"Approved - CL = $850"
The Visa® Black Card Review
Written by: wildrage2 on 2009-05-16
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wildrage2's review: 
I got a preapproval in the mail last week and told myself I didn't need it. It has a $60 AF and it says that minimum limit is $200, which according to my experience, is typically what you get. I was surprised to be instantly approved for $850. It does include a free monthly credit score reporting service, which somewhat justifies the annual fee, which is broken down and charged monthly. My scores are about 640 right now because I charged up my cards this month lol. I'm probably at about 70% uitilization. I'm hoping that in a few months when I get them down to 5% I can get my scores up closer to 700.
I got a preapproval in the mail last week and told myself I didn't need it. It has a $60 AF and it says that minimum limit is $200, which according to my experience, is typically what you get. I was surprised to be instantly approved for $850. It does include a free monthly credit score reporting service, which somewhat justifies the annual fee, which is broken down and charged monthly. My scores are about 640 right now because I charged up my cards this month lol. I'm probably at about 70% uitilization. I'm hoping that in a few months when I get them down to 5% I can get my scores up closer to 700.
6 Comments
Comment 1 by patrick12
Black Card 
on 2009-05-18
Who issues the Black Card if you don't mind me asking? Thanks Patrick
on 2009-05-18 Who issues the Black Card if you don't mind me asking? Thanks Patrick
Comment 3 by lindalu
70% Utilization on 2009-05-18
Did you apply when your utlization was 70%? mine is about there too right now and I was going to wait until I paid my payments this month to even apply for a card but it takes so long for some cards to report the payments that I may have shot myself in the foot by utilizing them that much this month because now I may get denied a card for high utilization.
on 2009-05-18 Did you apply when your utlization was 70%? mine is about there too right now and I was going to wait until I paid my payments this month to even apply for a card but it takes so long for some cards to report the payments that I may have shot myself in the foot by utilizing them that much this month because now I may get denied a card for high utilization.
Comment 4 by meya
Way To Go! on 2009-05-18
Yeah this a credit one card. Its pretty cool for rebuilding, but whatever you do Wildrage, make sure you mail their payments in because they charge us for making a payment online. They darn near hit you at cap limit, this is the highest I have heard so far. Unfortunately for me, I was hit at... I think $300. Or was it $200? I can't remember... Lol.
on 2009-05-18 Yeah this a credit one card. Its pretty cool for rebuilding, but whatever you do Wildrage, make sure you mail their payments in because they charge us for making a payment online. They darn near hit you at cap limit, this is the highest I have heard so far. Unfortunately for me, I was hit at... I think $300. Or was it $200? I can't remember... Lol.
Comment 5 by brian23
Great Job Wildrage.... on 2009-05-18
I didn't know either that CreditOne Bank issued limits that high for re-builders. But nonetheless, congrats on the approval...
on 2009-05-18 I didn't know either that CreditOne Bank issued limits that high for re-builders. But nonetheless, congrats on the approval...
Comment 6 by eugene66
Congrats! on 2009-05-19
Credit one has four types of cards according to their website... The basic blue... The platinum Visa(which I have) and MasterCard and the black card which is this card. All seem to have an annual fee but I know that the platinum goes beyond the 1k limit because I have a cl of 1400 on it. If you go the their website it has a compare chart to compare all three cards. Since I've been with them,I have received a cli every 6 months so they may vary now.
on 2009-05-19 Credit one has four types of cards according to their website... The basic blue... The platinum Visa(which I have) and MasterCard and the black card which is this card. All seem to have an annual fee but I know that the platinum goes beyond the 1k limit because I have a cl of 1400 on it. If you go the their website it has a compare chart to compare all three cards. Since I've been with them,I have received a cli every 6 months so they may vary now.
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Disclaimer: This content is not provided by Credit One Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Credit One Bank. Review content is powered by Finance Globe.
