Review
Credit One Bank American Express® for Rebuilding Credit Review: High Fees to Build Credit
Our review of the Credit One Bank American Express® for Rebuilding Credit examines if its cash back and Amex network perks justify the notable annual fees, or if there are more cost-effective ways to build your credit.
| Annual Fee | $99.00 |
| Rewards Rate | 1% Cash Back |
| Regular APR | 29.74% (variable rate) |
Overview
Pros & Cons
What's great
- Low credit score requirement
- Cashback on purchases
- Retail protection
- Access to network-specific offers
Things to consider
- Annual fee
- High regular APR
- No sign-up bonus
- No intro APR period
- Limited rewards categories
Benefits
Drawbacks
Decision Guidance
Summary
The Credit One Bank American Express® for Rebuilding Credit card earns a very poor overall rating of 0.5 out of 5.0. This card consistently underperforms across nearly all critical aspects that matter to consumers, especially its target audience: ind...