can't wait to see the approvals start to roll in!

btw, what's up with cap one?

Preferred no Hassle Miles Business 0% 12mo NBTF?

it's 0% on purchases only, from what i can tell.

thisguy said:


8> BOA Business Visa Platinum 0% for 12mo NBTF
Deferred

9> BOA Business Power Rewards 0% for 9mo NBTF
Deferred

Thisguy

Are you sure about the NBTF: According to their terms and conditions:
Cash Advance Fees (including Convenience Checks, Balance Transfers and Overdraft Protection): 3% each transaction (min. $10)

Did you ask for a BT at the time you applied for the In:Chicago AMEX? If not how are you planning on doing a subsequent BT? According to the terms it seems that they could assess a fee...

Terms Conditions and Disclosures
"Balance transfer fee: There is no balance transfer transaction fee associated with this offer. However, future balance transfers may incur a fee as disclosed at the time of the applicable offer or transaction.This fee, if assessed, is a Finance Charge. Fee for Cash Advances: 3% of each transaction with $5.00 minimum and no maximum."

Updated again to add 3 new approvals on 7/5/07. Juniper USAir ($20K) & Nat Park ($5K) + Citi Business (unknown). I will probably want to move the bulk of the credit line from the USAir card to the Nat Park card for a longer BT before doing the transfer but the online system said we have to receive and activate the card first anyway. I think there might have been miles with the USAir card that come from transferring a certain balance so I'll have to look into that first. Hopefully the approvals will keep coming in and I'll keep posting them!!

Thisguy

thisguy said:sammy1224 said:Did you ask for a BT at the time you applied for the In:Chicago AMEX? If not how are you planning on doing a subsequent BT? According to the terms it seems that they could assess a fee...


Terms Conditions and Disclosures
"Balance transfer fee: There is no balance transfer transaction fee associated with this offer. However, future balance transfers may incur a fee as disclosed at the time of the applicable offer or transaction.This fee, if assessed, is a Finance Charge. Fee for Cash Advances: 3% of each transaction with $5.00 minimum and no maximum."

Well I don't believe that I did but I did for some of the no fee ones. I am pretty sure I didn't on this one because I would have wanted to reallocate some existing AMEX lines first. We'll see what happens but I assumed that the terms meant that within some initial timeframe you could transfer a balance with no fee but after the initial offer period you would pay a fee on future transfers. I have seen this before where the car comes with a check you can use. I will definitly post an answer when I find out!

Thisguy

Just be careful... I found the following info in another thread (http://www.fatwallet.com/forums/messageview.php?catid=52&threadid=735395&lastpage=1) ...

I have both the In Chicago/NYC. First i just applied for them (got CL's of 3.2 and 2.6k), then did CLI on crack online and got a 10.2 and 24.9 CLS. Then I wrote a 9k and a 23k BT check to my girlfriend (careful you write this to someone you trust) and had her deposit it, then write me a check for me to deposit in my own checking. This seemed the easiest/best option for me to get the money as you cannot write the checks to yourself except at a cash advance rate (and not direct deposit to checking). I would strongly recommend to not specify the the BT's at application and do the CLI online first so you can get a much larger CL. You can request the checks (just call in to get them mailed to you) and they are still 0%, no fee for 6 months as long as you do not write it to yourself.

thisguy said:Not sure what to do about it but I sure would have preferred not to have that inquiry on my credit report with my AOR just around the corner.
Shrug it off! A few inquiries before an AOR are no big deal, e.g. some people go for CLI because they want larger CL reporting.

You can definately shift available credit with AMEX - I just received an In:LA card and shifted available credit onto it no problem. You can also initiate 0% BT's online with AMEX - very easy.

Great job on the App-o-rama by the way.

thisguy said:Seamanser said:You can definately shift available credit with AMEX - I just received an In:LA card and shifted available credit onto it no problem. You can also initiate 0% BT's online with AMEX - very easy.

Great job on the App-o-rama by the way.

What is the largest BT you think you can safely do with AMEX without incurring the dreaded financial review? I had a line up to $100K ready to do a BT last year but then I got scared and only did $24K to be careful.

Thanks,
Thisguy

It probably varies, but I got FR'ed for BT'ing just $50K.

thisguy said:Updated to add additional approvals

And again, added Discover business and Miles approvals

Updated to add more totals and new approvals. They just keep coming in and the credit limits are great. I can't believe how much we're adding here. Together with my apps in part 2 (upcoming) we should easily make $1M in total available credit. Thanks again for all of your help. I will continue to update and add BT info as I complete the transactions.

Cheers!
Thisguy