win333 said:Well i'm here, I didn't get the alert for a new AOR thread, damn i've missed alot.

2ndcore

I guess no pics of the sister huh? LMAO

Your list is so big I can't go thru it all, but i'll add what i've been thinking for my next AOR.

Brian did 15 chase apps and got nothing (good try), but venturion got 7 new chase accounts so far. So on the outside chance that Venturion found the RIGHT chase cards and the RIGHT order of application. I would copy all his chase apps, no sense in
re-inventing the wheel. If my theory is right about the different divisions in chase, then I think Venturion has hit the right ones. He also only got a few INQs from chase, so he did something right.

Triple play huh? To bad you can't freeze, i'd sure like to see you with 10 LLCs. But heck maybe a million is enough.

In 1 of your last posts you said, "the list has 10 biz cards". Is that all? So there is 46 personal apps, Jericon's A/A was explained to be because of 20 new accounts within 12 months. PolarDude did many more apps but only got about as much new credit as others with 30 or 40 apps.

Everyone on creditboards knows about the CITI Trifect, thats 3 CITI biz cards at once. So I don't know why we think there is a 2 biz app limit. It might be because they have biz credit reports and some of us don't. No real way to know, other than trying.

Over all 2ndcore, I'm impressed! Your plan looks very well laid out and you seem to feel the same way as I do about A/A. You also seem to be willing to except some A/A, I don't really see the big deal if WE lose some accounts.

Thats about all I can add, I have the popcorn ready.

Can't wait!

EDIT:
The banks aren't checking DL #s on apps, just make up a number that matches your state. They ask for that, so when you make a withdrawal and they check your ID they have a number to match with. I don't see your kids going to the bank, RIGHT?

win333,

The more I read, the more I think either (a) this is all one big YMMV, or (b) I'm stupid and can't see the patterns in front of my eyes.

You know, my sister is pretty, but c'mon, she's my sister...

I was wrong, the original 56 includes 17 biz apps. I'm thinking I'll cull on the personal side somewhat.

I don't think I'll make up DL #'s for the kids. Not sure what I'll do there yet except that I will try to open the accounts for them.

2Cor521

maddybeagle said:Banks can search for DL numbers in the state databases...and I have had to provide copies of my DL on a few bank sign-ups so I dont know how you would think making up a number would work???

I have been conservative with the AMEX-in cards and stayed less than 50% and only bt 10-12k and applied for new cards with them twice and no problems...

I have read a few close advanta and reapply and got lesser card limits, so YMWV...

maddybeagle,

Are you maddythebeagle elsewhere?

I've seen the Advanta pattern you've described. I just got the closure letter from them in the mail today saying "So sorry, call if you change your mind." If they decline to issue me a new card, I'll call and say I've changed my mind .

2Cor521

PolarDude said:Maybe others can concur, but I got a denial for more than 1 Citibusiness cards in 1 AOR. Chase seems hit or miss on multiple approvals, but Venturions AOR looks like potential. I've seen someone get 9 BofA/Fia cards in 1 aggresive AOR, but ended up getting ALL their accounts closed a few months after pulling ~200k from them. OP has a few Citi / Chase cards already, I can't remember if there's a hard limit or not. Is your biz going to have a web presence? Duns is super slow in giving the free duns, you might not see it until April, and I don't know if it makes a difference unless you have tradelines showing, but it should get you an Experian biz profile, but after several weeks of being in Duns. One thing I might mention, is I tend to like doing each bank all at once, and not skipping back in forth, reasoning you don't want the last Citi/bofa/chase app to see you lots more inquiries when your first app only showed so many. If they keep each app completely separate, then it's more doable, but I'd be interested to hear how others have fared when that many apps in between one bank (Citi AMEX at the very bottom, with them also being on top) Some may even pull the next day, or hours later depending on when you do this. I can't wait to see it, and love all the details. I kinda wish there were more issuers though (Where's GE Money?) As for discover, I think 1 personal and 1 biz is OK, but there may be a cap on cards/exposure. He may get small lines with issuers he has alot of credit already, and I think it's too aggresive for me, and would add in more issuers instead.

I went looking briefly and couldn't find a capped GEMB 0% BT offer, and in my research I didn't see them regularly granting large lines for utilization purposes. So that's why no GEMB.

2Cor521

Wow! This looks very ambitious. I would just offer one bit of advice since your list is so long and it's on order of applications. I can't confirm it but based on my experience I think you are best off doing a single lender's apps in groups especially the most important ones first. I think you get in trouble when you go through 7 Citi apps right up front and then you have a couple more in the 40s for example. Now instead of them just seeing the few pulls they see 40 pulls and all of those apps not instantly approved become questionable. I also got dinged pretty hard by the cards toward the end of my last AOR for too many recent inquiries. They show up almost instantaneously now so all in one day seems like it only helps if it reduces each lenders total pulls. Those guys at the end are going to see a lot. Just be prepared for some rejection.

Also FYI when I went for 89% consumption on personal I had a lot of issues with lender's. At < 70% it's smooth sailing. For me that difference is well worth it and means I'll be comfortably doing BTs for ages to come (I Hope). Believe me that last 10% means something too when you're talking about 1.4M in credit. Trust me no hassles and not account battles/closures line reductions well worth it. Just my two cents.

Good Luck!!

Thisguy

I like the idea of doing all apps for each creditor at the same time and not out of order. my .02

I don't know much about HSBC, but I did happen to read about the HSBC Gm card. You only have 1 HSBC card, just a thought.

I think most FWFers try to do apps in the A.M. just to make sure all INqs are on the same day. TU will combine multiple INQs from the same creditor on the same day. But I have done my AORs over several days before. I'm up to .06

Nice layout, you don't look lazy at all!

Alimo said:Green for you. I can't believe someone gave me props for my A0R

BTW, I got 2 denials even though I only applied for 11 cards. I don't think you can really use my A0R as a data point though, seeing how vastly different our histories are.

Anyway, good luck with your A0R. I, for one, will be very interested in the results.

Hey Alimo,

I have found that going back any more than about three months, one runs into a lot of offers that have expired, changed terms, etc. Yours was a relatively recent A0R that I took note of and looked at the offers you listed.

By my count, I read 27 A0R threads looking for cards. Looks like I was a bit too successful in finding offers

2Cor521

Here's what I would do:

Chase - You have lots of accounts and credit with them already. I would apply for ONE business and ONE personal, maybe even just one business. Create a monster biz line and do a monster biz BT.

BofA - Just get the NEA card and ask for a CLI. Based on the strength of your credit file and income, you should be able to get a max personal exposure of $75K. Apply for a BofA biz card. Yes, I know the new account offers have uncapped BT fees, but they will eventually give you a capped offer on your account. Just need to be patient.

Citi - You don't need any more personal cards, and I prefer to do all my BT action on the biz side with Citi. Get the Hilton and Associated Bank - but only for CL. They seem to have separate credit buckets, and you can send the new credit to the biz side. Apply for 1 or 2 biz cards.

Everything else looks pretty good. Good luck.

TyroneSchulace said:Kudos on grouping apps by issuer. You'll likely only get one combined pull for all biz cards/bank. That should help as you move on down the list, but that's still a lot of cards.

I agree with lhendricks92...You may just end up with smaller limits and lower average age.

5th3rd- you're in their area?

Bank bonuses: Don't do custodial accounts. The IRS takes a very dim view of someone using money in those for anything other than the benefit of the minor, including normal expenses for the minor. One way to go is a revocable trust. x3. These can be biz or personal accounts, money comes and goes as you please, like a POD, except a TIN gets you around the "one/calendar yr" rule.

Good Luck!

TyroneSchulace,

Love the screen name, by the way.

As far as too many accounts and lower ages, I plan to rapid consolidate such that the new accounts don't even appear on my credit history. This mitigates the "too many Citi/Chase apps" problem IMHO.

Regarding 5/3, no, I'm not -- good catch, I'll remove that one from the list.

Good hint on the revocable trust. I'll take a look at the link.

2Cor521

lhendricks92 said:Here's what I would do:

Chase - You have lots of accounts and credit with them already. I would apply for ONE business and ONE personal, maybe even just one business. Create a monster biz line and do a monster biz BT.

BofA - Just get the NEA card and ask for a CLI. Based on the strength of your credit file and income, you should be able to get a max personal exposure of $75K. Apply for a BofA biz card. Yes, I know the new account offers have uncapped BT fees, but they will eventually give you a capped offer on your account. Just need to be patient.

Citi - You don't need any more personal cards, and I prefer to do all my BT action on the biz side with Citi. Get the Hilton and Associated Bank - but only for CL. They seem to have separate credit buckets, and you can send the new credit to the biz side. Apply for 1 or 2 biz cards.

Everything else looks pretty good. Good luck.

lhendricks92,

Thanks for the continued feedback. I'll consider it all.

See my comments and questions above regarding co-branded Chase cards. I just noticed #3 and #4 may be the same card -- anyone know for sure?

2Cor521

SecondCor521 said:A second thought is that #5 through #7 on the list are co-branded cards. I expressed confusion last year about co-branded cards and admit that I didn't do enough research to understand the implications of a card being co-branded. My hope is that they are treated differently for application purposes but the same for consolidation and reallocation purposes, which would be ideal for me. Can anyone clear this up for me or set me straight?

I've had good luck using this strategy with Citi, but I would also like to know how others have pursued this technique with Chase and BofA.