Credit one

Bankrupt2019 · ‎02-09-2020

So is credit on the only credit card in the world with no grace period? Or did I read the account disclosures wrong? I don't really care since it's a SD card anyway, but just thought it was odd I paid interest when I paid off the card fees 2 days after I got it.

Brian_Earl_Spilner · ‎02-09-2020

No they are not the only ones, just the ones who are famous for it.

Bankrupt2019 · ‎02-09-2020

They earned themselves a deep dark corner of my sock drawer.

Anonymous · ‎02-17-2020

Credit One is the worst of the worst. Got one when rebuilding after BK. Never really used it much then......never use it now. They charge me $9 per month for non usage and probably will charge me that even if I do use it. Scared to get rid of it for fear it will lower the age of my credit. Wish I had never applied for it but I was desperate for a credit card.

Brian_Earl_Spilner · ‎02-17-2020

It stays on your credit for up to 10 years after you close it.

Anonymous · ‎02-17-2020

@Anonymous wrote:
Credit One is the worst of the worst. Got one when rebuilding after BK. Never really used it much then......never use it now. They charge me $9 per month for non usage and probably will charge me that even if I do use it. Scared to get rid of it for fear it will lower the age of my credit. Wish I had never applied for it but I was desperate for a credit card.

I would get rid of that Credit One card immediately and save yourself $9 a month. You got plenty of good cards now. It won't affect your age of credit, it will remain on your credit report for 10 years.

Anonymous · ‎02-17-2020

@Bankrupt2019 wrote:
So is credit on the only credit card in the world with no grace period? Or did I read the account disclosures wrong? I don't really care since it's a SD card anyway, but just thought it was odd I paid interest when I paid off the card fees 2 days after I got it.

Hopefully, they are not charging you a monthly fee. I would get rid of it ASAP!