topic Re: CREDIT ONE in Credit Cards

CREDIT ONE

Anonymous — Thu, 19 Jan 2017 06:08:03 GMT

DOES ANYONE HAVE ANY SIGNIFICANT CL WITH THESE GUYS? They seem very conservative...cheap,,stingy whatever fits

Re: CREDIT ONE

Anonymous — Thu, 19 Jan 2017 06:12:41 GMT

Credit One is evil, and must be destroyed

Re: CREDIT ONE

Anonymous — Thu, 19 Jan 2017 08:03:10 GMT

They are for rebuilders (and yes an awful company) so I doubt there is much hope of a decent CLs with them. The highest I think I've ever seen was 2K

Re: CREDIT ONE

Anonymous — Thu, 19 Jan 2017 10:08:35 GMT

If you have this beloved card, you should get it in the trash can as quickly as possible. You will never see the light of day.

Re: CREDIT ONE

Anonymous — Thu, 19 Jan 2017 15:56:01 GMT

They're horrible! And I have never seen a high CL with them. Run away from them as quickly as you can!

Re: CREDIT ONE

Anonymous — Thu, 19 Jan 2017 16:50:40 GMT

I've had them for over a yr..not one problem..2 CL increase...not much tho..250 a wack, but something better than nothing...I've never had any problems or issues with them.

Re: CREDIT ONE

DeeBee78 — Thu, 19 Jan 2017 18:52:28 GMT

@Anonymous wrote:
DOES ANYONE HAVE ANY SIGNIFICANT CL WITH THESE GUYS? They seem very conservative...cheap,,stingy whatever fits

I've heard it maxes out at $1,500, but there are some reports in the credit pulls databases of larger limits. I don't trust those reports though.

Personally, mine was at $800 when I closed it. They offered everything under the sun for me to keep it open, but as soon as my QS limit was high enough to make up for the lost credit, I closed it.

Re: CREDIT ONE

Discover2016 — Thu, 19 Jan 2017 19:00:52 GMT

@Anonymous wrote:
I've had them for over a yr..not one problem..2 CL increase...not much tho..250 a wack, but something better than nothing...I've never had any problems or issues with them.

Honestly if you have had it for a year you should qualify for a better card, BofA secured or Citi. The main issue with Credit One is that sometimes they (intentional or not) like to play the payment didn't go through game, I just don't trust them.

Re: CREDIT ONE

Anonymous — Thu, 19 Jan 2017 19:35:46 GMT

I have several other cards...Merril Lynch..Amex BCP...Fairmont...IHG...Discover..etc...It does not hurt anything being active, I use it often on amall things just for the line, age etc.....It aint broke so I aint fixen..

Re: CREDIT ONE

kidink1911 — Thu, 19 Jan 2017 20:53:21 GMT

Sorry to say but Credit One ONLY GIVES CLI EVERY 6 Months-- I've been with Credit One for about 6 months with a $450 CL-- I think that's just how they operate.

CSP- $8,000***Barclays Jetblue MC- $5,000***Cap One QS- $3,550***Synchrony Walmart MC- $2,400***BOA Travel Rewards- $2,000***BP- $600***CF- $500***Credit One- $450***Milestone- $300

Re: CREDIT ONE

Anonymous — Thu, 19 Jan 2017 22:53:25 GMT

@Anonymous wrote:
I have several other cards...Merril Lynch..Amex BCP...Fairmont...IHG...Discover..etc...It does not hurt anything being active, I use it often on amall things just for the line, age etc.....It aint broke so I aint fixen..

With great cards like you have, I'm not sure why you'd keep it open unless it's the fee-free one. It'll still stay on the reports for 10 years. Why get nickle and dimed to death in fees when you've got a profile that obviously supports much better lines with reputable banks, especially since it's never going to grow like the others?

Not judging btw...there's just a good reason why most of the board recoils in horror when someone talks about Credit One.

Re: CREDIT ONE

Anonymous — Thu, 19 Jan 2017 23:04:47 GMT

I had a $700 limit when I closed them just this month. I didn't have any problems with them always PIF but once I got better cards there was just no point paying the AF monthly to them. CapOne Plat is the only one with an AF now. I really hate AF's! Didn't hurt my credit at all closing them.

Re: CREDIT ONE

Anonymous — Fri, 20 Jan 2017 01:36:36 GMT

Today I did what CAP1 calls combining cards..I had 2 platinum cards....called and I closed 1 allowing CL to migrate over to other card,,,now 1 5k limit vs 2 2500...60 days im apping 4 Venture card

Re: CREDIT ONE

JayRizzo — Fri, 20 Jan 2017 07:15:13 GMT

For those who may have seen limits greater than $1500, your eyes have not decieved you. Credit One Bank used to be First National Bank of Marin back in the early 2000's where their only product was a Gold Visa that had a cap of $2500. After the name change and financial fiasco of 2008-2009, most all banks became extremely conservative. Those banks whom we're giving praise today for their great rewards and incentives were the main ones raising sky-high interest rates, cutting limits, and even closing accounts to protect themselves... but, back to the topic, Credit One Bank put their old Gold card out to pasture and introduced their Platinum product around 2010. Unfortunately, the cap on the new product is only $1500 as they cater to those with less than perfect credit with an expectation of higher than normal default rate, therefore, you'll never see 5-10k products with that company.

Re: CREDIT ONE

23matched — Sat, 21 Jan 2017 00:14:11 GMT

I had a 2k limit with them but they nicke and dime you on CLIs. $24.95 for $150, $19.95 for $150, then if you ignore them it moves to $19.95 or $200......Closed them but if someone needs to start out, it's ok. However, you cannot select your payment date, payments are processed the same day but your account balance will not reflect this for 7-10 days. I suppose they are not flexible with payment days in hope customers will incur a late charge.

Re: CREDIT ONE

Anonymous — Wed, 01 Feb 2017 05:54:21 GMT

I have a $1750 limit on mine. Going to close very soon.

Re: CREDIT ONE

Anonymous — Sat, 04 Feb 2017 21:04:13 GMT

I have been a lurker here for the last year and I am trying to clean up my credit. I actually searched for "credit one GW" and this thread came up. I have 1 30 day late with them and I was trying to see if anyone has had any luck.

Anyhow, I have a $2500 CL with them. I have had the account for almost 5 years now. It started off small, but it has grown over the years. It took awhile, but it did. It is currently my highest CL, and while the terms are crummy, I don't want to close it. I know I am probably in the minority, but It has been good to me.

Re: CREDIT ONE

Anonymous — Sat, 04 Feb 2017 21:07:57 GMT

Honestly this was a great starter card 2 years ago I never had issues. But once you establish history like 6 months you should move on to another/better credit card. Then close it before the next AF.

Re: CREDIT ONE

Anonymous — Sun, 05 Feb 2017 13:17:49 GMT

@Anonymous wrote:
DOES ANYONE HAVE ANY SIGNIFICANT CL WITH THESE GUYS? They seem very conservative...cheap,,stingy whatever fits

This is actually a rebuilder card. I had it for 2 years and went from 500 to 1200 and after that tthey didn't budge. By that time though I had already aquired better cards so I promptly closed the account(with pleasure).

Re: CREDIT ONE

Anonymous — Sun, 05 Feb 2017 12:41:13 GMT

@Anonymous wrote:
I have been a lurker here for the last year and I am trying to clean up my credit. I actually searched for "credit one GW" and this thread came up. I have 1 30 day late with them and I was trying to see if anyone has had any luck.

I had one 30 day late with them also. I wrote a letter to ask them to remove it and they did. I was shocked but it happened. Good Luck!!