Comparing the Credit One Bank Platinum Visa and Credit One Bank Platinum Visa for Rebuilding Credit is easy since they’re so similar. Both offer 1% cash back rewards for eligible gas, groceries and telecommunication service purchases. They also provide free access to Experian, which allows users to review their credit scores.

However, there are significant differences in annual fees and eligibility between these Credit One Bank cards. For example, the Platinum Visa has a lower annual fee at $39, but only the Platinum Visa for Rebuilding Credit is available to folks with bad credit. Below, we discuss these and other details to help you determine which works best for you.

Comparison Overview: Credit One Bank Platinum Visa vs. Credit One Bank Platinum Visa for Rebuilding Credit

  • Credit One Bank Platinum Visa
    Credit One Bank Platinum Visa for Rebuilding Credit
  • Has Annual Fee
    This is an icon
    This is an icon
  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
    This is an icon
  • Travel Rewards

Credit One Bank Platinum Visa At a Glance

With a $39 annual fee, the Credit One Bank Platinum Visa provides 1% cash back for eligible purchases on gas, groceries and mobile phone, internet, cable and satellite TV services. Additionally, it offers up to 10% extra cash back from participating retailers. Responsible cardholders are also subject to regular reviews for credit limit increases.


  • Credit One Bank Platinum Visa

    Best cash back card for those with fair credit


    • Fair-ExcellentCredit Needed
    • $0–$99*Annual Fee
    • 1% Cash BackRewards Rate
    • 1xRewards Rate on Gas
    • 1xRewards Rate on Groceries

    Terms, rates and fees apply

    Compare this credit card with other top-rated credit cards.

Credit One Bank Platinum Visa for Rebuilding Credit At a Glance

Credit One Bank Platinum Visa for Rebuilding Credit gives people with limited to poor credit access to a credit card for an annual fee of $75 for the first year. After that, the annual fee is billed monthly at $8.25 per month (for a total of $99 per year).

However, unlike most credit cards for poor credit, the Platinum Visa for Rebuilding Credit doesn’t require a security deposit. It comes with 1% cash back for eligible gas and grocery purchases as well as monthly cell phone, internet, cable and satellite TV services. Responsible users can also enjoy a credit line increase to help them build their credit over time.


  • Credit One Bank Platinum Visa for Rebuilding Credit

    Best credit card for prequalifying with bad credit


    • Limited-PoorCredit Needed
    • $0–$99*Annual Fee
    • NoneRewards Rate
    • 1xRewards Rate on Groceries
    • 1xRewards Rate on Gas

    Terms, rates and fees apply

    Compare this credit card with other top-rated credit cards from our partners.

Comparison Summary

MoneyGeek analyzed the difference between the Credit One Bank Platinum Visa and Credit One Bank Platinum Visa for Rebuilding Credit to help you determine their overall value for your needs.

  • Card Detail
    Comparison Summary
  • Annual Fee

    The annual fee for the Credit One Bank Platinum Visa is $39. The Credit One Bank Platinum Visa for Rebuilding Credit is $75 for the first year and $99 for succeeding years, billed at $8.25 per month.

    Winner: Credit One Bank Platinum Visa

  • Required Credit

    Since Credit One Bank issues these cards, they both offer a free and secure prequalification through the bank’s website. However, the Platinum Visa is limited to those with fair to excellent credit, while folks with poor credit would be eligible for the Platinum Visa for Rebuilding Credit.

    Despite being marketed for people with bad credit, the Platinum Visa for Rebuilding Credit doesn’t require a safety deposit.

    Winner: Credit One Bank Platinum Visa for Rebuilding Credit

  • Rewards

    Both cards offer 1% cash back rewards for eligible everyday purchases on gas, groceries and phone/TV/internet services. Moreover, both cards offer an extra 10% cash back reward on purchases from participating merchants.

    The cash back rewards for both cards are redeemable only in statement credit.

    Winner: Tie

Which Card Should You Get?

Since there aren’t many differences between the Credit One Bank Platinum Visa and Credit One Bank Platinum Visa for Rebuilding Credit, your credit rating will likely be the biggest determining factor in deciding which is the better card for you.

Who Should Consider the Credit One Bank Platinum Visa?

Credit One Bank Platinum Visa is excellent for people with fair credit looking to improve their credit score and earn cash back rewards in the process.

  • This is an icon

    Individuals who want to use their card on everyday purchases and keep tabs on their credit score.

  • This is an icon

    Responsible use of this card can lead to a higher credit limit and an improved credit score further down the line.

  • This is an icon

Who Should Consider the Credit One Bank Platinum Visa for Rebuilding Credit?

For those with limited to bad credit, Credit One Bank Platinum Visa for Rebuilding Credit gives you access to a credit line that comes with a modest cash back reward system, which is rare for this type of credit card.

  • This is an icon

    Individuals looking to improve their credit will benefit from this card’s regular reviews for credit limit increases. Using this to acquire a lower credit utilization ratio can boost your credit rating over time.

  • This is an icon

    Unlike other cards for people with bad credit, you won’t have to pay a security deposit to use this card.

  • This is an icon
tip icon
EXPERT OPINION

The Credit One Bank Platinum Visa is the better of these two cards as it has a lower annual fee. But if you have a poor credit score, the Capital One Bank Platinum Visa for Rebuilding Credit is still a solid card to help rebuild your credit to a good place. And both cards have identical rewards, so you can still save at the same rate, regardless of which card you pick.

Other Helpful Decision-Making FAQs

MoneyGeek answered some frequently asked questions to help you understand the difference between Credit One Bank Platinum Visa and Credit One Bank Platinum Visa for Rebuilding Credit. Use our insights here as you shop around for the perfect credit card.

Still Not Sure About These Cards? Consider These Options

The Credit One Bank Platinum Visa and Credit One Bank Platinum Visa for Rebuilding Credit are ideal for people looking to improve their credit and earn cash back rewards in the process. If you’re interested in exploring other options for those with less-than-perfect credit ratings, consider a secured credit card.

Learn more about credit cards in general

sources
*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.