Jackcrawfish Encore AOR 2.0 | Grouped by Bureau - Experian Frozen - Reward Checking IN USE

UnixLab said: juanglee said: UnixLab said: Today Bank Atlantic biz card shows up in my personal credit report, only on EQ.
anyone ?My DW had a new card approved but closed upon receiving the card as a course of AA.
This showed on EQ around last weekend, which is about when yours showed.
It says closed upon creditor's request showing only .5k limit.
It's really worrying me as I am preparing for biz AOR.
Is yours current and maybe w/ balance?Mine does still carry balance while they close it. I was testing to see if they will issue me another one since I am offcially not having a card with them, but I have not pay off the old card yet. It has been over two weeks and so far I receive nothing from them regards to my new application.check status here

We're a bit off my AOR2.0, but it seems appropriate given the amount of Bank Atlantic / Juniper Biz stuff in this thread...

Call and ask for the difference between your closed balance and your closed credit line. Ask them to apply that difference to the new application so that it may be approved.

of course, you have to report back here your experience

Thanks to bob for posting his ics report, I just requested mine to give some hard data points.

lhendricks92 said: jack, so you ended up getting a new Bank ATL with the old one closed and showing a balance? your barclays journey was confusing to say the least. could you summarize and tell us what you would do differently in hindsight?One summary here and less detailed summary follows:

1. I closed old Bank Atlantic (with balance)
   
2. I applied and was immediately denied for new Bank Atlantic card
   
3. I called Barclays credit to move 15k of old Bank Atlantic credit line to personal Juniper National Park line
   
4. I called Barclays credit and rep offered to move $15k personal line in order to approve Bank Atlantic app
   
5. I paid off remaining old Bank Atlantic card balance
   
6. I called to move the remaining $14k credit line from old Bank Atlantic to Juniper National Park card.
   
7. I called and asked to move $14k of the National Park card to the existing Bank Atlantic business card.

National Park card shows new credit line of just $1k. For new Bank Atlantic, credit line of $29k ($15k to open + $14k reallocated)

I would definitely do things differently just as markkundinger suggests (also numbered below). I believe Glitch is doing it right too.

1. Reallocate Bank Atlantic biz to the personal card
   
2. close the old Bank Atlatic biz card
   
3. get a new business card (Bank Atlantic or Juniper Biz)
   
4. Reallocate from personal to business.

I consolidated my Citi credit into the Associated card (now a 28k line).

I am still missing decisions for my CHASE and Iberia apps but as it stands this morning, my "brand new" credit (excludes reallocations and consolidations) = 68,500 (of which 33k is personal) HOWEVER, with consolidations and reallocations, my "new" credit is 136,300 (of which 71k is personal). With all the shifting of existing credit over to new, this is how my total credit profile looks today:

                      TOTAL   PERSONAL   BUSINESS
"new 0%" credit  =  136,300     71,000     65,300
existing credit  =  180,100    156,700     23,400
GRAND TOTAL CR   =  316,400    227,700     88,700
 
                      TOTAL   PERSONAL   BUSINESS
"planned 0%" BT$ =  122,692     60,520     87,092
Cred utilization =    38.7%      26.5%      70.0%

markkundinger said: It looks like you're going to do your advance on your Citibank associated bank card. I would strongly exhort you not to do such a thing, for the very important reason that you have a perfectly good citibusiness card with a 0% offer as well. Reallocating to that, and doing the advance, will do wonders on preserving your credit score. My only caution would be to keep "enough" credit limit on the personal side, since you won't be able to reallocate back.

Whoah, wait - does Citi do this dance? I've got a $24k new Ass Bank and a new $8k biz line, but almost all my personal credit from all issuers save AM3X is available for 12mo BT; any Citi limits left on personal cards, then, is about 50% dead money to me (since I stay under 50% personal util.). I've looked through the reall thread a few times - is this confirmed that Citi is becoming reall friendly, enough so that pers->biz works? I really don't want to spook these guys...

Pangloss1980 said:
Whoah, wait - does Citi do this dance?

This is not the most timely datapoint but I was able to move citi personal to business (with a 0% bt offer) back in late October. I used the "need to make a big purchase" line on the csr. Its worth a try.

markkundinger said: JACK YOU FOOL!In fact, I initiated a BT check with the Associated card (26% personal utilization will not raise eyebrows anywhere - I'm expecting)

I like the idea of using the business BT @ month 11 but like the CASH Returns card option even better. To clarify,

1. Between months 10-11 of the Associated card life, apply for a CASH Returns card (note that I'm going to fund a new Citibank account with my wife's CASH Returns card first before I take the plunge)
   
2. with new line, payoff and consolidate the Associated credit line into the CASH returns card
   
3. Open Citibank EZ checking and/or Ultimate Savings account with initial funding done with the CASH Returns card (this assumes cash returns card isn't already dead)

Iberia sent me a denial letter: Too much revolving credit which is funny to me because as of yesterday morning, I'm seeing TU Bumpage

The following have fallen off:

• BRCLYSBANKDE 8/19
  
• DISCOVER FIN 8/19
  
• PULASKI/IBER 8/19
  
• WASHMTL/PROV 8/18

I use:

1. PM123
   
2. TureCredit
   
3. National City IDProtect
   
4. CHASE Identity Protect
   
5. AMEX Credit Secure
   
6. Credit Karma

CHASE approved my personal card for 7,000 but the rep could not process a "line consolidation" to biz due to a "security hold." I got transferred and was asked 3 multiple choice questions to confirm my identity:

1. What is my height as listed on my state issued driver's license (a=5'8", b=5'10" or c=6'0")
   
2. What county is your former address located in? (a=Sanborne, b=SIS or c=DaveHanson)
   
3. Which of the following addresses have you lived at previously? (a=123 Main Ave, b=$$$$ SIS or c=Reigning Moneyville DaveHanson)

After answering all questions correctly, she transferred me back to biz rep for line consolidation. I moved 6k of the 7k to my 23,800 business card.

I was denied my Wells Fargo application initially. Wells Fargo credit analysts stated the credit policy is to only allow one card at a time. After confirming reopening was possible, I asked to close my $16,500 existing line to try and take advantage of an excellent BT offer on the new application. The credit rep said wait a few days for their decision on the new application.

I ended up being approved for $8,000 (a far cry from 16,500) but the $$$ is BT FEE FREE:

• Balance Transfer Fee: The fee is $0 for the first 30 days the account is open and after that, 3% of the amount of each balance transfer, but not less than $5 or more than $75.

markkundinger said: jackcrawfish said: I was denied my Wells Fargo application initially. Wells Fargo credit analysts stated the credit policy is to only allow one card at a time. After confirming reopening was possible, I asked to close my $16,500 existing line to try and take advantage of an excellent BT offer on the new application. The credit rep said wait a few days for their decision on the new application.Interesting jack, and I may have missed it before but how long had the old card bene closed? i've got one that's been closed a few months. Do you know if "reopening" would require a hard inquiry? do you have a number for WF's credit ninja department?I applied while my first card was still open to test their policy of 1 card per person. Per my multiple card research, I was told:You usually can have only one Wells Fargo credit card account with you as the only cardholder.

You can close you account one day and submit an application the next dayWhen I called for the status of my application the credit rep confirmed their policy of 1 card per person. It was during the app status call that I requested closure of my existing 16500 card. (To your question regarding hard inquiry for reopen): I asked, "If I close my existing card (so that the new application can be considered) and I am denied, can I reopen the closed card without a hard inquiry?"

Her response was, "if the request to reopen is within 60 days of closure, a hard inquiry is not needed."

Frankly, I don't believe Wells would deny my new application and then reopen my closed line without a hard review.

YMMV

edit: 800-967-9521 is direct line to credit department

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

08/18/2008	Chase                           (AOR2.0)
08/21/2008      Citi                            (AOR2.0)
08/22/2008      Chase                           (AOR2.0)

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)

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

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)

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.

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...

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

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.

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?

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

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...

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

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.