Wed Oct 01 2025
Does Closing a Credit Card Hurt My Credit Score?
Your credit card is part of your financial ecosystem. Closing it can affect your score, so it’s important to understand the repercussions before you do.
Read More
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Avoid The Credit Wreckers
It might be shockingly easy to wreck your credit score, but it‘s far less likely to happen when you know exactly what to avoid.
Credit One Bank uses YouTube API services and by watching the video, you are agreeing to the YouTube Terms of Service (https://youtube.com/terms) and Google Privacy Policy (https://www.google.com/policies/privacy).
Max Out
Max Out’s eyes are bigger than his wallet. When he sees something he wants, he buys it… and his credit score pays the price. He frequently buys himself little treats, but even small purchases can easily add up to big balances, pushing his credit card limits. What Max Out doesn’t know is that using his full credit limit can lower his score. If only he knew he might be able to set balance alerts to keep his credit utilization under 30%.
Stay Below 30% Credit Limit Utilization
Miss Payment
Miss Payment means well, but more often than not she misses her monthly credit card payments, and each one missed can stay on her credit report for up to seven years! She could be using AutoPay, but she’s afraid of overdrafting her bank account. If only she knew she might be able to schedule her due date to better align with her payday.
How Not To Miss A Payment
Cancelina
Watch out for Cancelina. She just loves canceling her unused credit cards once they’re paid off. But what she doesn’t know is that canceling them can decrease the length of her credit history and hurt her credit mix.
Don't Cancel Your Old Or Unused Credit Cards
One Track Jack
One Track Jack only has eyes for one... one type of credit, that is. But what he doesn’t know is that by focusing all of his attention on only one type of credit, he isn’t building a more robust credit mix — which could limit his credit growth.
Why You Should Diversify Your Credit
How To Avoid The Credit Wreckers
Thu Nov 18 2021
Do I Need Installment Credit In My Credit Mix?
If you review your credit report(s)—like you should at least annually—you may notice a preponderance of revolving credit accounts, or tradelines. And the majority of those are
Read More
Thu Oct 31 2024
6 Reasons Your Credit Score Could Drop
Your credit score can fluctuate for a number of reasons. Here are some of the most common things that could trigger a credit score drop.
Read More
This content is intended for educational purposes only and is not intended to provide legal or financial advice. Individual credit scores are influenced by various factors including credit behavior and may be calculated differently by each credit bureau. For advice tailored to your individual situation please consult a qualified professional.
Find the right card for you
Credit One Bank Platinum X5 Visa Signature® Card
Recommended for :
- Average to Excellent Credit
- Everyday Purchases
Credit One Bank Platinum Visa® for Rebuilding Credit
Recommended for :
- Rebuilding Credit
- Everyday Purchases
Credit One Bank Premier American Express® Card
Recommended for :
- Average to Excellent Credit
- All Purchases
Put Your Cards On The TableDownload and Play Credit One Bank’s Cards on the Table Game!
Talking about credit can be hard, so we made it easier with a simple game — Cards on the Table.
Play a round with friends and open up about your credit journey. Because when you put your cards on the table, you realize you’re not alone.
Cards on the Table
PDF, 1.9 MB