Credit One Bank Platinum Visa
By Alex Compton · Last verified
An unsecured card for damaged credit that charges almost a hundred dollars a year for the privilege.
Welcome Bonus
None
No welcome bonus; $75 first-year fee, then $99 a year billed at $8.25 a month
Spend Requirement
None
Annual Fee
$99
3% FTF
Credit Score
Poor
to Fair (rebuilding)
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
No numeric welcome bonus recorded
This product has no points- or cash-denominated offer to plot. Dated no-offer observations, non-points benefits, corrections, and primary-source links remain preserved in the table below.
| Observed | Offer | Requirement | What changed | Evidence |
|---|---|---|---|---|
| 2026-10-12 | $0 | No recorded spend | Terms reconfirmedNo welcome bonus; $75 first-year fee, then $99 a year billed at $8.25 a month | Credit One Platinum Visa for Rebuilding Credit product page → |
| 2026-06 | $0 | No recorded spend | Terms reconfirmedNo welcome bonus; $75 first-year fee charged at opening | Archive record · no attached snapshot |
| 2023-01 | $0 | No recorded spend | Earliest record | Archive record · no attached snapshot |
Primary-source verification log
Append-only evidence ledger- confirmed
No bonus; $75 first year then $99 billed $8.25 monthly; 1% on gas, grocery, phone/internet/TV; 29.74% APR confirmed
Credit One Platinum Visa product page →
Source checked 2026-10-12 · spot an outdated offer? Report a correction above.
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Earning Rates
- 1xEligible gas, grocery, mobile phone, internet, cable and satellite TV
- 0xEverything else
Credits
No statement credits, this card wins on earn rates, not coupons.
Benefits
- ✦No security deposit required
- ✦Reports to all three credit bureaus
- ✦Free monthly credit score tracking
- ✦Automatic credit line increase reviews
Why it earns its spot
- +Unsecured approval is possible with seriously damaged credit
- +Reports to all three bureaus
Where it costs you
- −$75 first year, then $99 a year billed at $8.25 a month
- −The fee is charged against your opening limit, so a $300 line starts at $225
- −29.74% variable APR with a $300 starting line
The Compound Verdict
The fees do the damage here. You pay $75 to $99 a year for a $300 line that the fee itself shrinks on day one, while a Discover it Secured builds credit for free and pays real rewards on a refundable deposit. If you can scrape together $200 for a deposit, the secured route wins by a mile.
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