' creditworthiness and differences between an individual's situation and the criteria/assumptions used to generate the information displayed. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
Ad Disclosure: Offers originating from paying advertisers are noted as “Sponsored” at the top of this page. Advertising may impact how and where offers appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Irrespective of whether an offering institution is a paid advertiser, the presence of offer information on WalletHub does not constitute a referral or endorsement of the institution by us or vice versa. Furthermore, offers have not been reviewed or approved by the offering institution. Information is displayed first and foremost to help consumers make better decisions.
Editorial and user-generated content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by the issuer. In addition, it is not issuer’s responsibility to ensure all posts and/or questions are answered.
Offer last updated: Nov 6th, 2018 at 00:04 ET