Credit Score: 615 Credit Limit: 400 Age: 35-44

Posted 06/19 2017

I got this card 3 months ago. I started out with a $400 credit limit and was given an annual fee of $75 which was posted to my first bill. I paid that off and charged about $200 a month on the card. I always paid in full. Just a week ago, I got a $200 credit limit increase without asking. Can't complain about that. Having said that, I will still be only charging about $200 a month on the card.

I hope to cancel the card before the year is up because I do not want to pay the second year annual fee (which is $99 and paid over 12 months). I guess it will depend on where my score is and whether I can get a lower annual fee card or better still, a no annual fee card.

 

Credit Score: 610 Credit Limit: 300 Age: 25-34

Posted 06/12 2017

I have had this card for 8 months and I think I will definitely cancel it before the first year is up. I started with a $300 credit limit and unlike some other posters here, I have not managed to get a credit limit increase even though I requested one. I do carry a very small balance sometimes but I think I will be paying off the balance from now onwards and see if I could get a no annual fee store card. If I do, then I will close this card.

I do not like the annual fee, but I know I have bad credit. I checked with the bureaus and Credit One does report to all three. For rebuilding, this is an OK card.

 

Credit Score: 610 Credit Limit: 400 Age: 45-54

Posted 11/11 2016

Credit One is not the best card for rebuilding, but it is also far from the worst. If you look at the fees of other cards like First Premier, Total, Continental Finance, all of them charge higher annual fees and monthly fees and all have higher APRs. Credit One only charges an annual fee. I got mine with a $35 annual fee and a $400 limit. I was given an automatic CLI of $200 after 2 months!

There are some things that I do not like about this card. Firstly, mine has no grace period so I tend to pay after a charge has been made. But I also found out that Credit One will not allow more than 3 times a month. Once you have paid 3 times, you will have to wait until your statement arrives before you could pay off the rest of the balance. If you use the free payment, your funds will be on hold for about 4 days (from my experience).

Having said that, they do have a cash back program (though with the limits they give you it would not amount to much). They also give you a free EX score. While it is not advertised as a FICO score, the score Credit One has is identical to my EX FICO.

Best advice is to just charge one item to your card. In my case, I charge my hulu monthly bill to the card. Once it hits, I pay it off so at most, I incur a few cents of interest payments. Once your score improves and you have other no annual fee cards, then it is time to "cut the cord"!

 

Credit Score: 595 Credit Limit: 300 Age: 35-44

Posted 10/08 2016

I got approved for Credit One when no one else was willing to give me a chance. I knew my credit was bad, made sure I read the terms and conditions so that there would be no surprises.

My card had a $75 annual fee, $300 initial credit limit and a higher APR (can't remember). I just charged $20 a month on the card and paid in full. After six months or so, I started getting random credit line increases. My limit is now $600. Also, they do give you 1% cash back on gas. But there is no grace period so I made sure I paid immediately after the charges appear.

It's been over 2 years and my score is now in the 700s. I have capital one and recently a barclays. Once I got my Barclaycard, other offers from Chase, Discover and Amex started miraculously appearing. I have closed my credit one card. It is not the best card but it did serve it's purpose of helping me rebuild.

 

Credit Score: 589 Credit Limit: 300 Age: 45-54

Approved 1 year after Bankruptcy

Posted 09/28 2016

I got this card to rebuild my credit. The annual fee is $75 and I got a $300 limit. After using the card for a year, I got offered a $250 credit limit increase for $14.95. I accepted it and now my limit is $550. Into my second year, my annual fee is $99, which is paid monthly ($8.25).

The card is ok and my aim is to get a couple of no annual fee cards before I cancel this one. Hopefully, that would be soon. The only peeve I have with this card is that they have put my payments on hold for as long as 14 days. After a year or so, it got much better and now at max, the hold is 4 days.

 

Credit Score: 615 Credit Limit: 300 Age: 25-34

Posted 07/13 2015

This card is ok. I read the terms and conditions before I applied and was fully aware of the fees etc. I got approved for $300. My score has improved from using the card. The thing that does not impress me is their app. It is slow and I think could be more user friendly.

 

Credit Score: 612 Credit Limit: 300 Age: 25-34

Posted 06/06 2015

As far as fees go, this card is actually ok compared to other cards. But they really need to improve their website and app. There were some times where I could not login into my account to check my balance and score.