Omaha American Express Card Invitation

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InCreditWeTrust
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Omaha American Express Card Invitation

Postby InCreditWeTrust » Fri May 04, 2012 11:18 pm

Greetings,

I recently received an offer in the mail from First National Bank Omaha offering me their Omaha American Express card, with several luring benefits. It states I've been "Pre-approved" and this card is by "invitation only". Though I'm not sure if I should accept considering I've recently opened up three credit card accounts in the past month+.

Currently I have, C1, WF card, Citibank card, and Barclays.

What do you guys think should I accept? I'm pretty compelled to after reading the rewards it has benefits my other cards don't offer...

Here are some of the benefits

1. 0.00 APR for first year, after that 15.99%
2. No Annual fee
3. 2% cash back on petro and groceries.
4. 1% cash back on various other purchases
5. It mentions Traveling privileges and various accommodations, not sure about a Foreign Transaction fee.

6. It also mentions other benefits...


So what do you guys think...


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Postby InCreditWeTrust » Sat May 05, 2012 9:52 pm

Bump, any ideas?

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Postby Money card » Sat May 05, 2012 10:03 pm

I got the same thing you got a couple of weeks ago. Didn't it offer us something like 5,000 points?

no.1 most cards have this nowadays
no.2 all cards have this except higher level travel cards example chase sapphire preferred, capital1 venture blue card, airline, hotel credit cards and premium American Express cards like the Green, gold etc
no.3 didn't it offer us something like 4% cash back on gas, groceries?
no.4 all cards have this 1% back on everything or 1 point per dollar.
no.5 foreign transaction fee I believe it mentioned 3%. or did I see 1%?

What do I think since American Express doesn't like banks, I would say skip this card. You seem to have 4 very nice cards I would pass if I were you. But you do what you want.

What I think will happen is if you did apply and the person who looks at your credit report will see that you have 4 cards already, if they were to give you the 5th they would say to themselves when would you use their card, they want to see usage, you might get turned down. you might not.

I have a Exxon/Mobil card
Discover card
Capitol1
American express
Citgo

I tried applying for a Citibank dividend card and was told I have too many cards.

If you want my advice I would say no, but you do what you want.

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Postby InCreditWeTrust » Sun May 06, 2012 3:13 am

Yeah I think I agree with you, it's probably best to turn this card down. Considering I have 4 cards already, 1 of them I plan on closing in the coming months as soon as the balance is fully payed off (C1). I was just really curious about this one because of the rewards like traveling, accommodations, and the fact it's an American express card (which I don't own already) and some of the other benefits...

Though why do you want the Citibank dividend card? I have the Citibank simplicity and it has good benefits including $0 late fee nor hikes.

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Postby Money card » Sun May 06, 2012 10:59 am

The reason why I wanted the Dividend is because I'm looking for coupons. I have a Discover more card and last year I received a coupon for 10.00 off a purchase of 30 or more at Kohls, 15% off 1 item at Barnes and Noble. I forgot what the bottom one was.

In September I got the same coupons, the bottom one was 10 off 50 or more at famous footwear.

After the holidays I got 10.00 off 50 or more for bass, Izod and Van heusan

A month later I got some off of 1800 flowers, 15.00 off 60 or more blue nile, 10.00 off 50 or more at Evelyn and Crabtree.

So with a lot of stores closing in the malls, 1 card offering coupons I was thinking, if I got a Citibank Dividend I would get more coupons. From what Discover sent me I used the 2 Barnes and Noble, 1 Kohls and the Evelyn and Crabtree.

So that's why I was looking for the Dividend.

If you're planning on getting rid of your C1 card you should hold onto your application after you close out your card you might want this card.

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Postby InCreditWeTrust » Sun May 06, 2012 11:24 am

Money card wrote:
if your planning on getting rid of yor C1 card you should hold onto your application after you close out your card you might want this card.


I'm not sure what exactly you mean by this...It's a Capital One Platinum card, it's terrible.

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Postby Money card » Sun May 06, 2012 1:31 pm

What I mean is don't throw away your first national bank American express application. after you close out your capitol1 card you might want to apply for the American express card.

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Postby InCreditWeTrust » Sun May 06, 2012 2:11 pm

Money card wrote:What I mean is don't throw away your first national bank American express application. after you close out your capitol1 card you might want to apply for the American express card.


Yeah I figured out what you meant soon after my last post...Yeah I may want to apply to the American Express card from Omaha National Bank. Any review of thoughts about that credit card itself?

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Postby MemberSince99 » Tue May 22, 2012 9:29 pm

InCreditWeTrust wrote:Yeah I figured out what you meant soon after my last post...Yeah I may want to apply to the American Express card from Omaha National Bank. Any review of thoughts about that credit card itself?


I had it, just cancelled it this weekend, because I just got 3 Amex cards and just could not justify it. I asked them if they would PC it to their Mastercard, but they said due to Card Act they could not do that. So, it's closed.

They have a decent online system for making payments, and mine always posted same day no problems (unlike some other lenders who like to let your payments hang for a couple of weeks....). The rate (APR) was good, they offered 50 bucks in rewards points for spending 500 on the card in the first 3 months. Their CS is American (in the Omaha area) and they are a prime lender. Good bank from what I saw, and if I want a Mastercard at some future time I would not hesitate to apply for theirs.

Not sure if it fits your needs, but I liked what I saw.



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