Hello All,
I am longtime reader of Fatwallet finance, but this is my first post.
Small Introduction
Before I started reading Fatwallet finance, I was very conservative with my finances and very skeptical to purchase anything using
credit cards (I always thought, people will spend more if they use credit cards). My perception towards credit cards changed after
reading the success stories and how you guys are able to benefit from credit cards and in general money management. Based on
all the reading, Last year I have done a very small AOR with just 3 cards, which earned me about $700 in interest.
I have also financed part of my oversees home mortgage using the 2.99% fixed for life of balance using Chase Freedom card
(Currently I am paying 11% on my oversees home mortgage ). This helped me to reduce the amount of I pay in interest by more then
half over the life of the loan.
I am planning to do a small AOR to get some additional money, which I am planning to use for my Vacation
next year. Below are my details
Age 34
HHI - 80K
No Mortgage in USA.
SCORES
Date Service tu ex eq
07/08/2008 CitiIDMonitor 693 713 720
07/29/2008 Chase Id Pro 685 695 720
INQUIRIES
TransUnion 07/09/2008 TRANS UNION
Equifax 06/12/2008 AT&T SRVS
TransUnion 05/28/2008 FIRST USA NA
Equifax 07/22/2007 FIRST USA
TransUnion 07/21/2007 US BANK
TransUnion 07/21/2007 BK OF AMER
TransUnion 03/16/2007 FIRST USA NA
Experian 01/08/2007 TRANSUNION RESID CR SO
TransUnion 01/08/2007 TU MRTG DPT
TransUnion 11/18/2006 CITI
I don't have any Mortgage in USA. I don't know why I have this enquiry TransUnion 01/08/2007 TU MRTG DPT
ACCOUNTS
Personal Limit Balance
Citi Diamond Preferred Rewards 9.5k Daily use
Citi Platinum AMEX 15.5k 0
BoA
Platinum Plus 10.2k 0
US Bank
Platinum Card 11.5k 0
Chase
Freedom Visa 21.5k 18k (2.99% fixed for life).
Freedom Master 2k 0 (Recently reallocated to Freedom Visa Original 5000)
Platinum 2k 0 (Recently Reallocated to Freedom Visa - Original 9000)
Discover
Regular Card 7k Daily use
Credit card from local credit union 1k 0 (This is my oldest card from 2001
Store Cards
JC Penny 500 0
Macy's Visa 6.5k 0
Kohl’s 1k 0
Mervyns 200 0
Cards I am planning to apply
I am not planning to apply more then 10-15 cards.ISSUER Type of card Term Rate Fee Apply A/D
AMEX
AMEX ??? I want to get some points for a gift card or hotel stays - please suggest
US Bank Personal 12 0 0 Pro Bulls
Chase Personal 15 0 0 I have got a pre-approved offer in mail
Chase Business 12 0 75 Chase Business Rebate
Chase Business 12 0 99 Chase Cash
Citi Personal 12 0 0 Citi Associated
Citi Personal 12 0 0 Citi Professional
Citi Business 12 0 0 Citi Business
BoA Personal 12 0 0 Platinum Plus
Discover Personal 12 0 0 Free 9" Philips Portable DVD Player
Any suggestions in making my AOR successful are really appreciated.
Thanks to jackcrawfish for the format and some apps. Thanks in advance to everyone for their suggestions.
Updated with one more card info which I forgot in my initial list.

