First Bankcard, a division of First National Bank of Omaha and a leading issuer of credit cards, is pleased to announce the launch of a new feature to its mobile app capabilities, offering credit card customers free access to their FICO Scores.
This convenient option is available to all First Bankcard banking partners and co-brand partners via their respective First Bankcard mobile app.
The app allows credit card customers to view their FICO® Score, which is generally updated on a monthly basis, along with a graphic representation of their score on the FICO® Score Meter. Two Key Score Factors are listed, which are the top factors that affected the score. Four FAQs are also provided, along with a link to the FICO web page where customers can see a full list of FAQs, educational videos and additional credit resources.
FICO® Score is one of many factors nearly all lenders in the U.S. consider when they make key credit decisions. Such decisions include whether to approve a credit application, what credit terms to offer and whether to increase a credit limit once a credit account is established. First Bankcard was one of the first credit card issuers in the country to partner with FICO in providing FICO® Scores for free to cardholders.
“As we continue to improve and expand our mobile banking capabilities, we’re pleased to introduce this new feature that allows our credit card customers to quickly and conveniently access their FICO® Score,” said Steve Farrell, Sr. Vice President, Consumer Product Marketing. “We recognize the importance of helping customers understand their personal financial well-being.”
The FICO® Score mobile app feature is also available to First National Bank of Omaha’s mobile banking customers who have a credit card.