FNBO credit line decrease

[FinStar]

---

@kugel wrote:
Very not nice and nasty this behavior
I know Barclays and Bofa does it also
We should put together a data list of the banks that does it so we all know not to app for thier cards
Are cu really better in this behavior?

---

It is unlikely the list would accomplish much since not every individual would be targeted in the same manner as the OP.  Plus, it wouldn't be a fair assessment of the actual activities that would trigger any type of AA.

FNBO has been known to do this; however, this has been several years ago IIRC - older threads exist somewhere.  That being said, the FNBO AA is not as prominent like say Barclays, for instance.  Yet, lenders like BoA, Chase, Comenity, SYNCB, Capital One (where most folks thought is was a safe haven), AmEx, Citi have been known to take any form of AA if any type of risky patterns are picked up by their algorithms (or if the lender is simply minimizing their lendin exposure).   This could be anything from "bust out fraud" instances, NSF, spiking utilization, unusual transaction patterns, credit profile/score deterioration, and the list goes on.

[BlueSea]

I don't understand this kind of algorithms in their systems. They give you a certain limit but when you approach it it's a problem. If it detects a missed payment or something like that, it's understandable. But just using the limit they gave you? You don't do anything wrong, right? 

In my case i'll leave the card like this with a recuring charge of $2.99 every month. I will only use soft pulls every 4 months. It only earns 1% cash back on everything so it's no big loss. It's just their attitude that strikes me. 

Here's their reply today:

Thank you for contacting First Bankcard.
We show you were mailed a letter explaining the reason why your limit was decreased on June 7, 2018. 
We conduct a review of our credit card accounts periodically. We review both the manner in which you have used and paid your account. Unfortunately, at the time of your June 2018 review, the decision was made to lower your credit limit. Your total credit limit became $1,000.00. Your cash advance limit became $200.00. 
Please keep in mind, this decrease is not necessarily permanent. We review our accounts each month to determine if a limit adjustment should be made. Depending on your credit history with us and others, you may be eligible for a limit increase in the future.
If you need further assistance, please contact us at 1-888-295-5540.