topic Re: credit one visa signature approved with 550 credit score in Credit Card Approvals

credit one visa signature approved with 550 credit score

creditgnome — Mon, 24 Mar 2025 22:20:56 GMT

credit one always shows me the love. been with them since 2015. easily one of the lowest scores to get a visa signature in the usa.

ck: 586, credit one 550

Number of Accounts35

Number of Open Accounts3

Inquiries10

Derogatory Items12

Number of Delinquencies12

Re: credit one visa signature approved with 550 credit score

CreditPoor — Mon, 24 Mar 2025 22:35:42 GMT

CreditOne should be ashamed of themselves. This is deceptive as generally Visa Signature cards have a minimum credit limit of $5,000

Having said that Congratulations on the approval. Hopefully you can build up your credit and dump Credit One they're bottom of the barrel

Re: credit one visa signature approved with 550 credit score

creditgnome — Mon, 24 Mar 2025 22:35:22 GMT

i would but they gave me no annual fee cards lol. too much love from them

Re: credit one visa signature approved with 550 credit score

Varsity_Lu — Tue, 25 Mar 2025 01:01:29 GMT

@CreditPoor wrote:
CreditOne should be ashamed of themselves. This is deceptive as generally Visa Signature cards have a minimum credit limit of $5,000

You sure about this? I have heard many people complain that they get a low starting limit with the Fidelity Rewards card. It's a signature Visa I believe.

Re: credit one visa signature approved with 550 credit score

dfwxjer — Tue, 25 Mar 2025 15:42:46 GMT

@creditgnome wrote:
i would but they gave me no annual fee cards lol. too much love from them

What's your credit goal with this card? Credit One is a subprime lender that, if used properly, can build one's credit to where they can get back on their feet. No one should stick with Credit One for 10+ years.

With those scores one should not be concerned with rewards, or what type of Visa card they get, and instead focus on extreme discipline to properly manage the new card and restore their credit.

Charge a tank of gas per month, then immediately PIF once the statement cuts. Use your debit card for everything else.

Re: credit one visa signature approved with 550 credit score

GZG — Tue, 25 Mar 2025 15:49:50 GMT

@CreditPoor wrote:
CreditOne should be ashamed of themselves. This is deceptive as generally Visa Signature cards have a minimum credit limit of $5,000

Having said that Congratulations on the approval. Hopefully you can build up your credit and dump Credit One they're bottom of the barrel

chase does this on the prime visa, wf does it on active cash and autograph, us bank does it on all of their cards

it's normal practice and not a firm rule unless the bank makes it so

Re: credit one visa signature approved with 550 credit score

AndySoCal — Tue, 25 Mar 2025 17:35:38 GMT

@creditgnome A suggestion I see you have 10 inquiries stopping fro at least a year if not two. Also, if you have the credit One card I think you have from the red edge on the card the. Card has $95 annual fee. You'll need to spend around $1900 just to break even on the card. The current credit limit you this will be a challenge.

Re: credit one visa signature approved with 550 credit score

cashorcharge — Tue, 25 Mar 2025 21:23:29 GMT

Nicely done!! Congratulations on your Approval!!👏🏼🍾🥂

Re: credit one visa signature approved with 550 credit score

creditgnome — Wed, 26 Mar 2025 14:44:53 GMT

ill be blunt. ive been testing algorithms for years. why would i care about improving my credit? what is the need. i see people getting approved with 700,800, 660 every day. where are the people with low scores getting approved? yes myfico can thank me lol.

i tell my people this. what is a bk? i even joke with them ill get a visa infinite at 600 based on my algorithm figures XD

Re: credit one visa signature approved with 550 credit score

creditgnome — Wed, 26 Mar 2025 14:46:46 GMT

thanks cash! good to see youre still in charge!

been a minute since ive been on here.

Re: credit one visa signature approved with 550 credit score

creditgnome — Wed, 26 Mar 2025 14:48:22 GMT

im simply testing algorithms and been doing so for 9 years. nobody cares about people getting approved with 800 credit scores to be honest. that is expected.

Re: credit one visa signature approved with 550 credit score

dfwxjer — Wed, 26 Mar 2025 15:22:05 GMT

@creditgnome wrote:
im simply testing algorithms and been doing so for 9 years. nobody cares about people getting approved with 800 credit scores to be honest. that is expected.

You're keeping your credit score in the 500s so you can "simply test algorithms"? Why are your scores staying in the 500s? Are you opening these $500 CL cards and then maxing them out? Not paying the bill and just letting them charge off?

I'll turn this around... why even worry about credit cards at all in your situation? They're not benefiting you at all. It seems you're just wasting your time on these subprime cards.

Re: credit one visa signature approved with 550 credit score

GZG — Wed, 26 Mar 2025 16:54:31 GMT

@dfwxjer wrote:
@creditgnome wrote:
im simply testing algorithms and been doing so for 9 years. nobody cares about people getting approved with 800 credit scores to be honest. that is expected.
You're keeping your credit score in the 500s so you can "simply test algorithms"? Why are your scores staying in the 500s? Are you opening these $500 CL cards and then maxing them out? Not paying the bill and just letting them charge off?

I'll turn this around... why even worry about credit cards at all in your situation? They're not benefiting you at all. It seems you're just wasting your time on these subprime cards.

he had a whole bunch of other cards he had recently opened over the last however long it has been, I'm sure the approval threads are still on the forum, I assume he's just letting them all charge off (again, his profile was dirty during his last spree of apps)

I think in the collective wisdom of Dave Ramsey, I don't think OP is a credit card person and should probably stick to debit

congrats!!

Re: credit one visa signature approved with 550 credit score

dfwxjer — Wed, 26 Mar 2025 16:27:53 GMT

@GZG wrote:
@dfwxjer wrote:
@creditgnome wrote:
im simply testing algorithms and been doing so for 9 years. nobody cares about people getting approved with 800 credit scores to be honest. that is expected.
You're keeping your credit score in the 500s so you can "simply test algorithms"? Why are your scores staying in the 500s? Are you opening these $500 CL cards and then maxing them out? Not paying the bill and just letting them charge off?

I'll turn this around... why even worry about credit cards at all in your situation? They're not benefiting you at all. It seems you're just wasting your time on these subprime cards.
he had a whole bunch of other cards he had recently opened over the last however long it has been, I'm sure the approval threads are still on the forum, I assume he's just letting them all charge off (again, his profile was dirty during his last spree of apps)

I think in the collective wisdom of Dave Ramsey, I don't think OP is a credit card person and should probably stick to debit

Probably just a troll account. Good to know

Re: credit one visa signature approved with 550 credit score

GZG — Wed, 26 Mar 2025 16:53:37 GMT

@dfwxjer wrote:
@GZG wrote:
@dfwxjer wrote:
@creditgnome wrote:
im simply testing algorithms and been doing so for 9 years. nobody cares about people getting approved with 800 credit scores to be honest. that is expected.
You're keeping your credit score in the 500s so you can "simply test algorithms"? Why are your scores staying in the 500s? Are you opening these $500 CL cards and then maxing them out? Not paying the bill and just letting them charge off?

I'll turn this around... why even worry about credit cards at all in your situation? They're not benefiting you at all. It seems you're just wasting your time on these subprime cards.
he had a whole bunch of other cards he had recently opened over the last however long it has been, I'm sure the approval threads are still on the forum, I assume he's just letting them all charge off (again, his profile was dirty during his last spree of apps)

I think in the collective wisdom of Dave Ramsey, I don't think OP is a credit card person and should probably stick to debit
Probably just a troll account. Good to know

I mean:

https://ficoforums.myfico.com/t5/Business-Credit/EXXONMOBIL-4-000-APPROVAL-NO-PG/td-p/6599426

https://ficoforums.myfico.com/t5/Business-Credit/another-spark-classic-approval-but-this-one-is-for-my-new-non/td-p/6639178

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/approved-for-synchrony-harbor-freight-500CL/td-p/6666122

https://ficoforums.myfico.com/t5/Business-Credit/Approved-7-11-commercial-fleet-MasterCard-4k-limit/m-p/6673505#M47176

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Another-roll-of-the-dice-Approved-for-Brightway-500-CL/td-p/6613456

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Finally-in-with-bank-of-america-customized-cash-rewards-500CL/td-p/6697451

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/target-red-card-approved-300-CL/td-p/6606825

https://ficoforums.myfico.com/t5/Business-Credit/and-the-gambling-continues-You-re-approved-for-a-Spark-Classic/td-p/6605786

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Dell-preferred-account-APPROVED-2000-CL/m-p/6596662

I'll stick with 'somebody who probably should be a debit card person'

Re: credit one visa signature approved with 550 credit score

dfwxjer — Wed, 26 Mar 2025 23:49:32 GMT

Dang that's unfortunate

Re: credit one visa signature approved with 550 credit score

bjaminkelley88 — Fri, 28 Mar 2025 14:52:09 GMT

If you can snag a no AF Credit One card, they are decent starter cards as long as you don't abuse them. But you should only use them to build yourself up to move on to a much better card from a better issuer. They are sub prime cards and I would never use one long term. But if you've had them for a decade and have a 550 CS, something else is going on.

They show love for anyone who is willing to pay fee's and interest.

Re: credit one visa signature approved with 550 credit score

creditgnome — Mon, 31 Mar 2025 19:16:47 GMT

tell that to lawyers who cant levy any account lol. been in this game way too long