@805orbust wrote:So FNBO Chopped my DW today. She gets an alert on her MyFico app that she's almost 90% utilized on her Evergreen.
DP's:
740's across the board
Opened in February 2022
$15k initial limit, CLI to $18k in August.
Casual usage, no more than $500/mo.
Did a $4000 BT upon opening
1 Inq since Jan (approved for Citi AAdvantage 2 months ago)
CL lowered to $5250
I sent Barclays to the hot place several years ago because their a pack of skittish hacks. These guys better not be the same, however I think the data is coming in too hot and heavy to ignore. That said, my account is still intact. Same $18k limit, I run average of $9,000 per month through it and pay the statement balance in full every month. I always report a balance tho.
The CSR told her to check her Experian report to see if there was something that caused it... can there be a sillier thing to say? Either way, I'll post the letter when it comes.
This FNBO CLD epidemic is beyond weird.
@SouthJamaica wrote:
@805orbust wrote:So FNBO Chopped my DW today. She gets an alert on her MyFico app that she's almost 90% utilized on her Evergreen.
DP's:
740's across the board
Opened in February 2022
$15k initial limit, CLI to $18k in August.
Casual usage, no more than $500/mo.
Did a $4000 BT upon opening
1 Inq since Jan (approved for Citi AAdvantage 2 months ago)
CL lowered to $5250
I sent Barclays to the hot place several years ago because their a pack of skittish hacks. These guys better not be the same, however I think the data is coming in too hot and heavy to ignore. That said, my account is still intact. Same $18k limit, I run average of $9,000 per month through it and pay the statement balance in full every month. I always report a balance tho.
The CSR told her to check her Experian report to see if there was something that caused it... can there be a sillier thing to say? Either way, I'll post the letter when it comes.
This FNBO CLD epidemic is beyond weird.
Yeah, this actually reminds me of the 'Great Capital One Haircut of 2020'.
I'm thankful I never pulled the trigger with FNBO, since it's almost certain they'd have taken the clippers to me as well. Ironically just this past week I received a mailer for their Getaway Mastercard. 
@UncleB wrote:
@SouthJamaica wrote:
@805orbust wrote:So FNBO Chopped my DW today. She gets an alert on her MyFico app that she's almost 90% utilized on her Evergreen.
DP's:
740's across the board
Opened in February 2022
$15k initial limit, CLI to $18k in August.
Casual usage, no more than $500/mo.
Did a $4000 BT upon opening
1 Inq since Jan (approved for Citi AAdvantage 2 months ago)
CL lowered to $5250
I sent Barclays to the hot place several years ago because their a pack of skittish hacks. These guys better not be the same, however I think the data is coming in too hot and heavy to ignore. That said, my account is still intact. Same $18k limit, I run average of $9,000 per month through it and pay the statement balance in full every month. I always report a balance tho.
The CSR told her to check her Experian report to see if there was something that caused it... can there be a sillier thing to say? Either way, I'll post the letter when it comes.
This FNBO CLD epidemic is beyond weird.
Yeah, this actually reminds me of the 'Great Capital One Haircut of 2020'.
I'm thankful I never pulled the trigger with FNBO, since it's almost certain they'd have taken the clippers to me as well. Ironically just this past week I received a mailer for their Getaway Mastercard.
Indeed, we may be seeing the start of "The Great FNBO Haircut of 2022".
I was definitely shocked. When she called me today stark raving mad, I told her that we've been seeing this here for a few months. The CSR was no help. No recon, no requesting a CLI, no explanation. She did admit to DW that FNBO has been doing it to alot of people and that the department that makes the decision is not even accessible via phone. Also said that DW could request a cli in 4 months... crazy.
The decrease cost her 20 points on Experian due to the utilization ratio. What makes me nuts is what if we were farm-shopping right now? (part of our 18-month plan) This would ruin it. An even stronger argument for AZEO. I'd be livid right now. She's gonna just pay it off and SD the card. I checked mine and no change, but who knows what tomorrow brings?
@Jeffster1 and @RealEstateGuy89 I plan to post the letter when it arrives. I will say that while DW has only 4 inq's across all 3, she does have about 43 cards, so there's that, she had about a 5 year period where she had no trepidation applying for a card wherever she was to get a 5 or 10% discount somewhere. She gets a good talking to every 24 months or so 🤣 kidding of course but she is not app shy. We've been very conservative since 2020 due to our upcoming plans.
@gdale6 asked about whether we were outside their service area and I cannot answer that. We're in North Carolina, is that outside of it?
FNBO is turning into the new synchrony.
They CLD'd me a couple of months ago on my Geaway card. I think it was about 5 months old at the time. The SL was $11.6k. I transferred a balance to it and used it for some purchases on a trip I took. I always paid on time and way over the minimum. The cut was $1,100, which was a few hundred bucks over my balance. It still sits at $10.5k after a couple more months of just making payments and leaving it in the sock drawer. Meanwhile, I also have the Evergreen, which is about a year old. It was not touched.
I was definitely a borderline case for approval when I got these. I still have negative items on my Experian report along with 7 inquiries and quite a few new accounts. Nothing really changed to cause them to CLD me. They probably just didn't like me carrying a balance, which was a 0% BT.
I haven't decided the future of these cards yet. My haircut was relatively small, especially when people with much better credit are seeing worse done to them.
@805orbust wrote:@Jeffster1 and @RealEstateGuy89 I plan to post the letter when it arrives. I will say that while DW has only 4 inq's across all 3, she does have about 43 cards, so there's that, she had about a 5 year period where she had no trepidation applying for a card wherever she was to get a 5 or 10% discount somewhere. She gets a good talking to every 24 months or so 🤣 kidding of course but she is not app shy. We've been very conservative since 2020 due to our upcoming plans.
@gdale6 asked about whether we were outside their service area and I cannot answer that. We're in North Carolina, is that outside of it?
Never have known of FNBO (First National Bank of Omaha) to be closing or decreasing CLs because a card is out side their geo-Fence. As strange as this is ... anything is possble? Very seriously doubt it! (Geo-fence would be these states: Colorado, Illinois, Iowa, Kansas, Nebraska, South Dakota, Texas and now Wyoming).
Note, over many years and back to the 1970s, I have had cards of various types from FNBO some when they lowered the geo-Fence and through thick and thin that never affected them. Change contracts on co-branded then they closed the cards as there was a new provider example AAA Midwest (3-year contract and poof). Also, had their Bucks Back Visa transitioned to a Vision Signature Visa an FNBO Discover Card. Any card closings came from me as their products would lose the edge on rewards and I would move on! 
Today, I have a geo-Fenced First National Bank of Omaha "Cash Back Visa" Visa Signature from 2017 (November) that has the same features as the Evergreen Card. It was a geo-Fence Card product allowed from end of October 23, 2017 through January 4, 2018 and the geo-Fence was closed on it and locked after the date! Now I am glad I not part of the Evergreen Card crowd ... 
Over the years, First National Bank of Omaha was strict on approvals (tight) and were known for offering few over the geo-Fence products that weren't co-branded (they were very sensitive to new account openings). Speak with many years of holding their products! Found they were always conservative with CLs and were a good provider with great customer service (used to provide the University of Nebraska Omaha students employment as part of their CSR staff in the Omaha NE Call Center) and kept their Call Centers in their geo-Fenced area (today I am not sure).
The behavior of FNBO today is NOT like anything I have ever seen from them in thirty-plus years.
Update: Idk if I already posted the reason or not but basically the letter said I didn't pay down the balance fast enough. I was utilizing the 0% interest offer. Lol kind of a joke. I closed the card already and it's reported as paid and closed although it took over a month to report that way. Not a fan of FNBO for sure.
