Just received a credit card from credit one haven't used it. Haven't even actitated card. And yesterday I got a bill for $94.00 for fees. Do I have to pay this bill.

Why not contact them and ask why you got a bill for a card you never used. This could be a case of identity theft and you need to nip it in the bud.

Fees are different than purchases. What are the "fees "?

Credit One is a legalized scam card. I get offers for them in the mail all the time. I shred them.

I am assuming that you actually applied for it through one of their mailings, am I right? So your concern is what are they charging you for if you haven't used it...right?

Read the fine print...the disclosure information that you should have read before you accepted the card....

They not only nail you with high interest and low available credit amounts but they also charge you a yearly fee that's usually upwards of $75 along with a "user participation fee", or something along those lines.


EDIT-

https://prequal.creditonebank.com/te...opup/WQL4.aspx

Set-up and Maintenance Fees-

Annual Membership Fee:
$75 First year (Introductory period). $99 thereafter, billed monthly at $8.25

Authorized User Participation Fee:
$19 annually (if applicable).

NOTICE: The Annual Membership Fee will be billed to your Account when it is opened and will reduce the amount of your initial available credit. If your Account is established with a credit line of $300, your initial available credit will be $225.



You need to read...read...read and be careful before accepting terms to credit.

Odinn, good catch Looks like what the OP let himself in for.

Like I said, I get these all the time. It should be illegal really because their symbol and the way they write their name closely matches Capital One.