10-25-2012 06:02 AM
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.
10-26-2012 05:52 AM
Just bumping up.....I know somebody has to know something about FNBO Amex's right??
10-26-2012 08:57 AM
10-26-2012 08:59 AM
Definately use Discover...
10-26-2012 11:37 AM
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.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† 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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.