topic Re: FNBO approval....I can't believe it!!! in Credit Cards

FNBO approval....I can't believe it!!!

Anonymous — Fri, 12 Oct 2012 10:39:16 GMT

I got a preapproval in the mail for the First National Bank of Omaha for an Amex card. I thought I would give it a shot and gave them my information on Monday. I then read that they were very conservative and not a fan of recently opened accounts so I have been nervous and not really expecting them to approve me. I just checked my status and this is what it said

Your application was approved on 10/11/2012 with an initial credit line of $3,500.00. A card will be sent to you within 7-10 business days.

I am in shock and that is the highest limit I have!! I don't know much about Amex but will this one show up on my credit report as that being my limit or do amex's not count? I know this is through FNBO and not Amex but I don't really know what the difference is. I am hoping this will show as my limit and show that I can handle that much so when my time comes around for cli with my other cards, it will help me get bigger limits!!

Re: FNBO approval....I can't believe it!!!

KIPPIE12 — Fri, 12 Oct 2012 10:46:07 GMT

First of all, Congrats! This card will report the same way any card with a pre set credit line reports, ie......visa/mastercard/or co-branded Amex. The credit line reports every month, and whatever balance is owed on the account when the statement cycles each month, thus calculating into normal utilization. FNBO issues and services your Amex account under license from Amex, used on the Amex network. Enjoy!

Re: FNBO approval....I can't believe it!!!

AF_23 — Fri, 12 Oct 2012 10:49:53 GMT

FNBO is your issuer so it will show up as a normal revolving credit card with a 3500 limit. AmEx is simply the network in which it runs through. It is not a co-branded card so you are playing by FNBO's rules and terms. Congrats

Re: FNBO approval....I can't believe it!!!

shakalaka — Fri, 12 Oct 2012 11:00:00 GMT

Congrats

Re: FNBO approval....I can't believe it!!!

Smug — Fri, 12 Oct 2012 11:00:43 GMT

Why didn't you try for a real Amex?

Re: FNBO approval....I can't believe it!!!

Anonymous — Fri, 12 Oct 2012 11:01:03 GMT

Gosh, I am so excited and scared at the same time *lol* I really get confused about the Amex cards....that is one I have never had. So it is revolving? I had always heard that Amex was unlimited (within reason) and you had to pif each month. I pif anyways but I can run a balance on this one if I want right? That is revolving right?

Re: FNBO approval....I can't believe it!!!

Anonymous — Fri, 12 Oct 2012 11:13:54 GMT

I never applied for amex because I thought they were out of my league right now. What I have really been wanting is the chase freedom but I thought there would be no chance of that either. Maybe I have been eligible for better cards than I thought??

@Smug wrote:
Why didn't you try for a real Amex?

Re: FNBO approval....I can't believe it!!!

resilient — Fri, 12 Oct 2012 12:04:39 GMT

Congrats on your approval! I have the Chrysler MasterCard from FNBO, and I am all smiles with them so far! FNBO was my first prime card since my credit recovery, with a $4100 limit.

Re: FNBO approval....I can't believe it!!!

Anonymous — Fri, 12 Oct 2012 12:13:52 GMT

Congrats! Very encouraging since FNBO is something I'm considering come Christmas for a couple big gifts... Either that or an Apple card.

As for the Freedom, I got the Chase SouthWest card with a 3k limit and scores around 650-660. AAoA of 5 years at the time and 4 derog accounts (COs/Collections) that were all 5+ years old. At the time my highest limit was $950 from HSBC.

Re: FNBO approval....I can't believe it!!!

Jlu — Fri, 12 Oct 2012 13:18:17 GMT

Weren't you supposed to be gardening after this

http://ficoforums.myfico.com/t5/Credit-Cards/Please-help-I-m-alittle-nervous/m-p/1607026

...Congrats though..

Re: FNBO approval....I can't believe it!!!

nicholasyud — Fri, 12 Oct 2012 13:34:10 GMT

Very nice......

Re: FNBO approval....I can't believe it!!!

jsucool76 — Fri, 12 Oct 2012 13:42:44 GMT

Congrats snowkitty,

BUT, I really think you should hit the garden now. I've read/been a part of all of your threads about apping and you must have opened 11 or 12 accounts in the past month or two. I don't want you to start getting hit with AA for too many new accounts by anyone, nor do I want you to end up just getting addicted and sending in new appa every day and end up over your head.

Congrats, Good Luck, Use It Well.

Re: FNBO approval....I can't believe it!!!

beautybrainsbooty — Fri, 12 Oct 2012 18:18:04 GMT

Congratulations!!!!!

Re: FNBO approval....I can't believe it!!!

calihlove75 — Fri, 12 Oct 2012 18:33:03 GMT

@Anonymous wrote:
I never applied for amex because I thought they were out of my league right now. What I have really been wanting is the chase freedom but I thought there would be no chance of that either. Maybe I have been eligible for better cards than I thought??
@Smug wrote:
Why didn't you try for a real Amex?

I cannot believe your fico score has not been hammered by now with all the new cards. I swear to gawd if you go for the real Amex and get approved, I am applying now instead of waiting until March ..lol!!!

Congrats!

Re: FNBO approval....I can't believe it!!!

Anonymous — Fri, 12 Oct 2012 20:12:05 GMT

Thanks for the congrats everyone! I really am going into the garden to stay now. I was determined to garden but honestly, getting that preapproval in the mail was just too much temptation for me. I kept laying it to the side but it was all I could think about and it consumed me. I do not regret getting the card because I honestly believe that it will help take the credit limits on the my other cards to where I want them to be. But, I will be stronger when the next preapproval comes in. I have a good array of cards and they all serve a purpose for me.

Re: FNBO approval....I can't believe it!!!

webhopper — Fri, 12 Oct 2012 20:38:11 GMT

Snowkitty is the new Appbar

Congrats on your success Snowkitty