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No sock drawer for FNBO anymore.

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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 Cash Mag 10K | Amex ED 10K | Amex BCE 7.5K | 5/3RD SU2C 10K | 5/3RD SU2C 6.5K | Barclays Cash Fwd 6K | Citi® Diamond Preferred 8.3K | Citi® Simplicity 7.4K | Citi® TY 4.5K | Citi® DC 4K | Cap One QS Visa 14.6K | Cap One WM MC 11K | Discover It 19.5K | Discover Miles 6K | BOA Cash 13.2K | BOA 7K | State Farm Visa 4K | US Bank FlexPerks Select+ AMEX 18K | US Bank Plat 11.5K | US Bank Cash+ 11.2K | Chase AARP 3.5K | FNBO Rewards 20K | Huntington Voice 6,250K | Huntington Voice Rewards 7.2K | HSBC Rewards 4.7K | HSBC Gold 1.2K | PNC Cash Rewards 15K | PNC Core Visa 15K | PNC Points 4K | Fidelity Visa Sig 15K | Target MC 11K | TD Bank Cash 4.5K | BB&T 6.5K | BB&T 6.5K | BB&T 6.5K | BB&T 6.5K | Rakuten Visa 10K | Ebay MC10K | Marvel MC 10K | Paypal Credit 10K | Apple Card 4.5K | F8 Scores 5/20 EX759; TU781; EQ792. New car lease 1/20.
Message 1 of 12
11 REPLIES 11
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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
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Frequent Contributor

Re: No sock drawer for FNBO anymore.

15474009442201969277405.jpg

Amex Cash Mag 10K | Amex ED 10K | Amex BCE 7.5K | 5/3RD SU2C 10K | 5/3RD SU2C 6.5K | Barclays Cash Fwd 6K | Citi® Diamond Preferred 8.3K | Citi® Simplicity 7.4K | Citi® TY 4.5K | Citi® DC 4K | Cap One QS Visa 14.6K | Cap One WM MC 11K | Discover It 19.5K | Discover Miles 6K | BOA Cash 13.2K | BOA 7K | State Farm Visa 4K | US Bank FlexPerks Select+ AMEX 18K | US Bank Plat 11.5K | US Bank Cash+ 11.2K | Chase AARP 3.5K | FNBO Rewards 20K | Huntington Voice 6,250K | Huntington Voice Rewards 7.2K | HSBC Rewards 4.7K | HSBC Gold 1.2K | PNC Cash Rewards 15K | PNC Core Visa 15K | PNC Points 4K | Fidelity Visa Sig 15K | Target MC 11K | TD Bank Cash 4.5K | BB&T 6.5K | BB&T 6.5K | BB&T 6.5K | BB&T 6.5K | Rakuten Visa 10K | Ebay MC10K | Marvel MC 10K | Paypal Credit 10K | Apple Card 4.5K | F8 Scores 5/20 EX759; TU781; EQ792. New car lease 1/20.
Message 3 of 12
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Community Leader
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
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Valued Contributor

Re: No sock drawer for FNBO anymore.

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

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Message 5 of 12
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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
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Moderator Emeritus

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.

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Message 7 of 12
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Community Leader
Mega 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
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Community Leader
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
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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 Cash Mag 10K | Amex ED 10K | Amex BCE 7.5K | 5/3RD SU2C 10K | 5/3RD SU2C 6.5K | Barclays Cash Fwd 6K | Citi® Diamond Preferred 8.3K | Citi® Simplicity 7.4K | Citi® TY 4.5K | Citi® DC 4K | Cap One QS Visa 14.6K | Cap One WM MC 11K | Discover It 19.5K | Discover Miles 6K | BOA Cash 13.2K | BOA 7K | State Farm Visa 4K | US Bank FlexPerks Select+ AMEX 18K | US Bank Plat 11.5K | US Bank Cash+ 11.2K | Chase AARP 3.5K | FNBO Rewards 20K | Huntington Voice 6,250K | Huntington Voice Rewards 7.2K | HSBC Rewards 4.7K | HSBC Gold 1.2K | PNC Cash Rewards 15K | PNC Core Visa 15K | PNC Points 4K | Fidelity Visa Sig 15K | Target MC 11K | TD Bank Cash 4.5K | BB&T 6.5K | BB&T 6.5K | BB&T 6.5K | BB&T 6.5K | Rakuten Visa 10K | Ebay MC10K | Marvel MC 10K | Paypal Credit 10K | Apple Card 4.5K | F8 Scores 5/20 EX759; TU781; EQ792. New car lease 1/20.
Message 10 of 12
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