topic Re: Credit One Bank Auto CLI after one month in Rebuilding Your Credit

Credit One Bank Auto CLI after one month

Anonymous — Fri, 10 Jan 2014 06:05:34 GMT

OK well this is somewhat interesting. I just logged on to my Credit One Bank to make sure the statement has cut with a $0 balance, and I noticed that they gave me an additional $100 in CLI. I've had this card since Late November/early December. Only one statement has cut, and tonight is the second one. Don't get me wrong, I am not complaining, but from what I heard about Credit One, these CLIs are not easy to come by. So... Here is to the VERY FIRST CLI since the rebuild process started!!

Re: Credit One Bank Auto CLI after one month

ktl72455 — Fri, 10 Jan 2014 09:38:55 GMT

I just hit the 1 yr mark with them and got an additional 250.00 increase. It cost me 9.95 for it and I took it! Now up to 1,000 CL. I also got a increase at the 6mo mark.

Congrats on your increase! They are not the best but I'll take it and let them help me build!

Re: Credit One Bank Auto CLI after one month

Anonymous — Fri, 10 Jan 2014 13:29:19 GMT

Way to go, CreditOne Bank does have a decent rebuilder, I was approved for 17.09% APR & $35 annual fee, no monthly cost after one year because the annual fee is only $35. My second statement cut is coming up, we'll see what happens!

Re: Credit One Bank Auto CLI after one month

coldnmn — Fri, 10 Jan 2014 13:55:00 GMT

Congrats! Thanks for sharing.

Re: Credit One Bank Auto CLI after one month

Anonymous — Sun, 23 Feb 2014 04:20:20 GMT

I applied online and was approved instantly for $300 in late December. I used this card to make several purchases and paid the balance off in full. After my first statement, I was given a $200 auto CLI. The annual fee for my Credit One Bank card is $75 but I will galdly keep it if my I keep on getting CLI's.

Re: Credit One Bank Auto CLI after one month

Lechte — Sun, 23 Feb 2014 04:33:01 GMT

@Anonymous wrote:
I applied online and was approved instantly for $300 in late December. I used this card to make several purchases and paid the balance off in full. After my first statement, I was given a $200 auto CLI. The annual fee for my Credit One Bank card is $75 but I will galdly keep it if my I keep on getting CLI's.

I opened mine in November...they gave me a $200 auto CLI because of the "holidays". From what I hear, we won't be getting much more CLI's...not enough to justify the $75 annual fee. I'm closing mine before my next AF hits.

Re: Credit One Bank Auto CLI after one month

Anonymous — Sun, 23 Feb 2014 16:15:57 GMT

@Lechte wrote:
@Anonymous wrote:
I applied online and was approved instantly for $300 in late December. I used this card to make several purchases and paid the balance off in full. After my first statement, I was given a $200 auto CLI. The annual fee for my Credit One Bank card is $75 but I will galdly keep it if my I keep on getting CLI's.

I opened mine in November...they gave me a $200 auto CLI because of the "holidays". From what I hear, we won't be getting much more CLI's...not enough to justify the $75 annual fee. I'm closing mine before my next AF hits.

@Anonymous are right, @Lechte.

My AF on CreditOne is $35 so it is worth keeping it for now, but I have a feeling this card will serve its purpose within 12-18 months - for me at least

Re: Credit One Bank Auto CLI after one month

Lechte — Sun, 23 Feb 2014 17:27:59 GMT

@Anonymous wrote:
@Lechte wrote:
@Anonymous wrote:
I applied online and was approved instantly for $300 in late December. I used this card to make several purchases and paid the balance off in full. After my first statement, I was given a $200 auto CLI. The annual fee for my Credit One Bank card is $75 but I will galdly keep it if my I keep on getting CLI's.

I opened mine in November...they gave me a $200 auto CLI because of the "holidays". From what I hear, we won't be getting much more CLI's...not enough to justify the $75 annual fee. I'm closing mine before my next AF hits.
@Anonymous are right, @Lechte.

My AF on CreditOne is $35 so it is worth keeping it for now, but I have a feeling this card will serve its purpose within 12-18 months - for me at least

Yea. It's not bad for a rebuilder, if you don't use it a lot to make a high dollar amount of purchases... because they start chargin you interest the moment the charge posts. But I guess it's a small price to pay to get your credit jump started.

Re: Credit One Bank Auto CLI after one month

gdale6 — Sun, 23 Feb 2014 19:14:25 GMT

Nice, enjoy it

Re: Credit One Bank Auto CLI after one month

heygirlhey — Sun, 23 Feb 2014 19:58:39 GMT

LOL! Yes, I call it the credit defibrillator!

@Lechte wrote:

Yea. It's not bad for a rebuilder, if you don't use it a lot to make a high dollar amount of purchases... because they start chargin you interest the moment the charge posts. But I guess it's a small price to pay to get your credit jump started.

Re: Credit One Bank Auto CLI after one month

Lechte — Mon, 24 Feb 2014 00:12:36 GMT

@heygirlhey wrote:
LOL! Yes, I call it the credit defibrillator!

@Lechte wrote:
Yea. It's not bad for a rebuilder, if you don't use it a lot to make a high dollar amount of purchases... because they start chargin you interest the moment the charge posts. But I guess it's a small price to pay to get your credit jump started.

lol good one heyhey.

Re: Credit One Bank Auto CLI after one month

jason0618 — Fri, 23 May 2014 14:30:44 GMT

Old post, I know. My credit one account just posted it's second statement, this one with $2.28 in interest charges. Paid in full other than that. No cli though. Still at $300