Credit Profile:
25 Years Old, 7 years credit history, $50K/year income, single, rent
Gameplan:
Hit as many creditors as possible for 2-3 cards each, hopefully get the sign up bonuses then transfer the limits onto one card from which I can get a 0% BT offer.
Potential Problems:
I was past due 60 days 3 years ago (not my fault but direct loans will not budge and I can't prove otherwise to the credit bureaus) but have since been approved for all the cards I currently own
Recent Move (2 months ago) = Address Problem
Credit Bureaus not showing me as being employed
Fico:
~700
Cards I own:
Chase Cash Plus (Original Limit: $500, CLI Increased to: $4,500 limit-no hard pull) - 10% utilization, 1 Year
Bank of America Plat: (Original Limit: $2,000 CLI Increased to: $4,500 limit) - 0% utilization, 2 1/2 Years
Bank of America Choice Privledges: (Original Limit: $4,000, CLI Increased to: $8,600 limit) - 0% utilization, 4 Months
Citi AAdvantage ($8,500 limit - Does not report CL, CLI Increase denied without hard pull) - 0% utilization, 10 Months
+
Student Loans:
Direct Loans $26,000
Citi Loans $10,000
AES: $8,000
Cards I applied for in the following format (Cards appear in the order I applied for them):
Issuing Bank & Card Name, Bonuses offered (including 0% BT), Application Status, Credit Limit
1) Chase United, 25,000 miles & 0% APR for 6 months, Deferred ->Approved, CL: $10,000
2) Juniper US Airways, 25,000 miles + 0% BT offer for 6 months Instant Approval, CL: $7,500
3) Citi AAdvantage Business, 20,000 miles, Deferred ->Approved, but citi needs proof of address, CL: Unknown
4) Juniper Midwest, 30,000 miles + 0% BT offer for 6 months (FYI: $69 annual fee) - Deferred ->Denied: "Sufficient Credit with Juniper"
5) Bank of America USAirways Signature, 25,000 miles + 0% APR for 6 months, $40 card offers ($90 annual fee), Deferred ->Approved, CL: $8,000
6) AMEX Starwood, 10,000 Starwood Points, Instant Approval, CL: $3,000
7) First USA Bank NWA Worldperks - 20,000 miles (FYI: $90 annual fee), Deferred ->Approved, CL: $10,000
8) Citi Pimier Pass Elite, 15,000 TY Points (30,000 when matched by flight points) + 0% BT w/ no BT fee, Deferred ->Approved, but citi needs proof of address, CL: Unknown
9) Chase Sony Card, $100 statement credit & 0% for 12 months, Deferred ->Approved, CL: $0, had to move Balance from other cards to open
10) AMEX Delta Gold, 17,500 Miles, Deferred ->Approved, CL: $2,400
11) Discover Miles Card - 12,000 "miles" (good for $100 credit & 0% BT for 12 months w/ NO BT FEE & $40 card offers, Deferred ->Approved, CL: $5,000
12) Bank of America Platinum Plus, Free Ipod + $50 statement Credit, Deferred ->Approved, CL: $0, had to move CL from other cards
13) Chase Marriat, Category 1-4 Free Night voucher + 15,000 points good enough for another free night & $40 from cardoffers, Deferred ->Approved, CL: $5,000
14) Citi MTVU Card, 5% on restaurants (hoping Citi will think I'm still enrolled seeing as I am a recent graduate) & $33 Cardoffers, Deferred ->Approved, but need to confirm student status, which I will be unable to do
15) Juniper Spirit Airlines, 25,000 miles + 0% BT for 6 months, Deferred ->Denied: "Sufficient Credit with Juniper"
16) Providian/Wamu, Access to credit score + 0% APR for 12 months, Instant Approval, CL: $750
17) (Tiger Direct) AMEX Business Gold, $150 Gift Card + $100 Statement Credit + 5,000 points (to be transfered into miles), Deferred ->Approved, CL: None, Cha
New Credit so far: $48,950 + Citicards that have yet to come in
Summary:
3/17 for instant approval
15/17 total approval rate
The instant approval rate had me worried, however after the fact I must consider this app-o-rama a major success.
Than again, with all the travelling you plan to do, a Premierpass might do you good with its flight pts bonus thing.
