First National Bank of Omaha Rewards Secured Visa® Card Review: Rewards, Fees & Benefits

Rewards

Reward TypePoints

Base Rate1x / 1%

Point Value~0.01¢ each

ExpirationFNBO Rewards points never expire as long as the account remains open and in good standing

Redemption NotesMinimum 2,500 points required for all redemptions including cash back, gift cards, and merchandise; points are forfeited upon account closure; travel redemption is not available with this card — only the Getaway card allows travel redemptions within FNBO Rewards

Category	Rate	Type	Cap
All Purchases Unlimited 1x FNBO Rewards point per dollar spent on every purchase with no bonus categories, no spending caps, and no category restrictions. Points never expire as long as the account remains open and in good standing.	1x	Points	No cap

Benefits & Protections

Benefit	Category	Value / Coverage
No Annual Fee The FNBO Rewards Secured Visa® Card has no annual fee to open or maintain the account, making it cost-effective for credit building.	Financial	$0 annual fee Up to $0
FNBO Mobile App Account Management Manage the account, view transactions, pay bills, set up alerts, and monitor spending through FNBO's mobile app and online banking platform.	Lifestyle	Complimentary
Mobile Wallet Compatibility The card is compatible with major mobile wallets including Apple Pay, Google Pay, and Samsung Pay for contactless payments at participating merchants.	Lifestyle	Complimentary
Credit Building — Bureau Reporting Card activity is reported monthly to all three major credit bureaus (Experian, Equifax, TransUnion), helping cardholders build or rebuild a positive credit history through responsible use.	Other	Complimentary
Credit Limit Increase Consideration FNBO periodically reviews the account and, as credit history improves, cardholders may become eligible for a credit limit increase and/or the return of their security deposit without needing to close the account. Not all will qualify; subject to credit approval.	Other	Complimentary review
Flexible Security Deposit Cardholders set their own credit limit by providing a refundable security deposit between $300 and $5,000 (in multiples of $50) at account opening, subject to credit approval.	Other	$300–$5,000 deposit
Free FICO® Credit Score Cardholders receive complimentary access to their FICO® Credit Score updated monthly through FNBO's online banking and mobile app, with no impact to credit score for checking.	Other	Complimentary
1x Points on All Purchases Earn unlimited 1x FNBO Rewards point per dollar spent on every purchase with no category restrictions or annual caps. Points never expire as long as the account remains open and in good standing.	Rewards	1x points unlimited
24/7 Fraud Monitoring and Alerts FNBO monitors card activity around the clock for suspicious transactions and notifies cardholders immediately via text or email if fraudulent activity is suspected.	Security	Complimentary
Zero Fraud Liability Cardholders are not held responsible for unauthorized purchases made with their card, provided fraudulent activity is reported promptly to FNBO per Visa's Zero Liability Policy.	Security	$0 liability Up to $0
Roadside Dispatch Access to a 24/7 pay-per-use roadside assistance program through Visa providing towing, tire changing, jump start, lockout service, and fuel delivery. Service fees apply and are charged to the card.	Travel	Pay-per-use access
Visa Global Services Access to Visa's 24/7 global assistance service for emergency card replacement and emergency cash advances anywhere in the world.	Travel	Complimentary

Interest Rates

Purchase APR23.74% Variable

Balance Transfer APR23.74%

Fees

Annual Fee $0 — No Annual Fee

Foreign Transaction Fee3%

Balance Transfer Fee5% of the amount of each balance transfer, minimum $10

Cash Advance FeeEither $10 or 5% of the amount of each cash advance, whichever is greater

Late Payment FeeUp to $40

Returned Payment FeeUp to $29

Approval & Eligibility

300 Recommended minimum FICO · Range 300–669

300 Poor580 Fair 670 Good740 Very Good 800+ Exceptional

Approval DifficultyEasy

Credit ProfileFair

Approval OddsVery Good

Decision TimeInstant

Pre-QualificationNot available

Student EligibleYes

Co-ApplicantNot allowed

Business EligibleNo

Credit Limit Range $300 – $5,000

Issuer Rules & Restrictions

Shutdown Risk Triggers

Failure to provide required security deposit, excessive cash advances, too many new account inquiries in a short period, suspected fraud or identity inconsistencies

International Friendly

May have limitations for international use.

Additional Issuer Rules

The FNBO Rewards Secured Visa® Card has no welcome bonus and no spend-based bonus structure, so there are no bonus eligibility restrictions or once-per-lifetime rules to navigate. The card is designed purely for credit building and requires a refundable security deposit between $300 and $5,000 to open; approval is subject to credit review even with a deposit. FNBO does not publish explicit churning rules, but community data suggests FNBO limits applicants to approximately 2 new FNBO cards within a 6-month period, and applicants with very recent derogatory marks or active collections may still be declined despite providing the required deposit.

Military & Hardship

MLA Compliant

Complies with the Military Lending Act (36% APR cap for active duty servicemembers).

SCRA Benefits

Interest rate capped at 6% on pre-service balances for active duty servicemembers under SCRA; relief applies for the duration of active duty service. FNBO accepts SCRA requests online, by phone, or by mail. Annual fee waived under MLA for eligible active duty servicemembers.

Hardship Program

Hardship program available.

First National Bank of Omaha Rewards Secured Visa® Card