[No Longer Accepting Applications] FNBO Launches New FordPass Rewards Visa Card (Earn $200 Statement Credit Annually)

Update 4/8/25:

On May 28, 2025, the relationship between Ford Motor Company and First National Bank of Omaha (FNBO®), the issuer of your FordPass® Rewards Visa® Card, will end. On that date, your card will automatically transition to the GearUp Visa® Card and begin earning points with the GearUp Rewards Program.

Please note, points earned in the new program cannot be redeemed in FordPass® Rewards. Any FordPass Rewards Points earned with your FordPass Rewards Visa Card through May 27, 2025, will remain in your FordPass Rewards account, subject to its terms and conditions.

No action is needed right now. Please keep using your current card as you normally do, and you will receive your new GearUp Visa Card by mid-July.

We are excited to share expanded earning opportunities and new enhanced redemption options with you soon.

Update 4/2/25: No longer accepting applications and soon won’t earn rewards:

“FordPass® Rewards Visa® CardNew applications for the FordPass® Rewards Visa® Card are no longer being accepted. Any Points and/or Tier status earned from the FordPass Rewards Visa by current cardholders through May 27, 2025, will be retained. After May 27, 2025, FordPass Rewards Points and Tier Activities will no longer be awarded for the use of the FordPass Rewards Visa. Cardholders will receive communication from First National Bank of Omaha (FNBO®) with additional details.

First National Bank of Omaha (FNBO) has launched a new co-branded credit card with Ford called the ‘FordPass Rewards Visa Card‘.

Card Basics

• Sign up bonus of a $100 statement credit when you spend $3,000 within your first 3 billing cycles after your account is opened
• $200 statement credit every year when you spend $6,000 in 12 consecutive billing cycles after account opening
• No annual fee
• Card earns at the following rates:
  • 5% back in points on Ford Dealership purchases
  • 3% back on gas, auto insurance, tolls, parking and dining
  • 1% back in points on all other purchases
• 0% introductory APR for six months on Ford Dealership purchases over $499

How Much Are Points Worth?

• 7,500-mile service: Oil & filter change, tire rotation and multi point inspection
  • Members Redeem: Gas: 11,000 Points; Diesel: 20,000 Points
• 15,000-mile service: Oil & filter change, tire rotation and multi point inspection
  • Members Redeem: Gas: 11,000 Points; Diesel: 20,000 Points
• 22,500-mile service: Oil & filter change, cabin air filter, tire rotation and multi point inspection
  • Members Redeem: 20,000 Points; Diesel: 35,000 Points

Our Verdict

The most interesting part of this card is the $200 statement credit when you spend $6,000. If you spend exactly $6,000 that works out to be an additional 3.33% cash back. The terms are a bit strange as it states it’s a $200 statement credit but then the foot note states that points are not redeemable for cash. It seems that’s just talking about the points earned from general spend and not the $200 statement credit benefit directly.

I can’t see that $200 benefit lasting too many years if I’m being completely honest, but even if you get one year that’s $300 in bonuses. Because of that I’ll be adding this to the list of the best credit card sign up bonuses.