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posted: Aug. 20, 2007 @ 1:17p

I still haven't seen the parent/employee lines "settle down" per my CitiBiz Post. Should I call?

Also FYI... I was mistaken in my understanding of successful reallocation from personal PPE.

I reallocated the Business Premier Pass card - not the personal PPE. I have no record of applying for the BIZ Premier Pass but I do have record of the personal PP Elite. This is why I misrepresented the reallocation. Sorry all, for the mix up.

I didn't even try to reallocate the personal PPE to CitiBiz. I simply called to consolidate the line to my high daily use PlatDivSelect card ($75 annual fee on the PPE and such).
posted: Aug. 20, 2007 @ 2:50p

Sure, calling about the lines couldn't hurt. Who knows, maybe my "settling down" coincided with a statement cycle or something.

Thanks for clarifying on personal PPE (PPPE?) vs. business PP (BPP?). I don't fee so bad about giving up on my own PPPE.
posted: Aug. 21, 2007 @ 10:46a

I called 08/20
Rep was confused by why the lines did not match up. She said she couldn't adjust lines. She referred this manager for review (uh-oh). Sd to check this in the morning.

I called 08/21
lines for both parent and card accounts now show 18,500. My Professional (7.5k) and Business PP (2.0k) disappeared from the parent account. I called and spoke with "Glo" and she said those lines are being worked. She saw that the lines have been reduced on the Prof and BPPass cards 8/16 and it "should settle down soon." (her words exactly).

When I asked why the $3,500 from the UNIVERSAL settled more quickly, she could not say for certain. I didn't bother explaining the parent account saw the 2 missing increases while the child account did not - I am assuming the corrections are being made....we'll see
posted: Aug. 21, 2007 @ 10:23p

I called again (4PM cst). Different rep had to get his account manager to override. The rep promised w/in 3-5 days I'd see $28,000 line.

By 9PM I saw the new line and immediately "uncorked" with a check to self $27,160. woo-hooo !!!!
posted: Aug. 22, 2007 @ 11:38a

The AMX check deposited to spouse's brand new HSBC checking account posted 08/21. I inquired via email as to when those funds could be accessed. Here is the response:

  • Your deposit for $25,640.00 posted to your account August 21, 2007. Check deposits typically take 2 to 5 business days to clear with the funds becoming available in increments over that time period. Check deposit availability is at the branch's discretion and may depend upon the deposit amount and the location of the bank of which the check was written against (out-of-state vs. in-state).

I hope to get these funds directly over to FNBO by EOM however..... there is a disclaimer on FNBO's site regarding linked accounts. "You represent, warrant and agree that: (1) you shall not enroll an external account that anyone else owns or has an interest in; "

My question is: Irrespective of their policy, should I link my wife's account to FNBO anyway (my name is nowhere on the account)? Shuld I attempt a transfer from her account to mine? Will [linking]-[transferring from] her account raise flags at FNBO and will they close my account down? Or merely remove the link to hers?

I'm still noob material... thoughts anyone? A few links already researched were this post and and this one
posted: Aug. 22, 2007 @ 12:20p

jackcrawfish said: My question is: Irrespective of their policy, should I link my wife's account to FNBO anyway (my name is nowhere on the account)? Shuld I attempt a transfer from her account to mine? Will [linking]-[transferring from] her account raise flags at FNBO and will they close my account down? Or merely remove the link to hers?
Not to fuel the FNBO paranoia but I don't think that's a good idea. Aside from pissing off FNBO if Cashedge decides you're up to no good it could affect a lot more accounts.
posted: Aug. 22, 2007 @ 1:21p

I have no advice on FNBO, but I don't usually recommend making a BT deposit directly into a checking account, unless it's bearing a good interest rate. That's because a large check can routinely have the first $5k put on hold for 2/5 days, but the amount over $5k can be put on hold for an additional five or so days. We're talking about two weeks here.

Since I'm lucky enough to have a Fidelity branch in town, I just deposit there and it goes in the money market (holds before withdrawal are about 4 days). If not that, I'd deposit to a local high yield savings account with citibank. Failing that, I'd just mail the deposit directly to whichever institution I wanted it to get to, with the idea that losing a couple days in the mail is better than losing a couple weeks in the checking account.
posted: Aug. 22, 2007 @ 1:49p

kittenmittens said: jackcrawfish said: My question is: Irrespective of their policy, should I link my wife's account to FNBO anyway (my name is nowhere on the account)? Shuld I attempt a transfer from her account to mine? Will [linking]-[transferring from] her account raise flags at FNBO and will they close my account down? Or merely remove the link to hers?
Not to fuel the FNBO paranoia but I don't think that's a good idea. Aside from pissing off FNBO if Cashedge decides you're up to no good it could affect a lot more accounts.
Thanks, kitten. Your link had fantastic information related to ACH transfers and "transfer paralysis" which I had previously not read. green.
posted: Aug. 22, 2007 @ 1:58p

markkundinger said: I have no advice on FNBO, but I don't usually recommend making a BT deposit directly into a checking account, unless it's bearing a good interest rate. That's because a large check can routinely have the first $5k put on hold for 2/5 days, but the amount over $5k can be put on hold for an additional five or so days. We're talking about two weeks here.

Since I'm lucky enough to have a Fidelity branch in town, I just deposit there and it goes in the money market (holds before withdrawal are about 4 days). If not that, I'd deposit to a local high yield savings account with citibank. Failing that, I'd just mail the deposit directly to whichever institution I wanted it to get to, with the idea that losing a couple days in the mail is better than losing a couple weeks in the checking account.Agreed. Savings would have been better than checking.

(1) My wife had zero accounts soley in her name at the beginning of my AOR. (2) Concern from AMX that if I deposited a BT check into a joint account that bore my name anywhere, the check would be treated as CASH ADVANCE. (i know, MikeR - you said the rep was wrong but I played by the more conservative of rules with this one). So, I opened a checking (oops) account in her name soley (in hindsight I should've opened a savings).

  • There have been more than a few "I-should've-done-this" type of strategy blunders on my part with this first run. I'll add my learnings to the OP later this week.

Thanks, Mark for your response.
posted: Aug. 23, 2007 @ 12:36p

Per MikeR397, AMX calls you regardless of fair warning:

RECAP
08/16 I contacted AMX via secure-mail regarding check to spouse:

    Customer (myid@yahoo.com) 08/16/2007 03:34 PM
    FYI.... I paid fname lname $24,560 with check #3000. Since this is the first transaction from this account, I wanted to inform you to honor this check once the creditor deposits the funds to their account.

    Response (P. Anand) 08/17/2007 04:05 AM
    I appreciate your time and effort in informing us that you have submitted a check on the amount of $24,560.00 and would like this check to be approved....Rest assured, I have added this information on our records so that the check gets approved when it is received by the concerned department....

08/21 AMX Check to spouse deposited to her HSBC checking account
08/22 AMX now shows reduction in available credit by amount deposited
08/23 10am CST received call from AMX verified address, last 4 of SSN, and AMX offered to whom the check was written to.
posted: Aug. 27, 2007 @ 8:30a

Pulaski sent a letter declining my application for credit.

  • The reason given was: Unable to verify employment.

This was caused, I'm sure, by the fact I listed my own work number as the employer phone and when they called asking for verification I foolishly panicked and said, "please hold." I came back on the line after 30 seconds, apologized for the hold and transferred the call to the main front desk believing they would in turn give the Pulaski rep to HR. Either by employer (a)won't do verifications or (b) Pulaski thought the hold and transfer spiel was phony and the "front desk" was perhaps a friend in on "the game" of acquiring credit. I don't think I'll pursue this one as I've heard nothing but B-A-D things regarding Pulaski (cyberkost's experience here and here).

I also received a CLI declined letter from M&T (Elan) for the following principal reason: Missing Authorized Officer signature
posted: Aug. 29, 2007 @ 8:25a

HSBC checking account for spouse name only finally cleared AMX check I wrote to her for $25,640 (8th biz day since posting to HSBC). I immediately Xferred from her sole HSBC acct to our joint HSBC acct and finally to my sole HSBC acct. Inititated Xfer from my sole HSBC acct to FNBO.

I was playing it safe; following the rules AMX gave me (see this post).
posted: Aug. 29, 2007 @ 9:36a

markkundinger said: I have no advice on FNBO, but I don't usually recommend making a BT deposit directly into a checking account, unless it's bearing a good interest rate. That's because a large check can routinely have the first $5k put on hold for 2/5 days, but the amount over $5k can be put on hold for an additional five or so days. We're talking about two weeks here.

At my bank, Union Bank of CA, they will put holds on BT checks over $10K that I physically bring in. However, large electronic deposits from CC issuers have no hold period.

-Pak
posted: Aug. 29, 2007 @ 9:45a

jackcrawfish said: HSBC checking account for spouse name only finally cleared AMX check I wrote to her for $25,640 (8th biz day since posting to HSBC). I immediately Xferred from her sole HSBC acct to our joint HSBC acct and finally to my sole HSBC acct. Inititated Xfer from my sole HSBC acct to FNBO.

I was playing it safe; following the rules AMX gave me (see this post).But what else do you expect from The Space Monkeys

My bank does not hold checks, regardless of any amount, ever. They make the funds available the next day every time. (Fifth Third Bank)
posted: Aug. 29, 2007 @ 10:02a

Whoah, check holds are a common issue with deposits made at many banks, and to some extent, they're good policy by the banks (to avoid check kiting). That isn't too space monkey-ish.
posted: Aug. 29, 2007 @ 10:49a

I concur with markk....er on this one.

I am curious to learn of how FNBO calc's the interest for the account (days since funds available or days since funds posted to FNBO)? Any datapoints on this one???
posted: Aug. 29, 2007 @ 9:20p

From the monstrous FNBO thread, their account disclosures say they pay based on "collected balance", but FWF questions to CSRs have implied they pay off nominal ledger balance.

I'll find out in 3 days on my own account, as I made both check and ACH deposits.
posted: Sep. 1, 2007 @ 10:46a

5.84 APR = 6.00 APY... My statement showed $161.74 in interest earnings...Based on ledger balance, my own calculation shows as follows:

interest=(APR/365 days) "X" days ledger balance "X" ledger balance
$20.53=(0.0584/365)...................1.........................128339.73
$48.57=(0.0584/365)...................3.........................101179.73
$16.19=(0.0584/365)...................1.........................101180.73
$43.82=(0.0584/365)...................4..........................68466.00
$8.47=(0.0584/365)....................1..........................52916.00
$10.57=(0.0584/365)....................2..........................33016.00
$13.61=(0.0584/365)....................5..........................17011.00
$0.00=(0.0584/365)..................1.............................1.00
$161.75

So then it is in fact based on ledger and not available balance....
posted: Sep. 10, 2007 @ 12:59p

Saw the FAKO pain with EQ today. Balances beginning to report now with a 21 point drop at that bureau (111 point drop since beginning of AOR).

Interestingly, EX reported the 64,100 line from AMX and my score dropped 19 points.

When requesting CLI's for accounts which pulled TU on the front-end, would it be safe to assume TU on the backend as well? I may pull the trigger and CLI request for the NAT'L City card once the Inq falls off(personal utilization might be helped).... BRCLYSBANKDE did fall off today... I may ask for CLI for the business account (for realloc during 2.0 in 2008)....

Thoughts anyone? Threads anyone?
posted: Sep. 11, 2007 @ 11:04a

Detailed game plan from OP moved here (too cluttered as OP)

The Plan 8/10--------------------------------------------------The Plan "2" 8/13--------------------------------------------ACTUAL 9/10
AMX......... $28,845 45% fee=0 6 mo--------AMX......... $25,640 40% fee=0 6 mo-----AMX......... $25,640 40% fee=0 6 mo
NATLCITY..$9,000 60% fee=0 6 mo--------NATLCITY..$12,750 85% fee=0 6 mo------NATLCITY..$12,750 85% fee=0 6 mo
WELLS......$9,900 60% fee=0 6 mo--------WELLS......$14,685 89% fee=0 6 mo------WELLS......$9,000 55% fee=0 6 mo
---------------------------------------------*****PULASKI....$TBD up to 89% fee=0 6 mo

    -------$47,745 0 fee 6 mo investment......................$53,075 0 fee 6 mo investment.........$47,390 0 fee 6 mo investment

BOA............ $17,000 85% fee=0 12 mo----BOA............ $17,000 85% fee=0 12 mo------BOA............ $15,500 78% fee=0 12 mo
PRINCIPAL.. $9,600 69.1% fee=75 12 mo---PRINCIPAL.. $9,600 69.1% fee=75 12 mo--PRINCIPAL.. $9,600 69.1% fee=75 12 mo
CHASE........$5,623 60% fee=75 12 mo-----CHASE..............$0 0% fee=0 12 mo----------CHASE..............$0 0% fee=0 12 mo
CITI..............$18,600 60% fee=0 12 mo-------CITI.............$20,000 85% fee=0 12 mo-----CITI.............$20,000 85% fee=0 12 mo

    -------------$50,823 150 fee 12 mo investment.......$46,600 75 fee 12 mo investment..............$45,175 75 fee 12 mo investment

    -----------$98,568 ~~ 47% GLOBAL UTIL...........$99,675 ~~ 49.7% GLOBAL UTIL.............$92,565 ~~ 48.8% GLOBAL
    +Bizcrd|$74,950 ~~ 97% ..................................$82,545 ~~ 96%..................................$90,900 ~~ 90%

TOTAL =====$173,518 invested.....................................$182,220 invested...............................$183,465 invested
================================"X" 4.0% APY after tax ~~~ $7,000========"X" 4.0% APY after tax ~~~ $5,500
posted: Sep. 11, 2007 @ 11:05a

Detailed FAKO score progression moved here also

ALL NUMERIC DATA PRESENTED IN THE FOLLOWING BUREAU ORDER: TU,EX,EQ
METRICS INCLUDED ARE IN THE FOLLOWING ORDER: TC FAKO--OPEN--INQ--UTIL%

769,763,768--06,07,07--01,02,07--00%,00%,00%__07-19

766,757,749--06,07,07--03,05,16--00%,00%,00%__07-29__(30 minutes following completion of AOR)
769,757,749--06,07,07--03,05,16--00%,00%,00%__07-30__(EX FICO=787 per WAMU [myFICO.com]) (2 inq disappeared for TU)
768,755,747--06,07,07--03,06,17--00%,00%,00%__07-31
766,751,747--06,10,07--03,06,17--00%,00%,00%__08-01__(3 new accts reporting to EX) (Discover, BOA, NAT'L Parks = 8.0,7.2,10.0)
766,751,735--09,10,10--03,06,17--00%,00%,00%__08-02__(3 new accts reporting to EQ&TU) (Discover, BOA, NAT'L Parks = 8.0,7.2,10.0)
766,751,730--09,10,10--03,06,19--00%,00%,00%__08-03__(2 inq to EQ) (CITI 8/2 + ADVANTA 8/2)
766,751,727--09,10,10--03,06,20--00%,00%,00%__08-04__(1 inq to EQ) (CBUSA/CBSD 8/3)
764,751,727--09,10,10--04,06,20--00%,00%,00%__08-05__(1 inq to TU) (PULASKI 8/3)(CreditXprt scores>TU=770 EX=772 EQ=774)
764,747,724--09,10,10--04,08,21--00%,00%,00%__08-06__(2 inq to EX & 1 inq to EQ) (Wells + Wells & ELAN)
764,747,724--09,10,10--04,08,21--00%,00%,00%__08-07
762,747,719--09,11,10--05,08,23--00%,00%,00%__08-08__(2 inq to EQ & 1 inq to TU//1 acct to EX)(FUSA 8/8 + ADVANTA 8/8 & NCBK-NCCS 8/8)(HSBC = 0.6)
764,737,719--10,10,11--04,08,23--00%,00%,00%__08-09__(1 inq for cli NCBK-NCCS 8/8 yesterday removed from TU;**EX lost one active account)
762,737,719--10,10,11--05,08,23--00%,00%,00%__08-10__(1 inq to TU)
762,737,719--10,10,11--05,08,23--00%,00%,00%__08-11__scores assumed - no pull this day
762,712,719--10,12,11--05,08,23--00%,01%,00%__08-12__(2 accts EX. **CL realloc decreases?)Citi PPE and Wells Fargo (0 CL and 16500CL )
762,712,719--10,12,11--05,08,23--00%,01%,00%__08-13
745,710,719--11,13,11--05,09,23--01%,00%,00%__08-14__(1 acct TU, 1 acct EX, 1 inq EX) Citi PPE at TU (0 CL) Disc and Citi dropped CL (-7000,-26000) RBS Kroger at EX (6500 CL)
742,717,719--13,14,11--05,09,23--00%,00%,00%__08-15__(2 acct TU, 1 acct EX RBS) Wells Fargo and ING LOC at TU (16500 CL and 10000 CL) ING LOC at EX (10000 CL)
742,710,715--14,15,15--05,09,23--00%,00%,00%__08-16__(1 TU,1 EX,4 EQ accts) TU=RBS...EX=UPROM...EQ=PPE,Wells,ING,RBS EQ = PPE(0), Wells(16500), RBS(6500), ING(10000) & Disc (-7000), Citi (-26000) EX = UPROM(500) TU = RBS(6500)
742,710,713--14,15,15--05,09,24--00%,00%,00%__08-17__(Citi Universal Inquiry dated 8/16 perhaps related to reallocation?)
742,710,713--14,15,15--05,09,24--00%,00%,00%__08-18__(1 acct TU UPROM)
742,710,712--15,15,16--05,09,24--00%,00%,00%__08-19__(1 acct EQ UPROM)
742,701,712--15,15,16--05,09,24--00%,01%,00%__08-20__($475 LOC balance reports at EX AND 2nd Mort reduced to 5699 from 7111)
742,701,712--15,15,16--05,09,24--00%,16%,00%__08-21__[1 acct EX NATLCITY {12,750 bal}] BOA at EX reports updated Line of $20k; EX,EQ,TU PLUS Scores (via AMX) 771_771_780
742,701,712--15,15,16--05,09,24--01%,16%,00%__08-22__($475 LOC balance reports at TU AND 2nd Mort reduced to 5699 from 7111)
729,701,680--16,16,17--05,09,24--19%,16%,19%__08-23__[1 acct EQ & TU NATLCITY {12,750 bal}]
729,701,680--16,16,17--05,09,24--19%,16%,19%__08-24
729,701,680--16,16,17--05,09,24--16%,16%,19%__08-25__TU = BOA CLI to $20000
729,701,680--16,16,17--05,09,24--16%,16%,19%__08-26__scores assumed - no pull this day
729,701,680--16,17,18--05,09,24--16%,15%,15%__08-27__(1 acct EX & EQ BOA NEA) EQ = BOA CLI to $20000
729,701,680--16,17,18--05,09,24--16%,15%,15%__08-28
729,701,680--17,17,18--05,09,24--15%,17%,15%__08-29__(Barclays "Parks" line reduction from 10K to 1k reports EX) (1 acct TU BOA NEA)
729,701,678--17,17,18--05,09,24--17%,17%,17%__08-30__(Barclays "Parks" line reduction from 10K to 1k reports to TU & EQ)
729,701,678--17,17,18--05,09,24--17%,17%,17%__08-31
729,701,678--17,17,18--05,09,24--17%,17%,17%__09-01
729,701,678--17,17,18--05,09,24--17%,17%,17%__09-02__scores assumed - no pull these days
732,701,678--17,17,18--04,09,24--17%,17%,17%__09-03__1 TU Inq drops off (dated 11/23/2005)
732,694,678--17,18,18--04,09,24--17%,17%,17%__09-04__(1 acct EX ATTUniversal)
732,694,678--17,18,18--04,09,24--17%,17%,17%__09-05
732,701,678--18,18,19--04,09,24--17%,32%,17%__09-06__(1 acct EQ & TU ATTUniversal; 1 acct EX Citi Prof) EX Citi PPE reports as closed by consumer
729,701,678--18,18,19--04,09,24--42%,32%,61%__09-07
729,701,678--18,18,19--04,09,24--42%,32%,61%__09-08__scores assumed - no pull these days
734,682,657--18,19,19--03,09,24--32%,20%,48%__09-09__(1 acct EQ & TU Citi Prof; 1 acct EX AMX_IN:CHI) TU & EQ Citi PPE reports as closed by consumer; EQ BOA $15K bal shows-up; 1 TU Inq drops off (BRCLYSBANKDE dated 07/29/2007)
734,669,657--18,19,19--03,09,24--32%,29%,48%__09-10__EX BOA $15K bal shows-up
690,663,657--20,19,19--03,11,24--29%,35%,48%__09-11__2 acct TU CHASE Home&AMX; EX Wells $9k bal shows-up TU BOA $15K bal shows-up; 2 Inq at EX for BOA savings and checking accts
690,663,657--20,20,19--03,11,24--29%,35%,48%__09-12__1 acct EX CHASE Home;
686,663,670--20,20,21--03,11,24--35%,35%,35%__09-13__2 acct EQ CHASE Home&AMX; TU & EQ Wells $9k bal shows-up
688,663,670--20,20,21--02,11,24--35%,35%,35%__09-14__1 TU Inq drops off (Nat'l City dated 7/29/2007)
688,663,670--20,20,21--02,11,24--35%,35%,35%__09-15__scores assumed - no pull these days 683 FICO score at Equifax
688,670,670--20,20,21--02,11,24--35%,34%,35%__09-16__1 acct EX CHASE Sony; EX 2nd mortgage reports as paid in full
686,670,670--20,20,21--03,11,24--34%,34%,35%__09-17__1 inq TU Barclays app for another personal card 1 acct TU CHASE Sony
688,670,670--19,21,21--02,11,24--34%,34%,35%__09-18__1 TU Inq drops off (Barclays dated 9/17/2007); TU 2nd mortgage reports as paid in full 1 acct EX Juniper Emigrant Direct
686,670,670--19,21,21--02,11,24--34%,34%,35%__09-19__1 EQ inq drops off (wireless dated 12/06/2005); 1 inq EQ app for Salem Five account; 1 inq TU Barclays app for another personal card shows up again
686,670,669--20,21,22--02,11,24--34%,34%,34%__09-20__1 acct TU & EQ Juniper Emigrant Direct; 1 acct EQ CHASE Sony; EQ 2nd mortgage reports as paid in full
686,670,669--20,21,22--02,11,24--34%,34%,34%__09-21__EX,EQ,TU PLUS Scores (via AMX) 739_739_768
686,670,669--20,21,22--02,12,23--34%,34%,34%__09-22__scores assumed - no pull these days
692,668,675--21,21,23--01,12,21--32%,34%,32%__09-23__2 EQ INQ drops off dated 10/30/2006 & 3/28/2007; 1 TU Inq drops off (NAT'L City dated 8/8/2007); 1 acct WAMU at TU & EQ;EX,EQ,TU PLUS Scores (via AMX) 739_739_772
692,668,675--21,21,23--01,12,20--32%,34%,32%__09-24__1 EQ INQ drops off dated 6/22/2007
692,668,683--21,21,23--01,12,18--32%,34%,32%__09-25__2 EQ INQ drop off dated 6/27/2007 & 7/10/2007
692,671,683--21,21,23--01,12,18--32%,34%,32%__09-26__CreditXprt scores via IdentityMonitor>TU=695 EX=677 EQ=693
692,671,683--21,22,23--01,12,18--32%,32%,32%__09-27__1 acct WAMU at EX
692,671,683--21,22,23--01,12,17--32%,32%,32%__09-28__scores assumed - no pull these days
692,671,686--21,22,23--01,12,17--32%,32%,32%__09-29__1 EQ INQ drops off (CHASE dated 7/29/2007)
692,671,690--21,22,23--01,12,14--32%,32%,32%__09-30__2 EQ INQ drop off (HSBC NV & Infibank dated 7/29/2007
692,671,698--21,22,23--01,12,12--32%,32%,32%__10-01__3 EQ INQ drop off (CBUSA/CBSD & CITI USA & KROGER dated 7/29/2007
692,671,703--21,22,23--01,12,10--32%,32%,32%__10-02__2 EQ INQ drop off (Citi & Citi dated 7/29/2007)
692,671,708--21,22,23--01,12,08--32%,32%,32%__10-03__2 EQ INQ drop off (FIRST USA & FIA CSNA dated 7/29/2007)TU FICO=689 per WAMU [myFICO.com]
692,677,711--21,22,23--01,12,08--32%,31%,31%__10-04__Citi reallocated line increase from 5k to 13.5k @EX,EQEX,EQ,TU PLUS Scores (via AMX) 769_749_772
692,677,714--21,22,23--01,12,06--32%,30%,31%__10-05__2 EQ INQ drop off (Citi & Advanta dated 8/2/2007)
698,677,717--21,22,23--01,12,05--31%,30%,31%__10-06__1 EQ INQ drop off (CBUSA/CBSD dated 8/3/2007)Citi reallocated line increase from 5k to 13.5k @ TU
698,677,717--21,22,23--01,12,05--31%,30%,31%__10-07__scores assumed - no pull these days
698,677,717--21,22,23--01,12,05--30%,30%,30%__10-08
698,677,720--21,22,23--01,12,04--30%,44%,30%__10-09__1 EQ INQ drop off (ELANFINSVC dated 8/6/2007) EX AMX $24K bal shows-up
698,677,720--21,22,23--01,12,04--30%,44%,30%__10-10
698,677,715--21,22,23--01,12,02--44%,44%,44%__10-11__2 EQ INQ drop off (FUSA, NA & ADVANTA dated 8/8/2007) EQ & TU AMX $24K bal shows-up
698,669,715--21,23,23--01,12,02--44%,41%,44%__10-12__EX Final account reports balance - PRINCIPAL 9.6k
698,669,715--21,23,24--01,12,02--44%,45%,45%__10-13__EQ Final account reports balance - PRINCIPAL 9.6k
698,669,715--21,23,24--01,12,02--44%,45%,45%__10-14
698,669,721--21,23,24--01,12,01--44%,45%,45%__10-15__1 EQ INQ drop off (CITI Univ dated 8/16/2007)
696,669,721--22,23,24--01,12,01--45%,45%,45%__10-16__TU Final account reports balance - PRINCIPAL 9.6k

720,701,747--20,21,30--03,11,00--30%,30%,30%__03-16__Some Equifx accounts are in dispute. They re-open closed accounts while being investigated.
______________________________________________CreditXprt scores via IdentityMonitor>TU=689 EX=682 EQ=683

726,695,745--20,21,21--03,10,00--xx%,xx%,xx%__04-16
722,689,745--20,21,21--03,11,00--xx%,xx%,xx%__05-01
724,695,745--20,21,21--02,11,00--xx%,xx%,xx%__05-02__TU b*
726,695,745--20,21,21--01,11,00--xx%,xx%,xx%__05-05__TU b*
726,710,745--20,21,21--01,11,00--xx%,xx%,xx%__05-07__$20k Citi Prof Paid at EX
726,710,755--20,21,21--01,11,00--xx%,xx%,xx%__05-08__$20k Citi Prof Paid at EQ
743,710,767--20,21,21--01,11,00--xx%,xx%,xx%__05-12__$20k Citi Prof Paid at TU
753,730,767--20,21,21--01,11,00--xx%,xx%,xx%__05-13__$8k Infi at EX; $9k UProm at TU
771,722,767--20,21,21--01,11,00--xx%,xx%,xx%__05-14__$8k Infi at TU
771,722,774--20,21,21--01,11,00--xx%,xx%,xx%__05-15__$8k Infi at EQ
772,722,774--20,21,21--00,11,00--xx%,xx%,xx%__05-18__TU b*
772,730,773--20,21,21--00,11,00--xx%,xx%,xx%__05-22__Paid of small $50 LOC balance at EX
772,730,769--20,21,21--00,11,02--xx%,xx%,xx%__05-29__EQ 2 hards - CLI req (RBS & CHASE)
772,730,761--20,21,21--00,11,06--xx%,xx%,xx%__05-30__EQ 4 hards - CLI req (citi, citi, citi, citi)
771,730,761--20,21,21--01,11,06--xx%,xx%,xx%__06-01__TU 1 hards - CLI req (NAT'L City)
771,730,760--20,21,21--01,11,06--xx%,xx%,xx%__06-08__EQ incorrectly reports Infi $2k cli as a cld from $14,000 to $1,600 (missing a zero)
771,737,760--20,21,21--01,11,06--xx%,xx%,xx%__06-09__EX reports $500 cli for a CHASE account & $2k cli for Infi

780.750.785--20,21,21--01,11,06--00%,00%,00%__06-19__ALL BALANCES REPORT AS PAID OFF - AOR COMPLETE

780.750.792--20,21,21--01,12,01--00%,00%,00%__08-16__AOR COMPLETE

 


**In June, I closed a small Credit Union LOC. It had been open for 5 years. 1 account closed=10 point drop in score at EXP.
**from Citi 31k↓5k and Discover 8k↓1k
posted: Sep. 20, 2007 @ 11:00a

Inquiry related
I applied with Bank of America for their checking (bonus $50 i believe) and Defenders of Wildlife savings accounts. Hard inquiry for both accounts at EX... grrrr
I applied to EverBank as well and mailed in the applications (9/17) for checking and savings (take advantage of the 90 day intro at 6% APY)...no inquiries reporting yet...
I applied for a Salem Five account to use as my sweep account for paying the cards... They pulled EQ on me so at least it's bumpable... I'll likely keep their account for my AOR2.0
I was a fool and applied for a Juniper account based on this link knowing I'd get a removable TU inquiry

Bureau Reporting related
AMX still hasn't reported the 23k balance from the 9/10 statement date at any of the 3 bureaus... still some hurt coming from them.

Principal has not shown on any of the credit reports. Not even as a new account yet. I believe the 1st statment date is 10/5 as I requested a 30th of the month due date from them prior to having the BT post to the account.

My second mortgage was paid off with stock option funds and reports as paid now at TU AND EX...

Misc
The drop in my scores is painful to see thus far and I am concerned about adverse action once the AMX and Pricipal accounts report (currently bureau shows approx 35% utilization).

Hopefully no adverse from any of the following soft inq at EX:

    BOA on 8/5 (perhaps as part of CreditXpert scores)
    Wells on 8/22
    Chase on 8/28
    Chase on 9/11

OOPS....In my zeal to not miss payments, I made online payments in excess of available HSBC funds 9/12. I ended up wire transferring from FNBO to HSBC and had to pay $15 on both ends (sending and receiving) to avoid possibly 4 NSF fees from various cards as well as from HSBC.
posted: Sep. 25, 2007 @ 3:54p

Opened an Everbank checking and Money market account to continue receiving 6% APY as the FNBO account promotion ends this Friday.

I will fund the Everbank accounts via wire transfer as I have over $175K and don't want to miss 2-3 days interest. At $28 interest earnings per day, the $15 FNBO outgoing wire fee is well worth it.

$100000 will reside in the checking account (everything over 100000 in checking is at 5.01%). $75000 will reside in the money market account (everything over 50000 in checking is at 5.01%).

As it stands today, after the intro promo period, the APY is 5.01% (I may shop around again and rate chase come X-Mas).

I'm very pleased to see bumpage at Equifax (56 soft pulls later) as I had concerns over whether bumpage was no longer a possibility (bumpage link query). TU meanwhile has only one inquiry left on that report from a foolish Juniper card application experiment.

I am still waiting on the AMX balance transfer to report. I also am waiting on Principal to even report the card as open... Still more hurt to come but thankful for the TU and EQ bumpage thus far. My hope is that TU and EQ have already bottomed out.
posted: Oct. 1, 2007 @ 11:15a

My $175,000 was wired from FNBO to my local bank on Friday. Since I'll need some cash in 5 months to pay off some of the 6 month promo cards, I'll use $125,000 for a 7-month CD at SECU (read on) and the remainder will go to Everbank.

I applied for membership at SECU in Maryland. They are/were running a promotion for a 7-month CD at an effective yied of 9.36%. Although not listed as an official "in" to gain membership, I donated $55 to U of Maryland Alumni Association. I also spent $10 for Sidran Institute in case the Alumni Assoc will not suffice. I sent envelope "Saturday Delivery" to the SECU member application along with the CD Promo application ($39). I know I'm gambling quite a bit here but love the idea of an approximate net gain as follows:

55.UoM..........................................3,125 acct bonus
39.FedX..........................................0 interest gain/loss versus a different investment option
240.Interest lost (10 days 5%)....
10.Sidran.............................................................................................................................................
344 expense................................3,125 revenue => 2,781 <=


posted: Oct. 18, 2007 @ 9:02a

I have gone thru all the posts in this thread but may be I have missed somthing. I couldn't find the reason why you get declined for Advanta Business card. I applied few days ago and I got declined and the reason is "Few Finance accounts in your credit report". I have decent enough history of 6 years with scores in the range of 750-765 across 3 CRA's.
posted: Oct. 18, 2007 @ 10:48a

JuNooNi said: I have gone thru all the posts in this thread but may be I have missed somthing. I couldn't find the reason why you get declined for Advanta Business card. I applied few days ago and I got declined and the reason is "Few Finance accounts in your credit report". I have decent enough history of 6 years with scores in the range of 750-765 across 3 CRA's.Thanks for your interest. Too many recent inquiries - keep in mind, I applied late in the game (29th application). They pulled Equifax...
posted: Oct. 18, 2007 @ 11:13a

Thanks Jack for your prompt reply. I am thinking of giving them a call as I have been approved for $40000 from chase business alone.
posted: Dec. 3, 2007 @ 3:31p

I am going to try and extend my 6 month offers of credit with AM3X, M&T, WellsFargo & Nat'l City. Wish me luck.

Any and all suggestions to leverage my demands are welcome.

I'll post my script used and results here.
posted: Dec. 26, 2007 @ 9:20a

Extend Promos?
I was unsuccessful with my attempts to extend intro 0% 6 month APR for M&T, AM3X, Wells Fargo and National City.

 


I'm gambling a bit with the next 2 paragraphs but figure that since I have not seen any adverse from AM3X....I'll push the envelope with Citi....

Harvesting
I opted to reallocate $10,500 from Citi Dividend Platinum Select (my everyday spending card) to Citi UPromise raising that limit to $11,000. I then initiated a $10,000 check to self. I'll use this cash to pay down the 6 month moneys coming due in February.

Additionally with Citi, I issued payment to self from Professional card via ACH to FNBO account for $5,000 (I only left $112 available).

Where's My Money?

5.30%  $27,860 Countrywide SavingsLink(sm)
5.05%  $5,000 FNBO savings
5.50%  $20,000 Countrywide 3 month CD matures 3/17/08
9.36%  $125,000 SECU 7 month CD matures 5/1/08


posted: Dec. 26, 2007 @ 10:27a

Any AOR that abuses the crap out of Citi gets green from me.


posted: Dec. 31, 2007 @ 10:06a

Chase sent an adverse action letter.

My line was originally $8k... and then I reallocated $8.5k from SONY and HOME personal cards. From $16,500 they dropped me to slightly above my balance at $14,800.

Equifax was the source of information. Too many recent tradlines and usage.
posted: Jan. 15, 2008 @ 11:51a

I made a mistake in my cash flow planning and will test the limits of Citi and BOA to make up for my own math error.

MATH:

As of 1/15/2008:
I have $37,000 in liquid A_O_R cash.
I have $145,000 in non-liquid A_O_R CD-cash ($20,000 available 3/21/2008; $125,000 available 5/1/2008).

By 3/4/2008:
I need to payoff $51,000 on some 6 month cards (so let's see ... 37000-51000 = (14000 shortfall)....

Resolution
How am I going to come up with the extra $14,000?

Citi Biz will be tapped for $3,000 (making Citi's total utilization 91% for February statement)
BOA has been tapped for $4,500 (making BOA's total utilization 86% for February statement)
The remaining $6,500 will be coming from a $10k LOC I have at ING **interest paid sucks!

** (I'll use $6,500 from 3/3/2008 to 3/21/2008 @11% APR) grrr

on the bright side. TOTAL personal utilization will drop from 54% to just 26% by the February statement period....

crossing my fingers for no adverse action......... gambling a bit
posted: Jan. 15, 2008 @ 1:20p

You may also want to call or email on those 6m BT exp. dates. I did a mini-AOR almost the same time as you and my IN:LA and National City 6m BT will end in early Feb not March...

jackcrawfish said: I made a mistake in my cash flow planning and will test the limits of Citi and BOA to make up for my own math error.

MATH:

As of 1/15/2008:
I have $37,000 in liquid A_O_R cash.
I have $145,000 in non-liquid A_O_R CD-cash ($20,000 available 3/21/2008; $125,000 available 5/1/2008).

By 3/4/2008:
I need to payoff $51,000 on some 6 month cards (so let's see ... 37000-51000 = (14000 shortfall)....

Resolution
How am I going to come up with the extra $14,000?

Citi Biz will be tapped for $3,000 (making Citi's total utilization 91% for February statement)
BOA has been tapped for $4,500 (making BOA's total utilization 86% for February statement)
The remaining $6,500 will be coming from a $10k LOC I have at ING **interest paid sucks!

** (I'll use $6,500 from 3/3/2008 to 3/21/2008 @11% APR) grrr

on the bright side. TOTAL personal utilization will drop from 54% to just 26% by the February statement period....

crossing my fingers for no adverse action......... gambling a bit
posted: Jan. 15, 2008 @ 4:26p

vcxzfdsa said: You may also want to call or email on those 6m BT exp. dates. I did a mini-AOR almost the same time as you and my IN:LA and National City 6m BT will end in early Feb not March...vcxzfdsa,

Thanks for the heads up. I called/emailed the 6 month creditors in December .....

IN:CHI     is due 02/04/2008 
Wells      is due 02/07/2008
NAT'L City is due 02/11/2008
M & T      is due 03/04/2008

Separately, have you attempted extending your 6 month terms with the creditor's you used?
posted: Jan. 15, 2008 @ 8:23p

good updates
posted: Jan. 15, 2008 @ 9:19p

I'm exhausted just thinking about all the work you've put in to this. Must say though that you are very organized and efficient. Wishing you many happy returns (on your money)
posted: Feb. 22, 2008 @ 10:40p

jackcrawfish said: I made a mistake in my cash flow planning ...

Citi Biz will be tapped for $3,000 (making Citi's total utilization 91% for February statement)
BOA has been tapped for $4,500 (making BOA's total utilization 86% for February statement)

....crossing my fingers for no adverse action......... gambling a bitDISCOVER reduced my business credit line from 10,500 to 7,800 on 2/10/2008 statement date (citing various credit profile reasons)...TU FICO for February update = 663 ... down from 692....
posted: Feb. 23, 2008 @ 11:27a

So, is the only adverse action you've had from Chase and Discover so far?

Also, I didn't catch it in time, but if your due date on the AMX IN card was in early february, you probably could have shifted the statement cycle to late February, and still gotten 0% on everything.

And I wouldn't worry about the increase in utilization on your business card. It doesn't report, after all.

Oh, and I looked a the totals of your AOR again. Good job. We both reported about the same HHI, but you had fewer preexisting existing cards than I did. But you still got almost the same amount of 0% money squeezed out of the banks, which can be hard without a large "bed" of starting credit. Nice.
posted: Feb. 23, 2008 @ 8:42p

OP: what worked last summer: likely not work now due to credit crunch.
posted: Feb. 27, 2008 @ 1:45p

I have finished shifting / reallocating / paying the 6 month money....
Here is an update as to where the money is on loan as of today

ACTUAL 9/10----------------------------------------------------------------------------------UPDATE 2/27

AMX........ $25,640 40% fee=00 6 mo              AMX........ $00,000 00% fee=00 6 mo
NATLCITY....$12,750 85% fee=00 6 mo              NATLCITY....$00,000 00% fee=00 6 mo
WELLS........$9,000 55% fee=00 6 mo              WELLS........$0,000 00% fee=00 6 mo
          $47,390 0 fee 6 mo investment                          $0            6 mo

BOA........ $15,500 78% fee=00 12 mo             BOA....... $18,995
PRINCIPAL... $9,600 69% fee=75 12 mo             PRINCIPAL. .$8,082
CHASE.............$0 0% fee=00 12 mo             CHASE..... $00,000
CITI........$20,000 85% fee=00 12 mo             CITI...... $32,445 (2 cards)
           $45,175 75 fee 12 mo investment                 $59,522 (with 5-6 months left)
            $92,565 ~~ 49% PERSONAL                         $59,522 ~~ 31% PERSONAL
       +Biz $90,900 ~~ 90% BUSINESS                         $83,949 ~~ 81% BUSINESS

TOTAL =  = $183,465 invested                               $143,470 still rolling


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