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No sock drawer for FNBO anymore.

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Benzman
Frequent Contributor

No sock drawer for FNBO anymore.

Seems like FNBO wants action sooner than later. Received colorful form letter yesterday saying it has been over three months since I last used my card, and to use it soon if I want to keep it active. Have had the card for a few years and usually would throw a charge on it every once in a while (every 6 months) and never heard a peep. Not sure if this is something new or maybe since my credit increase to 10K+ recently, it changed something in their notices. I will try to post a pic.

Amex CM 10K | Amex ED 10K | Amex BCE 7.5K | 5/3RD SU2C 10K | 5/3RD SU2C 6.5K | Barclays Cash 6K | Barclay AARP 3.5K | Bread AMEX 9K | Citizens Cash 8K | Citizens Clear 2K | Citi® DP 11.3K | Citi® Simplicity 9.4K | Citi® TY 6.5K | Citi® DC 4K | Citi CuC 3.4K | Cap One QS 14.6K | Cap One WM MC 11K | Discover It 19.5K | Discover Miles 13.5K | BOA Cash 13.2K | BOA 7K | US Bank State Farm Visa 4K | US Bank AMEX 22.5K | US Bank Plat 16.5K | US Bank Cash 11.2K | FNBO Rewards 20K | FNBO Evergreen 11.3K | Huntington Voice 7,750K | Huntington Voice Rewards 8.7K | PF|CP Rewards 8.2K | PF|CP Gold 3.2K | PNC Cash 15K | PNC Core 15K | PNC Points 8K | Fidelity 15K | Wells Active 12K | Wells Reflect 10K | Target MC 12.5K | TD Cash 4.5K | Truist 6.5K | Truist 6.5K | Truist 6.5K | Truist 6.5K | Synch Premier MC 11.6K | Ebay MC 10K | Apple Card 5.5K | Deserve Digital 6K | Simon AMEX 6K | Chase Amazon 1.5K | F8 Scores 4/23 EX789; TU781; EQ792.
Message 1 of 12
11 REPLIES 11
rbentley
Established Contributor

Re: No sock drawer for FNBO anymore.

I also rarely use my FNBO card as it has no rewards, but a low interest rate.  It usually only sees action once a year on a BT.  I did however just a week ago get a CLI to $10,000 + and perhaps now they expect to see a little more gratitude expressed in use.  Thank you for tthe information.

Message 2 of 12
Benzman
Frequent Contributor

Re: No sock drawer for FNBO anymore.

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Amex CM 10K | Amex ED 10K | Amex BCE 7.5K | 5/3RD SU2C 10K | 5/3RD SU2C 6.5K | Barclays Cash 6K | Barclay AARP 3.5K | Bread AMEX 9K | Citizens Cash 8K | Citizens Clear 2K | Citi® DP 11.3K | Citi® Simplicity 9.4K | Citi® TY 6.5K | Citi® DC 4K | Citi CuC 3.4K | Cap One QS 14.6K | Cap One WM MC 11K | Discover It 19.5K | Discover Miles 13.5K | BOA Cash 13.2K | BOA 7K | US Bank State Farm Visa 4K | US Bank AMEX 22.5K | US Bank Plat 16.5K | US Bank Cash 11.2K | FNBO Rewards 20K | FNBO Evergreen 11.3K | Huntington Voice 7,750K | Huntington Voice Rewards 8.7K | PF|CP Rewards 8.2K | PF|CP Gold 3.2K | PNC Cash 15K | PNC Core 15K | PNC Points 8K | Fidelity 15K | Wells Active 12K | Wells Reflect 10K | Target MC 12.5K | TD Cash 4.5K | Truist 6.5K | Truist 6.5K | Truist 6.5K | Truist 6.5K | Synch Premier MC 11.6K | Ebay MC 10K | Apple Card 5.5K | Deserve Digital 6K | Simon AMEX 6K | Chase Amazon 1.5K | F8 Scores 4/23 EX789; TU781; EQ792.
Message 3 of 12
Gmood1
Super Contributor

Re: No sock drawer for FNBO anymore.

I've received the same notice last year.
I put a 50 cent Amazon gift card charge on each card and let it ride.😂
Message 4 of 12
UpperNwGuy
Valued Contributor

Re: No sock drawer for FNBO anymore.

I would let the card lapse.  It’s not a particularly good card.

Daily Carry: PenFed Power Cash • NFCU Flagship • NFCU More Rewards • Chase Freedom
Sock Drawer: PenFed Promise • NFCU cashRewards • Chase Sapphire Preferred • Chase Freedom Unlimited • United Explorer • UNFCU Azure
Message 5 of 12
kdm31091
Super Contributor

Re: No sock drawer for FNBO anymore.


@UpperNwGuy wrote:

I would let the card lapse.  It’s not a particularly good card.


I don't disagree, but it definitely seems we are seeing more lenders cracking down on sockdrawering in general. It totally makes sense - why extend you the credit if you won't use it - but it's adjustment for those who generally SD certain cards.

 

My view is similar to yours though, if the card serves no purpose or benefit just let it go and move on.

Message 6 of 12
Anonymous
Not applicable

Re: No sock drawer for FNBO anymore.

Benzman appreciate the "heads up" as I have a FNBO Card. Did not know they would watch the utilization that closely. As others said, we have to decide is it of use or not? A few years back I closed two FNBO Cards (FNBO Bucks Back Visa and an FNBO Discover) as the rewards were not competitive and I did not want to deal with limping along with them. FNBO treated me well with CLIs so it can be a definite decision point.

Message 7 of 12
AverageJoesCredit
Legendary Contributor

Re: No sock drawer for FNBO anymore.

Lol, Gmood style of lender loveSmiley Wink

Until i close any cards, im just placing a charge on each card every 4 months. Heck pick a day , do some small internet shopping one day and pay the charges as they post. Lol i just did this to kick off Jan. April repeat and rinseSmiley Wink
Message 8 of 12
Gmood1
Super Contributor

Re: No sock drawer for FNBO anymore.


@AverageJoesCredit wrote:
Lol, Gmood style of lender loveSmiley Wink

Until i close any cards, im just placing a charge on each card every 4 months. Heck pick a day , do some small internet shopping one day and pay the charges as they post. Lol i just did this to kick off Jan. April repeat and rinseSmiley Wink

Yes sir! Smiley LOL

I was going to close one of them, but decided to leave both personal lines open. They've locked folks out of my area from all of their CCs.

 I'll continue to keep them alive for now. It must have something to do with their local bank contracts. Where they supply the cards and service for those smaller banks? I don't know. 

At one time I could see all of the CC's they offered personal and business. Luckly I grabbed mine before the lock out.

Message 9 of 12
Benzman
Frequent Contributor

Re: No sock drawer for FNBO anymore.


@Gmood1 wrote:


They've locked folks out of my area from all of their CCs.

 

Same with me, that's why i'm keeping it.

Amex CM 10K | Amex ED 10K | Amex BCE 7.5K | 5/3RD SU2C 10K | 5/3RD SU2C 6.5K | Barclays Cash 6K | Barclay AARP 3.5K | Bread AMEX 9K | Citizens Cash 8K | Citizens Clear 2K | Citi® DP 11.3K | Citi® Simplicity 9.4K | Citi® TY 6.5K | Citi® DC 4K | Citi CuC 3.4K | Cap One QS 14.6K | Cap One WM MC 11K | Discover It 19.5K | Discover Miles 13.5K | BOA Cash 13.2K | BOA 7K | US Bank State Farm Visa 4K | US Bank AMEX 22.5K | US Bank Plat 16.5K | US Bank Cash 11.2K | FNBO Rewards 20K | FNBO Evergreen 11.3K | Huntington Voice 7,750K | Huntington Voice Rewards 8.7K | PF|CP Rewards 8.2K | PF|CP Gold 3.2K | PNC Cash 15K | PNC Core 15K | PNC Points 8K | Fidelity 15K | Wells Active 12K | Wells Reflect 10K | Target MC 12.5K | TD Cash 4.5K | Truist 6.5K | Truist 6.5K | Truist 6.5K | Truist 6.5K | Synch Premier MC 11.6K | Ebay MC 10K | Apple Card 5.5K | Deserve Digital 6K | Simon AMEX 6K | Chase Amazon 1.5K | F8 Scores 4/23 EX789; TU781; EQ792.
Message 10 of 12
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