Credit One American Express Review

Credit card spending more than any other issuer.
Credit one american express review. While the apr is fixed at 25 49 for the credit one amex version it ranges from 19 49 to 25 49 for their other visa credit cards. It s also one of just a few credit card companies that offer charge cards. While the annual fee of the credit one american express is fixed at 39 it ranges between 0 and 99 for credit one s other visa credit cards. American express is a federally registered service mark of american express.
This is the worst credit card comany. The credit one bank american express card is a relatively low cost credit building option offering some terrific perks and a cash back rewards program that should help offset its annual fee. Summary the one from american express is a financial savings credit card that puts 1 of what you spend on your card into a high yield fdic insured account with american express bank. American express credit cards account for nearly one quarter of all u s.
Still the card is best seen as a stepping stone to better credit and a more lucrative rewards credit card down the line. Value wise the rewards rate is low and there s an annual fee and high apr. They increse your interest rate and make it so all that you can pay is the interest. This credit card program is issued and administered by credit one bank pursuant to a license from american express.
Amex a wallethub partner has built this lead thanks to a reputation for strong customer service and attractive rewards. The credit one bank american express card charges an annual fee between 0 and 95 in the first year and between 0 and 99 in following years depending on creditworthiness. Credit one bank american express card is a cashback card. The credit one bank american express card is a simple cash back card with a slight twist.
It is also one of the easier card to get for those with fair credit. No credit one bank american express card does not offer a rewards program. Credit one bank and american express announced the launch of a new credit card on wednesday. Cardholders receive unlimited 1 cash back rewards on all purchases in addition to a range of benefits.
Word to the wise do not get an america express. This means you earn a percentage of your purchase as a cash reward. They are absolutely the appitiy of terrible customer service and not helping customers. American express one credit card review.