![]() ![]() However, considering most of Credit One’s cards offer low rewards with no welcome bonus, that might be difficult to do. If you choose a card with an annual fee, be sure you can offset it with the card’s rewards through your normal spending. You may also choose a card that best aligns with your personal values, like the Credit One Best Friends Credit Card. ![]() Whenever you’re looking for a credit card, you should choose one that best suits your budget and spending habits. How to choose the right Credit One card for you Discover’s flagship rewards card, the Discover it® Cash Back*, also can’t really compete with the Platinum X5 Visa Card from Credit One, primarily because of its spending limit.ĭiscover’s APRs, however, are much lower and none of its credit cards carry an annual fee. Discover also offers a great welcome bonus, whereas Credit One doesn’t offer a welcome bonus for most of its cards.ĭiscover’s travel card, however, isn’t as rewarding as the Credit One Wander card, but it is more flexible. It offers one of the best secured cards - the Discover it® Secured Credit Card* - and one of the best student cards - the Discover it® Student Cash Back*. Discoverĭiscover, like Credit One, offers cards for a variety of different credit levels. The only card that Capital One has a hard time keeping up with is the Platinum X5 Visa card. Its flat-rate rewards cards - namely the Capital One Quicksilver Cash Rewards Credit Card* - will also be a better choice over the Platinum Visa card from Credit One. Its Venture travel credit card family, for example, provides a better option than Credit One’s Wander card, thanks to its additional card features. Capital One offers better credit cards overall, though you’ll also need better credit scores to qualify for some. While the two issuers share some similarities in name and logo, that’s where the likeness ends. Its APRs are nearly as high as other issuers’ penalty APRs - the rates charged when your payment is late or you don’t pay the full amount due. While it’s a good idea to not rotate a balance from month to month on any card, this advice is especially important when using a Credit One card. Credit One also charges annual fees for many cards that don’t offer decent rewards rates for additional card perks. While it does provide credit cards for people with a good range of credit histories, including a quality secured card and a strong rewards card, its cards all carry much higher APRs than most other issuers. How does Credit One compare to other issuers?Ĭredit One is somewhat of a mixed bag. An 800 score and above is usually considered an excellent FICO score. To be counted as average credit, your FICO score would need to be at least 580. Most of its cards are designated for people with limited credit, average credit or excellent credit. Credit score requirements for Credit One credit cardsĬredit One credit cards are available for a variety of different credit score ranges, but your range may determine your annual fee. ![]() Get 1% cash back rewards on eligible gas and groceries as well as your monthly mobile phone, internet, cable, and satellite TV services. ![]()
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