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You can now pre-qualify for the business FNBO 2% Cashback card

SouthJamaica
Super Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card


@FinStar wrote:

@SouthJamaica wrote:

Inspired by this thread, I checked for prequalification and was prequalified, for a 15k limit and 20.24% APR.

 

I then applied and got the 2-4 week notice.

 

I have a hunch my application is being denied, and that the prequalification was not very meaningful.


Let us know how yours turns out!


It's been 18 days and I haven't heard a word. It's still marked "pending". They haven't asked me for a thing.

 

They pulled EX on the day of the application.


Total revolving limits 698000 (605000 reporting) FICO 8: EQ 721 TU 742 EX 715

Message 51 of 110
ocheosa
Valued Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card


@SouthJamaica wrote:

@FinStar wrote:

@SouthJamaica wrote:

Inspired by this thread, I checked for prequalification and was prequalified, for a 15k limit and 20.24% APR.

 

I then applied and got the 2-4 week notice.

 

I have a hunch my application is being denied, and that the prequalification was not very meaningful.


Let us know how yours turns out!


It's been 18 days and I haven't heard a word. It's still marked "pending". They haven't asked me for a thing.

 

They pulled EX on the day of the application.


@SouthJamaica , it may have gotten lost in the mail. Unfortunately, usps has still not recovered from its epic downfall. Give them a call, they should be able to update you on the status over the phone. And if a letter was sent, they should be able to forward a copy via email.

general customer svc: 1-800-819-4249

[11/21] Scores 8/9: 700-800s. Util: 1-2%. Inq/12: EQ 6, EX 7, TU 2. AAoA=5y, AoOA=34y, AoYA=0m.
Personal TCL: $304K. Affinity FCU: Cash Rewards VS, PLOC. AOD FCU VS. Cap One: QS MC, QS Visa, SavorOne, Walmart. Discover it CB. DSNB: Bloomies Amex, Macy's Amex. Elan[BOC] MCP MC. NFCU: cashRewards VS, Plat MC, Plat Visa, CLOC. PNC|BBVA: Points VS (x2), Cash Rewards VS. SECU MD VS. Truist|BB&T Bright. WF Propel. Misc: Overstock, Target.

Business TCL: $29K. AmEx: Amazon Prime, Lowe's. Citizens Bank ED Pts. FNBO Evergreen. Staples LOC. Quill Net30. Uline. Office Depot.
Message 52 of 110
SouthJamaica
Super Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card

Today, some 19 days after I applied, I received, via snail mail, a request that I send, by return snail mail, proof of my business's existence and address.

 

I guess this is a good sign Smiley Happy


Total revolving limits 698000 (605000 reporting) FICO 8: EQ 721 TU 742 EX 715

Message 53 of 110
FinStar
Moderator

Re: You can now pre-qualify for the business FNBO 2% Cashback card


@SouthJamaica wrote:

Today, some 19 days after I applied, I received, via snail mail, a request that I send, by return snail mail, proof of my business's existence and address.

 

I guess this is a good sign Smiley Happy


I'd say that if you feel comfortable in doing so or sending it via CMRR (or whichever secure method you prefer), then it appears that it could have a positive outcome.

Message 54 of 110
ocheosa
Valued Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card


@SouthJamaica wrote:

Today, some 19 days after I applied, I received, via snail mail, a request that I send, by return snail mail, proof of my business's existence and address.

 

I guess this is a good sign Smiley Happy


Very good sign! Congrats!

 

Call and request loan analysts email, or fax to the number on the letter, to expedite the process. If you fax call to confirm receipt, mine was lost in cyberspace.

[11/21] Scores 8/9: 700-800s. Util: 1-2%. Inq/12: EQ 6, EX 7, TU 2. AAoA=5y, AoOA=34y, AoYA=0m.
Personal TCL: $304K. Affinity FCU: Cash Rewards VS, PLOC. AOD FCU VS. Cap One: QS MC, QS Visa, SavorOne, Walmart. Discover it CB. DSNB: Bloomies Amex, Macy's Amex. Elan[BOC] MCP MC. NFCU: cashRewards VS, Plat MC, Plat Visa, CLOC. PNC|BBVA: Points VS (x2), Cash Rewards VS. SECU MD VS. Truist|BB&T Bright. WF Propel. Misc: Overstock, Target.

Business TCL: $29K. AmEx: Amazon Prime, Lowe's. Citizens Bank ED Pts. FNBO Evergreen. Staples LOC. Quill Net30. Uline. Office Depot.
Message 55 of 110
SouthJamaica
Super Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card

OK Thanks @FinStar and @ocheosa

I took your suggestion, telephoned, and

emailed the documents to them.

 


Total revolving limits 698000 (605000 reporting) FICO 8: EQ 721 TU 742 EX 715

Message 56 of 110
SouthJamaica
Super Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card

OK Well here's the bottom line:

 

Approved for 15k starting limit, which is the limit that was in the preapproval.

It took 24 days from application (within the 2-4 weeks they had projected).

They pulled EX. My EX FICO 8 at the time was 713. I don't know which scoring model they look at.

I had substantial recent inquiries in EX. No new accounts though.

Had substantial aggregate utilization at the time, in the neighborhood of 34-35%.

The only documents they asked for were the company's organization documents and proof of address, which happened to be the same document.

 

Very glad to add a 2% cash back, no annual fee, non-Amex, business card.  The 0% introductory APR is icing on the cake.

 


Total revolving limits 698000 (605000 reporting) FICO 8: EQ 721 TU 742 EX 715

Message 57 of 110
OptimalCS
Frequent Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card

Thanks for sharing. I pulled the trigger and was approved for $12K. 

"Wisdom is the principal thing..."
Message 58 of 110
ocheosa
Valued Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card


@SouthJamaica wrote:

OK Well here's the bottom line:

 

Approved for 15k starting limit, which is the limit that was in the preapproval.

It took 24 days from application (within the 2-4 weeks they had projected).

They pulled EX. My EX FICO 8 at the time was 713. I don't know which scoring model they look at.

I had substantial recent inquiries in EX. No new accounts though.

Had substantial aggregate utilization at the time, in the neighborhood of 34-35%.

The only documents they asked for were the company's organization documents and proof of address, which happened to be the same document.

 

Very glad to add a 2% cash back, no annual fee, non-Amex, business card.  The 0% introductory APR is icing on the cake.

 


Congratulations! Sure it may have been a bit of a nuisance waiting for the letter and all but well worth the benefit. Enjoy!

[11/21] Scores 8/9: 700-800s. Util: 1-2%. Inq/12: EQ 6, EX 7, TU 2. AAoA=5y, AoOA=34y, AoYA=0m.
Personal TCL: $304K. Affinity FCU: Cash Rewards VS, PLOC. AOD FCU VS. Cap One: QS MC, QS Visa, SavorOne, Walmart. Discover it CB. DSNB: Bloomies Amex, Macy's Amex. Elan[BOC] MCP MC. NFCU: cashRewards VS, Plat MC, Plat Visa, CLOC. PNC|BBVA: Points VS (x2), Cash Rewards VS. SECU MD VS. Truist|BB&T Bright. WF Propel. Misc: Overstock, Target.

Business TCL: $29K. AmEx: Amazon Prime, Lowe's. Citizens Bank ED Pts. FNBO Evergreen. Staples LOC. Quill Net30. Uline. Office Depot.
Message 59 of 110
spiritcraft1
Valued Contributor

Re: You can now pre-qualify for the business FNBO 2% Cashback card


@SouthJamaica wrote:

OK Well here's the bottom line:

 

Approved for 15k starting limit, which is the limit that was in the preapproval.

It took 24 days from application (within the 2-4 weeks they had projected).

They pulled EX. My EX FICO 8 at the time was 713. I don't know which scoring model they look at.

I had substantial recent inquiries in EX. No new accounts though.

Had substantial aggregate utilization at the time, in the neighborhood of 34-35%.

The only documents they asked for were the company's organization documents and proof of address, which happened to be the same document.

 

Very glad to add a 2% cash back, no annual fee, non-Amex, business card.  The 0% introductory APR is icing on the cake.

 


Congrats...  EX Bankcard 09 is what they use. 


|Biz | AU

Rebuilding from a sudden, swift and complete credit disaster in early 2014 | Starting Scores 2017 = High 300's - Low 400's
8-1-18 -
Current F08 -
Current 2,4,5 -
Current F09 -

No PG Biz Credit in Order of Approval - Uline, Quill, Grainger, SupplyWorks, MSC, Amsterdam, Citi Tractor Supply Rev .8k, Amazon Net 55 $5.5k, NewEgg Net 30 10k, Richelieu 2k, Wurth Supply 2k, Global Ind 2k, Sam's Club Store 11.k, Shell Fleet 19.5k, Citi Exxon 2.5k, Dell Biz Revolving $15k
Message 60 of 110
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