What To Do When You Can’t Pay Your Credit One Bank Bill
Credit One Bank issues credit cards. When economic times get tough, it can be really easy to rely on your credit card to take care of your expenses, but it can be difficult to repay the debt back to the bank on time. If you are having trouble making your Credit One Bank payment for the month, you are not alone. This information will help you understand your options and what may happen as a result.
How To Pay The Bill
Credit One Bank offers several different ways to pay your bill. You can opt for a standard payment or an express payment. You can pay your bill online. You can pay your bill by phone and you can pay your bill by mail. It is also possible to pay your bill using MoneyGram or Western Union.
Pay online: To make your Credit One Bank online payment, please visit https://www.creditonebank.com/account-register.aspx to register for an account. If you already have an online account, log in from the home page at: https://www.creditonebank.com/The standard payment allows you to make the payment from your bank account, and will release the funds from your credit limit within five business days. The Express payment, charges a $9.95 fee, but allows you to use your bank account, or another Visa or MasterCard to make the payment and releases the funds back to your credit line usually by the next business day.
Pay by phone: To make your payment by phone call 1-877-825-3242 and either follow the necessary prompts to use the automated system or speak to a customer service agent.
Pay by mail: To make your payment by mail, please send payment to:
Credit One Bank Payments
P.O. Box 60500
City of Industry, CA 91716-0500
Pay at MoneyGram: Visit a retailer offering MoneyGram bill pay services, and provide your account number and the receive code “1430.” To make your payment using Western Union, visit a retailer and provide your account number and the code city “CREDITONEBANK” and the code state “NV”. Remember, both MoneyGram and Western Union will charge a fee for using this service.
Questions About Your Billing Statement or Account?
If you see charges on your billing statement or account such as late payment fees, returned check charges and membership fees that you do not understand, you should visit the Credit One Bank FAQs. In the event you need additional explanation, you should call customer service at 1-866-515-5721.
How The Penalty Fees Work
Credit One Bank charges several fees, depending on the type of credit card you contain. The charges include late payment fees, returned payment fees, membership fees and an annual fee.
- Late payment – Credit One Bank charges a late payment fee of $35.
- Returned check – Credit One Bank charges a $35 fee for returned payments.
- Membership – members are charged a fee of $75 for the first year and $99 each additional year.
- Annual fee – The annual fee charged to Credit One Bank customers is $19.
I Can’t Make A Payment
If you cannot make a payment, it is best to call customer service and discuss your options. They may be able to work something out with you or refer you to consumer credit counseling to ensure you do not get sent to collections and charged off for non-payment. Making a payment arrangement does not mean your credit will not suffer. It is best to attempt to make the minimum payment to avoid negative affects to your credit rating. You can at the very least pay $1, but if you pay less than the minimum due, you will incur a late fee.
Will They Work With Me To Pay My Bill?
Credit One Bank will work with you to make sure you are in good standing with them, but cannot promise your credit rating will not be affected. Those of you who have experience dealing with this company and past due bills, please share your story below so other readers can learn from it.