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Jackcrawfish Encore AOR 2.0 | Grouped by Bureau - Experian Frozen - Reward Checking IN USE Archived From: Finance

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alert mods    
   posted: Sep. 5, 2008 @ 9:59a

jackcrawfish said:lhendricks92 said:althes said:ICS is the cra I was talking about, seems to be getting alot more use by banks.Details? The only FI I know that uses ICS (or at least denies based on ICS) is FNBO/Infibank.I too am curious, althes ... is there hard evidence?

FWIW, I called USBank "investigative services" this morning (aka verifications dept @866-268-7231).

I called regarding of their "100 applications at your address" concern mentioned yesterday (8/20/2008). After being on hold for 14 minutes, they told me my application has been forwarded to underwriting. I asked specifically whether an ICS report was the source of information used in underwriting USBank applications. The rep did not know. After checking with another person (another 4 minute hold), she came back with "what is it again you're asking for?" After re-explaining what an ICS report is, she quipped, "well...your already being approved so I don't understand your question"



I gave up... Sorry FW, I could not verify whether USBank uses ICS reports for verification and/or underwriting...My ICS report arrived. As suspected, USBank uses ICS (see below detail of my AOR2.0 hits against ICS. My full report can be viewed in the dedicated thread)

  • USBank reports as ELAN


ICS USER DETAIL
The following sections identify institutions that received information from the Issuers' Clearinghouse Service regarding your Social Security number. Please be advised that the number of credit cards you have applied for as well as the number of credit card applications otherwise associated with your Social Security Number are key factors in determining whether an ICS alert is issued.Application Received, ICS Requested by Institution - This section indicates users that accessed your consumer report for application review purposes
  • 08/07/2008	Elan                            (AOR2.0 USBank app)

  • 08/20/2008	Citi                            (AOR2.0)

  • 08/21/2008	WAMU / Providian                (AOR2.0 8/18 TU original inquiry)
General Inquiry Section - This Section indicates users that accessed your consumer report for account review purposes
  • 08/18/2008	Chase                           (AOR2.0)

  • 08/21/2008      Citi                            (AOR2.0)

  • 08/22/2008      Chase                           (AOR2.0)
Prescreen Inquiry Section - This section indicates the users that accessed your consumer report for the purposes of making a firm offer of credit or insurance
  • No items on File
ICS FURNISHER DETAIL The following sections identify institutions that reported information to the Issuers' Clearinghouse Service regarding your Social Security numberApplication Received, ICS Requested by Institution
  • IDENTICAL INFORMATION AS POSTED IN ICS USER DETAIL section above [excluding General Inquiries (account reviews)]
Application Received, ICS NOT Requested by Institution
  • 08/18/2008	Total System Services, Inc.    (???TSYS is a card processor similar to FDR)

  • 08/19/2008	FIA Card Services              (AOR2.0 - Experian freeze - denial)

  • 08/19/2008	FIA Card Services              (AOR2.0 - Experian freeze - denial)

  • 08/19/2008	Juniper                        (AOR2.0 - )

  • 08/20/2008	Wells Fargo Bank               (AOR2.0 - Experian freeze - denial)

  • 08/20/2008	Juniper                        (AOR2.0 - denial - multiple biz cards not allowed)

  • 08/21/2008	National City                  (CLI request)

  • 08/25/2008	Juniper                        (AOR2.0)



alert mods    
   posted: Sep. 8, 2008 @ 11:04a

jackcrawfish on 9/4 said:I applied last night for one final 2.0 card (CASH Returns)... New Citi savings... here I comeI was approved this morning for the Citi CASH returns card:

  • Congratulations and welcome to Citi CashReturns(SM) Card membership! Your account was approved on 09/07/2008 with a credit line of $4,800...

Now I need to:
  1. open multiple Citi USA accounts while reallocating to CASH Returns card
  2. provide funding instructions to Citibank so that they can
  3. b**chslap Citicards for an immediate 5% ROI
  4. provide funding instructions to Citibank so that they can
  5. b**chslap Citicards for an immediate 5% ROI
  6. provide funding instructions to Citibank so that they can
  7. b**chslap Citicards for an immediate 5% ROI
  8. provide funding instructions to Citibank so that they can
  9. b**chslap Citicards for an immediate 5% ROI

(NOTE: Per T & C of my Citi CASH Returns card, I have the 7.74% APR

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alert mods    
   posted: Sep. 8, 2008 @ 5:09p

jackcrawfish said:The USBank rep was very clear that I could not BT straight to a checking or savings account. I said that I had a line of credit account to payoff:

  • ING Direct,fsb
  • po box 60
  • St Cloud, MN 55555

Rep said that was fine so long as there was a balance on that LOC account.


Crap, I didn't pay enough attention when you posted this. I'm not entirely clear on the mechanics of what you did here, partly because I don't know what fsb means. Any tips?


alert mods    
   posted: Sep. 8, 2008 @ 5:53p

Thanks for the US Bank BT info. I called them just now. They didn't even blink. Just told them the bank name, address, and account number. Check will be sent out tomorrow.


alert mods    
   posted: Sep. 8, 2008 @ 7:06p

fsb stands for Federal Savings Bank.

My USBank "deposit" only took 4 business days.

In other news, my 22000 Bank of America direct deposit posted and was immediately available today (8/27 request date with 9/8 posting date)


alert mods    
   posted: Sep. 8, 2008 @ 7:47p

jackcrawfish said:jackcrawfish on 9/4 said:I applied last night for one final 2.0 card (CASH Returns)... New Citi savings... here I comeI was approved this morning for the Citi CASH returns card:

  • Congratulations and welcome to Citi CashReturns(SM) Card membership! Your account was approved on 09/07/2008 with a credit line of $4,800...

Now I need to:
  1. open multiple Citi USA accounts while reallocating to CASH Returns card
  2. provide funding instructions to Citibank so that they can
  3. b**chslap Citicards for an immediate 5% ROI
  4. provide funding instructions to Citibank so that they can
  5. b**chslap Citicards for an immediate 5% ROI
  6. provide funding instructions to Citibank so that they can
  7. b**chslap Citicards for an immediate 5% ROI
  8. provide funding instructions to Citibank so that they can
  9. b**chslap Citicards for an immediate 5% ROI


(NOTE: Per T & C of my Citi CASH Returns card, I have the 7.74% APR

Ok, I must be missing something big here: I thought the card only had a 5% cash.back on purchases; so the realls and all these steps do what? Are you getting 5% back on whatever you BT? While you answer I'll go rumage out my dunce cap, special made for when I failed to include biz credit in A0R 1.0.


alert mods    
   posted: Sep. 8, 2008 @ 11:15p

DjPiLL said:Tough call on that Bank Atlantic. If you close and reapply in the short time frame, maybe two weeks, you give all your fellow FW buddies excellent data points.

But hey I am biased sitting on the sidelines here. I would do what's best for you.FYI - I reapplied 9 days after closing my BA account, it was approved an additional 3 days after submitting the application.


alert mods    
   posted: Sep. 8, 2008 @ 11:32p

jackcrawfish said:My existing BOA Plat Plus M/C had a 24,100 credit line.

I called this morning and asked them to resume application processing as I had lifted the freeze from my report temporarily.So you had to lift your freeze, they wouldnt use the PIN to bypass the freeze themselves? The CSR I spoke to 'submitted the request', but I'm not sure what she requested - that the PIN be used to access EXP, or another bureau be pulled instead.


alert mods    
   posted: Sep. 8, 2008 @ 11:40p

Pangloss1980 said:jackcrawfish said:jackcrawfish on 9/4 said:I applied last night for one final 2.0 card (CASH Returns)... New Citi savings... here I comeI was approved this morning for the Citi CASH returns card:

  • Congratulations and welcome to Citi CashReturns(SM) Card membership! Your account was approved on 09/07/2008 with a credit line of $4,800...

Now I need to:
  1. open multiple Citi USA accounts while reallocating to CASH Returns card
  2. provide funding instructions to Citibank so that they can
  3. b**chslap Citicards for an immediate 5% ROI
  4. provide funding instructions to Citibank so that they can
  5. b**chslap Citicards for an immediate 5% ROI
  6. provide funding instructions to Citibank so that they can
  7. b**chslap Citicards for an immediate 5% ROI
  8. provide funding instructions to Citibank so that they can
  9. b**chslap Citicards for an immediate 5% ROI


(NOTE: Per T & C of my Citi CASH Returns card, I have the 7.74% APR

Ok, I must be missing something big here: I thought the card only had a 5% cash.back on purchases; so the realls and all these steps do what? Are you getting 5% back on whatever you BT? While you answer I'll go rumage out my dunce cap, special made for when I failed to include biz credit in A0R 1.0.

I think that is for the opening a Citi Ultimate Savings Account, where they allow initial funding via a credit card...search for 40K TYP when opening a new Citi MMA or USA, and that thread will tell you more than you want to know.


alert mods    
   posted: Sep. 8, 2008 @ 11:48p

Jack, is your plan to quit those 5 or so credit reporting services after doing your A0R? Or are you going to keep them every month. I could see the general consensus leaning towards starting just before your A0R and ending after one month, but keeping them going just to avoid inqs showing up on random account reviews could cut into profits quite a bit...just wondering what you were going to do.


alert mods    
   posted: Sep. 9, 2008 @ 6:46a

Hey jack:

How do you know you are getting b* on all five of thise reporting services?

I thought there is no b* with thw TU baswd services?


alert mods    
   posted: Sep. 9, 2008 @ 8:09a

Glitch99 said:jackcrawfish said:My existing BOA Plat Plus M/C had a 24,100 credit line.

I called this morning and asked them to resume application processing as I had lifted the freeze from my report temporarily.So you had to lift your freeze, they wouldnt use the PIN to bypass the freeze themselves? The CSR I spoke to 'submitted the request', but I'm not sure what she requested - that the PIN be used to access EXP, or another bureau be pulled instead.I called 3 times and offered them my pin. I was told 3 times to either reapply or contact Experian directly to remove the freeze... that was my experience.


alert mods    
   posted: Sep. 9, 2008 @ 8:14a

Pangloss1980 said:Ok, I must be missing something big here: I thought the card only had a 5% cash.back on purchases; so the realls and all these steps do what? Are you getting 5% back on whatever you BT? While you answer I'll go rumage out my dunce cap, special made for when I failed to include biz credit in A0R 1.0.like jfharper points out below, fund new savings account with credit card... credit card... credit card...

another thread here


alert mods    
   posted: Sep. 9, 2008 @ 8:15a

jfharper said:Jack, is your plan to quit those 5 or so credit reporting services after doing your A0R? Or are you going to keep them every month. I could see the general consensus leaning towards starting just before your A0R and ending after one month, but keeping them going just to avoid inqs showing up on random account reviews could cut into profits quite a bit...just wondering what you were going to do.I plan to keep only one active after I bump EQ clean


alert mods    
   posted: Sep. 9, 2008 @ 8:21a

DjPiLL said:Hey jack:

How do you know you are getting b* on all five of thise reporting services?

I thought there is no b* with thw TU baswd services?I know I'm getting bumpage because I'm seeing bumpage if that makes sense....My inquiries fell off from TU after peaking at 6, I believe. I have 3 other non-TU based services too...


alert mods    
   posted: Sep. 9, 2008 @ 8:26a

jackcrawfish said:Pangloss1980 said:Ok, I must be missing something big here: I thought the card only had a 5% cash.back on purchases; so the realls and all these steps do what? Are you getting 5% back on whatever you BT? While you answer I'll go rumage out my dunce cap, special made for when I failed to include biz credit in A0R 1.0.like jfharper points out below, fund new savings account with credit card... credit card... credit card...

another thread here

Wow. A bold and brilliant move, in the abstract, but I have to confess I'm a bit nervous about AA from Citi for you given the current climate. Just re-scanning through the AA thread on them has my own panties in a bunch, and I wear boxers, not briefs.


alert mods    
   posted: Sep. 9, 2008 @ 8:29a

OK... I've had a lot of PMs asking how to fund a Citi deposit account with a Citi credit card as the purchase... I posted the 40k TYP links in this post.

FW community (I'm looking especially for the veteran/VIP member votes here too...) shall I post my specific data points/process I'm using [thanks for the PMs] or should I let the 40k TYP thread speak for itself?

Vote using this post:

  • Green = yes... share my experience
  • Red = no... leave the FW effect for another deal/loophole

edit: PM me your vote and rationale if you don't want the community to know your position


alert mods    
   posted: Sep. 9, 2008 @ 3:07p

A little OT, but has anyone had two CitiBusiness cards of the same type at the same time. Would I be better off closing my current one and reapplying before AOR 2.0?


alert mods    
   posted: Sep. 9, 2008 @ 3:58p

jackcrawfish said:Glitch99 said:So you had to lift your freeze, they wouldnt use the PIN to bypass the freeze themselves? The CSR I spoke to 'submitted the request', but I'm not sure what she requested - that the PIN be used to access EXP, or another bureau be pulled instead.I called 3 times and offered them my pin. I was told 3 times to either reapply or contact Experian directly to remove the freeze... that was my experience.I couldnt get them to use my EXP PIN, but otherwise had success in getting approved without lifting the freeze.


alert mods    
   posted: Sep. 9, 2008 @ 4:00p

9/4/2008 I said:I am still waiting for Bank Atlantic to approve 1 of my 2 BT requests submitted online on 8/28. They approved sending $8750 on 9/2 but not the $20000. Today marks the 5th business day waiting for them to send the $20000.I have a $29,000 credit line with BankAtlantic.

I requested two balance transfers which would use 28,900 of the 29,000 limit (8750 + 20000 + 75fee + 75fee).

I called today and was informed the 20,000 BT was declined by the "system." I asked rep what the limit per balance transfer was. He said 20,000. I asked him why was my BT declined by the system - was there a change to the terms and conditions? He tried to say it was a $10,000 BT per day limit.

I got nowhere in arguing with him so I ended call and promptly requested a new BT for the same amount to launder through my BOA Pet Rewards card. I then made a $150 payment to leave more than a measly $100 available credit. I'll update later on success of this strategy.

edit: note sent via secure mail:

I just submitted a new request for a balance transfer (#789012). Per the frequently asked questions for the account, "The Balance Transfer must be a minimum of $100 and may not exceed your available credit or $20,000 whichever is less." I was very disappointed to discover the other balance transfer for $20,000 was not processed (#123456). There was adequate available credit to process this transaction. Please ensure payment is made immediately to the creditor referenced in request #789012.


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