New FNBO Limited-Time Offer Card?

[plastic_man]

I wonder if they can convert my current Amex to this.
Is that 6.25% apr for life???

[Anonymous]

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@wacdenney wrote:

I'll never waste another HP on FNBO.

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1.75% isn't enough to pull me out of the garden for this.

Not that they'd give me it.

[plastic_man]

Just applied, if approved, will move credit line from old fnbo Amex to this if possible and close the old one..I'll keep you posted!!

[jsucool76]

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@plastic_man wrote:
I wonder if they can convert my current Amex to this.
Is that 6.25% apr for life???

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I dont think they're legally allowed to change your APR within the first 12 months, but (in big giant bold print in the T&C) it specifies that they can change the rate at any time for any reason. All T&Cs have this (unless it's a fixed rate card) but they put it in giant bold print. #Suspicious. 

[leoment]

This offer is seriously tempting!  My lowest APR is 9.24, but I'd LOVE that 6.25%, just in case.  I'll bookmark this app and see how I feel in another 8 weeks (aka May 30th, lol).

The only thing stopping me from doing it is I already have a 2.2% card already, so I wouldn't really get much use out of the card.

[Anonymous]

If the wife hadnt just gotten approved for the BBR, I'd be pestering her to app this. FNBO has been blowing up our mailbox with flyers mainly with her name on them. Lol.

[Anonymous]

I feel that Amex is partnering with everyone these days and is about to be desparate for customers. Ugly times ahead for them. 

[Anonymous]

I really don't wanna unfreeze her EX for this. She is game to app for it though.

[plastic_man]

Just received an email from them, takes 10-14 days to process app.

[Creditaddict]

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@jsucool76 wrote:

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@plastic_man wrote:
I wonder if they can convert my current Amex to this.
Is that 6.25% apr for life???

---

I dont think they're legally allowed to change your APR within the first 12 months, but (in big giant bold print in the T&C) it specifies that they can change the rate at any time for any reason. All T&Cs have this (unless it's a fixed rate card) but they put it in giant bold print. #Suspicious. 

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this is a variable rate card so it will adjust with the prime rate.  but yes they shoudln't be able to change the multiplier they are charging above prime that they set in the beginning.