topic Re: Old National Bank Platinum Elite Edition Visa? in Credit Cards

Old National Bank Platinum Elite Edition Visa? UPDATE

credit_endurance — Sun, 23 Jul 2017 13:34:45 GMT

Just got an offer in the mail from Old National Bank offering a Visa card with no AF, 5.99 Apr fixed rate for life, 0% Apr until February 2018, and free Fico score access. Haven't really heard of them before so don't know what to think of this. Has anyone else had any experience with this bank?

**7/23/17** Finally got up the nerve to apply for this card after much research and member thoughts/suggestions. Applied on Tuesday and got the pending review msg.Knowing that they manually review 99 percent of their apps, are very conservitive and inquiry sensitive. I decided to not call them and wait things out. So friday came around and decided to check on the application status link and to my immediete suprise was an approval sittng there for $8,000 SL! I am just stocked to get in with this bank and lokking forward to the sp cli opportunities that come around every 3-4 months. Special thanks to galahad15, woodyman100, creditmagic7, Irish80 and others who helped me along through making this decision.**

Re: Old National Bank Platinum Elite Edition Visa?

peghede — Fri, 07 Jul 2017 13:37:09 GMT

Cards are issued by First Bankcard®, a division of First National Bank of Omaha

Re: Old National Bank Platinum Elite Edition Visa?

credit_endurance — Fri, 07 Jul 2017 13:59:32 GMT

@peghede wrote:
Cards are issued by First Bankcard®, a division of First National Bank of Omaha

I see. Yes have heard of First Bankcard before but have never applied products. Do you have any experience with thief? Are they a conservative lender?

Re: Old National Bank Platinum Elite Edition Visa?

galahad15 — Fri, 07 Jul 2017 14:34:37 GMT

Wow, very nice offer that you have there! If I were in your shoes, I would definitely jump on it, lol

On the question about FNBO, yes they do tend to be a conservative lender, but IME (I have 3 cards with them), once you're in with them, you're in and they will treat you very well. One of the best features of an FNBO card is that every 3-4 months, you can call in to ask for a SP CLI on a per-card basis, which is how over the past 2 years, I was able to build one card with a SL of ~$2k to a current CL of $20k, and another card from a ~$4k SL also to $20k CL today. Based on my exp. with them so far, I have nothing but good things to say about them.

Re: Old National Bank Platinum Elite Edition Visa?

AverageJoesCredit — Fri, 07 Jul 2017 14:36:04 GMT

Wow, thats a great apr. I knew Galahad would sniff this one out in a ficosecond

Re: Old National Bank Platinum Elite Edition Visa?

credit_endurance — Fri, 07 Jul 2017 15:06:06 GMT

@galahad15 wrote:
Wow, very nice offer that you have there! If I were in your shoes, I would definitely jump on it, lol

On the question about FNBO, yes they do tend to be a conservative lender, but IME (I have 3 cards with them), once you're in with them, you're in and they will treat you very well. One of the best features of an FNBO card is that every 3-4 months, you can call in to ask for a SP CLI on a per-card basis, which is how over the past 2 years, I was able to build one card with a SL of ~$2k to a current CL of $20k, and another card from a ~$4k SL also to $20k CL today. Based on my exp. with them so far, I have nothing but good things to say about them.

Thanks so much for sharing your experience. I wanting to decifer through the fine print a little further to make sure I didn't miss anything and here is where it becomes confusing to me it says:

"Save interest on balance transfers"

5.99% APR Fixed for Life

Until paid in full on balance transfers made in the first 3 billing cycles

Even if interest rates go up your 5.99% Apr is fixed for life made with the first 3 billing cycles

" it will stay the same for as long as it takes to be repaid"

0% intro APR on purchases until February 2018

After the intro rate expires a variable APR between 14.24 and 21.24% will apply depending on how you meet our credit criteria,based on the prime rate.

So does the 5.99 APR for life on apply toward my balance transfers only? And wouldn't actually be my permanent fixed apr rate? Do you know which credit bureau they pull?

Re: Old National Bank Platinum Elite Edition Visa?

galahad15 — Fri, 07 Jul 2017 19:09:21 GMT

@credit_endurance wrote:
@galahad15 wrote:
Wow, very nice offer that you have there! If I were in your shoes, I would definitely jump on it, lol

On the question about FNBO, yes they do tend to be a conservative lender, but IME (I have 3 cards with them), once you're in with them, you're in and they will treat you very well. One of the best features of an FNBO card is that every 3-4 months, you can call in to ask for a SP CLI on a per-card basis, which is how over the past 2 years, I was able to build one card with a SL of ~$2k to a current CL of $20k, and another card from a ~$4k SL also to $20k CL today. Based on my exp. with them so far, I have nothing but good things to say about them.
Thanks so much for sharing your experience. I wanting to decifer through the fine print a little further to make sure I didn't miss anything and here is where it becomes confusing to me it says:
"Save interest on balance transfers"
5.99% APR Fixed for Life
Until paid in full on balance transfers made in the first 3 billing cycles
Even if interest rates go up your 5.99% Apr is fixed for life made with the first 3 billing cycles
" it will stay the same for as long as it takes to be repaid"

0% intro APR on purchases until February 2018
After the intro rate expires a variable APR between 14.24 and 21.24% will apply depending on how you meet our credit criteria,based on the prime rate.

So does the 5.99 APR for life on apply toward my balance transfers only? And wouldn't actually be my permanent fixed apr rate? Do you know which credit bureau they pull?

Thanks for sharing more of the very interesting detais about the offer -- also definitely some very good questions! Based on the helpful offer language you had provided, I think maybe the best thing to do might perhaps be to call the phone number listed on the offer, so that you can inquire definitvely for sure with the card issuer if the 5.99% F for life APR is a go-to rate for purchases after the 0% promo offer expires, or if it only applies to certain BT offers? Also since the language appears to mention a reference to something about the 14.24% - 21.24% V range that you had listed above? (Btw, I genuinely hope that the 5.99% F for life APR applies as a go-to rate for you as that would be truly awesome; please let us know what you find out? ) Again all kind wishes and best of luck to you!

ETA: also just wanted to mention even if it turns out to be the worst-case scenario where the 5.99% F for life rate applies only to certain BT offers, the good news is that you can still apply for the BEFCU VISA, as low as 4.99% F on purchases and BT. The CU page mentions certain geo restrictions and only certain groups as eligible, but I was able to successfully app outside of the listed geo info, and so the card may technically be open to anyone in the U.S. apping for it -- if you need or would like more info, pls feel free to PM me.

Re: Old National Bank Platinum Elite Edition Visa?

Anonymous — Fri, 07 Jul 2017 16:54:37 GMT

Looks like the 5.9% is just for BTs. I can't see any credit card giving you that low of a rate for 'life' for purchases

Re: Old National Bank Platinum Elite Edition Visa?

galahad15 — Fri, 07 Jul 2017 17:01:07 GMT

@Anonymous wrote:
Looks like the 5.9% is just for BTs. I can't see any credit card giving you that low of a rate for 'life' for purchases

Cap1 actually did do that low of a go-to range on purchases for certain super-prime cards they offered, back in the early- to mid-2000's or thereabouts -- alas very sadly though, they also did not always necessarily honor their own "for life" terms, especially during the time of CARD Act.

Re: Old National Bank Platinum Elite Edition Visa?

CreditMagic7 — Fri, 07 Jul 2017 17:01:49 GMT

Old National Bank is a widespread regional one with branches all around Indiana.

I'm almost surprised that they haven't once solicited anything my way but then i am pretty well locked in with their nearest regional competitors so they likely have no motive to make a move in that direction. I am sure they are well aware of that.

As mentioned their cards are provided through FNBO.

Forum member 12njoy actually was approved for an Old National Bank Amex brand i think if memory serves, about a year ago.

And it is also correct that low rate is for BT's only.

Re: Old National Bank Platinum Elite Edition Visa?

credit_endurance — Fri, 07 Jul 2017 19:01:29 GMT

Thanks everyone for the responses. I will give them a call and try to get more info to share. @galahad15 I just might take you up on that offer.

Re: Old National Bank Platinum Elite Edition Visa?

woodyman100 — Sat, 08 Jul 2017 01:20:03 GMT

I have this offer on my Platinum card. FNBO sent the offer last month. Good until Sept

Not a bad deal at all.

Re: Old National Bank Platinum Elite Edition Visa?

Anonymous — Sat, 08 Jul 2017 06:14:06 GMT

@Anonymous wrote:
Looks like the 5.9% is just for BTs. I can't see any credit card giving you that low of a rate for 'life' for purchases

@I have two - WF and FBNP Prime for Life. Although they have small annual fees like 79 & 89. Had the WF for almost 10 years not @3-25-3.75%

Re: Old National Bank Platinum Elite Edition Visa?

credit_endurance — Sat, 08 Jul 2017 14:02:59 GMT

@woodyman100 wrote:
I have this offer on my Platinum card. FNBO sent the offer last month. Good until Sept
Not a bad deal at all.

Do you think you will go for it ? Im still debating. Just don't wan't to get stuck with a low SL.

Re: Old National Bank Platinum Elite Edition Visa?

woodyman100 — Sat, 08 Jul 2017 14:56:09 GMT

@credit_endurance wrote:
@woodyman100 wrote:
I have this offer on my Platinum card. FNBO sent the offer last month. Good until Sept
Not a bad deal at all.
Do you think you will go for it ? Im still debating. Just don't wan't to get stuck with a low SL.

I took them up on it.

i've been slowly building a house and I went over budget and had to finance a bit

Re: Old National Bank Platinum Elite Edition Visa?

CreditMagic7 — Sat, 08 Jul 2017 17:14:46 GMT

@woodyman100 wrote:
@credit_endurance wrote:
@woodyman100 wrote:
I have this offer on my Platinum card. FNBO sent the offer last month. Good until Sept
Not a bad deal at all.
Do you think you will go for it ? Im still debating. Just don't wan't to get stuck with a low SL.
I took them up on it.
i've been slowly building a house and I went over budget and had to finance a bit

Now that is really nice.

Bravo! on such an effort and bringing it to reality.

Re: Old National Bank Platinum Elite Edition Visa?

JoeLuvsHisCredit — Sat, 08 Jul 2017 18:11:10 GMT

@CreditMagic7 wrote:
@woodyman100 wrote:
@credit_endurance wrote:
@woodyman100 wrote:
I have this offer on my Platinum card. FNBO sent the offer last month. Good until Sept
Not a bad deal at all.
Do you think you will go for it ? Im still debating. Just don't wan't to get stuck with a low SL.
I took them up on it.
i've been slowly building a house and I went over budget and had to finance a bit
Now that is really nice.

Bravo! on such an effort and bringing it to reality.

Wow that's very nice I always wanted a brand new house but I always had a older house like 1950's to 1960's. My house is paid off so I willn't be moving anytime soon lol I even had realtors coming by and asking if I would consider selling for over 250K I said NO!!!!!!!! I am in town but I have a 4 acs lot and no houses behind me just a park LOL

Re: Old National Bank Platinum Elite Edition Visa?

woodyman100 — Sun, 09 Jul 2017 20:53:52 GMT

I have told myself no more mortgages.
I'm building it a little at a time as i can afford it.
I did the underground and the slab last year and i built the structure this year.
Have to pay off the 10g over budget and save for the interior.
Went over because i didn't realize i'm 52 and not 32 anymore. Surrendered and hired some men to help.
Sorry for hijacking your thread OP. Not my intention

Re: Old National Bank Platinum Elite Edition Visa?

JoeLuvsHisCredit — Sat, 08 Jul 2017 18:56:13 GMT

@woodyman100 wrote:
I have told myself no more mortgages.
I'm building it a little at a time as i can afford it.
I did the underground and the slab last year and i built tbe structure this year.
Have to pay off the 10g over budget and aave for the interior.
Went over because i didn't realize i'm 52 and not 32 anymore. Surrendered and hires some men to help.
Sorry for hijacking your thread OP. Not my intention

I understand 10000000000% you sound just like me I always want to do everything to save money on the house etc even if it kills me lol BTW I am 46 so we are in the same shoes not being able to do things like we were 32 or younger I wish we could change the life time back lol

Re: Old National Bank Platinum Elite Edition Visa?

TiggerDat — Sat, 08 Jul 2017 21:21:01 GMT

FNBO will offer such balance transfer rates to you. They will also offer 0% for a year. As long as you make payments on time, they increase the limit without even being asked. They might do it less often than if you ask though. I never ask and my limit with them is the highest I have and I expect it to go even higher in they next month or two. I just keep getting letters from them tell me what they have done. They offered me a 5.99% balance transfer that I used for my niece. It was for the length of the bt.

topic Re: Old National Bank Platinum Elite Edition Visa? in Credit Cards

Old National Bank Platinum Elite Edition Visa? **UPDATE**

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Old National Bank Platinum Elite Edition Visa? UPDATE