An In-Depth Analysis of the Best Credit One Credit Cards
Credit One Bank American Express® credit card
- Annual fee: $39.
- APR range: 28.24% change.
- 0% Introductory APRs: none.
- Signup bonus: Not applicable.
- Reward: Unlimited 1% on all purchases.
- Other features: Get great deals on shopping, dining, travel and entertainment. Travel accident insurance.
Why the Credit One Bank American Express® credit card is great for travel and entertainment
The Credit One Bank American Express® credit card is designed for people with above-average credit. Improve your credit score while offering unlimited 1% cash back on all purchases and exclusive discounts on shopping, dining, travel and entertainment through American Express.
Why You Shouldn’t Consider the Credit One Bank American Express® Credit Card
Credit One Bank’s American Express® credit cards are designed for people with fair, good, and good credit. If you fall into the low credit category, you are unlikely to qualify for this card and should choose another card.
Credit One Bank® Platinum Visa®
- Annual fee: $39.
- APR range: 28.24% change.
- 0% Introductory APRs: none.
- Signup bonus: Not applicable.
- Reward: Get 1% cashback on telecommunications services like gas, groceries, mobile, internet, cable and satellite TV.
- Other features: Access your Experian credit score and credit report overview.
Why Choose Credit One Bank® Platinum Visa®? Good for cash back on groceries, gas and telecom services
Credit One Bank® Platinum Visa® also offers 1% cash back, but focuses on gas, groceries, cell phone service, Internet, and communications services such as cable and satellite TV. This is your chance to improve your credibility while using communication services at a little discount.
Reasons for not considering Credit One Bank® Platinum Visa®
First, if your credit score is low, you may not be eligible for this card. Designed for people with fair credit or better. Second, he may prefer a credit card that offers less restrictive cashback, such as 1% cashback on all purchases.
Credit One Bank® Platinum Rewards Visa® No Annual Fee Credit Card
- Annual fee: $0.
- APR range: 28.24% change.
- 0% Introductory APRs: none.
- Signup bonus: Not applicable.
- Reward: 2% cashback on purchases in select categories. Up to 10% cashback from merchants.
- Other features: Choose your monthly payment date. Access your Experian credit score and credit report overview.
Why the no annual fee Credit One Bank® Rewards Visa credit card is good for double cashback on select purchases with no annual fee
Fair or better credit required C.Edit One Bank® Rewards Visa with no annual fee credit card. But if you do, you’ll get enhanced rewards. First, you’ll get 2% cash back on your purchases in certain categories. These include gas stations, grocery stores, and telecommunications services. Plus, get up to 10% cash back on purchases at select merchants. And all with no annual fee.
Why You Shouldn’t Consider Credit One Bank® Rewards Visa, a No Annual Fee Credit Card
This is another credit one card that requires at least fair credit. If your credit score is low, you probably won’t qualify. However, you may prefer a general loyalty card that offers cash back on all purchases rather than a card that is limited to just gas, groceries, and telecom services.
Credit One Bank® Platinum X5 Visa® Credit Card
- Annual fee: $95.
- APR range:28.24% change.
- 0% Introductory APRs: none.
- Signup bonus: Not applicable.
- Reward: 5% cash back on your first $5,000 on gas, groceries and telecom services. Unlimited 1% cashback on all other purchases.
- Other features: Access your Experian credit score and credit report overview.
Why choose the Credit One Bank® Platinum X5 Visa credit card? Good for overall cashback rewards
The Credit One Bank® Platinum X5 Visa credit card is designed for people with above average credit and offers an amazingly generous cash back package. Earn an incredible 5% cash back on gas, groceries, and telecom service purchases totaling up to $5,000 annually. If you cap your purchases, it’s $250 a year.
After that, you’ll get unlimited 1% cash back on all other purchases. And you can do all of this while working to gradually improve your credit score.
Why You Shouldn’t Consider the Credit One Bank® Platinum X5 Visa Credit Card
Perhaps the only possible downside to this card is the annual fee. This is the upper limit of the Credit One credit card range. But if you can make the most of those 5% spending categories, the annual fee is worth paying anyway.
Should You Consider Credit One?
This is a tough call. Credit One’s products don’t offer very competitive terms, and the possibility of no grace period on the credit card is troubling. Additionally, these cards can have very high annual fees.
Credit One’s card, on the other hand, is not for those who can take most other credit cards. They are made for people with serious credit problems. Another kind of card that meets this need is the secure card.
summary
If you want to rebuild your credit at the lowest possible cost, a secure card is the way to go. However, if your credit score is low and you want to avoid paying a security deposit, you can also consider Credit One.
However, there are secure cards available that require as little as $49 as a refundable deposit, likely cheaper than Credit One’s non-refundable annual fee of up to $75, so most If so, it is better to apply for a secure card than an unsecured credit card. one. Understanding exactly what Credit One has to offer will help you make the best choice for your needs.