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Credit One Bank Credit Card Offers
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- Annual Fee $39
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Welcome OfferN/A
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Rewards Rate1% cash back
- Credit Needed Fair / Good
OFFER VALUATION
Our valuation is an estimate only, based on LendingTree's analysis of average consumer spending habits using data provided by the Bureau of Labor Statistics and each card's unique rewards system. Actual results may vary.
Note that monthly estimates only apply to usage across the first year. Monthly estimates may change after the first year.
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Est. Intro Rewards
$0
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Est. Monthly Rewards
$16
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Est. First Year Rewards
$192
The Bottom Line
The Credit One Bank® Platinum Visa® offers a necessary stepping stone for those aiming to improve their credit score, with its credit-building features and the bonus of earning cash back on purchases being quite appealing. However, the combination of a high annual fee and a steep APR means that one must be quite strategic and disciplined in managing balances to ensure the costs don't overshadow the benefits.
Our Take
The Good
The Credit One Bank® Platinum Visa® is designed for individuals looking to build or rebuild their credit, offering automatic account reviews for credit line increases and reporting to the three major credit bureaus, which can aid in improving credit scores over time. It also provides cash back rewards on eligible purchases, adding a layer of incentive for responsible card usage.
The Not So Good
The card comes with a high annual fee that varies by account, and its APR is considerably high, which can offset the rewards earned and make carrying a balance expensive. Additionally, its cash back rewards program is relatively modest compared to other cards in the market, potentially limiting the card's overall value for users.
Card Details
- Earn 1% cash back rewards on eligible gas, grocery purchases and mobile phone service, internet, cable and satellite TV services, terms apply
- 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
- Annual Fee $75 for the first year. After that, $99 annually ($8.25 per month)
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Welcome OfferN/A
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Rewards Rate1% cash back
- Credit Needed Poor / Fair
OFFER VALUATION
Our valuation is an estimate only, based on LendingTree's analysis of average consumer spending habits using data provided by the Bureau of Labor Statistics and each card's unique rewards system. Actual results may vary.
Note that monthly estimates only apply to usage across the first year. Monthly estimates may change after the first year.
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Est. Intro Rewards
$200
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Est. Monthly Rewards
$16
-
Est. First Year Rewards
$392
The Bottom Line
The Credit One Bank® Platinum Visa® for Rebuilding Credit is a decent option for those in the midst of rebuilding their credit, offering the necessary features like reporting to credit bureaus and the perk of cash back rewards. Nevertheless, the high annual fee and APR are considerable drawbacks, making it imperative for users to meticulously manage their spending and balances to truly benefit from its credit-building potential without incurring unnecessary costs.
Our Take
The Good
The Credit One Bank® Platinum Visa® for Rebuilding Credit provides an accessible credit option for individuals with less-than-ideal credit histories, offering automatic review for credit line increases and reporting to the three major credit bureaus, which are essential steps in improving credit scores.
The Not So Good
This card comes with a high annual fee that can significantly reduce its cost-effectiveness for those already managing tight financial situations. Furthermore, its relatively high APR could make carrying a balance quite expensive, potentially complicating the credit rebuilding process for individuals who are unable to pay off their balances in full each month.
Card Details
- See if you Pre-Qualify without harming your credit score
- Earn 1% cash back rewards on eligible gas, grocery purchases and mobile phone service, internet, cable and satellite TV services, terms apply
- With $0 Fraud Liability, you won’t be responsible for unauthorized charges
- Automatic reviews for credit line increase opportunities
- Looking to rebuild credit? We report to the major credit bureaus monthly
- Free Online Credit Score and Credit Report summary, terms apply
- This unsecured card requires no deposit and can help build your credit
- 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
*General Disclaimer: See the online credit card application for details about terms and conditions. We make every effort to maintain accurate information. However, all credit card information is presented without warranty. To confirm terms and conditions, click the "Apply Now" button and review info on the secure credit card terms page.
Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.