Posted by William Charles on April 7, 2017
Credit Cards

Published on April 7th, 2017 | by William Charles

342

TravElite Credit Card From FNBO Review – Now With 25,000 Point ($250 Sign Up Bonus), No AF + $100 Travel Credit

The TravElite Credit Card from FNBO now comes with a 25,000 point after $2,500 in spend within the first three months sign up bonus. The card is also now publicly available. In addition they have also dropped the annual fee Continue reading for our full review.

fnbo traveelite

Card Basics

  • No annual fee
  • Sign up bonus of 25,000 points after $2,500 in spend within the first three months 
  • $100 in statement credits for airline incidentals
  • $100 global entry reimbursement
  • Earns at the following rates:
    • 3x points per dollar spent on all airline and hotel purchases
    • 1.5x points on all other purchases
  • Access to Premium Concierge
  • No foreign transaction fees
  • This card does come with a free FICO8 score

How Much Are Points Worth?

Whenever a company starts talking about points my first thought is “how much are points actually worth? and what can they be redeemed for?”. Here’s what we know:

  • Points can not be transferred into other loyalty programs, this means they have no hotel or airline partners
  • Points can be used for travel, gift cards, merchandise or cash back as a credit to your account

Points are worth $0.01 a point (1¢ a point). So a $25 gift card will set you back 2,500 points. When booking a flight a fee of $15 is added. If you’re purchasing merchandise then shipping and handling are also added. There are currently 81 merchants listed that you can get gift cards for and as we mentioned previously you can redeem for cash back. There are over 200 airline and 50,000 hotels that you can redeem for worldwide (but keep in mind the $15 booking fees).

Obviously the best option will be to just redeem for cash back and then purchase gift cards/travel as you see fit.

$100 Travel Discretionary Fund

Officially this fund can be used for incidental air travel fees that are separate from airline ticket charges. You must also enroll in this benefit. The following are examples of what do not count:

  • Airline tickets, upgrades, mileage points purchases, mileage points transfer fees, gift cards, duty-free purchases and award tickets

Examples of what does count is as follows:

  • Baggage, fees, airport lounge access, on-board food and beverage

Allow 2-4 weeks for the credit to post and contact them if it doesn’t post after that four week period. Please share your own datapoints on what did/didn’t trigger this credit in the comments below.

Data Points From Readers

The following do trigger the credit:

  • Alaska:
    • Giftcards: 1
  • American Airlines:
    • Taxes
  • Delta:
    • eGiftcard: 1,
  •  JetBlue:
    • Award taxes: 1, 2,
  •  Southwest:
  • United:
    • Gift registry: 1
  • Delta:
    • Award taxes: 1
    • Gift card: 1 ($50), 2 ($50), 3 ($50)

The following might not work:

  • American:
    • Giftcards: 1
    • Taxes: 1
  • United:
    • MPX: 1,

Our Verdict

This card is now significantly better than it once was, it comes with a sign up bonus worth $250, no annual fee and $100 in travel incidentals. Getting $100 in travel incidentals without any annual fee means keeping this card long term makes sense. I suspect a lot of readers will be interested in this card and also not that familiar with FNBO. I’d recommend reading this post explaining more about this card issuer. Biggest thing for most people is that they are inquiry sensitive, so keep that in mind.

 



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James
James

Outstanding review of the Travelite card, I almost got sucked in. What card can I get and ultimately get a better profit margin?

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[…] Read our full review […]

Emily
Emily

Searched through past posts on FNBO and couldn’t find any mention as to which bureau they typically pull. I know it varies by state, but any DP out there? Hoping for Transunion or Equifax…

Emily
Emily

After some Googling, it seems like the answer to my question may be a complicated one. Reports of Sagestream and/or ARS getting mixed in there too: http://ficoforums.myfico.com/t5/Credit-Card-Approvals/FNBO-which-credit-bureau-do-they-pull-from/td-p/4201816

Bobby
Bobby

Where are you guys checking the app status? I too got the 2-4 week response. Instant exp alert 784 score….

Blackbriarpatch
Blackbriarpatch
James
James

https://creditboards.com/forums/index.php?app=creditpulls

After entering in FNBO… it looks like its primarily Experian

Matt
Matt

Just applied, received new inquiry notification from Experian.

YZ
YZ

Is the inquiry from EX instantly? as I am thinking about AOR for other cards on the same day.

Bob
Bob

Doc – how come you say “no EMV chip” when the attached image has a chip on it?

Bob
Bob

I’m sorry if it’s a stupid question. But when we click the link, it looks like we can just apply right there?

penngem
penngem

I have the same question…

Bob
Bob

Even when you go to their website and go under credit cards, you can see this card listed there and you can click “apply now”. So why is this targeted?

Rick
Rick

Is it possible to do a product change to this card? There aren’t many DP on FNBO though

DGS
DGS

I called FNBO yesterday and asked if i could PC my current FNBO Amex Card to TravElite Card. CSR said that TravElite wasnt even one of their cards and denied my request.

Tom
Tom

I am curious how inquiry sensitive they are in people’s experiences. Is 13 inquiries in the past 2 years, 6 in the past 12 months too much?

E Dantes
E Dantes

Wondering the same thing. Any DPs anyone has here would be greatly appreciated!

Filippo
Filippo

Applied this week for another card with FNBO: pulled only Experian (Michigan), I had 6 inquiries over the last 12 months, FICO8 ~750, got pending then approved after 48h for $15K CL.

Elliott
Elliott

I was just instantly approved and I have 800-775 with 5 hard pulls in the past 8 months, Not sure but probably well over 13 in the past 2 years.

Andrew
Andrew

Will this fall under AMEX’s 2/90 rule? I’d imagine so but just wanted to make sure

Peter
Peter

That’s only for AMEX Centurion Bank issued cards.

joE
joE

Is FNBO known to change credit card perks? I can’t foresee this $100 travel credit lasting for years to come.

Dima
Dima

Yeah, it will probably change to ‘if you spend at least $X0,000 per year’

Jeff H
Jeff H

I have two “limited time offers” ** from FNBO. Both have the same terms and rewards after about three years and 18 months respectfully.. IMO. I would be very shocked if they turn around or modify the terms and conditions on this one. Historically, when they say “limited time offer”, they mean it. The only exceptions that they have done is CLIs for each card without my request..

** Gas and Groceries = 3% cash back in points on those categories.
** Bucks Back = 2% cash back in points every day spending

Jeff H
Jeff H

FNBO

Personal card pulls Equifax
Business card pull Experian

Reinstated checking account back up line of credit after favorable change of terms. Soft pull. I was the one who previously canceled after negative change of terms.

Jeremy
Jeremy

This doesn’t appear to be sustainable. There’s little incentive to use the card other than the credits.

Trippy
Trippy

Why though? It seems its effectively 3% for travel and 1.5% for rest which is decent.

Jeremy
Jeremy

3% on travel is ok. It’s easier to do better than 1.5% on everyday spending.

Josh
Josh

Just applied for it and instantly got this message, “Thank you for applying! Your application has been submitted. You will receive written status of your application within 2 weeks.”

They haven’t pulled my credit yet so it looks like it’ll be manually reviewed. I’ll add to this post as I obtain more information.

Phill
Phill

+1

Evan
Evan

+1

YZ
YZ

when is inquiry from EX pulled? 2nd day?
as I am thinking about AOR for other cards on the same day.

Michael
Michael

Not targeted, but applied for my wife and I. Got the manual review notice as well, so I will let you all know how it turns out.

But how could I not try? Free miles, and $100 travel credit, with no annual fee? Its a no-brainer..

Phill
Phill

+1

Michael
Michael

As an update, I got an email today asking me to call in to provide more info. They asked the usual public records multiple choice questions, i.e. what vehicle have you recently owned, what state have you lived previously, etc..

After answering 3, I was told they would finish up my application shortly. Waiting for the approval before I have my wife call in to verify hers.

-Michael

NinjaX
NinjaX

this is not sustainable… no annual feel? joking me. expect this to burn soon. act now.

Elmer
Elmer

Of course, if you believe the WSJ article, most banks are waiving the annual fees when requested, so FNBO might just have streamlined that process and been able to save on some phone support down the road,

Ed
Ed

I applied online today with no invitation and was approved within minutes.

CJ
CJ

Who did they pull?

Chris
Chris

How many recent inquiries?

Ed
Ed

They pulled Experian. 5 pulls in last two years with 1 last month, one in Feb. one last Dec and 2 in 2015.

STEVEN ROBBINS
STEVEN ROBBINS

May I ask your estimated scores. I’m rebuilding so they are descent but I have old deragatories TIA

jeff
jeff

Is cash back also at $0.01 per point? Is there a minimum redemption? It seems there wouldn’t be much point to any other redemption if that were the case.

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