Credit One Credit Cards – for people trying to build their credit scores.

Credit One has many credit cards suitable for all people. Whatever category you fall in, credit one has a card for you. In this article, we will discuss the cards’ cashback rewards, APRs, and fees. You will also learn about the card that suits you. Credit cards are usually for people trying to build their credit scores. Let’s consider the cards;

Credit One Credit Cards

Vegas Golden Knights Credit Card

This card is for Vegas Golden Knights fans. The annual fee is $0-$99. However, it has special deals and discounts for Golden Knights fans. It has no cash-back bonus on Golden Knights purchases. They have one of several rewards programs.

Other features

  • Annual fee: $0-$95 intro fee, after that $0-$99 annual fee (billed monthly for some accounts)
  • Rewards (one of several rewards programs):
  • The score needed: Rebuilding to Excellent
  • APR: 17.99% – 23.99% Variable
  • Minimum credit line: $300 minimum credit line if you have a $95 annual fee, your credit line will be about $205)
  • 1% cash back rewards on eligible gas, groceries, mobile phone service, internet service, and cable.
  • 5% cash back rewards on eligible gas, groceries, mobile phone service, internet service, and cable and satellite TV services purchases for the first $5,000 per year, and then 1.0% thereafter. Plus 1.0% cash back rewards on all other purchases.
  • 1% cash back rewards on eligible purchases; or
  • 2% cash back rewards on eligible gas, groceries, mobile phone service, internet service, and cable and satellite TV services purchases; or
  • 1% cash back rewards on eligible gas, groceries, dining, mobile phone service, internet service, and cable and satellite TV services purchases.

Credit One card benefits

Cashback rewards

  • There is no security deposit required
  • Free credit score
  • All Credit One cards help you earn cashback rewards on your purchases. The rewards range from 1% cashback on some categories of purchases to 5% cashback on some categories of purchases and 1% back on everything else.
  • You don’t need any security deposit, so start building credit without money.
  • Cardholders can sign up for a free credit score service to view their credit score and credit report summary online.

Credit One Platinum Rewards Visa with No Annual Fee

Actually, Credit One Platinum Rewards Visa is the only card from Credit One with a $0 annual fee in its terms. It is best for consumers with average credit. You can earn rewards while building credit. Here, cardholders earn 2% cashback on shopping categories without paying an annual fee.

Features of the card:

  • You must have an Excellent/Good credit score before applying for the card.
  • 2% cashback rewards on eligible gas and grocery purchases as well as mobile phone, internet, cable, and satellite TV services.
  • Annual fee: $0
  • Minimum credit line: $300
  • APR: 23.99% Variable

Credit One Bank® Platinum Visa® with Cash Back Rewards

The Credit One Bank® Platinum Visa® with Cash Back Rewards has an annual fee. There is also a cashback rewards program. Cardholders earn 5% cashback on their first $5,000 in purchases each year from a variety of categories, including groceries. For those who spend $5,000 or more on groceries in a year, they get $250 in cashback before you hit the earnings cap. Also, they earn 1% cashback on other purchases. However, if you have good or excellent credit, go for the Blue Cash Preferred® Card from American Express.

Features of the card

  • The card is for people with an average to Excellent.
  •  5% cashback on first $5,000 of gas, grocery, mobile phone, internet, cable, and satellite TV purchases each year; 1% cashback on all other purchases.
  • Minimum credit line: $500
  • Annual fee: No Annual Fee
  • APR: 17.99% – 23.99% Variable.

Credit One Platinum Visa

The Credit one Platinum Visa card has $99 as its annual fee. It has less rewards program than some other credit one cards. Card holders only earn 1% cash back on a limited list of categories. The card best suits people trying to build their credit.

Other features of the card:

  • APR: 17.99% – 23.99% Variable
  • Annual fee: $99
  • The score needed: Average
  • Rewards: 1% cashback on eligible purchases: gas, grocery stores, mobile phone services, internet, cable and satellite TV.
  • Minimum credit line: $300

Credit One Bank American Express Card

This card has $39 as an annual fee with a starting credit limit of $500. Also, it has unlimited 1% cashback and travel benefits and purchase protections from American Express. You also have a 90-day coverage against theft and damage on eligible items.

Other features of the card:

  • APR: 23.99% variable
  • Rewards: Unlimited 1% cashback
  • Score needed: Average to Excellent

Credit One Bank® NASCAR® Visa® Credit Card

This card focuses on consumers trying to rebuild their credit. The annual fee is $0 to $99.  Also, it has 2 different rewards schemes depending on your credit history. With either of the programs, cardholders earn 2% cashback on NASCAR purchases. You will also enjoy exclusive deals, discounts and special experiences for NASCAR.

Other features:

  • Rewards (one of two programs):
  • APR: 17.99% to 23.99% Variable
  • 1% cashback on eligible gas and automotive purchases + 2% cash from the NASCAR Shop
  • Minimum credit line: $300 minimum credit line (reduced by annual fee that you are granted. E.g., if you have a $95 annual fee, your credit line will be about $205)
  • Annual fee: $0-$95 intro fee, after that $0-$99 annual fee (billed monthly for some accounts)
  • The score needed: Rebuilding to Excellent.

Reports to major credit bureaus

Credit one reports to all three major credit bureaus (Experian, TransUnion, and Equifax) each month, helping you to build a credit history.

Credit line increases

It reviews your account on a regular basis. Boost your credit line to improve your credit score.

Prequalify online

Credit One permits you to prequalify for all of its products online, with no hard pull to your credit. Potential cardholders can see whether they qualify for an offer, and what type of offer you may qualify for before you decide to apply.

Zero fraud liability

Always notify Credit One immediately of unauthorized charges, this saves you from paying those charges.

Pick your payment due date

For any card you choose, you can pick your own due date.

More Rewards program

Certain card holders can get 10% additional cashback when you opt in to special offers through Credit One’s More Rewards program.

How to make the most of your Credit One card

  • Avoid overspending.
  • Always pay in full monthly.
  • Spend with your card at least monthly, this will help you build your credit.

What to watch out for with Credit One cards

Watch out for the followings:

  • There is no grace period for cardholders in the lower credit ranges. Once you start making purchases, you start accruing interest on your charges.
  • There is low initial credit limit in the first month. Also, note that the card’s annual fee is automatically charged to your account and comes out of your credit limit for the first month.
  • A lot of Credit One cards charge an annual fee. The fee range from, $99 or less. Many cardholders are billed all at once; for others, the annual fee may be divided by 12 and billed monthly. Make sure you check the terms of the offer when you prequalify to see if you can afford the annual fee.
  • Credit One doesn’t explicitly say what type of rewards program you’ll get or what annual fee you’ll be paying for many of its products. Carefully review the terms and conditions on the Credit One site before applying.
  • Also, there is an optional credit protection program.it gives you an optional credit protection program on some of its products. For a fee of $0.96 for every $100 of your balance. In case you become disabled or unemployed, Credit One will help you make your payments.

FAQs about Credit One credit cards

What is the maximum credit line for Credit One?

The maximum credit line depends on the cardholder’s credit history. However, your initial credit limit will be at least $300 to $500.

Is Credit One bank legit?

Yes, Credit One bank is a legitimate bank located in Las Vegas. It was founded in 1984. At present, Credit One focuses on unsecured credit card products.

Is Credit One part of Capital One?

Not at all, Credit One has no affiliation with Capital One.

Does Credit One have a monthly fee?

Not exactly. Credit One doesn’t charge a monthly fee. However, in some of its cards annual fee is billed in monthly installments for some accounts. People who have higher credit score can qualify for a card with no annual fee but pay an annual fee up to $99.

Does Credit One help your credit score?

Yes! It can help you build your credit score. Credit One reports to all three major credit bureaus.

Is Credit One secured or unsecured?

All Credit One products are unsecured, which means you don’t have to put down a security deposit to open a card.

How often does Credit One give increases?

Credit One doesn’t say how often they give increases. However, they review your account on a regular basis for credit line increases.

Is Credit One a good credit card?

If you want an unsecured credit card to build credit, go for credit one card.

I hope you got value. Please keep your questions in the comment section.

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