Credit Card Center Advertiser Disclosure†
12-19-2012 06:30 PM - edited 12-19-2012 06:31 PM
A few days ago I got a pre-approval for the First National Bank of Omaha American Express Card. 2% on gasoline and groceries, 1% on everything else, 15.99 rate, and zero intertest until January 2014, no pre-set spending limit.They claim it is only open to a select few, but it is right on their website for all to apply for. I may be making some purchases next year that would do good not being paid for a while so I went ahead and applied.
I then got nervous when I saw that they were very conservative and did not like new accounts or inquiries. I applied yesterday and today the status says approved for 10000. I really thought I would only get 1500 or get declined. So maybe they really do mean it when they say one is pre-approved
Score: 730-750, Experian seems to be impossible to lower below that
Inquiries: Twenty one total (all in the past year), ten in the past six months.
New accounts: Twelve in the past year
Highest limits reporting right now: 10000-Macy's American Express, 7500 Fidelity American Express (FIA), a few others at or above 5000.
Age of history, Two years, eight months
Average age of accounts: one year?
12-19-2012 06:45 PM
And interesting credit profile. I mean, thats a lot of activity in 12 months. I wouldn't have thought you'd be approved. But its awesome you were!
12-19-2012 07:06 PM
Thank you. I have had a lot of luck with issuers, and it is purely luck. Chase only recently gave me a 1000 increase though, so they are a bit tough. Others seem to be fine and not even ask about the inquiries and new accounts.I do not plan on drawing their attention to the card though, it may have been a glitch, haha.
12-19-2012 10:35 PM
FNB is very generous in CLI, my wife got 5400 CLI which is more than double of any of existing card. Today we signed up jointly for BoA visa siggy and approved based on FNB high limit..
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.