The one card visa is being offered by many banks and this leaves the option open to many people. In most cases, this credit card can be used by those people that have a bad credit history. The pone card visa is meant to rebuild the credit of a client and this will put an individual in a position where he/she can enjoy the special perks that are on offer. There are many one card visas that are available and this will mostly depend on the benefits that are attached to them. These benefits will be used as a means of attraction.
One card visa by the Credit One Bank
The most fundamental thing with the credit one bank visa credit card is that one is able to enjoy the special perks without having to pay for the enrollment fee. This places the people with a bad credit history in a better position as opposed to the other credit cards. This saves many people a lot of money in case the application is not approved. In addition to that, once the application is approved, one is able to enjoy a minimum credit line of $300. The client is at liberty to make a choice on the credit card design based on the interests and personality of an individual.
There is an assurance that the cardholder is liable for any fraud activities that are committed once the card is stolen. If the bank is notified in time in case the card is stolen, the account will be closed for security purposes. One also has the freedom to choose his/her payment due date. This eliminates the cases of late payment. The payment due date can be changed once every six months and this ensures that the credit card bill is cleared on time.
More details on this credit card
Capital One has also come up with its own on card visa. Along with it, there are benefits that the cardholders are entitled to. For every dollar a client spends, he/she earns unlimited 1.25 miles. The card does not have an annual fee attached to it. For every new account that is opened, 20000 bonus miles are earned. For any foreign transaction that is carried out, there are no fees charged. According to Capital One, the one card visa is meant for those people that have an excellent credit, but wants a flexible travel card. Their credit card has rewards attached to it through the accumulation of the reward points.
Conclusion on the credit card
For any lost credit card, one has to notify the bank or rather the company and file a claim. There are situations whereby an unauthorized person may use a client’s card, in most cases the company will not charge fees and they may end up refunding the money. The decision remains with the customer on which company to work with when it comes to the one card visa and this mostly depends on the benefits that come along with the card and if it meets the demands of an individual.