Went for all business cards (and one professional card). Applied on 1/16/08. Wasn't super well planned.
Applied to the National City Business instead of the Nat City Lifespring Health accidentally.
Age: 23 Stated HHI: $150k Sole Proprietorship (using SS# as TIN) Income: $0 Years in business: 0
Original Cards......................Type.......Limit
Citibank Dividend Platinum Select...Personal...$30k (soft CLI from $23.8k to $30k CLI before AOR)
Chase Freedom.......................Personal...$14k ($12k to 14k soft CLI before AOR)
Providian Platinum..................Personal...$12k
Total..........................................$56k (0% utilization)
##.Cards applied for....................................Status:
01.BofA Power Rewards™ Platinum Visa® Business..........Declined (Not enough business credit history)
02.National City Visa® Business.........................Approved (Should have been Nat City Lifespring Health. 0% 6 months.)
03.Chase Platinum Visa® Business........................Approved
04.Chase Business Rebate................................Approved
05.Chase Business Cash Rewards Visa®....................Approved
06.Discover® Business...................................Declined (Too many inquiries)
07.Discover® Business Miles.............................Declined (Too many inquiries)
08.Capitol One Business Platinum........................Approved
09.Citibank CitiBusiness................................Approved
10.AMEX BLUE CASH® FOR BUSINESS.........................Approved (No more 0% BT)
11.BankAtlantic Rewards Business........................Approved
12.Advanta Platinum Business Card with Rewards..........Approved
13.First National Bank of Omaha Business Edition Visa...Approved (No more 0% BT)
14.Citibank Professional Card with ThankYou Points......Approved (Transfered $8k to CitiBusiness and closed)
15.Chase GM Business Card World MasterCard®.............Approved Score: 11/14
##..Approved Amount...Adjusted...APR...Term.....BT Fee...BT Amount
02......$9,000.........$9,000.,...0%....6.........$0.....$9,000
03......$7,000.........$7,000.....0%....12.......$99.....$6,700
04......$8,000.........$8,000.....0%....12.......$99.....$7,700
05......$8,000.........$8,000.....0%....12.......$99.....$7,700
08........$500...........$500.....0%....12........$0.........$0 ($500?!?)
09.....$10,000........$47,000*....0%....12........$0....$47,000
10......$3,000.........$3,000.....8%....Forever...$0.........$0
11.....$25,000........$25,000.....0%....15.......$75....$24,675
12......$5,000.........$5,000.....0%....15.......$90.....$4,850
13.....$14,500........$14,000....................$75.........$0 (No BT Deal)
14......$9,000.........$0,000.....0%....12.......$50.........$0
15.....$12,000........$25,000**...0%....12.......$75....$24,700Total.$111,500.......$152,000...................$587...$132,325 (87% Utilization)
*CLR $8k from CitiProfesisonal and cancelled. CLR $29k from Citi DPS (personal)
**CLR $13k from Chase Freedom (personal)
Hard Inquiries
Date.......TU..EX..EQ
1/13/2008..2...2...0
1/19/2008..7...9...3
Inquiries:
TUC 01/24/2008 DISCOVER
XPN 01/17/2008 FIRST USA,NA
TUC 01/17/2008 NCBK-NCCS
EFX 01/16/2008 CAPONEBANK
XPN 01/16/2008 FIRST USA,NA
XPN 01/16/2008 AMEX
XPN 01/16/2008 FNB OMAHA
XPN 01/16/2008 ADVANTA FINANCIAL CORP
XPN 01/16/2008 BANK OF AMERICA
XPN 01/16/2008 CAPITAL ONE BANK
TUC 01/16/2008 CAP ONE BANK
TUC 01/16/2008 CITI
TUC 01/16/2008 BRCLYSBANKDE
TUC 01/16/2008 CITI
TUC 01/16/2008 CITI/CBSD
EFX 11/23/2007 DIRECTV-AV (BB HD Advantage!)
XPN 07/03/2007 SAFERENT (New apt)
EFX 04/11/2007 SPRINTNXTL (Cell phone)
XPN 11/23/2006 FIRST USA,NA (Chase Freedom)
Update: Well, just so happens, when I called Citibank to convert my $30k personal WORLD MC to a Platinum Select MC, and CLR $29k to my CitiBusiness, they made a mistake... My Platinum Select MC showed a $1k credit line yesterday, now it shows a credit line of $30k! I'm stoked. Just earned an extra $29k in credit.
- Post summary of preexisting credit, credit scores, and reported HHI. - Format your card list for greater legibility. - Post amount of CL granted, not just the amount you ultimately transferred. - Read the terms and conditions before applying.
win333
Senior Member - 2K
posted: Jan. 29, 2008 @ 8:01p
First national bank? of omaha or is this a different one?
If different got a link?
You mine as well apply for more, find some EQ pullers in your area.
brianLp518
Frivolous Member
posted: Jan. 29, 2008 @ 8:26p
are there any 0% bt business cards that only pull from EQ?
Should I apply to personal cards as well right now (and transfer credit lines to business where applicable)? Should I do some bumpage first?
win333
Senior Member - 2K
posted: Jan. 29, 2008 @ 8:41p
I think B* will take to long, Just finish what you started IMHO.
Eq pullers depend where you live, Most pull EQ for me cause my experian is FROZEN.
I personaly would just go for biz cards but you've already started, think of it as gettin read for the next AOR.
I just applied for a suntrust biz line of credit and a biz card, They put 3 inqs on my EQ. I disputed the 3 inqs and are now gone. If i'm approved, nobody will know I have those accounts. Rinse and repeat with 1,000 lenders
You get the idea.
PS of course the biz line of credit is not 0%. just an example
markkundinger
Senior Member - 2K
posted: Jan. 29, 2008 @ 9:24p
Thanks for adding more data.
A $500 line from Capone and a $47k line from Citibank? Nice.
How about a BofA card with a low BT Fee, like the NEA?
And what about AMEX? I'd apply for one of their cards even if you're not going to do a BT on it.
brianLp518
Frivolous Member
posted: Jan. 29, 2008 @ 9:49p
Much of my AOR was done in haste, excitement, jetlag, and hangover (i just came back from a 3 week trip from Amsterdam, my last day taking a trip to Brussels, the capital of beer!)
I'm stoked on how easy it was with Citi credit line movement. It took me a while to figure out I had been changed over to the WORLD mastercard, which acts as a charge card w/ a recommended limit ($30k for me). switched it over to a regular platinum select, and bang! I haven't transfered money from Citi just yet (I paid off my personal card right before the business AOR, but low and behold, i chose the wrong account, so my payment bounced! first time doing that EVER.)
BofA declined me twice in a row (two different cards... didn't list the other one because I did it at work a day later and forgot the details) due to no business history (0 years) and low income ($0 annual). I really don't want another inquiry for the same to happen again.
AMEX, unfortunately, doesn't have a SINGLE business card w/ 0% BTs anymore! I had 5 different apps up, and then read the fine print (I actually did this for a few!), and no more 0% BT. They are all 0% on purchases... (Am I mistaken on this?) Why would I want AMEX if no BT?? More cards = more inquires = less on personal AOR in future.
Any other suggestions?
P.S. You FWers have been awesome, and super helpful!
Red for lack of details, formatting, lack of flow.
brianLp518
Frivolous Member
posted: Jan. 30, 2008 @ 7:04p
You sure are cranky....
Well, just so happens, when I called Citibank to convert my $30k personal WORLD MC to a Platinum Select MC, and transfer $29k to my CitiBusiness, they made a mistake... They kept my Platinum Select with a credit line of $30k! I'm stoked.
win333
Senior Member - 2K
posted: Jan. 30, 2008 @ 7:09p
brianLp518 said: You sure are cranky....
Well, just so happens, when I called Citibank to convert my $30k personal WORLD MC to a Platinum Select MC, and transfer $29k to my CitiBusiness, they made a mistake... They kept my Platinum Select with a credit line of $30k! I'm stoked.
No freakin way, good job!
You need to explain this more, this has happened to others with BofA.
brianLp518
Frivolous Member
posted: Jan. 30, 2008 @ 7:33p
well when they originally converted from WORLD MC to PlatSel MC, it showed up w/ a $1k limit online. i had a balance credit coming (from BankAtlantic), and i've been calling every day to get it, but they're delaying the refund (waiting for account credit transfers to clear). i asked them again today, and i guess they adjusted my personal credit to $30k! w00t! should i push my luck and try to transfer this to the citibusiness once i receive the $47k transfer?
looks like my three other chase cards i thought were gonna be "omitted" applications as other have experienced have come in... $7k, $8k, and $8k... going to try to consolidate w/ Chase GM Business and have one card w/ $25k + new $23k = $48k.
i've decided (especially because of win333's feedback) that i'm going to run another AOR (75% personal, 25% business) within the next month or two. My personal credit cards have dropped from $56k to $43... why not rinse, lather, and repeat?
my new goal is to hit $1 million in credit for myself, my SP, and my new LLC.
brianLp518
Frivolous Member
posted: Feb. 2, 2008 @ 7:33p
P.S. How do I list in courier so I can list cards in better format?
brianLp518
Frivolous Member
posted: Feb. 4, 2008 @ 10:05p
nm... i got it!
PolarDude
Senior Member - 1K
posted: Feb. 5, 2008 @ 1:42a
Not sure why all the red. Gave it green. With part 2 (Personal apps) this guy has nearly 50 apps if my math is right Part 2
santijs
Happy Member
posted: Feb. 5, 2008 @ 3:58p
Just curious - where did you find the Chase GM Business card with no fees? all I see is the 0% 12mo offer, with $99 fee -
Thanks, Santijs
brianLp518
Frivolous Member
posted: Feb. 5, 2008 @ 7:26p
sorry... it was a typo. Fixed!
Here's the GM Business/Bus Plat/Business Rebate from Chase for $75 ($99 BT Fee on Chase.com): http://www.cardselection.com/issuers/chase/chase-gm-business.html http://www.cardselection.com/issuers/chase/chase-platinum-visa-business.html http://www.cardselection.com/issuers/chase/chase-business-rebate.html
Not to mention $35 bonuses for each card... Unfortunately, I didn't apply through Cardselection.com for my Business apps. CS actually offers better terms than going straight to bank site most of the time.
ProfessorKev
Senior Member - 1K
posted: Feb. 5, 2008 @ 8:46p
Brian, Great job on your Biz Appo. I received a citibank Biz and consolidated 2 lines into $40K 0% for 15 months. So I thought I would try another, the Bank Atlantic card, $25K???? easy or did you work at it? I seem to recall another AOR that had a good CL with them. Who did they pull??
brianLp518
Frivolous Member
posted: Feb. 5, 2008 @ 8:51p
where did you find 0% for 15 months? I want one...
The Bank Atlantic Card was approved for $25K, no haggling... I think I requested $20k BT, and I had to do a second BT to take out the rest... The BankAtlantic card is issued through Barclay's, so to save you going back a page: TransUnion (TUC 01/16/2008 BRCLYSBANKDE)
ProfessorKev
Senior Member - 1K
posted: Feb. 6, 2008 @ 12:34p
I think I got their 15 mon right from their website, it was back in december (took a month to get my balance transfer) 2 weeks for approval, don't know why, then I had to wait ti get the card then reallocate another week then 10 days to discover they never processed the BT check (no bt into checking, just check in the mail) then I finally get the check 3 days after CD rates drop, Bast..s
ProfessorKev
Senior Member - 1K
posted: Feb. 6, 2008 @ 12:43p
Brian, I looked at their app, I only see the ability for BT request from a credit card??? is that what you did or into a checking account?
santijs
Happy Member
posted: Feb. 6, 2008 @ 1:15p
brianLp518 said: sorry... it was a typo. Fixed!
Here's the GM Business/Bus Plat/Business Rebate from Chase for $75 ($99 BT Fee on Chase.com): http://www.cardselection.com/issuers/chase/chase-gm-business.html http://www.cardselection.com/issuers/chase/chase-platinum-visa-business.html http://www.cardselection.com/issuers/chase/chase-business-rebate.html
Not to mention $35 bonuses for each card... Unfortunately, I didn't apply through Cardselection.com for my Business apps. CS actually offers better terms than going straight to bank site most of the time.
OP, thanks for the update - applied for the Chase GM card yesterday, got approved (From check app status thread - Chase Biz: 800-453-9719) by the system [no analyst] today for $12k - will be reallocating somewhere between $16-17k from personal, looking good for the $75 fee!
Thanks again!
win333
Senior Member - 2K
posted: Feb. 7, 2008 @ 5:07p
win333 said: First national bank? of omaha or is this a different one?
If different got a link?
You mine as well apply for more, find some EQ pullers in your area.
I have the FNBO commercial card, I think it's the same thing (but I might be wrong) my min payment is like 5% per month. Just a heads up.
brianLp518
Frivolous Member
posted: Feb. 7, 2008 @ 5:11p
win333 said: First national bank? of omaha or is this a different one?
If different got a link?
##.Cards applied for....................................Status:
13.First National Bank of Omaha Business Edition Visa...Approved (No more 0% BT)
win333 said: I have the FNBO commercial card, I think it's the same thing (but I might be wrong) my min payment is like 5% per month. Just a heads up. Didn't do a BT offer w/ FNB Omaha
win333 said: You mine as well apply for more, find some EQ pullers in your area. Got any EQ pullers in CA? Haven't really found any on creditboards or FW...
LaJollaInvestor
Senior Member
posted: Feb. 7, 2008 @ 9:24p
brianLp518 said: win333 said: First national bank? win333 said: You mine as well apply for more, find some EQ pullers in your area. Got any EQ pullers in CA? Haven't really found any on creditboards or FW...
It's not a biz card but Penfed CU pulled EQ in Cali. They gave me my most generous starting personal line ever. (helps your personal score) And they have good Cash Back deals.
brianLp518
Frivolous Member
posted: Feb. 7, 2008 @ 11:27p
i don't think i want to apply to any more cards right now...
Introductory Balance Transfer APR: 0% for first twelve billing cycles Balance Transfer Fee: None
10/30/07 - applied/deferred 11/5 - Received card in mail with tiny CL ($1,500). Called to request CLI, but was told to go to local branch. 11/6 - Went to local branch and was told they couldn't do it anymore and I had to call - lady there called 1-800 for me and faxed proof of income for CLI (very nice of her). 11/20 - CLI request was denied (call from person at local branch). 11/21 - Called to cancel and found out CL was now $10K (still smaller than others I got, but better and surprising). Requested BT. 12/14 - BT finally posted to another CC (they would only BT to another CC).
Also, end date for 0% is less than 12 months (10/14/08) from the date I applied. So, it turned out to be less than a 10-month BT, but I'd rather have 10 months at 6% than nothing!
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