Credit One Bank Platinum X5 Visa

The Credit One Bank Platinum Visa X5 is a cash back card designed for those with average credit who want a 5% cash back credit card. It offers 5% cash back on the first $5,000 in combined gas, groceries, internet, cable, satellite TV, and mobile phone services. After that, you earn 1% cash back. According to the card’s website, you can get up to 10% cash back from top retailers however, we couldn’t find any specific information on what those retailers are. Another quirk of applying for a Credit One credit card is that you submit a preapproval form, and then Credit One will tell you what credit cards you’re eligible to apply for–you can’t just choose for yourself. Also, the APR is quite high. We dive into the details in this Credit One X5 review.

Our Rating

3.0/5.0

Welcome Offer

None

Annual Fee

$95

0% Intro on Purchases

N/a

Reward Rate

1% to 5%

0% Intro on Balance Transfers

N/a

Editorial Review

Features & Benefits

SecurityCredit Score Monitoring, EMV Chip Enabled, Zero Liability, Alerts, Identity theft protection
Contactless PaymentsApple Pay, Google Pay, Samsung Pay
BenefitsFree credit score access, Choose your due date, 24/7 customer service
Travel Perks

Rewards

1% cash back
On all other eligible purchases
1% cash back on all other purchases.
5% cash back
U.S. supermarkets
Earn 5% cash back rewards on the first $5,000 of eligible gas, grocery, internet, cable, satellite TV, and mobile phone service purchases each year, then 1% thereafter.
5% cash back
Select Categories
Earn 5% cash back rewards on the first $5,000 of eligible gas, grocery, internet, cable, satellite TV, and mobile phone service purchases each year, then 1% thereafter.
5% cash back
Gas
Earn 5% cash back rewards on the first $5,000 of eligible gas, grocery, internet, cable, satellite TV, and mobile phone service purchases each year, then 1% thereafter.

Interest Rates & Fees

Annual Fee$95
Foreign Transaction FeeEither $1 or 3% of each purchase in U.S. dollars, whichever is greater.
Regular APR29.74% (V) APR

Pros & Cons

Pros
  • Up to 5% cash back on everyday purchases
Cons
  • Annual fee
  • No welcome bonus
  • High APR
  • Foreign transaction fee

What Are the Best Alternatives?

Chase Freedom Flex®
Chase Freedom Flex®

Rating

4.7

Rewards Range

1% - 5%

Annual Fee

$0

Blue Cash Preferred® Card from American Express
Blue Cash Preferred® Card from American Express

Rating

4.5

Rewards Range

1%-6%

Annual Fee

$0 intro annual fee for the first year, then $95.

Citi Custom Cash® Card
Citi Custom Cash® Card

Rating

4.7

Rewards Range

1% - 5%

Annual Fee

$0

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