markkundinger said:The soonest a CC transaction or an ACH transaction will post is the next banking day. And with ACH, it needs to have been originated on a banking day, so that means that it may more likely take two business days.

I wish...
http://www.fatwallet.com/t/52/804548/

dmlavigne1 said:

How I am getting the cash?

Juniper National Parks: Writing check that came with the card to myself
AMEX in Chicago: BT'd online to my BOA card from the previous AOR then I will call and have them DD the money
Advanta: BT'd online to my BOA card from the previous AOR then I will call and have them DD the money
Discover Miles Personal: Sending blank BT checks -> will not use after CLR to the Miles Business
Discover Miles Business: No BT checks BT'd online to my BOA card from the previous AOR then I will call and have them DD the money
Chase Cards: Reallocating to one business and one consumer card (Sony) then writing one check that came with the cards to myself(saves the $75.00 BT fee)
Life Springs: CSR is sending out a check made out to me
Citi's Drivers Edge: Used the checks they sent
Citi cards: Go online and use the BT offers to either have checks sent to me or deposited directly in the account.
USBank card - BT'd to my BOA card from the previous AOR then I will call and have them DD the money.
National City Business - BT'd to my BOA card from the previous AOR then I will call and have them DD the money.

With respect to the various cards you BT'd to BOA, did you BT them to BOA and call BOA to DD once or did you call BOA to DD after each BT? I know that if there are fees associated with the BOA BT, then you might want to do this BT once to minimize the fees. However, if the funds to be DD from BOA is large, say >$50K, would that be a problem? Thanks.

alextan

dmlavigne1 said:There was no fee associated with the transfer from BOA. What I did was max out the card, pay back the card with one or more BT's (coming close to 0 but always with a balance), DD to max the card again. Repeat until done. I did not wait until the statement for the bt's to post, just until they were available online.

What if my CL at BOA is not high enough? For example, if I did a $50K BT to BOA when my CL at BOA is only $15K, I would have to call BOA to request for a credit refund, right? Will this work then? Thanks!

alextan

alextan said:What if my CL at BOA is not high enough? For example, if I did a $50K BT to BOA when my CL at BOA is only $15K, I would have to call BOA to request for a credit refund, right? Will this work then? Thanks!
You don't want to have a credit balance with BofA. When I did this a few years ago with MBNA, I got a call from an analyst and was asked many questions and warned not to do it again. I have read more recent reports here that BofA doesn't take kindly to such games. I believe they think its some kind of money laundering.

Yeah I finally got the backpack for both my wife and I. It really wasn't worth the effort

dmlavigne1 said:AMEX Business Gold -> Close, but if they offer me $65.00 like on my personal, keep open get money, then close

Just to clarify the procedure here:
1. Call 30 or so days before they charge annual fee
2. Get "please stay with us" credit (whatever it may be).
3. Use the credit up.
4. Call a few days before the annual fee is to be charged and close/convert the card.

Is this what you're doing with AMEX Business Gold? If so, isn't there a risk of AMEX taking back the credit? Could others who've done this please comment.

A little more adverse action of lowering lines (see tips and tricks post). It's silly considering payments are coming in and they are worried about high utilization yet they reduce the lines.

Net loss so far of CL 6K....