I am sorry Dbalkunjr.....That was a mistake....

Some high stats from the Quick Summary Above (14 Scenarios)

Max Cards Applied: 54
Highest New Credit Approved: $356,000
Highest Bonus in return: $1193
Highest Income from BT: $7500 (Gross)

Just a quick question, guys ... I have some revolving balance because I had a 0% APR deal through Chase (I had signed up actually for the sign up bonuses) ... and I guess I did my own kinda A-O-R because I left about 8k or so in a savings @ 5% for that time period ... Now it's time to pay it off ... the question is - should I wait until I pay off the balance and THEN do a 'PROPER' A-O-R or does it not really matter?

OR, worse yet, should I have to wait quite a while before I start the A-O-R to cause the least damage to my FICO ...

FYI, my FICO is in the 760's last I checked *won't be there anymore because it was a while ago) and until this last year I never carried a cent of a balance ... I'm wondering if I hurt or helped my FICO with the carrying of this balance over the last year or so ...

Any help is appreciated, and please move this post if it's in the wrong place Thanks!

You know, being in this thread I should definitely be more aware of those numbers but I'm not lol ...

I know that I have at least 110k (being quite conservative) in credit lines ... my credit lines on those cards (I lumped two Chase balances together in my other post) alone is about 30k ... The outstanding balance is about $6500 at this point ...

rajee said:UPDATE ... My credit lines via credit cards are about $120,000 ...

I have a car lease of $390 a month for 24 months (one year into it almost)

I have med school loan amount of about $90k ...

That should shed some light on the situation...

SO how are you guys making money off these cards? You take a cash advance and throw it in a CD or savings acct? Are there easy ways to find the best deals on what rate you can borrow the money on - ideally 0%? ... I've got money in HSBC and am getting 5.05% ... if there's a better rate out there with the right amount of money, I'll move it .. but for my $8k or so it's really not worth the move right now ...


It's called a BT to your checking account w/ a 0% offer that has a cap on the fee... (typically $75) and you put it in a mma, and pay min till it's due... you can get from most lenders BT checks to your self.. or to your bank account. Hope this helps... it's also under the FAQ i believe

Name: fatwallet2099
FICO and/or FAKO : 786
Applied # ?? maybe 40 plus
Approved # 25
Approved %
TimeFrame: 10/1/06 till 3/10/07
HouseHold Income: 170000
Reported Utilization Before: less than 10
Total CreditLimit Before: 40,000
New CreditLimit from AOR:250,000
Total Credit limit after AOR:290,000
Bonuses from AOR: $5500.00 $1400 of it outright credits
FICO and/or FAKO scored decreased: FICO 673
Expected Income from money invested from AOR 3,500

Utilization after: 40%

thanks for the woderful thread

Wow, it is a nice compilation. Thanks for that info. I am planning to do one in June. It will be a very useful guide for me.

OK, I formatted the post to use a similar style as I did for the Credit Card Issuer FAQ.

I also rearranged the fields a bit, e.g. to put before/after FICO together, and NEW CL FROM AOR right after APPROVED %.

I added a few fields; see the notes at the top of the Quick Summary. There's no guarantee my math is right on the "x times HHI" (I already found one typo). Also, I made a few changes to the Quick Summary after sorting; yet another potential source of typos.

One benefit of standardizing field names and much of the contents: sorting plus a bit of post-processing provides a quick way to see the full range for any field. (I've had trouble with extra long Quick Summaries, so I'm putting this here for now. Feedback welcome.) Many of the field contents could use even more editing to simplify comparison, but I've already spent waaay too many hours on this!

April 5: ok, I standardized a few more, added Pakaderm's info, and simplified the personal/bus format to follow Pakaderm's example.

# inquiries BEFORE: 0 + 1 + 1
# inquiries BEFORE: 5 within 6 months, including 2 from the week before the AOR (got impatient and jumped the gun)
# inquiries BEFORE: 8 TU, 12 EX, 9 EQ = 2, 5, 4 (within 6 mo) + 5, 6, 4 (6-12 mo) + 1, 1, 1 (over 12 mo)
# inquiries BEFORE: unknown

# years of credit:
# years of credit: 12+, no negatives
# years of credit: 20+
# years of credit: 8+
# years of credit: Average card age was ~ 4 years old, oldest was 6 yrs

Applied #: 9
Applied #: 10
Applied #: 11
Applied #: 12
Applied #: 12 (11p 1b) => 2 amx, 2 citpers, 1 citiBusin, 2 chase, 3 BofA, 1 Disc
Applied #: 13
Applied #: 13 (10p 3b)
Applied #: 13 (8p 5b)
Applied #: 13 (p)
Applied #: 15 plus 2 rejected as duplicate apps: Discover (1 card ever 30 days) and Chase Rewards (tried for both MC and VISA)
Applied #: 16
Applied #: 17
Applied #: 18 (17p, 1b)
Applied #: 19
Applied #: 20 (2 checking/savings)
Applied #: 24 (17p 7b)
Applied #: 27 (21p 6b); plus 2nd Discover, 2nd Juniper and 3rd Citi rejected for too many apps
Applied #: 30
Applied #: 40 plus ??
Applied #: 65 (54p 11b)

Approved #: 8
Approved #: 9
Approved #: 10
Approved #: 11
Approved #: 11 (10p 1b) => denied by citi for 2nd personal card
Approved #: 12
Approved #: 12 (11p, 1b)
Approved #: 14 (2 checking/savings)
Approved #: 15
Approved #: 17 (11p 6b)
Approved #: 2 (2p 0b)
Approved #: 20
Approved #: 24 (17p 7b); CapOne (I already have one), Principal (InfiBank; I have a different card of theirs), Commerce Bank
Approved #: 25
Approved #: 25 (21p 4b)
Approved #: 29

Approved %: 100%
Approved %: 105% (*got 2 AMEX Delta Biz Gold cards even though I only applied for 1)
Approved %: 15% (25%p 0%b)
Approved %: 38% (39%p 36%b)
Approved %: 62%
Approved %: 67% (65%p, 100%b)
Approved %: 69%
Approved %: 70%
Approved %: 71% (65%p 86%b)
Approved %: 75%
Approved %: 81.81%
Approved %: 88
Approved %: 89% (81%p 116%b); I applied for 1 Chase Bus card and got 2!
Approved %: 92%
Approved %: 97%

Bonuses from AOR: $ 100
Bonuses from AOR: $ 175
Bonuses from AOR: $ 200 (approx)
Bonuses from AOR: $ 440
Bonuses from AOR: $ 565
Bonuses from AOR: $ 650
Bonuses from AOR: $ 700
Bonuses from AOR: $ 705
Bonuses from AOR: $ 933: $513 cash + 42k thankyou points
Bonuses from AOR: $1,193 value: $343 Cash + $500 GC + $375 Statement Credit
Bonuses from AOR: $1,265 value: $190 Cardoffers.com, 40K ThankYou pts, $375 Statement Credit, 17.5K Delta Miles, 12.5K Starwood pts
Bonuses from AOR: $1,500 in rewards (card offers & sign up bonus) $1,200 Cash Back over next year for new rewards programs for purchases.
Bonuses from AOR: $1,980 value: $155 check from Cardoffers, $625 cash/statement credits, 50K ThankYou Points, $50 AMEX Points for GC's, $150 Tiger Direct GC, 50K UA Miles
Bonuses from AOR: $1,000+
Bonuses from AOR: $2,200 value: $550 cash, 165k miles (maybe more after dumping BT money in Fidelity or Ameritrade)
Bonuses from AOR: $2,415 if points valued at 1 cent each
Bonuses from AOR: $5,500 value; $1,400 of it outright credits

Date: ? ~1 hour
Date: 05 Nov 2006; took about 5 hours
Date: 07 DEC 2006
Date: 10 Nov 2006; 36 days to receive all cards
Date: 10/1/06 till 3/10/07
Date: 14 NOV 2006
Date: 19 DEC 2006
Date: 21 Dec 2006; ~3 hours
Date: 22 JAN 2007
Date: 22nd DEC 2006
Date: 23 January 2007
Date: 24 DEC 2006
Date: 26 DEC 2006 ~1 hour
Date: 28-29 December 2006
Date: 3.20.2007, 0630 PST
Date: 30 Jan 2007 (11 cards, had applied for 2 a week earlier)
Date: 9/06 all apps on same day
Date: Feb 2007, 3.5 hrs (spread over 2 days) to execute, many days to prepare
Date: Mine was a rolling accidental AoR that started early Oct ended Mid Nov

Expected AOR interest: $ 445 = $8,900 ACH * 5.00%
Expected AOR interest: $ 775 (used $2,000 0% bt to open many new bank accounts for signup bonuses as opposed to letting it sit in 5% to make ~50-75 bucks)
Expected AOR interest: $1,300
Expected AOR interest: $1,767: $ 30,000 in 5.45% APY 6m CD; $38,000 in 5% savings
Expected AOR interest: $2,000 = $40,000 * 5%
Expected AOR interest: $2,500 (at least)
Expected AOR interest: $2,500 (GROSS)
Expected AOR interest: $2,500, possibly more.
Expected AOR interest: $3,000-4,000 after taxes and BT fees
Expected AOR interest: $3,500
Expected AOR interest: $4,000-5,000 over 12 months
Expected AOR interest: $4,500 net
Expected AOR interest: $4,800 (approx)
Expected AOR interest: $5,600 (before tax)
Expected AOR interest: $7,500 gross
Expected AOR interest: No BT's yet, but financing car soon.

FICO / FAKO after: [will update]
FICO / FAKO after: 10 point drop
FICO / FAKO after: 10-20 point drop from inqs, none of the balances reported yet
FICO / FAKO after: 100 point drop, 668 eq, 667 ex, 667 tu
FICO / FAKO after: 11 point drop
FICO / FAKO after: 113 point drop (FICO 673)
FICO / FAKO after: 142 point drop (635 EQ true FICO on 03 FEB 2007; TrueCredit FAKO: 672 TU, 639 EX, 754 EQ)
FICO / FAKO after: 17 point drop (730 / 750 / 739); not all accounts reported yet
FICO / FAKO after: 22 point drop
FICO / FAKO after: 30 point drop
FICO / FAKO after: 30 point drop (TU-742 EXP-708 EQ-723; Obviously not all balances reporting yet)
FICO / FAKO after: 30 point drop to 781 FICO
FICO / FAKO after: 32 point drop (average), bumped to -2 (average) after 1 month
FICO / FAKO after: 67 point drop: 643 TU, 668 EQ, 655 EXP
FICO / FAKO after: FAKO TU-747 EX-727 EQ-772 (still changing as BTs hit)
FICO / FAKO after: Not sure yet, TrueCredit subscription expired. Will sign up for free service and check after BT's finish
FICO / FAKO after: unknown (still too lazy and cheap)
FICO / FAKO before: 709
FICO / FAKO before: 724 (ELOAN)
FICO / FAKO before: 728 EX, 707 EQ, 695 TU
FICO / FAKO before: 750 / 760 / 760 (FAKO)
FICO / FAKO before: 753 TU, 754 EXP, 756 EQ (Identity Monitor- Citibank)
FICO / FAKO before: 756
FICO / FAKO before: 761 (Mortgage CS)
FICO / FAKO before: 761 TU
FICO / FAKO before: 768 (Equifax FICO); 753 eq, 754 ex, 739 tu (FAKOs)
FICO / FAKO before: 775 EX FICO; FAKOs 730 TU, 759 EX, 769 EQ
FICO / FAKO before: 777 EQ true FICO; TrueCredit FAKO: 776 TU, 772 EX, 795 EQ
FICO / FAKO before: 781 TU, 732 EXP, 750 EQ
FICO / FAKO before: 781/780/781 EX/EQ/TU
FICO / FAKO before: 786
FICO / FAKO before: 787 FICO; CS/PG: Experian: 761/764, Equifax: 761/765,TransUnion: 761/773
FICO / FAKO before: 791 EQ FICO; FAKO: 754 Exp, 769 TU
FICO / FAKO before: 811 (Lowest of real FICOs)
FICO / FAKO before: FAKO TU-772 EX-754 EQ-780
FICO / FAKO before: Nov 11 & Dec 19,TransUnion 719---730,Experian --759---759,Equifax ---723---723
FICO / FAKO before: unknown (too lazy and cheap to pay)

Household Income: $ 15,000
Household Income: $ 36,000 (stated)
Household Income: $ 65,000
Household Income: $ 75,000
Household Income: $ 80,000
Household Income: $ 85,000
Household Income: $ 90,000
Household Income: $100,000
Household Income: $102,000
Household Income: $105,000
Household Income: $140,000
Household Income: $170,000
Household Income: $175,000
Household Income: $200,000
Household Income: $230,000
Household Income: $250,000
Household Income: $300,000+
Household Income: $90,000+
Household Income: upper five figures

Name: alleni thread
Name: Baldrick
Name: CardJuggler
Name: cyberkost thread
Name: Dbalkunjr
Name: djspray thread
Name: DRACO067 thread
Name: fatwallet2099
Name: FirstNational thread
Name: Freddingo!
Name: FWF NOOB
Name: grendhal
Name: mjohns2
Name: Mrs. Psychtobe thread
Name: Pakaderm thread
Name: Scott1961 thread
Name: SecondCor521 thread
Name: Snyder81
Name: THYTIMO
Name: WashWest101 thread

New CL from AOR: $ 20,000 = 1.3x HHI
New CL from AOR: $ 24,100 = 0.28x HHI
New CL from AOR: $ 39,400 = 0.44x HHI
New CL from AOR: $ 45,000 = 0.69x HHI
New CL from AOR: $ 55,000 = 1.5x HHI
New CL from AOR: $ 59,000 + some unknown
New CL from AOR: $ 83,300 = 1.1x HHI
New CL from AOR: $102,500 - 0.98x HHI
New CL from AOR: $102,600 = 1.3x HHI
New CL from AOR: $121,000 = 1.34x HHI
New CL from AOR: $155,000 = 1.6x HHI
New CL from AOR: $162,000 = ?x HHI
New CL from AOR: $193,000 = 1.9x HHI
New CL from AOR: $250,000 = 1.47x HHI
New CL from AOR: $259,900 = 1.5x HHI
New CL from AOR: $271,500 = 1.18x HHI
New CL from AOR: $294,900 = 1.47x HHI
New CL from AOR: $295,000 = 2.1x HHI
New CL from AOR: $307,000 = 1.2x HHI
New CL from AOR: $356,000

New CL from CLI: $ 6,200 post-AOR (hard pull)
New CL from CLI: $ 23,000
New CL from CLI: $ 61,700 (some with "hard pull" noted above)

Total CL AFTER: $ 34,500 = 2.38x before
Total CL AFTER: $ 47,400 = 2.03x before
Total CL AFTER: $ 56,000 = 56x before!
Total CL AFTER: $ 62,300 = 3.6x before
Total CL AFTER: $114,275 = 2.07x before
Total CL AFTER: $124,500 = 5.66x before
Total CL AFTER: $143,300 = 1.38x before
Total CL AFTER: $150,600 = 3.4x before
Total CL AFTER: $152,600 = 3.48x before
Total CL AFTER: $211,000 = 2.83x before
Total CL AFTER: $234,000 = 2.96x before
Total CL AFTER: $247,000 = 4.57x before
Total CL AFTER: $290,000 = 7.25x before
Total CL AFTER: $355,200 = 2.93x before
Total CL AFTER: $399,500 = 3.12x before
Total CL AFTER: $401,500 = 8.92x before
Total CL AFTER: $419,000 = 3.74x before
Total CL AFTER: $427,200 = 1.61x before
Total CL AFTER: $445,000 = 2.97x before
Total CL AFTER: $518,600 = 3x before (less about $10K subsequently lost due to adverse action)

Total CL BEFORE: $ 1,000 (yes $1,000)
Total CL BEFORE: $ 14,500
Total CL BEFORE: $ 17,300
Total CL BEFORE: $ 22,000
Total CL BEFORE: $ 23,300
Total CL BEFORE: $ 40,000
Total CL BEFORE: $ 43,800 reporting, $19,000 on non-reporting Chase card
Total CL BEFORE: $ 44,300
Total CL BEFORE: $ 45,000
Total CL BEFORE: $ 54,000
Total CL BEFORE: $ 55,275
Total CL BEFORE: $ 78,000
Total CL BEFORE: $ 79,000
Total CL BEFORE: $103,900
Total CL BEFORE: $112,000
Total CL BEFORE: $121,300 (AMEX pulled $26,000 of this for my new cards)
Total CL BEFORE: $128,000
Total CL BEFORE: $150,000
Total CL BEFORE: $173,000 (though $11,000 was taken for new cards)
Total CL BEFORE: $265,200

utilization AFTER: 33% (credit cards only)
utilization AFTER: 35% (planned)
utilization AFTER: 40%
utilization AFTER: 80% (do this at your own risk!)

utilization BEFORE: 0.15%
utilization BEFORE: 0.19%
utilization BEFORE: 0%
utilization BEFORE: 0%
utilization BEFORE: 1-3%
utilization BEFORE: 1% (approx)
utilization BEFORE: 10% (approx; credit cards only)
utilization BEFORE: 10% (or less)
utilization BEFORE: 15%
utilization BEFORE: 3-5%
utilization BEFORE: 3% (approx)
utilization BEFORE: 32%
utilization BEFORE: 4%
utilization BEFORE: 5% (or less)
utilization BEFORE: 6.6%
utilization BEFORE: few % (though 89% on a HELOC; not sure if that matters)

Name ___: Dman081
Date ___: 4-10-07 & 4-11-07 afternoons
FICO / FAKO before : FAKO TU-745 EX-734 EQ-734
FICO / FAKO after _: FAKO TU-734 EX-734 EQ-734 (only inqs have posted)
Applied # ____: 21 (12p 9b)
Approved # ___: 8 (only instnt apps so far) (6p 2b)
Approved % ___: 38%
New CL from AOR ___: $37,100 = .26x HHI
Household Income __: $140,000
# years of credit _: 6
# inquiries BEFORE : 1 + 0 + 1
utilization BEFORE : 1-3%
Total CL BEFORE ___: $ 98,000 ($10,000 of which non-reporting business)
New CL from CLI ___: none yet
Total CL AFTER ____: $135,100 = 1.38x before
utilization AFTER _: 45% (planned)
Bonuses from AOR ____: unknown
Expected AOR interest: unknown

All finished up. Let's hope a good number of my deferred applications come through. At the very least I've freed up a good amount of 0% low or no fee BTs on my existing major bank lines (Citi, Chase, BofA). Too bad Card Offers isn't paying up anymore.

Is "Expected Income from money invested from AOR: " is net (AOR interest - Minimum payment - Tax of AOR interest - etc.,) or just AOR interest?

Thanks