Good post Glitch99 and Mark

Just wish you would've tore up (ifyouhavetoask) for her assinine comment.

She's obviously not a FWFer, cause if she was, she would know Am3x will not blacklist you (unless you don't pay). Even if you fail an F/R by not providing DOCs all you have to do latter is provide Docs.

Glitch99 said:Alimo said:win333: Again, total misunderstanding on my end. I see what you were saying.

ifyouhavetoask: (I just read through my post and it may come off as a bit defensive, but that wasn't my intention. Right now it's like you've told me "you need to go see a doctor," but if I don't see anything wrong with me, why would I see one? I need someone to show me what's actually wrong first. So yeah, I'm not being a dick, just trying to understand my situation better )

I'm actually aware of the credit situation but I suppose since I'm new to all this, I'm not really familiar with what constitutes an "underperforming" customer. I figured 1-3 cards is safe, 5+ is too much. I wasn't trying to get blacklisted. I see that I'm wrong. Would you recommend 0 or 1 card from AMEX?

Also, this AOR is just for my own gains, not for FW. The way I see it, I will have one of the worst (if not the worst) starts for an AOR compared to all the others I've read. I'll post my results so newcomers know what to expect, but I'm keeping the AOR fairly conservative cause I'm in this for myself. Anyway, the way I see it, if this AOR allows for $50-100k in BT money avaialble from a future AOR, that means I have an extra $200-600 a month to pay for expenses, which is not bad for a college student. The goal for this AOR is to get myself 2-3 good rewards cards, build a base for future AORs, and get some bonus money while I'm at it. The 1st two goals are more important than the bonus money.

My parents do have a financial planner. I don't see why I should sit down and talk to one. As far as financial planning goes, there's very little to plan for me at this point in my life. I'm finishing my 2nd year in college. I'm ahead. I have a part time job. I haven't worked long enough to have any real savings. Current financial goals? Finish college strong and go on to grad school. While there, make myself as strong a candidate as possible for a future job so I can hopefully come out of school with a well-paying and satisfying job. I don't see the AOR as a get-rich-quick scheme; I see it more as a method of getting some extra money to help with current expenses. That, or I may not even touch the AOR money and keep it in a savings account, but I'm not there yet as I'm not even considering BT money at this point. I want to keep my CR at LEAST at a 700 across the board. I don't see what harm is being done by getting a few more cards.

Again, as I've said, I'm just looking for answers. I completely believe what you're saying is right; I just want to know the logic behind your thoughts so I can become more informed.You laid out your goals (to broaden your credit profile, and score some bonus cash along the way), and have developed a plan to accomplish those goals. Some will call it too agressive, alot more will consider it to be conservative, but it is what it is. Unless you suddenly decide you want to hoard 0% money or apply for a new mortgage/car loan/etc, your plan is good. At this point even the fine tuning will not make much difference.

That said, you summary shows you plan for 2 Citi Biz cards, but I dont see ANY listed (the Citi Professional card is part of the 'personal' system). I'd throw on this Citi Biz card for another 15k TYPs, even if its just at the end of the list.
My only issue with the CitiBusiness card is it says "for new members only" or something like that in the T&C's. Doesn't that mean if I get it now, I won't be able to get it later on when I want 0% cards?

Alimo said:My only issue with the CitiBusiness card is it says "for new members only" or something like that in the T&C's. Doesn't that mean if I get it now, I won't be able to get it later on when I want 0% cards?All I see is "This offer is available only if the Business does not already have a CitiBusiness® Card and, within the previous 90 days, has not applied for or received a CitiBusiness® Card." So you just close the account before applying for another one. You're applying for another card just for the $60 bonus, so why pass up on 15k points ($150) when the offer may be withdrawn at any time? Besides, you have 12 months to initiate the BT, so if you get a good limit you might decide to take advantage of it by then.

I didn't know canceling would do that...CitiBusiness w/TYP added again

Do people cancel BOA cards, too? Or that doesn't work so well because it's a personal card?

Alimo said:I didn't know canceling would do that...CitiBusiness w/TYP added again

Do people cancel BOA cards, too? Or that doesn't work so well because it's a personal card?

We make the rules UNLESS you owe to much money, then THEY make the rules. The TYpoints I think are hit and miss, maybe maybey not.

Advanta only lets you have 1 card, thats why people cancel them. Bofa lets you have a bunch of cards and will let you move your creditlines to new BofA cards. They even taught me this, Citi is getting harder to move lines. Chase will move them also, but it's hit and miss. You'll just have to keep trying if they say no.

There is no reason to close a personal (BofA or not)that I can think of at the present time, when things change you'll see it here on FWF 1st.

I've been told I'm at my max from BofA, Citi and chase, So I just apply for more cards from them and I get most of them.

You really have alot to read, it's pretty amazing how this all works. Unless anyone has played this game, THEY CAN'T UNDERSTAND IT.

Your neighbor would think your nuts, your boss would say IMPOSSIBLE. Your mother would think your crazy and ifyouhavetoask thinks it's DANGEROUS oooohhhhhhhhhh.

Only the AORers on Fatwallet can help you IMHO

This is more of a bump/update.

Quick Summary has been shortened and updates with questions I'd like answers to.
I've also moved the CitiProfessional card up in terms of when I'm going to apply for it.

Is there anything else people would like to know? Any tips people can share?

If you didn't notice, I asked whether doing it at 9:30AM is late? I've heard most banks work on East Coast time...so is 12:30PM East Coast time fine?

You've all been a HUGE help.

I was thinking of just filling out all the forms the night before and clicking the Apply button once I get home (I have class 7:45-9:10AM PST and will get home around 9:30). These forms don't have a time limit for applying, do they? Like they don't refresh every 30 minutes or something, right?

Venturion said:I believe many of them do time out... others can confirm.

Yes, some time out after 15 minutes.

yes they do time out. the ones I tried that with did anyway. Citi, Discover, chase, 1st usa, etc.

thanks for all the tips and kind words