What is the Credit One Bank 300 limit?
What is the Credit One Bank 300 limit? The Credit One Bank® Platinum Visa® for Rebuilding Credit card's minimum credit line is $300. This is a fairly low credit line — and it could limit your spending power.
Should I pay off my credit card in full or leave a small balance?
It's a good idea to pay off your credit card balance in full whenever you're able. Carrying a monthly credit card balance can cost you in interest and increase your credit utilization rate, which is one factor used to calculate your credit scores.
What happens if you use 100% of your credit limit?
Credit utilization is an important credit score ingredient, and a utilization rate above 100% can have a negative effect on scores.