topic Re: FNBO Making Things Stupid in Credit Cards

FNBO Making Things Stupid

gdale6 — Mon, 22 Feb 2021 21:47:59 GMT

Appears as of Feb 2021 minimum due now includes cents, what a waste..... If it were not for the good BT offers they would be closed.

Additional Information Regarding Your Account

The minimum payment amount due may include cents. It is calculated without rounding ortruncation. Please refer to your Rates and Terms Schedule and Cardmember Agreement formore detailed information on how we calculate your minimum payment.

Re: FNBO Making Things Stupid

AverageJoesCredit — Mon, 22 Feb 2021 21:53:36 GMT

I luv when Mods get dirty. Makes me wanna call Penfed , Pendr.......😄

Re: FNBO Making Things Stupid

gdale6 — Mon, 22 Feb 2021 22:08:16 GMT

@AverageJoesCredit wrote:
I luv when Mods get dirty. Makes me wanna call Penfed , Pendr.......😄

LOL. I moved on PenFed last week am eyeing their PCR.

Re: FNBO Making Things Stupid

FinStar — Mon, 22 Feb 2021 22:14:09 GMT

@AverageJoesCredit wrote:
I luv when Mods get dirty. Makes me wanna call Penfed , Pendr.......😄

Re: FNBO Making Things Stupid

blindambition — Mon, 22 Feb 2021 22:35:09 GMT

Why keep things easier for the consumer. A ridiculous change. A whole new meaning to nickel and dime.

Re: FNBO Making Things Stupid

pizza1 — Mon, 22 Feb 2021 22:36:26 GMT

How dare them nickel and dime us! LOL

Re: FNBO Making Things Stupid

CreditMagic7 — Mon, 22 Feb 2021 22:52:27 GMT

FNBO says- If you minimum us, we want your change too. Even 1 cent pieces.

Re: FNBO Making Things Stupid

JR_TX — Tue, 23 Feb 2021 04:19:06 GMT

Hey you wanna get even @gdale6 ?

Make your spend equal to your minimum payments for months then overpay them by a cent. And then have them mail you that penny overpayment each month via check!

That'll surely rile up their check cutters and envelope lickers!

🤪😁😅

Re: FNBO Making Things Stupid

gdale6 — Tue, 23 Feb 2021 04:20:15 GMT

@blindambition wrote:
Why keep things easier for the consumer. A ridiculous change. A whole new meaning to nickel and dime.

To them it means millions more a month.

Re: FNBO Making Things Stupid

AverageJoesCredit — Tue, 23 Feb 2021 12:20:36 GMT

@FinStar wrote:
@AverageJoesCredit wrote:
I luv when Mods get dirty. Makes me wanna call Penfed , Pendr.......😄

Lol, i didnt complete it in my defense. I wish i could counter this with a @UncleB Oh Boy gif😄

Re: FNBO Making Things Stupid

K-in-Boston — Tue, 23 Feb 2021 16:23:41 GMT

I can confirm this applies to their First Bankcard managed accounts, too. My China Airlines card minimum payment ended in .27 on this month's statement.

Re: FNBO Making Things Stupid

CreditMagic7 — Tue, 23 Feb 2021 16:32:08 GMT

On a more lighter note and unrelated. I must say all the years after i finally got in with FNBO they were also and i venture still are top notch. My cards saw regular & generous increases like clockwork on their schedule. Staff CSR's were always helpful and always up front to do with my card accounts or any other questions and concerns.

So what's pennies anymore anyway. Its still doable math.

Re: FNBO Making Things Stupid

Anonymous — Tue, 23 Feb 2021 21:17:07 GMT

I did find this stupid as well.

I know just like OP, I cant get rid of my FNBO.

Their 5.99/6.99% BT Offers are very inticing and have saved me so much on interest when I have a car repair or something that I can't just pay off in a month or two like my normal monthly charges.

Re: FNBO Making Things Stupid

DaveInAZ — Tue, 23 Feb 2021 22:00:43 GMT

@gdale6 wrote:
Appears as of Feb 2021 minimum due now includes cents, what a waste..... If it were not for the good BT offers they would be closed.

Additional Information Regarding Your Account

The minimum payment amount due may include cents. It is calculated without rounding ortruncation. Please refer to your Rates and Terms Schedule and Cardmember Agreement formore detailed information on how we calculate your minimum payment.

I have a FNBO card and yeah if it weren't for the good BT offers I'd dump it. But I didn' even notice my most recent statement had that for a minimum payment, Fifty-eight dollars and thirty-four cents. $58.34??? Seriously??? I've been making even $100 payments so I didn't notice. But next month I think I'll pay them $100.34, two can play that game.

But I always stop when I see a word I've never seen before: "Ortruncation"? Who the hell uses a word like that when communicating with customers? But it was a bit of a problem with your copy & paste, my statement says "It is calculated without rounding or truncation.

Re: FNBO Making Things Stupid

Anonymous — Wed, 03 Mar 2021 20:00:17 GMT

Funny how I just recently posted that FNBO has given great BT Offers but they even topped my best offer.

Originally I went with their 6.99% APR BT offer with no BT fee.

Recently I had some debt on my Citi Simplicity (they converted to Double Cash since) but it's 0% APR is expiring near end of June.

I was waiting to jump on their 5.99% Fixed with 1% BT fee offer as I still had time and wanted to maximize left Citi 0% months.

I'm glad I waited as just got offered 4.99% APR with 2% BT fee.

I don't really like 2% vs 1% fee and wish it was no fee like the 6.99% but I calculated, much better to hop on the 4.99% deal.

This makes up for my weird $89.52 minimum payment....LoL