I am a newbie to the board and to the whole concept of AOR's. However, I've done some research and I am definitely looking to pull the trigger on my first AOR within the next couple of weeks. With that said, I am hoping to get some help and suggestions from the experienced. Here are my vitals:

Age: 20 (junior undergrad student)
Credit Age: 2 years (got my first credit card when I turned 18)
Credit Score: 737 (from TrueCredit 30 day free trial)
Household Income: $120,000
Extra Info: I currently live at home and have been an authorized user on my parents' credit cards since I was 16.

Goals:
1. To make some extra cash on BT's
2. To build credit history and increase my FICO score (I know I will take a short term hit by doing an AOR)
3. Cash in on some extra bonuses that the banks are giving

Credit History:
Citi Simplicity - $9,000 limit
Discover CashBack Bonus - $1,250 limit
3 Merchant Cards - $1,000 limit on each

So far I plan to apply for up to 10 credit cards. Here is my current list of cards I plan to apply for, but I need your help for more:

1. Citi mtvU
2. Bank of America Visa LINK
3. American Express IN:LA Card
4. Citi Upromise (not sure if this applies to Citi's 2 card per 60 days policy)

Please help me out with some more. I'm definitely looking for cards with 0% as well as no fees on BT's. Any suggestions would be useful as I begin my App-O-Rama. Thanks in advance.

You need to wait a few years, man. Your credit history is much too short
to qualify for any high credit limits. Wait another 3 or 4 years, when your credit
limits are more like 20k instead of 9k. That is when you can make good money.
I am a college junior as well, with a 2 year old credit history. I would love
to do an AOR now but there is no point because I won't get any decent credit lines.
Wait a few years so that you can truly profit.

Remember tho, you will need to hold off on the AOR if you are looking to rent a place,
apply for car insurance, get a car loan, personal loan, etc. (because the AOR will put
a dent in your credit history for one or 2 years)

not true thinker. the inquiries stay on credit for 2 years, but credit score effects of an AOR are gone after 6 months.

wiredspider said: You can check out my AOR from a few months ago here. I had even less credit history than the the OP.

I looked at your AOR and you got a lot of deferred apps. Also, you got a total
credit line of around $65,000. Shouldn't I wait a few year so that I can get a total
credit line of $150,000? That will bring in much more interest than 65k.

wiredspider said:, going to China courtesy of Citi. Spending money courtesy of Chase and AMEX. very nice!

thinker, you really need to read the AOR threads. there are multiple people here approaching or exceeding 100 cards. I have never had a lender concerned with all the accounts, and they are not a hassle to manage.

SUCKISSTAPLES said:thinker, you really need to read the AOR threads. there are multiple people here approaching or exceeding 100 cards. I have never had a lender concerned with all the accounts, and they are not a hassle to manage.
...and all the mail makes you seem important.

djspray said: ...and all the mail makes you seem important.

Good point. Getting 50 account statements each month? That's a bit crazy.
Are a few thousand bucks interest worth a credit report filled to brink
and a mailbox stuffed like crazy? Even if you opt for e-Statements, that's a lot
of email!

TheThinker said:djspray said: ...and all the mail makes you seem important.

Good point. Getting 50 account statements each month? That's a bit crazy.
Are a few thousand bucks interest worth a credit report filled to brink
and a mailbox stuffed like crazy? Even if you opt for e-Statements, that's a lot
of email!
You only get bills for cards that you use, and sometimes they even cancel small amounts(see here). It's not really as bad as you'd think, all the solicitations for new cards and offers are more of a pain to sift through...until you strike gold.

TheThinker said:I looked at your AOR and you got a lot of deferred apps.What does it matter if it's instant or deferred?


TheThinker said:Also, you got a total
credit line of around $65,000. Shouldn't I wait a few year so that I can get a total
credit line of $150,000? That will bring in much more interest than 65k.Doing some back of the envelope math it looks like 5% of 65k is only $3250 - you're completely right, Thinker, it's best to leave that alone and wait around a couple of years.

For the OP: there's a list of good 0% offers linked on the first page of the AOR thread. Start your research there.