Reviews

Credit One Bank® Platinum Visa for Rebuilding Credit full review

Check out our Credit One Bank® Platinum Visa for Rebuilding Credit review, and learn about its benefits, such as cash back, mobile app to control your finances, and more!

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by Aline Augusto

11/24/2021 | Updated on 02/23/2022

Credit One Bank® Platinum Visa for Rebuilding Credit

Credit One Bank® Platinum Visa for Rebuilding Credit full review. Source: Credit One Bank®.
Credit One Bank® Platinum Visa for Rebuilding Credit full review. Source: Credit One Bank®.

Today, you’ll learn more about a great financial product available on the market on our Credit One Bank® Platinum Visa for Rebuilding Credit review!

So, the Credit One Bank® Platinum Visa for Rebuilding Credit is self-explanatory: it helps you rebuild your credit score. So, you can apply for it even if you have poor credit.

Most cards that helps rebuild credit don’t offer many rewards, though. This Visa, on the other hand, features 1% cash back on some purchases.

Then, here is what you need to know about it.

Credit ScorePoor – Excellent
Annual Fee$75 in the first year and then $99
Regular APR23.99% variable
Welcome bonusNone
Rewards1% cash back on eligible purchases
Credit One Bank® Platinum Visa® for Rebuilding Credit

Credit One Bank® Platinum for Rebuilding Credit

The Credit One Bank® Platinum Visa for Rebuilding Credit offers cash back and it doesn’t require a perfect credit score. See how to apply!

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How does the Credit One Bank® Platinum Visa for Rebuilding Credit work?

This card is made for people who are constantly being denied on regular credit cards applications due to credit scores.

But you don’t need to worry anymore; this Platinum Visa accepts you even with a poor credit score and helps you to rebuild it.

And there is more; this credit card offers 1% cash back on eligible purchases, such as gas, grocery, internet, TV, and phone services categories.

On the contrary, it charges an annual fee that increases after the first year and a variable APR.

Also, it doesn’t offer any intro bonus.

Credit One Bank® Platinum Visa for Rebuilding Credit benefits

Learn more about this credit card. Source: Unsplash.
Learn more about this credit card. Source: Unsplash.

The main advantage of this platinum card from Credit One Bank® is the opportunity to rebuild credit score. 

Plus, it doesn’t require a security deposit. But note that your credit limit can be low, though.

On the other hand, Credit One Bank® reviews your financial activity periodically, so you can increase your credit limit.

Although it doesn’t offer any intro bonus, it gives you 1% cash back on eligible purchases.

Finally, be aware of charges like annual fees and regular APR. 

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Pros

  • 1% cash back on eligible purchases
  • It accepts poor credit score for the application
  • Credit limit can be increased
  • It doesn’t require security deposit

Cons

  • Annual fee
  • Low credit limit

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How good does your credit score need to be?

As the card’s name says, it is made for rebuilding credit. Therefore, you can apply for it even if you have a poor credit score.

How to apply for a Credit One Bank® Platinum Visa for Rebuilding Credit?

If you think that this credit card fits your financial situation and helps you rebuild it, learn how to apply for one right now!

Credit One Bank® Platinum Visa® for Rebuilding Credit

Credit One Bank® Platinum for Rebuilding Credit

The Credit One Bank® Platinum Visa for Rebuilding Credit offers cash back and it doesn’t require a perfect credit score. See how to apply!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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