Reply
Established Contributor
Posts: 985
Registered: ‎09-10-2012
0

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

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.

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Established Contributor
Posts: 985
Registered: ‎09-10-2012
0

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

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

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Established Contributor
Posts: 869
Registered: ‎07-04-2012
0

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

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.
Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Moderator Emeritus
Posts: 7,225
Registered: ‎09-16-2011
0

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

Definately use Discover... 


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



Take the myFICO Fitness Challenge
Established Contributor
Posts: 631
Registered: ‎07-29-2010
0

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

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.

Discover IT $25K | FNBO Visa $22K | Citi Forward $14.5K | US Bank Cash+ Visa Sig $15K | Priceline/Barclays $10K | Chase Freedom $10.5K | Amazon/Chase Visa Sig $8.3k | Citi Double Cash $6.5K | BoA Cash Rewards 1-2-3 Sig $7.5K | Sallie Mae World MC/Barclays $5K | Capital One Cash Rewards $5K | Commerce Bank $5K | WF Cash Back Visa $3.6K | Amazon/GEMB $2.5K | Younkers/Comenity $2.4K | AMEX BCE $2K Target $1K | AMEX Green
EX FICO (from AMEX): 754, TU08 FICO (from Discover): 755, AAoA: 3.6 years
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.