topic Re: FNBO Preapproval, should I do it? in Credit Cards

FNBO Preapproval, should I do it?

TiggerDat — Wed, 29 May 2013 15:43:17 GMT

So I just got a preapproved offer for First National Bank of Omaha for the Amex card version, should I do it? I realize it means stepping out of the garden to do so, but I have heard getting this preapproval offer is a good thing. I heard they give high limits usually, just like Compass. I don't have an Amex card yet and I think the FNBO is easier to get than a regular one, so I was think I should just go ahead and do it.

Any advice pro or con is greatly appreciated.

Re: FNBO Preapproval, should I do it?

myjourney — Wed, 29 May 2013 15:47:01 GMT

@bernhardtra wrote:
So I just got a preapproved offer for First National Bank of Omaha for the Amex card version, should I do it? I realize it means stepping out of the garden to do so, but I have heard getting this preapproval offer is a good thing. I heard they give high limits usually, just like Compass. I don't have an Amex card yet and I think the FNBO is easier to get than a regular one, so I was think I should just go ahead and do it.

Any advice pro or con is greatly appreciated.

I have one too i'm sitting on Lol

From my research they are a conservative lender and it's all manual review but I hear the same thing about good limits

Re: FNBO Preapproval, should I do it?

TiggerDat — Wed, 29 May 2013 15:52:50 GMT

When I spoke with them the CSR said that if it was the Amex version it was a really good sign. Yeah, I know, I know, they all say that. He did go on however to tell me they don't do preapproval for that card often. I am a little skeptical about what he said yes, but from other readings I have heard good things, just wanted to put it out there directly for as much feedback as I can. I even went as far as paying off all the upcoming bills in full so my util will be below 10% when they pull. I will think about it and wait for a few weeks so as to make sure the timing is right.

Re: FNBO Preapproval, should I do it?

myjourney — Wed, 29 May 2013 15:58:08 GMT

@bernhardtra wrote:
When I spoke with them the CSR said that if it was the Amex version it was a really good sign. Yeah, I know, I know, they all say that. He did go on however to tell me they don't do preapproval for that card often. I am a little skeptical about what he said yes, but from other readings I have heard good things, just wanted to put it out there directly for as much feedback as I can. I even went as far as paying off all the upcoming bills in full so my util will be below 10% when they pull. I will think about it and wait for a few weeks so as to make sure the timing is right.

You and me both mine is good until July 3rd Lol

Good luck should you pull the trigger

Re: FNBO Preapproval, should I do it?

Anonymous — Wed, 29 May 2013 16:37:16 GMT

I got a preapproval from them for the Amex last year and went for it. They approved me and gave me my highest limit at the time. I love FNBO and have nothing bad to say about them. Their customer service is great and I have already got a cli with them. I like the way they do those. You call them every 4-6 months and just ask if you have a preapproved increase waiting on your account. If so, they give it to you with no pull. They have already mad the decision to up your limit and all you have to do is check and see. You can also called and request one but it will be a hp. I hope this helps wtih your decision!

Re: FNBO Preapproval, should I do it?

myjourney — Wed, 29 May 2013 16:39:36 GMT

@Anonymous wrote:
I got a preapproval from them for the Amex last year and went for it. They approved me and gave me my highest limit at the time. I love FNBO and have nothing bad to say about them. Their customer service is great and I have already got a cli with them. I like the way they do those. You call them every 4-6 months and just ask if you have a preapproved increase waiting on your account. If so, they give it to you with no pull. They have already mad the decision to up your limit and all you have to do is check and see. You can also called and request one but it will be a hp. I hope this helps wtih your decision!

Not even my thread and it helped me thanks snowkitty

Re: FNBO Preapproval, should I do it?

NCGirl — Wed, 29 May 2013 16:40:55 GMT

I received that preapproval a couple of months ago. I called and applied and was approved. But it's not an instant approval. They do a manual review which will take several days, I had to call them a couple of time before the information even showed in their system. The limit I received was on $3000. And they told me that I would have to wait about six months before they will raise it. I didn't like that because my beginning limit on my BCE was 6,500. I just started using the card so I can't tell you much about my experiences yet. But every time I have received a pre-approval, I have gotten the card... that is, if I applied. I have thrown away tons of pre-approvals from Chase, Citi and Capital One. I need time to allow my inquires to fall off before I will take another pre-approval offer.

Also, they indicated, that as long as your credit report hadn't changed much since they sent the offer then you should be okay. So hopefully, you don't have a bunch of recent inquires.

Re: FNBO Preapproval, should I do it?

Anonymous — Wed, 29 May 2013 16:40:56 GMT

@myjourney wrote:
@Anonymous wrote:
I got a preapproval from them for the Amex last year and went for it. They approved me and gave me my highest limit at the time. I love FNBO and have nothing bad to say about them. Their customer service is great and I have already got a cli with them. I like the way they do those. You call them every 4-6 months and just ask if you have a preapproved increase waiting on your account. If so, they give it to you with no pull. They have already mad the decision to up your limit and all you have to do is check and see. You can also called and request one but it will be a hp. I hope this helps wtih your decision!
Not even my thread and it helped me thanks snowkitty

Your welcome!

Re: FNBO Preapproval, should I do it?

TiggerDat — Wed, 29 May 2013 22:00:10 GMT

Well from the looks of it I should apply. I imagine it will be a fairly decent credit limit and give me more luv than Barclays, Capital One, Household, or the Marathon Visa I have. It seems like Barclays likes everyone but me. I have had the account for 9 months and used it pretty heavily and no luvin. We all know the difficulties in Capital One and HSBC. And the Marathon Visa gave me a 300 CLI, but I can't blame them, the increase is higher than what I have spent on the card. I mostly got it to have leverage with speaking to Capital One! At the time it was higher than any other card!

It looks like it is a good idea then to get this FNBO account and if they give me a higher limit then it might be helpful. A higher limit will be helpful in speaking to Capital One and when I go after the real deal Amex! Imagine having a $10,000 limit with the Compass $8,000 limit and calling HSBC/Capital One and asking for a CLI!

Sir what would you like your limit to be?

Factoring in the length of time I have had this account, the recent change to such excellent customer service, and my other cards, then I think you could match my most recent card.

But sir that limit is 20 times your current limit.

That is true and does this mean you are acknowledging you are very behind doing the right thing?

Then I can finally get a Venture Card upgrade!

Re: FNBO Preapproval, should I do it?

myjourney — Wed, 29 May 2013 22:03:32 GMT

@bernhardtra wrote:
Well from the looks of it I should apply. I imagine it will be a fairly decent credit limit and give me more luv than Barclays, Capital One, Household, or the Marathon Visa I have. It seems like Barclays likes everyone but me. I have had the account for 9 months and used it pretty heavily and no luvin. We all know the difficulties in Capital One and HSBC. And the Marathon Visa gave me a 300 CLI, but I can't blame them, the increase is higher than what I have spent on the card. I mostly got it to have leverage with speaking to Capital One! At the time it was higher than any other card!

It looks like it is a good idea then to get this FNBO account and if they give me a higher limit then it might be helpful. A higher limit will be helpful in speaking to Capital One and when I go after the real deal Amex! Imagine having a $10,000 limit with the Compass $8,000 limit and calling HSBC/Capital One and asking for a CLI!

Sir what would you like your limit to be?

Factoring in the length of time I have had this account, the recent change to such excellent customer service, and my other cards, then I think you could match my most recent card.

But sir that limit is 20 times your current limit.

That is true and does this mean you are acknowledging you are very behind doing the right thing?

Then I can finally get a Venture Card upgrade!

Lol make them play catch up

Re: FNBO Preapproval, should I do it?

BearsAndTurtlesRtheBest — Thu, 30 May 2013 00:21:47 GMT

I like your thinking bernhardtra. Let us know the results!

Re: FNBO Preapproval, should I do it?

Creditaddict — Thu, 30 May 2013 00:22:32 GMT

I think you all should apply that have the pre-approval!

My partner has offer for Amex too (but we are both done with credit right now!)

today

Re: FNBO Preapproval, should I do it?

TiggerDat — Fri, 31 May 2013 14:31:24 GMT

Well I did it, I pulled the trigger. I did the application and I hope for the best, they said 3-5 days and I should know something. I think in some situations they even do it the same day. I will certainly recon it if they say no. I will use the aspect of it was preapproved and they should have known how many inquiries I had.

So should I also go ahead and try for the Delta Amex too? After all I do have the inquiry already.

Re: FNBO Preapproval, should I do it?

Creditaddict — Fri, 31 May 2013 15:05:51 GMT

@bernhardtra wrote:
Well I did it, I pulled the trigger. I did the application and I hope for the best, they said 3-5 days and I should know something. I think in some situations they even do it the same day. I will certainly recon it if they say no. I will use the aspect of it was preapproved and they should have known how many inquiries I had.

So should I also go ahead and try for the Delta Amex too? After all I do have the inquiry already.

Id go for Delta and if they say no, Id go for the Gold Rewards Charge... Get your foot in door and it's free for a year and then in 6 months you would be in good place for your Delta.

Re: FNBO Preapproval, should I do it?

dodgerslv — Fri, 31 May 2013 15:07:51 GMT

@bernhardtra wrote:
Well I did it, I pulled the trigger. I did the application and I hope for the best, they said 3-5 days and I should know something. I think in some situations they even do it the same day. I will certainly recon it if they say no. I will use the aspect of it was preapproved and they should have known how many inquiries I had.

So should I also go ahead and try for the Delta Amex too? After all I do have the inquiry already.

Go for it!...lol. And keep us updated on FNBO!

Re: FNBO Preapproval, should I do it?

TiggerDat — Fri, 31 May 2013 19:39:19 GMT

WELL I DID IT and I GOT IT.

It was only a $2600 limit.

And once I got the message I got it I app'd for the Delta Sky Miles Directly and got that too.

I am so completely done apping for ever!

Well not exactly forever......

Re: FNBO Preapproval, should I do it?

Anonymous — Fri, 31 May 2013 21:41:19 GMT

@bernhardtra wrote:
WELL I DID IT and I GOT IT.

It was only a $2600 limit.

And once I got the message I got it I app'd for the Delta Sky Miles Directly and got that too.

I am so completely done apping for ever!

Well not exactly forever......

CONGRATS!!!

Re: FNBO Preapproval, should I do it?

BearsAndTurtlesRtheBest — Sun, 02 Jun 2013 01:56:19 GMT

Yeah! Congrats!!

Re: FNBO Preapproval, should I do it?

jamesdwi — Sun, 02 Jun 2013 02:03:09 GMT

I would say go for it.

Got approved for 6k CL, and 11 months later, one auto-CLI and one requested CLI (ask if they have a preapproved CLI in for me on the phone) and the card sits at $9500. Since the first month, I have never had a zero balance, 12 months zero percent interest, for both CLI's I had a balance over 30%, currently had 60% reporting on the card for the CLI, this bank feels pretty close to the GE of prime lenders, You can call in and check for CLI's every 3-4 months and if they have one its a SP.

This card is now my highest limit...

Re: FNBO Preapproval, should I do it?

TiggerDat — Sun, 02 Jun 2013 12:33:53 GMT

Thanks, it felt nice to get both.