Bank One Credit Card

Bank One Credit Card Interest Rates

With such a wide variety of Bank One credit cards available, the interest rate for each particular card varies depending on the card and the applicant. When Bank One teamed up with Chase credit card, they became a veritable credit card powerhouse, which allows them to offer a vast array of interest rates and terms. The interest rate attached to each card is subject to change if the cardholder does not stay within the agreed terms of the account. For example, a late payment on a credit card will probably result in a higher interest rate in addition to various late fees.

Rewards Cards

Bank One credit cards are available in a wide assortment of rewards cards. Cardholders can choose among several programs:

• Cash Back - Cardholders receive a small percentage of their purchases back as a reward, but with some programs the cash rewards are limited to certain purchases such as gasoline, groceries, or participating vendors. The disbursement of the cash rewards depends on the particular Bank One credit card program.
• Points - Depending on the program chosen, cardholders can earn points based on their eligible purchases made with the Bank One credit card. The points can be used to obtain a variety of merchandise including books, DVDs, kitchen supplies, or any other items included in the rewards program.
• Merchant-Specific Rewards - Various merchants, such as Amazon.com, Starbucks, and Disney offer rewards cards through Bank One which allow cardholders to earn rewards specific to the merchant. By using the credit card, the cardholder can earn rewards redeemable toward merchandise with that particular merchant.
• Savings - Bank One features reward programs which allow cardholders to earn money which is placed into an interest-bearing savings account. The amount of the rewards for purchases varies according to the program.
• Travel Cards - Cardholders earn rewards redeemable for traveling expenses including airline tickets, hotel stays, and rental cars. Some of the travel reward programs within the Bank One system are specific to certain travel companies while other programs are inclusive of various travel companies.

Vanity Cards

Bank One credit cards come in a variety of designs and logos. Cardholders can choose to personalize their credit cards with one of the many available designs:

• Alumni Credit Cards - These cards feature the logo or mascot of a college or university of the cardholder's choosing. Some of the alma mater card programs donate to the college or university every time the cardholder makes a purchase.
• Charity Cards - Various charitable organizations such as the ASPCA, Box Tops for Education, and the National Parks Conservation Association have teamed up with Bank One and Chase to offer credit cards which automatically donate a portion of the cardholder's spending directly to the charitable organization.
• Military Cards - These credit cards feature logos for a variety of military organizations. While some of these cards require membership into the military organization in order to qualify for the card, some of the cards are available to anyone who can get approved.
• Sport Cards - Many major and minor league teams are featured on these vanity cards. Cardholders choose a particular team, league, or sport for their card, and a few of the cards have special features for discounts or charitable donations with purchase.

Choices, Choices

Bank One offers so many different credit cards that it may be difficult to choose which one is the best for a cardholder's needs. Visit the Chase/Bank One website to review the long list of available cards. This site also features a tutorial to help visitors decide which credit card is most conducive to their needs. Customer service representatives are also available to assist applicants in finding the best credit card for them.