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Credit One Bank® Platinum Rewards Visa No Annual Fee Review – Forbes Advisor

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Credit One Bank® Platinum Rewards Visa No Annual Fee vs. Credit One Bank® Platinum Rewards Visa

If your spending habits are more varied than the daily categories that earn rewards on the Credit One Bank® Platinum Rewards Visa with no annual fee, you might want to consider its sister card, the Credit One Bank® Platinum Rewards Visa. With this card, you’ll earn 5% cash back on the first $5,000 in eligible purchases of gas, groceries, Internet, cable, satellite TV, and cell phone every year, then 1 % afterwards. All other purchases earn 1%.

There’s a $95 annual fee, but if you spend a total of $1,900 per year on the card in these categories, you’ll break even. And, you’ll earn rewards on all of your spend, not just on a handful of areas.

Credit One Bank® Platinum Rewards Visa No Annual Fee vs. Wells Fargo Active Cash℠ Card

It’s not hard to see why the Wells Fargo Active Cashâ„  card is hard to beat. It earns unlimited 2% cash rewards on purchases, putting it head-to-head with other top flat rate cashback cards on the market. To add to the appeal, the card also comes with an introductory APR of 0% for 15 months from account opening on eligible purchases and balance transfers, then a variable APR of 14.99 % to 24.99% applies. Balance transfers made within 120 days are eligible for the introductory rate and 3% fee. Balance transfers made after this date are charged up to 5%, minimum: $5. The welcome bonus of $200 in cash rewards after spending $1,000 on purchases in the first 3 months is also nice.

Credit One Bank® Platinum Rewards Visa No Annual Fee vs. Chase Freedom Flex℠

The Chase Freedom Flex℠ has the strength to handle just about all of your credit card spending needs without an overly inflated price tag. The card has a $0 annual fee, but comes with an inflated revenue structure that earns 5% cash back on up to $1,500 in categories that rotate quarterly (requires activation), 5% on travel purchased through Chase Ultimate Rewards®, 3% on restaurants and pharmacies and 1% on all other purchases. Add a $200 bonus after spending $500 on purchases within the first 3 months of account opening and you have one of the biggest no-annual-fee rewards cards on the market.