Is there a penalty fee for over withdrawal?
6
UpvotesReply
Gunther S
There isn't, because you can't take out more than your credit limit.
Credit One Bank® Platinum Visa®
Credit One Bank® Platinum Visa®
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Sponsored Card
Rewards8,575Reviews187Q&AContact
RewardsAPRWalletHub ReviewQ&ACustomer Reviews
Accepted Credit Scores
Accepted Credit Scores
Fair Credit
Annual Fee
$39
Rewards
Earn 1% cash back rewards on eligible gas, grocery purchases and mobile phone service, internet, cable and satellite TV services, terms apply
APR on Purchases
28.24% (V)
Balance Transfer
Balance Transfers Not Allowed
WalletHub Review
by John Kiernan
January 30th, 2023
Credit One Platinum Pros & Cons
Rewards on eligible purchases
Qualify with fair credit
Membership fees
High regular APR
Foreign fee
Credit One Platinum's Additional Info
| cash advance fee | $5/8%, whichever is greater (see terms) |
| cash advance APR | 28.24% (V) |
| foreign transaction fee | 3% or $1, whichever is greater |
| smart chip | Yes, chip-and-signature |
| max late fee | $39 |
| max overlimit fee | $0 |
| max penalty APR | None |
| grace period | 0 or 24 Days (see terms) |
With $0 Fraud Liability, you won’t be responsible for unauthorized charges
Automatic reviews for credit line increase opportunities
Free Online Credit Score and Credit Report summary, terms apply
Choose your monthly payment due date for added convenience, terms apply
Never miss an account update with customizable text and email alerts
Manage your account on-the-go with the Credit One Bank mobile app
Show off your personality by selecting from a variety of card designs, a fee may apply
Credit One Platinum Review FAQ
Can't find what you are looking for? Submit your question about Credit One Bank® Platinum Visa® to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card.
Most Popular
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Questions sort
How do I retrieve my credit card number?
6
UpvotesReply
Paul Gerber
You can just find that on the front of your card.
Does the Credit One Platinum have a grace period?
6
UpvotesReply
Cameron DiGiovanni
The Credit One Platinum may or may not have a grace period, depending on what the card terms say when an applicant gets pre-qualified. When the Credit One Platinum does have a grace period, it will be at least 24 days, lasting from the end of each billing cycle until...
Is the Credit One Platinum Visa Credit Card a charge card?
6
UpvotesReply
John Miller
No, the Credit One Platinum card is not a charge card, it is a regular credit card.
The main difference between a charge card and a traditional credit card is that charge cards don't allow you to carry a balance between months.
Both types of cards allow...
How do I reply to a credit line increase offer?
6
UpvotesReply
Tommy S Davidson
They didn't tell you with the offer? TBH, I don't know if would reply. There's a fee of up to $49, and there'll be another hard inquiry.
How much does it cost to add a Credit One Platinum authorized user?
6
UpvotesReply
Frieda Reiss
Each authorized user that you add to your Credit One Platinum account adds an additional $19 to your annual fee.
Keep in mind that the authorized users receive full access to your account's credit line but are not legally responsible for payments. That's why only the primary account holder...
How much is the Credit One Platinum application fee?
5
UpvotesReply
Barry Keefe
The Credit One Platinum does not have an application fee, but you will be charged a $39 annual fee, depending on your specific cardmember agreement.
Does Credit One Platinum do a hard pull?
5
UpvotesReply
How much is the Credit One Platinum minimum payment?
5
UpvotesReply
Sebi Mitchell
The Credit One Platinum credit card minimum payment is $30 or 5% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If your balance is less than $30, the entire amount is the minimum payment. Note that if you recently missed a payment, Credit One...
How long do I have to wait to use my Credit One Bank card after I activate it?
5
UpvotesReply
Josh Bradster
Your new Credit One credit card will be ready to use immediately after activation.
View more answers
Compare The Credit One Platinum
Purchase Intro APRNot Offered
Purchase Intro APRNot Offered
Purchase Intro APRNot Offered
Transfer Intro APRNot Offered
Transfer Intro APRNot Offered
Transfer Intro APRNot Offered
Regular APR28.24% (V)
Regular APR14.99% - 29.99%
Regular APR17.24% - 31.24% (V)
Rewards Rate0 - 1% Cash Back
Rewards Rate1 - 3% Cash Back
Rewards Rate1 - 1.5% Cash Back
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Credit One Platinum Video Review
Credit One Platinum Reviews
Share your insights and review the Credit One Bank® Platinum Visa®
3.3
8,575 reviews
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5 Star Rating
Verified CustomerCredit One started me out with 500 limit. I like this card & it's easy to use app. First card I've received with cash back rewards.
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5 Star Rating
Verified CustomerI started with a 550 score in May due to careless credit use when I was younger. I started a Self account at $35/month for 24 months and within a few months was able to get a secured card through them.
This September, I was offered a card by Credit One and I opened it. They gave me an initial line of $500. Yes, the fees were high but WAY lower than a secured card would cost and this was the only one who offered me a decent amount of credit with rewards. Then yesterday I got an increase to $650 without even asking. So a month and half I had the card and already they decided to give me yet another chance. Is it perfect? No. But if you have poor/fair credit beggars can’t be choosers.
This September, I was offered a card by Credit One and I opened it. They gave me an initial line of $500. Yes, the fees were high but WAY lower than a secured card would cost and this was the only one who offered me a decent amount of credit with rewards. Then yesterday I got an increase to $650 without even asking. So a month and half I had the card and already they decided to give me yet another chance. Is it perfect? No. But if you have poor/fair credit beggars can’t be choosers.
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4 Star Rating
Verified CustomerNot the nest card out there, but if you are like I once was, then it's good to get started with. Just received my first credit line increase!
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2 Star Rating
Verified CustomerFiled chapter 7. Got this card to rebuild credit. $300 credit line given. Had for 1 year. I use about $250 worth of credit every 2 months and pay it off before next billing cycle. I’ve asked for credit line increases twice, one at 6 months, then another at my year mark since opening the card. Denied credit line increase. Not worth it. I will never use this card. I opened a Capital One card 9 months after my bankruptcy. Had it for less than 1 year. Already 2 credit line increase and I didn’t have to ask! If you want to rebuild credit faster, go with Capital One!
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3 Star Rating
It was helpful to be approved with a low credit score after a bankruptcy, however, this company does not care to give you a good experience; I had a company charge $30 without my authorization, the company took a while to reverse the charge and they would not block further charges, I had to go to the merchant and ask them to remove my card from the file.
When you make a purchase it takes several days to post, the same goes for balance payments; in order for balance payments to process, the same day and you have to pay a fee.
If you are looking for a card you can use regularly to pay bills this isn't it.
This company prays on people who are desperate to increase their credit score. Word of advice, if you can use a different company if you must use them be very diligent and vigilant to make sure you don't waste your money on the interest rate (its high).
When you make a purchase it takes several days to post, the same goes for balance payments; in order for balance payments to process, the same day and you have to pay a fee.
If you are looking for a card you can use regularly to pay bills this isn't it.
This company prays on people who are desperate to increase their credit score. Word of advice, if you can use a different company if you must use them be very diligent and vigilant to make sure you don't waste your money on the interest rate (its high).
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3 Star Rating
Verified CustomerGood card to build your credit...
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4 Star Rating
Verified CustomerIt has been a good card and they gave me an unsecured card before anyone else would and my credit is on the rise just be sure to not use the whole card because your credit will drop a lot of your credit utilization is high. I found out the hard way even though I pay it off at the beginning of the month my score still drops a lot and it’s not updated that quick but in all they have been good to me and they monitor my credit and help stay on top of everything all on their mobile app !
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4 Star Rating
Verified CustomerGreat starter card to build credit. Pay on time, do not max out your card and pay more than the required payment. Good and fair company to start credit with.
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4 Star Rating
Verified CustomerThey are a good card. Just like any other you have to pay them on time and keep your credit usage below 30%. The only thing I hate is that they offer no online chat help. The real nice thing is the instant payment where the credit is instantly applied for a small fee.
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1 Star Rating
Verified CustomerThis is a credit rebuilding card. The higher usage this month was based on my son not working and using the card to pay car registration and medical bills
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Review Credit One Bank® Platinum Visa®
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Offer last updated: Jan 30th, 2023 at 17:02 ET