Amex (FNBO) / Discover CLI Questions....

Anonymous · ‎10-25-2012

I was approved for the FNBO Amex a few weeks ago and it has my highest limit so far. I am trying to gather my thoughts on how I am going to approach Christmas shopping this year. I would like for it all to be on 1 card and I will be paying more than the minimum amount due each month but will not pif until my taxes come in in Feb. or March. I have read that Amex is funny about you not paying in full but I also know this is not a "real" Amex card either. So am I safe to use just this card and pay how I said above or should I scatter it around the other cards? I just don't want several cards with balances on them for a few months. Any advice?

Also, I would prefer to use my Discover card for the 0% interest but with my limit only being 1500.00, I don't want to get a high balance on there. My second statement with them will cut today so I am sure there is no way I could ask for a cli? I have read on here that I need to wait 6 months....is that correct? I don't want to throw up any flags with Discover since I have opened a few new accounts since I opened with them.

Anonymous · ‎10-26-2012

Just bumping up.....I know somebody has to know something about FNBO Amex's right??

Anonymous · ‎10-26-2012

I don't think amex will care whether or not you carry a balance on your fnbo because they are not the bank lending you the money.
Fnbo will care and they are conservative so if you have other card you can let a balance report in, that would be best.

webhopper · ‎10-26-2012

Definately use Discover...

FICO 8:
Goal: Gardening!

andre181 · ‎10-26-2012

In my experience with FNBO, they absolutely don't mind you carrying a balance. That is my go to account if I plan on revolving something for more than 2 months.

I even paid off my car with a BT from FNBO for $9,000 and paid it off over about 11 months and only paid 4.9% APR. They didn't mind at all and gave me a CLI once it was paid.