How to Set Up Credit One Express Payment

Credit One credit cards, not to be confused with Capital One credit cards, offer little to no rewards for their holders. Applying for Credit One cards are almost like a shot in the dark at times; you don’t know exactly which card nor what aspects on the card you’re going to receive until after applying. Furthermore, many of their policies are not very straightforward, especially when it comes to payments. 

Making payments on time is a priority when it comes to any type of credit card. Credit One has a reputation as a company to have a lot of complaints when it comes to payment policies, so the best thing you can do if you are a Credit One cardholder is to educate yourself. Here is a link to Credit One’s official FAQ page.

In this article, we’ll take a look at what Express Payments for Credit One are, how to set them up, and how they differ from Credit One’s Standard Payment option.

What are Express Payments?

Credit One statement payments take a long time to process, which is key to keep in mind. An Express Payment is an option for you to pay your credit card statement and have it processed faster than usual. It costs you a $9.95 fee in order to choose this option. Here are some important things to know.

With Express Payments, you have two ways to pay: through your debit card or through your bank account directly. Each method of payment has different policies.

• For Debit Card Payments: If you pay on Sunday to Friday before 2:00 p.m. (Pacific Time), your payment should be processed within the next business day. If you pay by Saturday before 2:00 p.m. (Pacific Time), your payment should be processed within two business days. The confounding language they use is “your available credit will increase,” which we interpret to mean your payment will go through.
• For Bank Account Payments: If you make an Express Payment on Sunday to Friday before 2:00 p.m. (Pacific Time), your “available credit will reflect the first $100” in the next day. However, the FAQ page then says “The balance of your payment will increase your available credit within 7 days.” We believe this means that only part of your payment is processed in two days while the rest takes a whole week. This could leave a lot of possibilities for your payment to be counted late, so if you have further questions, contact Customer Service at 1-877-825-3242.
• If Saturday is the last day of the month, payments made on the following Sunday before 2:00 p.m. will take two days to process.

You always want to prioritize paying on time, so if you have to use an Express Payment for Credit One, we recommend paying with your debit or ATM card. Try to do so well before your monthly payment date.

How Do I Set Up Express Payments?

In order to set up Express Payments, log into your Credit One account and navigate to the regular payments page. There should be an option for Express Payments—just keep in mind the $9.95 fee and the time frames for payment processing.

How are Standard Payments Different?

Standard Payments can only be made with a bank account, and your payment will be processed within 7 days. In order to be sure, try and make your payments 7 business days before your monthly billing date. Late payments should always be avoided if possible.

Conclusion

Despite all of the confusing policies, always be sure to keep track of your upcoming billing date. Try and pay well over a week before your billing date arrives. If you must use an Express Payment, try and use a debit card if your statement is over $100. Always keep an active eye on your payments—you can never be too early, but you can always be too late.