topic Re: FNBO cli in Credit Card Approvals

FNBO cli

RootDet — Wed, 28 Apr 2021 19:03:52 GMT

Hi all,

I once had a $30k CL on my FNBO card. I got a letter few years ago that they reduced it to $15k as i did not use enough of the credit line. Fair enough, it did make me mad though and I considered closing the card. Kept it around as I otherwise never had an issue with it, and had a fixed apr of 9.99%. But, it was a flip of a coin type of decision. Even I can be petty too.

Over time I kept trying for a cli once the system would accept it. I would eventually call it, get told no. Try the online form, get told no as they always wanted to pull the CR and I keep it frozen at a temp colder than a blizzard for DQ. I was however always trying to go for the original $30k back.

This last time i tried going for something smaller $20k so a cli of $5k, and it came back instantly approved. There is not a lot of guidance about the SP CLI with FNBO but I am willing to be 2x CLI was probably too much for a sp, so somewhere around $0-5k is probably the magic number. I will test my theory in another 6 months when I ask for another $5k to bring me to $25k.

just wanted to provide some background info as this issuer is certainly less transparent about the process than others.

Re: FNBO cli

M_Smart007 — Wed, 28 Apr 2021 19:08:04 GMT

Congratulations on your FNBO CLI !

Re: FNBO cli

Anonymous — Wed, 28 Apr 2021 19:23:29 GMT

Congratulations!

Just an observation, have noticed a few lenders doing 1/2x CLI's

Re: FNBO cli

AllZero — Wed, 28 Apr 2021 19:27:00 GMT

Congratulations on your CLI!

Re: FNBO cli

tbque — Wed, 28 Apr 2021 19:30:49 GMT

Congrats on the FMBO CLI!

Re: FNBO cli

gdale6 — Wed, 28 Apr 2021 20:55:26 GMT

Grats on your CLI

5K is the max CLI with the sp AFAIK and using the online request is always an hp.

Re: FNBO cli

RootDet — Wed, 28 Apr 2021 21:37:46 GMT

Actually, i had this before. the online request is a HP unless it comes back with instant approval.

Instant approval = SP

manual review = HP

Re: FNBO cli

Credit4Growth — Wed, 28 Apr 2021 21:54:55 GMT

Congratulations! 🍻

Re: FNBO cli

Credit4Growth — Wed, 28 Apr 2021 21:55:50 GMT

@RootDet wrote:
Actually, i had this before. the online request is a HP unless it comes back with instant approval.

Instant approval = SP
manual review = HP

🤔 Good to know!

Re: FNBO cli

CreditAggie — Wed, 28 Apr 2021 22:21:03 GMT

Congratulations on your FNBO CLI!

Re: FNBO cli

PullingMeSoftly — Wed, 28 Apr 2021 23:31:49 GMT

Congrats on the increase! Regardless of the original limit, you still have a nice amount as is.

Re: FNBO cli

Mr_Mojo_Risin — Wed, 28 Apr 2021 23:41:24 GMT

Pretty sweet CLI, working your way back to that 30K! Congratulations

Re: FNBO cli

Total80sKid — Thu, 29 Apr 2021 07:19:05 GMT

Nice job on getting that CLI!

Re: FNBO cli

RootDet — Thu, 29 Apr 2021 08:48:04 GMT

It is much riskier as opposed to calling and asking for a SP increase. You certainly are rolling the dice and hoping to not get snake eyes