A: Credit Builder eligibility is based on credit history and is automatically available to most One customers who are (re)building their credit.
Q: Will applying for Credit Builder ding my credit score?
A: No! Applying for a One account or adding Credit Builder to your One account does not negatively impact your credit score.
Q: Do I need a new One card to spend from Credit Builder?
A: No! You can spend from the Credit Builder Pocket with the same One card. Assign your One card to the Credit Builder Pocket then spend as needed. You can reassign your One card to spend from another Pocket at any time.
Q: Will Credit Builder help improve my credit score?
A: Yes! Consistently spending from the Credit Builder Pocket can help build your credit history. One’s Credit Builder is like a credit builder card without any fees.
Q: Can I delete the Credit Builder Pocket?
A: Yes! Keeping the Credit Builder Pocket on your One dashboard while not actively spending from it does not negatively impact your credit score.
Q: How much money do I need to add to Credit Builder?
A: You’ll need to fund your Credit Builder Pocket with a minimum of $20. Easily fund by transferring from another Pocket into the Credit Builder Pocket.