Credit One Bank® NASCAR® Visa® Review

Credit One Bank® NASCAR® Visa® is a cashback credit card issued by Credit One Bank. 

This card is designed for people who have bad credit. The minimum credit score to apply is 520. If you're wondering whether Credit One Bank® NASCAR® Visa® is the right card for you, read on. This is everything you need to know to make a good choice.

Pros & Cons of Credit One Bank® NASCAR® Visa®

The Good

The Bad

Multiple credit card perks. Cardholders can earn rewards on their purchases. Offers auto rental collision damage waiver. Free access to your credit score. Travel Accident Insurance. Considers applicants with fair or poor credit. Earn rewards on every purchase. Credit One Bank® NASCAR® Visa® reports to multiple credit bureaus. Flexibility to choose payment due date. The Credit One Official NASCAR Credit Card helps to rebuild credit by reporting to the major credit bureaus monthly. There is no enrollment fee, which often comes with credit building cards. Accounts are automatically reviewed for credit increase opportunities.

Higher than average purchase APRs. Charges an annual fee of $99. Does not offer a signup bonus. Charges a foreign transaction fee of 3%. Annual fee and interest rate are based on creditworthiness, and can vary considerably. Currently $0 - $75 for the first year and $0 - $99 after that. Reward structure is based on creditworthiness. Some customers are offered cash back on all purchases, others are limited. Some customers will not be granted a grace period for payments. This is based on creditworthiness.

Is there a Credit One Bank® NASCAR® Visa® cash back or rewards program?

Credit One Bank® NASCAR® Visa® is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Credit One Bank® NASCAR® Visa® you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash.

Credit One Bank® NASCAR® Visa® Rewards

Rewards rate (all purchases)	1%
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus Spend Requirement	$0

What are the Credit One Bank® NASCAR® Visa® benefits?

Credit One Bank® NASCAR® Visa® provides the following benefits:

• Free Credit Score
• Auto Rental Collision Damage Waiver
• Zero fraud liability
• Travel Accident Insurance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Credit One Bank® NASCAR® Visa®?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Credit One Bank® NASCAR® Visa® has higher than average purchase APRs.

Credit One Bank® NASCAR® Visa® has a variable purchase APR that ranges from 19.74% up to 25.74%. It also has a variable cash advance APR of 25.74% .

Credit One Bank® NASCAR® Visa® Balance Transfers

Description
Balance Transfer APR	N/A
Introductory Rate	N/A
Intro APR period (months)	N/A

Credit One Bank® NASCAR® Visa® Rates & Terms

Description
Balance Computation	average daily balance
Purchase APR	19.74% - 25.74%
Credit Limit	N/A
Penalty APR	N/A
Cash Advance APR	25.74%
Security Deposit	N/A
Introductory Rate	N/A
Intro APR period (months)	N/A

What are the Credit One Bank® NASCAR® Visa® fees?

The following fees apply to Credit One Bank® NASCAR® Visa®:

Credit One Bank® NASCAR® Visa® Fees

Fees	Amount
Annual Fee	$99
Foreign Transaction Fee	3%
Returned Payment Fee	up to $39
Late Payment Fee	up to $39

Does Credit One Bank® NASCAR® Visa® report your account activity to credit bureaus?

Credit One Bank® NASCAR® Visa® reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Credit One Bank® NASCAR® Visa®

• Visit the Credit One Bank® NASCAR® Visa® website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.