posted: Jul. 27, 2007 @ 12:03p

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OK, I'm in. After many delays, I finally quit waiting for the perfect Tuesday morning to AOR, so I did it on a Friday afternoon (7/20) I started during business hours, but wound up finishing after (probably 4-7 pm). I wanted to take things moderately, so I didn't apply for thousands of cards. I also didn't request a BT with any of the applications. I wanted to see how things shook out. I stuck to all personal cards this time because I haven't really squared the business cards with no business legality. I'm pretty sure nothing would ever come of it even if it weren't kosher. But I also figure that, since I'm putting my toe in the water this time, I can stick to personal lines to get in the door with most issuers.

HHI is $140k

Pre-AOR (after CLI and time to report)
---------------
BoA UGA Platinum MC - $48k limit - 0% util - established in 1997
Chase BP Visa - $11.5k limit - 15% util (everyday spender) - established in 2001

AOR
----------------
AMEX In Chicago - instant approval (Exp) - $16.9k - 0% for 6 months, no fee - (I immediately increased the CL to $24.5k)
HSBC Platinum MC with Cash Back - instant approval (Exp) - $600 - 0% for 12 months, $99 fee
Barclays National Park Foundation Visa - instant approval (TU) - $10k - 0% for 12 months, $50 fee
Barclays USAirways World MC - instant approval (TU) - $12.5k - 0% for 6 months, $100 fee (I need a $10k BT to get 10k miles, so I won't consolidate with the NPF Visa, although maybe I should)
Wamu/Providian ESPN Total Access Visa - instant approval (TU) - $2k - 0% for 6 months, no fee
Citi Professional card w/ TY Network - instant approval (Eq) - $15k - 0% for 12 months, no fee
(I tried to apply for another Citi card right after this one, but it wouldn't let me. I think it was a web site snafu rather than intentional)
Cap One No Hassle Miles Rewards - instant approval (all 3) - $30k - 14% BT APR, but no fee - I got it for BT laundering
Discover Miles - deferred approval (Exp) - $20k - 0% for 12 months, $75 fee - 12k miles with a monthly purchase - (the rep called to verify info and offered a $25k CL if I would fax documentation for income, but I passed)
BoA Platinum Plus MC - deferred approval (Exp) - $5k - 0% for 12 months, no fee (I reallocated $47k from the UGA card above to make this a $52k card. Then I BT'd $25,480 (49%) direct to my checking.)
Chase Platinum MC - deferred approval (Eq) - $6k - 0% for 12 months, $75 fee
Principal Visa - deferred approval (Eq) - $15k - 0% for 12 months, $75 fee
National City Visa - deferred approval (TU) - $12.5k - 0% for 6 months, no fee

Pre-AOR CL - $59.5k
New CL - $153.1k
Total CL - $212.6k

Now, a week later, all the apps have pulled credit, but I haven't received all the cards in the mail. Should I wait until I get all my cards/decisions to start my BT/reallocation plans? Or should I BT as I receive the cards? Nevermind, I figured these guys probably won't pull another CR, so I'm moving forward when I get the cards.
TIA

   posted: Jul. 27, 2007 @ 12:21p

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nobody cares

   posted: Jul. 27, 2007 @ 1:27p

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OP, from what I have seen, it looks like you've got a lot more potential here than what you are taking advantage of. For citi alone, you can have 5 cards at once! (two personal, the professional, two business). Here are two references of high goals you can shoot for: example 1 and example 2

Of course, you don't have to do any more. However, you've come this far, and you are indeed a member of FWF, so I can only assume you like free money

O ya, and...

BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDS

   posted: Jul. 27, 2007 @ 1:46p

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barefool said:MikeR397 said:OP, from what I have seen, it looks like you've got a lot more potential here than what you are taking advantage of. For citi alone, you can have 5 cards at once! (two personal, the professional, two business). Here are two references of high goals you can shoot for: example 1 and example 2

Of course, you don't have to do any more. However, you've come this far, and you are indeed a member of FWF, so I can only assume you like free money

O ya, and...

BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDSThis is my first AOR, so my main goal was to get my feet wet and get a presence with all the major issuers for future reallocation/consolidation. Assuming I don't crash and burn here, my second AOR, and my wife's AOR is where I'll go whole hog for a drawer full of cards and millions in limits.

Sorry, but I'm a look six times before you kind of half-assed leap kind of guy. Have patience.Haha, no problem. Just giving you a headsup in case you were interested. Good luck with what you have already done.

   posted: Jul. 27, 2007 @ 2:14p

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lebice said:Same here, my 1st AOR last year was just a test drive, only 5 personal cards. After I'm more confortable with it, I did a larger AOR for my fiancee. I'm about to launch my 2nd AOR, which will have 20ish business cards and 20ish personal cards.

that's EXACTLY what i did. used my credit as the first AOR punching bag, then improved my tactics on the wife-o-rama. good luck, OP. keep us posted on your results.

oh yeah, and don't forget to tell us your vitals (HHI and age of lines).

EDIT: nevermind, you did. thanks!

   posted: Jul. 27, 2007 @ 3:08p

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you sir, are a young whippersnapper daredevil. some of us old folks have to get our brains warmed up before we try some newfangled arbitrage strategy.

   posted: Jul. 28, 2007 @ 1:53a

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barefool said:MikeR397 said:OP, from what I have seen, it looks like you've got a lot more potential here than what you are taking advantage of. For citi alone, you can have 5 cards at once! (two personal, the professional, two business). Here are two references of high goals you can shoot for: example 1 and example 2

Of course, you don't have to do any more. However, you've come this far, and you are indeed a member of FWF, so I can only assume you like free money

O ya, and...

BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDS, BUSINESS CARDSThis is my first AOR, so my main goal was to get my feet wet and get a presence with all the major issuers for future reallocation/consolidation. Assuming I don't crash and burn here, my second AOR, and my wife's AOR is where I'll go whole hog for a drawer full of cards and millions in limits.

Sorry, but I'm a look six times before you kind of half-assed leap kind of guy. Have patience.

Love it barefool. funny. conservative. good luck.

   posted: Jul. 28, 2007 @ 12:23p

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Seeing all the tactics FWF members are using: start with own AOR to learn, then launch a wife-o-rama, I am very tempted to start new threads with titles such as these:

- "Acquiring multiple wifes (husbands) legally - how? Tips and techniques appreciated",
- "Need data-points from spousal AOR to do an ROI analysis of acquiring multiple spouses",
- etc.

J/K

   posted: Jul. 28, 2007 @ 1:10p

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lhendricks92 said:ChumChurum said:Seeing all the tactics FWF members are using: start with own AOR to learn, then launch a wife-o-rama, I am very tempted to start new threads with titles such as these:

- "Acquiring multiple wifes (husbands) legally - how? Tips and techniques appreciated",
- "Need data-points from spousal AOR to do an ROI analysis of acquiring multiple spouses",
- etc.

J/K

Or you could take it up a notch and do the MikeR397-style fam-o-rama. What's the ROI on adopting 16 year old kids for AOR purposes? There's still a little time before the FICO models change to ignore AU status.I'm really quite disappointed my parents stopped at only 2 kids. Can you imagine the potential that this family has?

   posted: Jul. 28, 2007 @ 9:30p

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thank you for the clarification, much obliged