Whew! I just closed my Credit One account, er, at least I'm pretty sure I did! The call quality was very scratchy once I was transferred to an Account Specialist. He kept pointing out that I had paid the $75 AF and it won't cost me anything to keep the card until May of next year. He offered me a $36 statement credit that would post within a few days, that I would be able to use with no obligation to Credit One. I didn't expect that one. I let him know that I had outgrown the card now that I have $12800 in credit, and that I wouldn't be using it with just a $600 SL. Did not offer me a CLI. Nope. Did not offer to waive the next AF. Nope. I finally heard him agree to close my account, yay!
Credit One has served its purpose, and I am happy to be free of knowing I will have to close it eventually. The only bummer is that it was actually my lowest APR at 20.15%, but without a substantial SL even that was useless. I feel like I've hit a major rebuilding milestone, and am ready to move forward! 
Thanks, Justagirl, you are too kind!
@Anonymous wrote:Whew! I just closed my Credit One account, er, at least I'm pretty sure I did! The call quality was very scratchy once I was transferred to an Account Specialist. He kept pointing out that I had paid the $75 AF and it won't cost me anything to keep the card until May of next year. He offered me a $36 statement credit that would post within a few days, that I would be able to use with no obligation to Credit One. I didn't expect that one. I let him know that I had outgrown the card now that I have $12800 in credit, and that I wouldn't be using it with just a $600 SL. Did not offer me a CLI. Nope. Did not offer to waive the next AF. Nope. I finally heard him agree to close my account, yay!
Credit One has served its purpose, and I am happy to be free of knowing I will have to close it eventually. The only bummer is that it was actually my lowest APR at 20.15%, but without a substantial SL even that was useless. I feel like I've hit a major rebuilding milestone, and am ready to move forward!
I just gave them the axe as well. Congratulations on your credit success!
Very Nice.. Congrats...
There is nothing more satisfying than calling a Subprime card issuer and cancelling the card because you dont NEED it anymore
@Anonymous wrote:Whew! I just closed my Credit One account, er, at least I'm pretty sure I did! The call quality was very scratchy once I was transferred to an Account Specialist. He kept pointing out that I had paid the $75 AF and it won't cost me anything to keep the card until May of next year. He offered me a $36 statement credit that would post within a few days, that I would be able to use with no obligation to Credit One. I didn't expect that one. I let him know that I had outgrown the card now that I have $12800 in credit, and that I wouldn't be using it with just a $600 SL. Did not offer me a CLI. Nope. Did not offer to waive the next AF. Nope. I finally heard him agree to close my account, yay!
Credit One has served its purpose, and I am happy to be free of knowing I will have to close it eventually. The only bummer is that it was actually my lowest APR at 20.15%, but without a substantial SL even that was useless. I feel like I've hit a major rebuilding milestone, and am ready to move forward!
Good job getting rid of one of the worst companies in the business. If you're rebuilding, I hope you're doing everything possible to PIF every month. The APR should not even be an issue. Keep an eye on your statements to make sure they don't try and pull a fast one on you and add some bogus charge. They are known to do that sort of thing when people try to escape their clutches.