mhesidence's AOR - phase 3 realloc and get the money

Did you hear anything about the biz apps yet? I am planning to do my AOR in a week and still not decided if I should throw in 2-3 biz apps in there. I have no biz as such, so it will be 0 years, $0 revenue, sole prop for me.

Hindustani said: Did you hear anything about the biz apps yet? I am planning to do my AOR in a week and still not decided if I should throw in 2-3 biz apps in there. I have no biz as such, so it will be 0 years, $0 revenue, sole prop for me.

Nothing yet.

Hindustani said: Economist said: From experience back in spring of 2006 AMEX was easy to get business cards from. CitiBusiness seem relatively easy as well. Discover & chase may take their sweet time. Still, discover biz pulls TU, so it should be relatively easier to get (due to bumpage). Share the results

Hindustani said: Did you hear anything about the biz apps yet? I am planning to do my AOR in a week and still not decided if I should throw in 2-3 biz apps in there. I have no biz as such, so it will be 0 years, $0 revenue, sole prop for me.

Thanks. I got a pre-approved chase professional offer yesterday. I guess it is similar to Citi professional and a hybrid card. I guess I will atleast add this one to my list and add more once I have decided based on mhesidence's experience.

My sister received one of these too. Does anyone know if they report to your personal credit report or just biz?

ok guys,

forgive me if I don't sound like a veteran of AOR's

I have been reading about them for a few months now.....

I just haven't had the time to organize a game plan so that I can begin

I think I have some of my plan together and started looking around when a question came up

What charges can you use to get started on the AOR.......

I don't carry balances on my cards so BT's that allow ONLY BT's and not something else for the 0% are not going to cut it for me. Which cards will let you do a "BT" to your bank account or something else? AM I JUST STUP.....wait....IGNORANT of this information?

And in addition to this....as you start making minimum payments on these cards...where are you guys drawing the money from.....I see how the money can be taken out of a hi yield bank account but what do you do if you have this in some other vehicle like a CD? or other fixed investment vehicle?

still trying to get this together as you can tell....

ps... tell me what my viability is for this whole plan if I don't have a mortgage(its paid off)

THANKS TO ALL....I hope to start my AOR before the end of the year!

Business card results are in, see quick summary.

quick question, use BT check that came with Chase card or try to get BT directly to checking account?

I tried twice, even with an extremely nice CSR I chatted up for a while. ACH is not an option for them.

lhendricks92 said: i just noticed you got the "sufficient credit with juniper" B.S. as the denial reason on your BankATL card. i've run into that, too. just call the credit dept directly and tell them you'd rather have the biz card than the personal. they should be able to shift things around so you can keep your new Juniper debt off your personal report (and thus reduce the risk of Juniper adverse action.)
To second lhendricks92, I was able to do this just last week. Had a previous Juniper personal line, but was turned down for the BankAtlantic. Called the number in the Credit Issuer FAQ, and was easily able to close my personal account and use the CL for the BankAtlantic.

mhesidence said: Chase closed the Sony card (it was my youngest chase card) and reallocated all $27K
to the Chase Business card now at $$37K. BT Check came with card. Will Chase BT to
a checking account (so I can avoid the bank hold time?). I suppose I can deposit directly
to Fidelity account there is a branch near here.
Had no problems back in May depositing a Chase business convenience check into those nifty Fido machines.

sonnysighedup said: Had no problems back in May depositing a Chase business convenience check into those nifty Fido machines.

I don't know about any nifty machines I have a Fidelity investment center nearby, deposited the check at lunch time ($35K thanks Chase). Its looked just like a bank only the "tellers" were dressed in really nice suits, and even asked me if I wanted to purchase a mutual fund with the money. I said no, I'd do it later and he said how about I put the deposit in fidelity select (which he saw I already had) and you'll earn start earning interest today. Not sure about that "intrest today", but I can see the order placed to purchase online now. As usual I'm impressed with Fidelity's customer service. Not having to deposit into a low rate checking account and wait out a 10 business day hold on the funds is sweet.

Got my SBoT welcome packet. Where are some usual places to find a notary public?

mhesidence said: Activated my Citi Home Rebates card and didn't see anything about %6 on utilies for the first year in the docs I got. Called and a CRS confirmed just 1% and didn't know anything about the 6% ...

I recall the same situation when I applied for the citi home rebate back in march. The 6% was not acknowledged anywhere in the written materials they sent along with the card. I even remember quizzing the activation CSR about it (I can't recall what his response was, however.)

However, the 6% has been properly applied to my bills. I'd recommend keeping a copy of the original application advertisement where it states the 6% terms, just in case you should need it. And after your first statement arrives, do the math on the rewards dollars to make sure the 6% is being properly applied (to your wireless/cable/utilities/whatever charges).

I just noticed Discover pulled $5K from each of my existing personal accounts to create the $10K biz card limit, bah.

What's the best way to get BT $ from a discover card? Will they send BT checks? None came with the card, but they did say they were sending "purchase" checks.

mhesidence said: I just noticed Discover pulled $5K from each of my existing personal accounts to create the $10K biz card limit, bah.

What's the best way to get BT $ from a discover card? Will they send BT checks? None came with the card, but they did say they were sending "purchase" checks.With Disc Biz you have to request that they send the BT money somewhere. No, it doesnt have to be a credit card/16-digit account number - any 'loan' will do.

To update thread.

150 TY point received
$125 from card selections cashed.

Total BT money

$35K Chase biz
$18K Discover biz
$14K Bank Atlantic
$15K Citi (0% for life from ealier)
$20K AMEX
--------
$102K so I reached my goal, but with rates crashing I need to raise my goal.

The Bank Atlantic BT was a pain. I tried to use my Digital Credit Union card as a BT target (because DCU has no fee cash advance), but apparently DCU is too small to be on Bank Atlantic's radar. So I had to filter the discover biz and bank atlantic BT thru my BoA billpay choice. Used different statement periods to help reduce the chance BoA would think something funny was going on.

I can still reallocate some to the BoA NEA card and do a BT. Also can still reallocate some personal lines to the Citi Biz card, not that I have much extra credit limit with Citi without trashing my utilization.

edit: current TrueCredit fakos

 TU  EX  EQ
750 718 736

djspray said: Still plan to take out another 20k from AMEX, or gonna leave well enough alone?

Transfering so much credit to the biz lines I'll afraid it'll trash my overall utilization. I suppose I need to add it up and see.