I just got off of the phone with one of Credit One Bank's customer service reps. (I would've emailed them but that is not an option on their antiquated site.) I've had my card for nearly two years, have never missed a payment or been late. Not once, not ever. Despite my credit score of 722, I still am charged an annual fee, have a high interest rate (24%), and a very low credit limit ($950). I've been a loyal customer and have other cards with much lower rates, no annual fee and high credit limits. This card offers no perks / rewards to boot. The customer service rep I spoke to today informed me that their bank refuses to remove my annual fee or lower my credit score. I wouldn't recommend this card to anyone. Ever.
In short...
Activation Fee: $75
Annual Fee: $6.24/mo
Introductory Credit Limit: $500
Credit Increases: Infrequent and minimal