SCAM: Credit One Bank Visa Platinum

This Credit One Bank Visa Platinum is an absolute scam. They charge a Daily finance so even though you paid your balance in full they still charged interest. You can not use this card without being charged a fee, a ridiculous fee, not to mention the enrollment fee. What a joke, NO ONE needs credit like this!!

Comments

1. Thank you for the heads up. God Bless you
2. Thank you sir! It is sad how they take advantage of people and its shady that they use the similar logo.
3. Thanks for making this video! I always had a hunch about that company! Thanks for clearing it up for everyone. How they get away with looking just like capital one is amazing to me. I would recommend Navy Federal secured credit card to anyone trying to rebuild credit. It automatically transfers into a regular credit card for A HIGHER CREDIT LIMIT after one year of on time payments.
4. thanks
5. I agree they do add tons of fees and only offer you peanuts. I had the card years ago. I have much better cards now and a higher credit score. Got a pre-approval in the mail this week, thought is was Capital one but it was Credit one. ( I already have Capital One, Chase Freedom, applying for Discover.) Listen to him because he is telling the truth. Their card looks like Capital one because of the logo. If your're applying online you better make certain you not clicking on the Credit One card if you intend to apply for Capital One.
6. This company also charges you a weekly interest on your balance. So if you think that $100 you spend a month is only $100 think again its going to be $104 even if you pay off the $100 in full that same month. What a bad co to business with.
7. somebody please help me I cant get ahold of customer service! I need to cancel this card!!!!!
8. man this video had me weak. a perfect video to end the week
9. CREDIT ONE BANK is the absolute worse. They used the same logo as Capital One which tricks thousands of people daily into signing up for the card. Then there are fees on top of fees for just having the card. This is a scam and designed to rob you!! Do not get a card with this company. Make sure you do not apply for this company!!
10. I have no complaints with this card. if I don't charge anything, I don't have a payment for the month. Idk what he's talking about. as for the low starting limit, you have to start from somewhere. I went from $300 to $950. pay your bill in full every month.
11. Thanks! I just received an approval letter from them & i applied!! Now i know not to use & to cancel there card as soon as it arrives in the mail!
12. THANK YOU FOR POSTING. THEY HAVE SENT ME TWO CARDS THIS WEEK I will not be calling them.
13. I was hook up with this company, and how do I deactivate the card tho? I thought this is capital one visa card. hope you can help me. Thanks
14. Capital One is pretty good for rebuilding or establishing credit, HOWEVER, if necessary, use one of Capital One's secured cards until you can get one of their CC that has NO SETUP FEE, NO MONTHLY MAINTAINANCE FEE, Etc. I am not affiliated with them in any way except that I have their cards but they are wonderful to work with and upgrade you automatically without even having to ask. I was very surprised.
15. it isn't a great card but what he read was misinterpreted a bit. The $8 fee each month is not in addition to the $99 annual fee, it is the fee, just paid over a year.
    Also, the processing fee is dependent on how you pay. The 10 day processing time is also dependent on how you choose to pay, such as a check.
    Again, this isn't a great card but just wanted to clear up a few of the misinterpretations.
16. DON'T DO IT. Unless there is absolutely no other option for you to establish credit I advise you to do some research and look elsewhere before applying.
    
    I have had a visa card with Credit One bank for the past 2 years. The card is paid off and I keep it in a drawer for emergencies only but now I am seriously considering cancelling. Not only do they charge interest on purchases which is common among most high-interest credit cards these days but they also charge interest on your annual fee that is billed on a monthly basis.
    
    When I inquired about this to customer service, the representative informed me that the annual fee is considered a purchase. I told her that it is not a purchase but an agreement and it is unfair business practice to apply a monthly interest charge on the annual rate. Of course, they were steadfast in this and nothing was done about it. Also, if you pay your bill on the due date they will charge you a late fee ($35) even though it is technically not late. So if you get this card pay before the due date.
    
    The address is Las Vegas, NV but every time I call the customer service center either a Spanish person or Asian-Indian answers the phone. They try to hide their accents despite the fact that you can barely understand them and have to ask them to repeat what they've said. When dealing with sensitive, private information I prefer to speak with someone who can communicate clearly and effectively.
17. Thank you so much!
18. stay the way the fuck away from them, you damn rite about them fuckers. im canceling my shit asap
19. thanks for telling ppl about them. i was considering applying too😕
20. Amen Hallelujah Thank Ya You the tops