We would be enlightening readers through this article on how to make smarter financial decisions. We would provide you with accurate information on the best credit one card. However, note that some of the offers mentioned may have expired.
Credit One Bank is a technology-driven financial services company that is based in Las Vegas, Nevada. Founded in 1984, Credit One has grown from humble beginnings to become a prominent credit card issuer. However, unlike major players in the credit card industry such as Chase and American Express, Credit One Bank focuses most of its efforts on curating card options for consumers with limited credit histories, poor credit, or fair credit.
Best Credit One credit cards
Note: If you are in the market for a credit card and you are considering options from Credit One Bank, you should know that some cards from this issuer are geared to specific types of customers. The following table includes the best Credit One card options to consider:
|Card name||Credit score required||Annual fee||Best for|
|Credit One Bank® Unsecured Visa® for Rebuilding Credit||Rebuilding||$0 to $99||Bad credit|
|Credit One Bank American Express® Card||Average to excellent||$39||Fair credit|
|Credit One Bank® Platinum Rewards Visa with No Annual Fee||Average to excellent||$0||No annual fee|
|Credit One Bank® Platinum Rewards Visa||Average to excellent||$95||Reward|
|NASCAR® Credit Card from Credit One Bank®||Fair to excellent||$0 to $99||NASCAR fans|
The credit cards below are purchased to serve a specific purpose and care should be taken when deciding which to go for. With this in mind, you should think carefully before you choose one that suits your actual purpose.
Credit One Bank® Unsecured Visa® for Rebuilding Credit:
Best for bad credit
- Firstly, Earn an unlimited 1 percent cash back on all your purchases
- $0 to $99 annual fee, based on your creditworthiness
- Also, choose your payment due date
- Lastly, See if you prequalify online
Benefits and drawbacks: The Credit One Bank Unsecured Visa for Rebuilding Credit might be a good option for you if you want an unsecured credit card to rebuild credit, but your score is in poor shape.
Cardholder benefits include a free look at your Experian credit score on your monthly statement, access to a mobile app, and the ability to pick your payment due date. Your annual fee could be as high as $99 if you have bad credit, but you’ll be able to use your card to prove yourself and rebuild your credit score over time.
Credit One Bank American Express Card: Best for fair credit
- Firstly, Earn an unlimited 1 percent cash back on all your purchases.
- $39 annual fee.
- Also, Qualify for Amex Offers.
- Lastly, See if you prequalify online.
Benefits and drawbacks: The Credit One Bank American Express Card is geared to consumers with fair or average credit, which typically means any FICO score between 580 and 669.
You will pay an annual fee of $39 for this card, but you get the benefit of being approved and earning 1 percent cash back on all your purchases, as well as the opportunity to improve your credit score through responsible credit use.
Cardholder benefits you can receive include retail protection against damage or theft, a free look at your Experian credit score each month, travel accident insurance, and access to a mobile app. You also get the chance to apply Amex Offers to your credit card, which often includes special discounts or the chance to earn more points when you shop with a participating retailer.
Credit One Bank Platinum Rewards Visa with No Annual Fee:
Best for no annual fee
- Earn 2 percent cash back rewards on eligible gas and grocery purchases, as well as mobile phone, internet, cable, and satellite TV services
- No annual fee
- See if you prequalify online
Benefits and drawbacks: The Credit One Bank Platinum Rewards Visa with No Annual Fee is a solid option to consider if you anticipate spending a lot within the 2 percent back categories and have good or excellent credit. You won’t have to pay for the privilege of carrying this card, and you can also qualify for benefits like free access to the mobile app, your Experian credit score, and personalized notifications that help you track spending and monitor your bill.
One detail to note about this card is you earn 2 percent back on eligible purchases but won’t earn rewards on all your regular non-bonus spending. For that reason, this card shouldn’t be your first option if you hoped to earn rewards on every dollar you spend.
Credit One Bank Platinum Rewards Visa: Best for rewards
- Firstly, Earn 5 percent cash back on the first $5,000 of eligible gas, grocery, internet, cable, satellite TV, and mobile phone service purchases each year (then 1 percent)
- Also, earn 1 cash back on all other purchases
- $95 annual fee
- Lastly, See if you prequalify online
Benefits and drawbacks: The Credit One Bank Platinum Rewards Visa is the best rewards card option from Credit One Bank. Not only do you earn 5 percent cash back on the first $5,000 in eligible bonus category purchases each year (then 1 percent), but you also earn 1 percent back on everything else you buy.
A $95 annual fee applies, but you get a free look at your Experian credit score and access to the Credit One mobile banking app.
Like other Credit One Bank credit cards, you can prequalify online without a hard inquiry on your credit report.
NASCAR® Credit Card from Credit One Bank®: Best for NASCAR fans
- Firstly, Earn 2 percent cashback in NASCAR shop purchases and 1 percent back on eligible purchases
- $0 to $99 annual fee, based on creditworthiness
- Also, Access exclusive deals and discounts for NASCAR fans
- Lastly, See if you prequalify online
Benefits and drawbacks: The NASCAR® Credit Card from Credit One Bank® is ideal for NASCAR enthusiasts who spend a lot on NASCAR shops. This card lets you earn 2 percent cashback on NASCAR apparel and collectibles purchased directly, but you’ll also earn 1 percent back on eligible purchases.
You may be able to avoid paying an annual fee if you have good or excellent credit, but you could be stuck paying up to $99 per year if your credit is poor. Then again, this card does make it possible to get approved with imperfect credit, which is more than we can say for many of the top rewards credit cards on the market today.
Credit One Bank Contact Information
General correspondence with the bank should be sent to this address:
Credit One Bank
P.O. Box 98873
Las Vegas, NV 89193-8873
To contact Credit One Bank about a pending application, you should reach out using the following contact number: 1-800-752-5493
Can you get a credit line increase with Credit One Bank?
This a popular question asked by people but note that with Credit One Bank, you may start out with a smaller credit line than you’d prefer. However, you have the chance to change your limit over time. According to Credit One Bank, they’ll review your account regularly to see if you can qualify for a higher credit limit based on your usage.
Generally speaking, you can qualify for a higher credit limit by keeping your credit utilization on the lower side and paying your credit card bill early or on time each month.
How does Credit One report to the credit bureaus?
Just like other major credit card issuers, Credit One Bank reports your credit history to all three credit bureaus Experian, Equifax, and TransUnion. This gives you the chance to prove your creditworthiness and boost your credit score over time.
I am confident that with all this information presented to you above we could see that Credit One credit cards offers virtually any credit card to suit your needs and most importantly they are efficient.