Speaking of rough out there ...

I just finished a mini-AOR and I have mostly bad news.
1. US bank no longer does consolidations. $25K is the max line and $22,500 is the max BT
2. Citibank denied me for a professional card. Even after I had closed my $63K credit line with them
3. Chase will not do more than $30K toital in BTs or checks within 90 days (as per CSR)

I am down to $50K in BT cash (with a pending app for the coast-to-coast barclay's card)
Between me and the wife (she got in before the Chase limits) we have only $170K.
Just under 2 years ago we had over $1,000,000 of free money. So it goes.

jackcrawfish said:cameron2003 said:Here is an AOR I started a few weeks ago. Still in progress:

APR Mo. BT Fee BT Fee Issuer Card Thread Apply Notes
0% 12 3% $50 Barclays I Fly America card APPROVED - $5,000; Consolidated to $13k
0% 12 2% $30 BofA NEA Platinum Plus APPROVED - $5,000; Consolidated to $7400
0% 12 3% $75 Chase Disney Rewards DENIED
0% 12 $0 $0 Citi Drivers Edge Optns Plat Sel APPROVED - $7,300; Consolidated to $18,100
0% 12 $0 $0 US Bank TheLinuxFund.org APPROVED - $15,000
0% 12 3% $99 Wachovia Visa Platinum DENIED
0% 12 3% $75 USAA Total Rewards World APPROVED - $25,000 (Invitation)
0% 12 3% $75 USAA American Express APPROVED - $25,000 (Invitation)

0% 15 3% $75 Barclays BankAtlantic Business Card DENIED
0% 12 $0 $0 Citi CitiBusiness Card with TYN DENIED

Both my business cards were denied.I'm curious to know whether you had any adverse action? This spree was from June this year and I'm wondering whether USBank and/or USAA chopped any lines down for you?

USAA and US Bank didn't do anything. I have adverse actions galore from BofA and Chase. Cut lines and cancelled cards. I got 8 Chase letters in one day a few weeks ago about cut lines. Oh well.

Posted this in the newbie thread and nobody cared, so trying here as I'm considering an "Un-AOR/Cancel-o-Rama"...

I have over 30 CCs (mostly personal, some biz) including the wife's handful, very many obtained over a couple of AORs in the previous few years. With the chance of existing cards tossing worthwhile offers my way surely being nil, I'd just as well not have the "maintenance" of all these cards, or make my wife faint when she opens up the "master info doc" if I pass. Losing the ability to consolidate/reallocate and the general landscape makes scaling back the obvious choice for me. There's about 5 we use in the ol' optimal reward rotation, and then when I put the rest into piles I get 9 to keep with various reasoning and 11 to cancel (Discover Gas in Jan would make 12).

CreditKarma score at 751, I got a new mortgage in April and have no need for my credit score...would like to keep all the accounts I decide I want to keep is about it. Should I stagger the cancellations, request CLIs on cards I'm keeping before/after, by issuer? Or the hell with it and just do whatever? The total CL I cancel for personal may barely reach 10% of my overall looking at the stack; there's several business cards here.

If this matter is of any interest at all, I can make a new thread with more detail chronicling the process...

ColbyS said:MaddHatter said:If this matter is of any interest at all, I can make a new thread with more detail chronicling the process...
Vote +1

Vote +2

jackcrawfish said:specmaker said:ColbyS said:MaddHatter said:If this matter is of any interest at all, I can make a new thread with more detail chronicling the process...Vote +1Vote +2Vote +3

I like the idea very much.

It will be very interesting to discuss the issuers you have currently and draw strategize with you on your "UN-AOR"

Wowsers, alrighty then. I'll post a thread later tonight (and edit this post with its location) after compiling all the wonderful relevant data.

I think its a great idea also. I just finished closing a bunch of accounts (I had over 70 when you add in the wife

No retention offers at all. Only discover even asked me if I was sure I wanted to close them. Only a few even asked why.
That's 40 cards among Citi, Chase, Discover, Cap One, (biz and personal for those 4) US bank, PNC, Mechanics, Commerce Bank, UMB, Bank of the West, Vectra
Bank of America and AMEX were wife only, I'm keeping my $170K limit cards
There are probably a couple I forgot
And not a single offer.
VanceWade said:Great idea. I will be very curious to see if/which rentention offers they make available to you.

devildoc said:Just under 2 years ago we had over $1,000,000 of free money. So it goes.

Wow.

I did a 20K BT from BankAtlantic to a Bank of America card with 0 balance but when I called BOA to get a refund of the negative balance I was told that they'll have to send the funds back to its origin not to me. They will not send a check to me or do a direct deposit to my checking account.

Any thoughts on this and how to overcome this obstacle?

I spoke to one and she put me on hold to check.
She came back and she said it is against BOA policy to give me the funds.
I asked for a check to me and she said no, and after I asked for DD, also no.

A year ago they send me a check for overpaying but it was for around $100.

If anyone has any ideas please post.

double post, please delete