Credit One Credit Card

[Anonymous]

So I applied for a credit one credit card on Wednesday night and it said I was approved with a $400 credit limit when I check the status for it, it says “application in process” ? Not sure if I got the card or not? Are they just looking over it. Kind of confused.

[Meanmchine]

Call their customer service line. Sometimes, it takes lenders a day or two for all their computers to be on the same page. Good luck

[Anonymous]

I received a pre-approval letter and a colorful dummy card today from credit one, it says $500 cl and call in and yhe CL may increase. I dont like the APR of almost 25% and $75 annual fee.

[Anonymous]

Just be careful with Credit One because many of their cards don't have a grace period and start charging you interest as soon as the charge posts.

[Shadowfactor]

The trick to credit one and not paying interest. Is to never carry a balance on it. My card doesn’t have a grace period but as long as I pay the balance in full on it the day before the statement cuts i’ve never paid them a dime of interest. And it reports a zero to the credit agencies.

They did get me the very first month for 11 cents. They waited to charge the annual fee until about 4 days before the statement cut and it stayed pending until the day after it cut. So I got charged interest on it.

look at that new rebuilder card instead of credit one they suck!

[arenglish]

OP, have you looked into Discover or Captial One and their secured cards? They would be a much better option than Credit One. Discover and Capital One both have no annual fee. Discover graduates and gives rewards, Capital One has credit steps after 6 months...

Just food for thought, but I'd rather have a secured card than a card with a high APR and any kind of AF.

[Anonymous]

I’ll have to agree with the above posts. I strongly recommend not activating that card so you are not sucked into the Credit One annual fees, high APR, limited credit limit growth and lack of graduation policy.

Apply for a MasterCard or discover secured card. No annual fee, clearer interest terms, credit increases and graduation within about a year. 11th statement for Capital One.

Forgo Credit One if you haven’t activated the card. Capital One will give you the Secured Platinum for sure.

[Anonymous]

Good luck with your endeavors here

[Anonymous]

Op, my second card was credit one and they have been good, $45 AF, SL $1000 then CLi to $2000. Paid on time for three months and was able to get Discover and Chase cards. I have no complaints and although will closing this card in novmber 2018. Good Luck.