Our illustration in the card’s colours, not its design
Credit One credit card
Credit One Bank Omni Rewards American Express® Card
- APR up · 29.74% to 29.99% · Oct 4, 2026
No annual fee. $200 cash back rewards after you spend $1,000 in 6 months. Purchase APR 29.99–30.49%, variable. No foreign transaction fees.
Checked Nov 1, 2026Updated
- Welcome offer
- Receipt · Welcome offerChecked Nov 1, 2026
Issuer's page · creditonebank.com
“Unlimited 2% cash back rewards on all purchases<sup>†</sup>,$200 Bonus Cash Back Rewards when you spend $1,000 in the first 6 months from account opening<sup>†</sup>,Credit line up to $10,000<sup>†</sup>”
- Annual fee
- Receipt · Annual feeChecked Nov 1, 2026
CFPB credit card survey · Reported to the CFPB
“Annual Fee † : $0”
- Purchase APR · variable
- Receipt · Purchase APRChecked Nov 1, 2026
CFPB credit card survey · Reported to the CFPB, Dec 31, 2025
The source states this figure; we have no exact sentence on file yet.
- Foreign transactions
- Receipt · Foreign transactionsChecked Nov 1, 2026
CFPB credit card survey · Reported to the CFPB, Dec 31, 2025
The source states this figure; we have no exact sentence on file yet.
Select an underlined figure to see where it comes from.
Credit One’s terms
Welcome offer
$200 cash
After you spend $1,000 on purchases in your first 6 months.
- Spending it takes
- $167 a month
- for 6 months
- Tracking since
- Sep 29, 2026
- history will chart every change
Within the first six billing cycles from the account open date.
- Smaller than about 60% of the 48 other cash bonuses we track.
In dollars
What it’s worth
Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
| Spending | Value against the fee | First year | After |
|---|---|---|---|
| Light spender | $440 | $240 | |
| Typical spender | $800 | $600 | |
| Heavy spender | $1,520 | $1,320 |
The spending each assumes, and what isn’t counted
- Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
- Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
- Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month
$240a year
$440 the first year, with the welcome bonus.
The spending this assumes
A month: groceries $300, dining $100, gas $100, everything else $500.
$600a year
$800 the first year, with the welcome bonus.
The spending this assumes
A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250.
$1,320a year
$1,520 the first year, with the welcome bonus.
The spending this assumes
A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500.
Use your own spending
Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards
Against the market
How it compares
Worth more to a typical spender than about 100% of the 732 cards we track.
- No annual fee, like about 100% of the 50 cards on our No annual fee list (see the list).
Other cash back cards with no annual fee
- Citizens Summit World MastercardCitizens · No annual fee+$10 a year
- Wells Fargo Cash Back Credit CardWells Fargo · No annual feeabout the same
- EvergreenFNBO · No annual feeabout the same
Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).
Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method
Rewards
How you earn
- 2%
- Everything else
Cash back, as a share of each purchase.
Benefits
- Purchase protection
- Travel accident
Changes
- Oct 4, 2026 APR 29.74% to 29.99%
Only changes that held for at least three days on both sides count; one-day blips in a reading don’t.
Every figure with its receipt
Rates and fees
| Annual fee | Receipt · Annual feeChecked Nov 1, 2026 CFPB credit card survey · Reported to the CFPB “Annual Fee † : $0” |
|---|---|
| Purchase APR | Receipt · Purchase APRChecked Nov 1, 2026 CFPB credit card survey · Reported to the CFPB, Dec 31, 2025 The source states this figure; we have no exact sentence on file yet. |
| Foreign transactions | Receipt · Foreign transactionsChecked Nov 1, 2026 CFPB credit card survey · Reported to the CFPB, Dec 31, 2025 The source states this figure; we have no exact sentence on file yet. |
Before you apply
- Credit the issuer asks for: Excellent Credit (issuer’s page).
- What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
- Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
Questions
- What is the annual fee?
- $0 · Reported to the CFPB, since Oct 4, 2026
- Does it charge a foreign transaction fee?
- No. · Reported to the CFPB, Dec 31, 2025, since Oct 4, 2026
- What is the purchase APR?
- 29.99–30.49% APR · Reported to the CFPB, Dec 31, 2025, since Oct 4, 2026
- Is there a welcome bonus?
- $200 cash back after $1,000 in purchases in 6 months. · creditonebank.com, since Sep 29, 2026
- What credit do you need?
- Excellent Credit · creditonebank.com, since Sep 29, 2026