Mini App-O-Rama

[Cubswin]

I did my first mini App-O-Rama this morning and thought I’d share my experience with you all. The purpose of this App-O-Rama was to whore sign-up rewards (to help pay for my honeymoon) and to increase total available credit for future 0% balance transfer arbitrage opportunities. I just signed a lease on a town home and won't be buying a car or house anytime soon so I decided to take a short term hit on my FICO. Here is a run down of the App-O-Rama:

Existing Cards: (card name, limit, balance, age of account)
Starwood Preferred Guest AMEX, $19,000 limit, $1,200 balance, 1 year
Capitol One No Hassle $5,000 limit, $0 balance, 9 years
Chase Flexible Rewards $5,800 limit, $0 balance, 2 years
United Mileage Plus (Chase), $10,000 limit, $100 balance, 1 year
Bank of America, $5,000 limit, $0 balance, 4 years
Citi AAdvantage, $9,700 limit, $0 balance, 1 year
Carsons, $800 limit, $0 balance, 6 years
Dell $1,500 limit, $0 balance, 3 years
Banana Republic, $750, 4 years

Authorized User on the following accounts:
Chase Flexible Rewards, ? limit, $0 balance, 13 years
Capitol One no Hassle, ? limit, $0 balance, 6 years

Student Loan Balance: ~$13,000

Total Revolving Credit Line: $57,550+

Beginning credit Score: 729 Equifax

Hard Inquiries Last 12 Months:
July 2007 – Apartment Rental
April 2007 – Bank of America
October 2006 – Chase

Personal Cards Applied For:

NWA Airlines Visa, USA Bank
22K Miles + 5K Miles for $500 Spending the first 2 months, No Annual Fee First Year
800-360-2900 ext 32106 *** Have your World Perks number available***
Link
Approval Status: Pending

Citi Select/AAdvantage AMEX
20K Miles for $750 spent first 4 months + 10K Miles for $10,000 spent in first year.
No Annual Fee First Year
Link
Approval Status: APPROVED! $7,000 limit


Business Cards Applied For:

United Mileage Business (Chase)
25K Bonus Miles, No Annual Fee First Year
Link
Approval Status: Pending

CitiBusiness/AAvantage AMEX
20K Miles for $750 spent first 4 months + 10K Miles for $10,000 spent in first year
No Annual Fee First Year
Link
Approval Status: APPROVED!, $4,000 limit

Starwood Preferred Guest Business AMEX
10K SPG Points, No Annual Fee First Year
Link
Approval Status: APPROVED!, limit pending

AMEX Gold Business
25K Membership Rewards Points + $100 Tiger Direct Gift Card, No Annual Fee First Year
Link
Approval Status: APPROVED!, limit pending

Discussion about applying for business cards

How I applied for the business cards:
Business Type: Sole Proprietorship
Business Name: My Name Here
Years in Business: 0
Revenue: $0

To sum up: 4 out of 6 cards were instantly approved (1 or 2 personal cards and 3 of 4 business cards). If all goes as planned, I'll have a crap load of miles, 10K SPG points and a $100 Tiget Direct gift card. I’ll report back once I hear more.