The Credit One Bank Credit Card is a Visa card for people with bad credit. This Visa card was created to give you an opportunity to build credit on your credit reports. The Credit One Bank Credit Card will report monthly to all three of the major credit bureaus.
If you keep your account in good standing and pay your monthly bill on time. Then you will create a new positive listing on your credit reports. This should help to improve your credit score.
How Does The Credit One Bank Credit Card Work?
First, you will need to apply online by visiting https://www.creditonebank.com/. There is an easy application process. And you will be approved within 60 seconds of completing your online application. According to reports the average credit score for cardholders is between 550 – 650.
Fees For The Credit One Bank Credit Card
There is a $75 annual fee for the first year. After that the annual fee will increase to $99, this will be billed monthly at $8.25. There is a high annual percentage rate of 23.9% and this APR will vary it is based on the prime rate. These fees may sound like a lot. However if you have a low credit score and are looking for credit cards for rebuilding credit the price may be worth it.
Credit One Bank Credit Card
With the Credit One Bank Credit Card, you will get an initial credit line starting at $300 up to $500. Your credit card account will be automatically considered for regular credit line increases. We assume that with responsible use you would be granted increases in your credit line. In other words, your credit line should increase if you are paying your bill on time every month.
The Credit One Bank Credit Card is going to report your account information, every month to all three of the major credit bureaus. You will get a free online credit score tracking tool. This can help you keep track of your credit rating.
Your Credit One Bank Credit Card will be covered under a $0 Visa Liability Policy. This will protect you from any unauthorized charges if your credit card is ever lost or stolen. You also get auto rental collision damage waiver. And free travel accident insurance.
Where Is The Credit One Bank Visa Credit Card Accepted?
You can use your Credit One Bank Visa Credit Card everywhere you see the Visa logo displayed. This includes millions of locations located both in the United States and overseas. The Credit One Bank is headquartered in Las Vegas, Nevada. They are a member of the FDIC.
If you are suffering from a bad credit score? You may want to consider applying for the Credit One Bank Credit Card. It is proved to be an effective credit building credit card. Additionally your credit score will benefit from removing questionable information on your credit reports.
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