Credit One Bank Auto CLI after one month

[IamB2]

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!!

[ktl72455]

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!

[phix]

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!

[coldnmn]

Congrats! Thanks for sharing.

[gardoave]

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.   

[Lechte]

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@gardoave 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.   

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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.

[IamB2]

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@Lechte wrote:

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@gardoave 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.   

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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.

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@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

[Lechte]

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@IamB2 wrote:

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@Lechte wrote:

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@gardoave 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.   

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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.

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@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

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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.  

[gdale6]

Nice, enjoy it

[heygirlhey]

LOL! Yes, I call it the credit defibrillator!

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@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.  

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