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It’s rare to find a card for those with fair credit that offers the ability to earn rewards. If you’re looking for an unsecured card, this one is a solid option with nominal fees. However, before you start earning rewards, realize that your ability to earn rewards will be based on your assigned credit limit.
For customers with fair to good credit who want to keep building their credit, Credit One Bank® Platinum X5 Visa® is an unsecured card. Credit One offers to reward you for responsible use through regular potential credit limit increases.
Unlike some cards for lower credit scores, there are no one-time processing fees or monthly use fees. Credit One Bank only charges an annual fee of $95.
Credit One Bank offers you the opportunity to go through a pre-qualification process if you are unsure of your credit status, have previously been turned down, or are not sure if you would qualify with an average score. You can find out what cash rewards are available to you with just a brief form to fill out and a soft inquiry that has no effect on your credit.
The highlight of the Credit One Bank® Platinum X5 Visa® is the rewards feature. Very few cards for fair credit provide reward incentives. With this card, you can get cash back on qualifying purchases such as groceries, gas, and cable, internet, mobile phone, and satellite TV services.
Our editors are committed to bringing you unbiased ratings and information. Our editorial content is not influenced by advertisers. We use data-driven methodologies to evaluate financial products and companies, so all are measured equally. You can read more about our editorial guidelines and the credit card methodology for the ratings below.
Yo credit card enthusiasts!
Ever wondered what the highest credit limit on a Credit One Platinum card is? Well, wonder no more, because I’m here to spill the tea.
Let’s dive right in shall we?
The Lowdown on Credit One Platinum Card Limits
Credit One Platinum cards are known for their accessibility, even for folks with less-than-stellar credit. But what about the credit limit? Can you snag a high limit with these cards?
The answer is… it depends.
Credit One Platinum Card Limits: A Breakdown
Here’s a quick rundown of the minimum and reported maximum credit limits for different Credit One Platinum cards:
| Card Name | Minimum Credit Line | Reported Maximum Credit Line |
|---|---|---|
| Credit One Bank® Platinum Visa® | $300 | $1,400 |
| Credit One Bank® Platinum Visa® for Rebuilding Credit | $300 | $1,500 |
| Credit One Bank American Express® Card | $300 | $5,000 |
| Credit One Bank® Platinum X5 Visa® | $500 | $3,000 |
As you can see, the reported maximum credit limit varies depending on the card. The Credit One Bank American Express® Card takes the cake with a reported maximum of $5,000, while the other cards fall in the $1,400-$3,000 range.
But remember, these are just reported maximums. Your actual credit limit will depend on your individual creditworthiness. A number of variables will come into play, including your income, debt-to-income ratio, and credit score.
How to Increase Your Credit Limit with Credit One
So, you’re aiming for that sweet, sweet high credit limit? Here are a few tips:
- Make your payments on time, every time. This is the golden rule of credit card usage.
- Keep your credit utilization low. Aim to use less than 30% of your available credit.
- Request a credit limit increase after a few months of responsible card usage. You can do this online or by calling Credit One customer service.
- Consider opening another Credit One card. This can help you diversify your credit mix and potentially increase your overall credit limit.
The Bottom Line
Although Credit One Platinum cards have a reported maximum credit limit that may be alluring, it’s crucial to keep in mind that your actual credit limit will depend on your specific situation. You can improve your chances of receiving a higher credit limit and making the most of your credit card experience by heeding the advice provided above.
And hey, you should definitely consider applying for the Credit One Bank American Express® Card if you’re searching for a credit card with a high credit limit. Just be careful to use it sensibly and monitor how much credit you use.
Happy credit carding!
Other Credit One Bank® Platinum X5 Visa Credit Card Benefits
- After your introductory month, select a date that is six days prior to or following the date that has been assigned as your due date.
- $0 fraud liability: Protection against unauthorized charges.
- Compatible with digital wallets: Apple Pay, Samsung Pay, and Google Pay
- Regular APR: 29.74% Variable
- Intro APR: N/A
- Annual fee: $95
- Foreign purchase transaction fee: 3% or $1.00, whichever is greater
Credit One Bank® Platinum X5 Visa® Visa vs. Milestone Mastercard® – $700 Credit Limit
The Milestone Mastercard® – $700 Credit Limit is another unsecured option for rebuilding credit. However, like the Indigo® Mastercard®*, this card doesn’t earn rewards.
Credit One Platinum x5 Review (2024): Highest Credit Limit
FAQ
What is the credit limit for Credit One up to $2000?
What credit card has a $100000 limit?
Is Credit One Platinum any good?
What credit score do I need for a Credit One platinum card?
What is the credit one Platinum Visa credit limit?
The minimum credit limit on the Credit One Platinum Visa is $300. The annual fee will be subtracted from this credit limit, significantly limiting your spending power. Credit One does not disclose what the highest limit is on the card. Is the Credit One Platinum Visa worth it?
Is Credit One Bank Platinum a good credit card?
The Credit One Bank Platinum Rewards Visa is a practical credit building card with a better-than-most rewards program that offers several ways to earn cash back rewards and plenty of discounts. The high APR might give some pause, but if the balance is paid off in full each month, interest fees shouldn’t be a problem.
How much does a credit one Platinum Visa cost?
Read on for a full Credit One Platinum Visa review. Annual fee: $75 for the first year, then $99 annually (billed at $8.25 per month). Welcome bonus: None. Rewards: 1% cash back on eligible gas and grocery purchases as well as mobile phone, internet, cable, and satellite TV services. APR: 29.24% variable APR on purchases.
What is the starting credit limit for credit one credit cards?
Credit One credit cards have a starting credit limit of $300 to $500. Credit One credit card applicants with the highest credit scores and the most income have the best chance of getting the highest starting credit limits. Minimum Starting Limits for Popular Credit One Cards What is the Credit One Bank Platinum Visa credit limit?