FNBO Do I Dare?

[Rudy1]

Last week I got something from FNBO just opened it and it is a offer for an FNBO travel card. Alright cool. I decided to look online at fnbo and they have a pre qual tool well they pre qualled me for a evergreen with a $14,000 credit limit and a set apr. Should I go for it? I don't know much about them what do they like to see what do they not like

[Rudy1]

I'm scared to exit out of the tab will it go away cause that would not make me happy.

Edit: I closed the tab then did it again it did not go away!

[SweetCreditObsession]

The Prequal tool is not a guarantee but the mailer may be a go. There's a huge thread here on FNBO.  ✔️ it out for DPs.

[Rudy1]

Do you think I should apply from the mailer or the prequal then?

[coldfusion]

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@Rudy1 wrote:

Do you think I should apply from the mailer or the prequal then?

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Read the mailer very carefully as the exact phrasing is relevant to what exactly it is that they are offering you.

approval > pre-approval > pre-qualifiication > offer to apply

Fixed APR quoted?  Opt-out language?

Any relevant changes to your credit history in the last couple of months?  Inquiries/new accounts/increases in balances?

[Anonymous]

The mailer is far from a guarantee either.  My husband has gotten it a number of times over the years (we have a lightly used bank account with them and live in the geographical area).  Denied every time that he applied from it.

[Rudy1]

Yes the mailer has opt out language.

[coldfusion]

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@Rudy1 wrote:

Yes the mailer has opt out language.

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So, no fixed APR listed and no language indicating that it's anything other than an offer to apply.   If that's the case its peak value is fodder for the shredder and if you decide to apply it should be via the online prequal.

Note that there have been enough data points to show that the prequal is not 100% reliable.   Some members applied and were denied outright, others were approved but with a much lower starting limit that the prequal had suggested.

[spiritcraft1]

It sounds like the mailer was for a different card as well.  I would guess that with all the DP's, the online prequal is at least 75% approvals.  You may have to jump through a hoop or two or it could be an instant answer.  It is worth a HP for a chance at a great, no-nonsense 2% card IMO.

[Rudy1]

UPDATE: I applied and was approved I posted in approvals!