Credit One Bank Visa offers cash back for purchases. It also offers a number of cards which are designed for people who have low or no credits, helping them to rebuild their credit.
Credit One was founded in 1984. They have more than 5,000,000 credit cards active. The company offers several cards, such as those that have no annual fee or ones that are specifically targeted for certain categories.
There are a few things to keep in mind when considering a credit one card, though. You should also consider the terms and conditions of the card, as well as how long you will have a grace-period and if interest is charged on new purchases.
The term "grace period" refers to the length of time that you have to make a payment before your card starts charging interest. You can find out if your card offers a grace period by calling Customer Service, but it's not always easy to tell from the card agreement.
The grace period that applies to new purchases will vary depending on which card you use, but generally speaking it means that interest is not charged until the billing date. Some cards don't provide this option and will begin charging interest on your purchase as soon it is posted to the account.
For this, you must call Customer Service and set it up. If you select this option, you will be able to pick a date six days either before or after your original due date.
Cash advance fees are another important factor to consider. Cash advance fees can vary widely between cards. Some have no or low fees, while others are higher. Some cards also charge foreign transaction fees which can make international purchases more expensive.
Credit One Bank Platinum X5 Visa has a low annual fee and a very attractive rewards structure. This card has a very attractive rewards structure and a low annual fee, but you must be sure that your spending habits will qualify for the bonus cash back rate offered by this card.
Check out Credit One’s website to see if you have been pre-approved before applying. Credit One's website will show you all the conditions and terms of the card if you have been pre-approved.
Credit One Bank Platinum Visa for Rebuilding Credit (designed for people with fair-to-poor credit) is the best one. It offers a low-limit credit and allows for periodic review of your credit limit.
The card gives a 1,000-point bonus for the first ninety days after the card is opened. These points can be redeemed for gift cards, statement credits or travel.