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Inaugural App-o-rama | 10 months | Paid A0R Early (except biz balances)

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rated:
   posted: Jul. 20, 2007 @ 9:09a
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July 29, I jumped in @ 4:30 am CDT. By 7 am I was finished (I added 2 business apps 5 days later). Thanks to markkundinger for his inspiring 1st and 2nd AORs (similar template follows):

Goals:++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++Personal Info:
My objective is strictly interest earnings. Rewards are secondary.++++++++++++++++++++++++___Reported HHI $89,240
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++___Business INC $0

___TrueCredit FAKO scores:
TU=769 EX=763 EQ=768____7-19-07 OPENING SCORES
TU=696 EX=669 EQ=721___10-16-07 ALL BALANCES/LINES/BUMPAGE REPORTED (inquiries = 1,12,1 respectively)
TU=780 EX=750 EQ=785___06-19-08 ALL BALANCES paid off (inquiries = 1,11,6 respectively)

 

(moved daily detail to separate post here)
(moved "Utilization/BT Game Plan" to separate post here)


Beginning Credit Lines(all $0 balance):
____Citi Dividend________**$31,000__ 10/1996__ Ind
____ING LOC____________$10,000__ 06/2003__ Jnt
____FirstPremierBank LOC_$7,500____06/2003__ Jnt
Beginning Mortgage Balances:
____WAMU Mortgage (1st)__$141,399__04/2005__ Jnt $806/mo
____1st Premier Mort (2nd)__$7,111____04/2005__ Jnt $1450/mo (PAID OFF 8/31/2007)
** includes (possibly regretable) hard CLI inquiry dated 06/2007 (up from $11,000)
Prep Work:
__1.__Read forum notes - A MUST of anyone doing an AOR I gathered
__2.__Research cards using multiple sources including FW (i.e. cardoffers)

Cards (Issuer, order of application, personal or business, status/line)
PERSONAL
AMX_________01_P_APPRVD_64100_AMX IN:CHICAGO LINK (EX bureau)bang! 11.9k | softreq 8/5=35k | 8/7 realloc biz=64.1
BOA_________03_P_APPRVD_20000_B of A Platinum Plus M/CLINK 0% 12 mo NO FEE bang! $7.2K | soft req 8/5 | $20k | soft req 9/25 |
BOA_________04_P_APPRVD_02000_NEA WorldPoints Platinum Plus Visa Card LINK 0% 12 mo $30 fee
JUN_________06_P_APPRVD_01000_Nat'l Park Platinum Visa LINK 0% 12 mo $50 fee TU bureau bang! 10k | realloc to biz
CHSE_______08_P_APPRVD_00503_HOME IMPRVMNT REWARDS LINK 0% 12 mo $75 fee bang! $5k | realloc to Sony |
CITI_________10_P_APPRVD__1000_Citi AT&T Universal Platinum 0 feebang! $4.5k | realloc biz=3.5
CITI_________11_P_APPRVD__0500_Citi UPromise 0 fee bang! $4.5k | realloc to Prof |
CITI_________12_P_DECLND_00000_Citi Home Rebate 0 fee ... reason here
CITI_________14_P_APPRVD_23500_CITI PROFESSIONAL LINK 12 MO 0% NO FEE bang! $1k|realloc $26/$4 from Div/UProm | realloc biz=7.5
DISC________15_P_APPRVD_01000_Discover Miles 50 fee Instant EX bureaubang! $8k | 8/10 realloc $7k to biz |
DISC________16_P_DECLND_00000_Discover More 50 fee
DISC________17_P_DECLND_00000_Discover Open Road === 50 fee
RBSKROGER_20_P_APPRVD_06500_LINK 0%12 mo $75 feebang! $6.5k |
NATLCITY____21_P_APPRVD_15000_LINK 0% 6 mo $0 BT FEEbang! $15k | soft req 8/6 (no dice)
CHSE_______23_P_APPRVD_00997_Chase Sony Card 75 feebang! $5k | realloc from Home then to Biz
INFIBANK____24_P_APPRVD_14000_PRINCIPAL LINK 0% 12 mo $75 feebang! $14k |
HSBC________25_P_APPRVD____600_GM Flex Earnings Card ... same line as rest of FW members!misfire! 2¢
07/30/2007
WAMU_______26_P_APPRVD_09000_App via relationship here...instantbang!$8k | CLI's=auto=NEVER ask
CITI_________**28_P_APPRVD_00000_CITI PREMIER PASS EliteLINK 12 mo 0% uncapped BT fee and $75 annual fee bang! $8.5k immed consolid to Citi Div |
PULASKI____**30_P_DECLND_XXXXX_Pulaski Bank Gold Visa® Card === 35/50 fee... did not apply until 8-2
WELLS__*******31_P_APPRVD_16500_Wells Fargo Platinum LINK ... did not apply until 8-6bang! $16.5k |
BUSINESS
AMX_________02_B_APPRVD_05000_AMX Starwood Pref Gst Biz LINKbang! 34k | soft req 8/6 | 8/12 cli no show
BOA_________05_B_DECLND_00000_Power Rewards Platinum Visa Business Credit Card LINK 0% 9 mo BT fee not found
JUN_________07_B_APPRVD_29000_BankAtlantic Rewards BizCard LINK 0% 15 mo $75 FEE bang! $20K | req realloc 8/6=29k
CHSE_______09_B_APPRVD_16500_Chase Biz Rebate LINK 0% 12 mo $75 feebang! $8k | realloc Sony=16.5
CITI_________13_B_APPRVD_28000_CITI BUSINESS CARD LINK 0% 12 mo $0 Feebang! 15k | realloc PROF,ATT,PPBiz=7.5,3.5,2.0
DISC________18_B_APPRVD_10500_DISCOVER BIZ LINK 0% 12 mo $75 feebang! $3.5k | realloc miles=10.5 | FIGHT
CAP1________19_B_DECLND_00000_24 Capital One Biz Platinum LINK 0% 12 mo Purch ONLY $0 fee.EQ bur
ELAN________22_B_APPRVD_10000_M&T Visa Biz Platinum LINK 0% 6 mo $0 feebang! $10k | see 8/6 appstat call | 8/10 cli req |
WAMU_______27_B_DECLND_00000_Washington Mutual Business Card 0% 6 mo
CITI________**??_B_APPRVD_02000_CITI PREMIER PASS 12 mo 0% uncapped BT fee and $75 annual fee bang! $4.0k | I also was mysteriously approved for this card (must have been a phone application which I had forgotten about). Realloc $2k to CitiBiz from PPBiz
ADVANTA___**29_B_DECLND_XXXXX_Advanta Business 0% 15 mos LINK... did not apply until 8-2
WELLS__******32_B_DECLND_00000_Wells Fargo Biz Platinum LINK... did not apply until 8-6
ADVANTA___**33_B_DECLND_00000_Advanta Business 0% 15 mos LINK... RE-APPLIED 8-8 following 8-2 decline

DID NOT APPLY
BOA_________XX_B_NO APP______0_Platinum Visa® Business Credit Card LINK 0% 9 mo 3% no cap
JUN__________XX_P_NO APP______0_USAirways Dividend MASTERCARD LINK 0% 6 mo $100 fee
WAMU_______XX_P_NO APP______0_ESPN Total Access™ Visa® Card LINK 0% 6 mo no fee if w/in 90 days of opening
NATLCITY_____XX_B_NO APP______0_LINK 0% 6 mo UNKNOWN BT FEE. This card required a business checking account to be opened with Natl City. I tried and was advised not available in my state.
TOTALS 8/30 = PERSONAL 21 apps/17 open $158.7K ....................................BUSINESS 13 apps/7 open $101.0K

Message edited by: jackcrawfish on 2008-06-19 21:49:30 CDT
   posted: Jul. 20, 2007 @ 9:10a

Summary also located here

FAKO's
TU=769 EX=763 EQ=768 (begin)
TU=686 EX=663 EQ=657 (low) ...-83...-100...-111
TU=771 EX=737 EQ=760 (end) ...+??...+??...+??

    apps | approvals | denials | lines | balance

pers old : na | na | na | 031,000 | 000,000
pers new: 21 | 17 | 04 | 158,700 | 092,490
business: 13 | 07 | 06 | 101,000 | 090,600

TOTAL>>: 34 | 25 | 09 | 290,700 | 183,090

How did I get the cash?......How long did it take?
PRINCIPAL 1-877-875-8078 LINE=14,000 BT$=9600 Util%=69%
________ = 08/05 Req $9,600 to CITI Div Plat Select
________ = 08/14 Pmt post (7 biz days)
________ = 08/15 Req refund 1:50 AM CST
________ = 08/23 Ref rec'd and Mailed to FNBO (7 biz days)
________ = 08/27 $9,600 posted at FNBO (4 mail days)
BOA 1-800-732-9194 LINE=20,000 BT$=15,500 Util=78%
________ = 08/06 Req $17,000 to checking
________ = 08/13 Hit Chkng (5 biz days)
________ = 08/13 Online Xfer to FNBO
________ = 08/15 $17,000 Posted to FNBO (3 biz days)
________ = 08/15 BT $12,750 hits from NATLCITY
________ = 08/15 Req $15,500 to checking (4 biz days)
________ = 08/20 Rec'd in Checking AND Online Xfer to FNBO
________ = 08/23 $15,500 Posted to FNBO (4 biz days)
________ = 08/25 BT $4,250 hits from M&T (10 biz days)
WELLS 1-800-642-4720 LINE=16,500 BT$=9,000 Util=55%
________ = 08/11 Req ACH $14,685 to checking
________ = 08/17 $9,235 BT hits from Disc Bz
________ = 08/18 Called to Req ACH $9,235 to checking.
________ = 08/22 BOTH ACH's hit checking (3 biz days); Inititate $23,860 Xfer to FNBO
________ = 08/25 BT $5,450 hits from M&T (10 biz days)
________ = 08/27 $23,860 Disc & Wells BT posts at FNBO (4 biz days)
M&T ONLINE LINE=10,000 BT$=9,700 Util=97%
________ = 08/12 Req 5,450 & 4,250 BT from Wells and BOA (see ACH's above)
________ = 08/25 $5,450 & $4,250 post to Wells and BOA (10 biz days)
NATLCITY 1-800-282-7541 LINE=15,000 BT$=12,750 Util=85%
________ = 08/12 Req $12,750 BT from BOA
________ = 08/17 $12,750 BT Pmt Posts at BOA (5th biz day)
DISCOVER 1-888-347-2683 LINE=10,500 BT$=9,235 Util=89%
________ = 08/12 Req $9,235 BT from Wells
________ = 08/17 $9,235 BT Pmt Posts at Wells (3rd biz day)
CITI PROF ONLINE LINE=23,500 BT$=20,000 Util=85%
________ = 08/12 Req $20,000 Check to home address
________ = 08/18 $20,000 Chk Rec'd (6 mail days)
________ = 08/20 Mailed $20,000 to FNBO
________ = 08/22 Posted $20,000 FNBO (4 mail days)
CITI BIZ ONLINE LINE=28,000 BT$=27,160 Util=97%
________ = 08/21 Req $27,160 Check to home address
________ = 08/27 Chk Rec'd (6 mail days)
________ = 08/28 Mailed to FNBO
________ = 08/31 Posted FNBO (4 mail days)
IN:CHIC 1-877-297-6387 LINE=64,100 BT$=25,640 Util%=40%
________ = 08/05 Req BT Checks
________ = 08/13 Chk Rec'd (7 mail days)
________ = 08/13 Check to spouse mailed to her new HSBC ckng
________ = 08/21 $25,640 Deposit rec'd in Spouse's acct (8 mail days)
________ = 08/29 $25,640 Xfer initiated to joint checking (7 biz day hold time)
________ = 08/29 $25,640 Xfer posts to joint acct then Xfer to my acct from joint
________ = 08/29 $25,640 Xfer initiated to FNBO from my acct
________ = 09/04 $25,640 Posted to FNBO (4 biz days)
BANKATLANTIC ONLINE LINE=29,000 BT$=28,500 Util=99%
________ = 08/14 Req $20,000 BT new UPROMISE AND $8,500 new ATT Universal
________ = 08/21 BT pmts posted to Citi card accounts. Refund chks requested.
________ = 09/04 $8,500 rec'd & then Mailed to FNBO (10 biz days)
________ = 09/06 $8,500 Posted to FNBO (3 mail days)
________ = 09/08 $20,000 rec'd & then Mailed to FNBO (13 biz days!)
________ = 09/11 $20,000 Posted to FNBO (3 mail days)
CHASE LINE=16,500 BT$=16,005 Util=97%
________ = 08/17 Card rec'd and chk mailed to FNBO for $16,005
________ = 08/20 $16,005 Posted to FNBO (3 mail days)

Message edited by: jackcrawfish on 2008-06-09 14:43:43 CDT
rated:
   posted: Jul. 20, 2007 @ 9:37a
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Your info looks very solid and you should have good results as long as you do your research first. If you have any questions you can't find, you can PM me if you wish. Good luck!

rated:
   posted: Jul. 20, 2007 @ 12:58p
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OP, you should also post what cards you are applying for. Without any info, this thread seems more like a your financial FAQ than an AOR.

rated:
   posted: Jul. 20, 2007 @ 1:02p
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Yeah, unless you're about to get a car loan or refi, your circumstance is appropriate for an AOR.

Now tell us what the plan is and we can tell you what's wrong with it.

rated:
   posted: Jul. 20, 2007 @ 1:49p
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AOR to commence in less than 2 weeks. I'll post my cards later tonight. I added a few to begin with... chime in on those if you like...

Message edited by: jackcrawfish on 2007-07-20 16:38:41 CDT
rated:
   posted: Jul. 20, 2007 @ 8:32p
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I would go with 1 discovercard.
Not likely to get all of them.
Drop one of the citi personal but keep the att card in the mix.
I would switch one out for the professional

rated:
   posted: Jul. 22, 2007 @ 1:53a
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From a 1st glance it does not look diversified enough. (Currently see 4 Citi, 4 Discover, 2 BOA, Chase, Pulaski.)

You may not get much more from Citibank w/ your Citi 31K CL. And it appears that Citi doesn't like to realloc to 0% BT cards. I would try for Citi Home Rebate for 3 reasons 1) 6% rebate paid to mortgage in 1st year, 2) another BT transfer point (w/ easy online check request) 3) global utilization reduction.

Too many Discovers. From other posts, they are stingy on # of cards and initial CL.

And the big thing now are Business cards for longer 0% BT (up to 15 months) and to hide utilization.

rated:
   posted: Jul. 23, 2007 @ 8:40a
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Thanks for the input. I do not have a business (I haven't even sold anything on e-bay) so I hesitate in applying for business/professional cards.

rated:
   posted: Jul. 23, 2007 @ 8:52a
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jackcrawfish said:Thanks for the input. I do not have a business (I haven't even sold anything on e-bay) so I hesitate in applying for business/professional cards.Ok, I'm posting my standard response to the "I don't feel comfortable with business cards answer:

If you do not have a business, and want to apply for business cards for 0% promos for personal use, just put Sole Propritership and your name as the business title, then use your SSN as the TIN. This is perfectly legal option (you can even ask the reps if you dont' believe me).

You are also the owner of a sole prop, so you have authorization to make transactions and get credit. As long as you have ever sold anything (ie books, electronics, especially anything online (eBay/Amazon) that could be verified, or mowed someone's lawn and gotten paid for it) you are indeed a sole prop. There is no filing with the state needed for a sole prop, and for tax purposes, your TIN is your SSN.

I DO NOT RECOMMEND using your day job randomly as the business name unless you are an authorized officer to make transactions on behalf of your buinsess. Regardless, you should not be using your day job business as a basis for your personal 0% money either way. This is fraud and could land you in serious trouble with the credit card company and your job and the government.

Also, just put $0 revenue and 0 years in business if this is the truth (There is no problem with getting credit for a start up company). I have done this with applications before and received 9 of 9 business credit card approvals with business credit lines totaling over 120k. They care more about your personal score/report than your business revenue. GO FOR IT!

To summarize:

Business type: Sole Prop.
Business name: Your exact name here
Tax Identification Number: Your social security number here.

**Do not lie about your revenue/business income if asked (never lie about anything). Be honest, it doesn't mean you will get rejected. It could just mean you are a startup to the credit company.

Message edited by: MikeR397 on 2007-07-23 08:54:51 CDT
rated:
   posted: Jul. 24, 2007 @ 2:34p
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Thanks to MikeR397 for his business card encouragement. Thanks also to thisguy for his MAJOR recent app-o-rama. I have learned much. As for diversifying, telflonmail, I'm adding some business cards and diversifying as well (see revised planned apps to enter next week).

rated:
   posted: Jul. 24, 2007 @ 4:03p
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Re: That Capital One Business card link. You're not the first to note a 12 mo 0% BT offer from them, yet every link I follow (and search for) only shows 0% on purchases, BT is normal rate. May want to double-check that.

rated:
   posted: Jul. 24, 2007 @ 4:26p
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You are correct. Thank you for catching the error. It's 12 months 0 % for PURCHASES... OP modified accordingly/

rated:
   posted: Jul. 24, 2007 @ 8:06p
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Great job and excellent post.

Message edited by: duna on 2007-07-24 20:09:40 CDT
rated:
   posted: Jul. 24, 2007 @ 8:48p
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Just an FYI on the BofA Power Rewards biz card, some people are saying there's no fee on the BT, while others are saying it's the standard 3% uncapped. I did a chat with a BofA small biz "consultant" before applying and she said there was no BT fee (I know - can't always trust the reps). Wife was approved today for 20K - I'll update when we get the card and I can see the actual terms.

rated:
   posted: Jul. 29, 2007 @ 8:11a
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I received 3 instant decisions so far. 10 minutes following AOR...

my FAKO scores are now TU=766 EX=757 EQ=749.
my FAKO scores b4 AOR. TU=769 EX=763 EQ=768.

Inquiries mostly hit EQ... TU=3 EX=5 EQ=16
INQ before AOR .............. TU=1 EX=2 EQ=7

I'll update my OP soon. what fun.....

Message edited by: jackcrawfish on 2007-07-29 22:01:08 CDT
rated:
   posted: Jul. 29, 2007 @ 9:08a
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cant wait to see results

rated:
   posted: Jul. 29, 2007 @ 9:21a
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I am interested in your business card application results. Even though I did my First AOR last may but now after seeing MikeR397 encouraging everyone to apply for business cards, I am really inclined to fire few business applications later this month. Though I have sold few items on CL and eBay over the time so I guess I am a legitimate Seller (Sole Prop.)

rated:
   posted: Jul. 29, 2007 @ 10:33p
alert mods    

The three instants you got were all good approvals (especially the all-important zero-fee BofA card). I wouldn't trip too much about there being only three of them, instants are the exception no the norm.

Capone gave you an instant-denial? That's harsh. For a bank that pulls from all three credit bureaus, they shouldn't be so picky about too many inquiries.

You applied for all three Discover cards at once? that might be a little too hardcore for them. But then again, guys like AMEX Chase and Citibank will approve some folks for 4 or 5. If you do get approved for multiple, I recommend consolidating into one giant card, both to reduce BT fees, and to (probably) reduce the negative impact on your credit scores.

Also, good call on saving the HSBC/GM card as the very very last application.