Let me say this yes i was happy someone gave me a second chance after my bankruptcy. ![]() If you need a card and your credit rating is not the best but at least over 450, you might get this card. So, unfortunately it was partly my fault. When ill, I thought I had made my payment. I am disabled and am alerted on my phone so I won’t be late. I will call and try and see if they will reimburse me the $25 since I was seriously ill and unable to do anything. I have been ill for 10 days and I just made my first late payment on any of my credit cards in over two years! I was charged 25$. So that’s why I give them 4 stars and not 5. ![]() And I did get money returned to me immediately when a hotel double billed me. The card was available when I needed it so I give it some credit. Which it does because I have used it twice and the charge is over 5$ but less then 10$. I do not understand why, unless using the express payment makes them some extra money. Not because the interest rate really, it’s puzzling to me why a standard payment online takes one week to show up on my account. The goal should be to get out as soon as possible.īesides the interest rate being too high, and I have never missed a payment on any of my accounts in over two years, this is not my favorite card. If one is going to use this card because its the only thing available to them, one will have to very careful and watchful as to how the card affects their credit. Credit One is not the best card for rebuilding credit. That small balance does have an impact on your credit especially when you are dealing with creditors who are looking at your credit file very critically either because of pass history or the reason for which you are applying for credit. So practically, it doesn’t matter how well you pay your balance in full on time, your credit file will always show a balance from Credit One. The monthly fee for using the card which you can not pay in advance at the time you are paying off your balance is charge on the first day of the billing cycle which is the very same day that they update your credit report. For example if you pay off the full balance on your account hoping to see a zero balance on your credit file, you are wrong. However the way this bank operates suggest to me that they have a vested interest in keeping you credit score down. Now when you log out of CreditOneBank the finger print reader doesn’t auto launch itself so that when you touch the home button to close CreditOneBank, you don’t accidentally log back in to CreditOneBank. I seriously don’t like that because it negatively impacts my score. I don’t think about it until it’s too late sometimes. This is the only bill I have not set up on auto pay and as a result have been late a few times because I don’t get any notifications and all my other bills are paid automatically. I really don’t like that there is no auto pay option. I got tired of paying $10 for every payment. That’s they whole reason I got CreditOneBank. But it’s nice and easy to make a payment. It should show like a bank account does: transaction -/+$xx, then resulting balance $xx. But I don’t like the way it lists the transactions. And if it wouldn’t negatively impact my score I would’ve cancelled it. These are why I don’t really use the card much. I just wish that as your score improved they would change other factors such as removing the annual fee and the fee to make a payment. But the interest rate did drop 10% over the last few years as my credit worthiness improved bringing it in line with my capital one card. ![]() I understand the risk involved on their side, so fees and high interest rates are necessary. I got this card 5 years ago to rebuild my credit after a charge off when no one else would give me credit, and for that I am forever grateful. Receive alerts if fraudulent activity is suspected on your account. Get notified when rewards and exclusive credit card offers are available Set up notifications for important account activity, payment reminders, and special offers Choose how you get alerts, including mobile notifications, email, and text Full list of frequently asked questions and answers Chat feature for instant answers to your questions Easy access to Help & Support contact information View the latest offers and More Cash Back Rewards on purchases at participating merchants Enroll in paperless documents and statements Manage your profile and account settings Access your Free Online Experian Credit Score Check your balance and available credit, and view recent transactions or monthly statements Schedule, edit, or cancel one-time payments Quick View to see a snapshot of your account without signing in Fast and secure sign-in with Face ID and Touch ID
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