I assumme you're closing and then re-applying Bank Atlantic Biz so you can get the intro APR again, is this right?Yes. per OP:I will be closing my existing Barclays BankAtlantic Business card very soon.Do you foresee any potential adverse effects with this strategy ? e.g: maybe drop in credit score due to account closureApparently, as long as the balance is $0 when closing, this particular business account will NOT report to any bureau; NO EXPECTED ADVERSE EFFECTS.or Bank Atlantic might see that you've just closed an account and thus deny you from opening a new one?time will tell...

Bank Atlantic CLI related: Online CLI = Hard pull
Bank Atlantic CLI related (Win333): freeze TU / EX - Barclays pulled EQ

What's the thought process behind considering the unsolicited WAMU ESPN card? I noticed your wife received a very low CL and, other than 2ndCor, I haven't seen anyone receive anything much over a ~$2k CL. Add the points that CLR isn't likely and the term is only 6 months, and I'm wondering if it's worth it.

BTW, I tried your link for that card and it came back with "The offer you selected is no longer available."Thanks for the heads up on the link. I loved your delivery ("what's the thought process" aka "what are you thinking!?"

True - my wife only got 2k. I was hoping to consolidate my 9k WAMU card to the ESPN before you ruined my fun

Seriously I can't believe I didn't pay attention to the reallocation thread. I guess I'll be a 2008 data point for WAMU reallocation (especially since they pull TU in my area - ok they pulled TU for my wife).

We'll see how it goes... thanks for the interest... I'll look for another link to the offer...

Jackcrawfish:

I am curious to see your results in regards to closing Bank Atlantic then reapplying.

When do you plan on doing this? As I will be watching your results very closely to prepare for my October AOR2.0.

DjPiLL said:Jackcrawfish:

I am curious to see your results in regards to closing Bank Atlantic then reapplying.

When do you plan on doing this? As I will be watching your results very closely to prepare for my October AOR2.0. Thanks for your interest... I hope I can be a sucessful data point for all of you current Barclay's Business card holders. Fortunately for the current Bank Atlantic cardholders planning an October, November or December AOR, you will be able to close and open a second Bank Atlantic card (see 3rd section below for details).

PAYMENT DETAILS
I logged in this morning and made a $10k payment from one of my linked checking accounts. The balance after first payment = $15,057. I "phone-paid" free of charge the remaining balance using Citi checking. I wanted to ZERO my balance in the slim chance closing the business card with a balance would somehow flip a "report-to-bureau-switch" (that's what one CSR told me on 8/8/2008).

CLOSURE NOTE:
Immediately after closing, my online session was terminated and online payments are not an option after closure. I called to make payment using my Citi checking account. Rep told me it costs $15 to make pmt with rep and free via the voice response unit for the company account. Furthermore, said that the maximum payment amount per day is $15,000 in total. I hung up called again to make said VRU payment...(make sure to specify that you'd like information for the company account, otherwise the limit per day is $500).

REOPEN NOTE:
While the rep from 8/8/2008 told me I could re-apply 2-4 weeks after closing my account, the news seemed too good to be true... The rep I spoke with this morning advised me I cannot open ANY Barclay's Business accounts under same SSN# within 60 days of today's closure date.. This makes my Bank Atlantic application date 10/11/2008 (10/12 just to be safe).

So what should I do? What does the community think? Should I delay this full AOR until Oct 12th or pull trigger about Sept 1st as planned?

DjPiLL said:Also with experian frozen, were there any banks or issuers that denied you because of this?

I would love to freeze my Experian since i already have 12 inquiries.

ETA: I see BOA likes to use EX so I guess I will have to unfreeze EX. But when you do you un freeze EX in the AOR process?As you pointed out, BOA denies for lack of credit report access. So does AMEX and Wells Fargo. My wife's experience follows for reference.

ISSUER                Term  Rate Fee Apply A/D Limit Bureau NOTE  
 AMEX/BLUE             99    5%  99  Link   D  00000   EX   Due to the freeze you placed on your credit file, we were
                                                            unable to obtain sufficient credit information to process
                                                            your application
 
 AMEX CLEAR            ............  Link   D  00000   EX   Due to the freeze you placed on your credit file, we were
                                                            unable to obtain sufficient credit information to process
                                                            your application
 
 AMEX HILTON           ............  Link   D  00000   EX   Due to the freeze you placed on your credit file, we were
                                                            unable to obtain sufficient credit information to process
                                                            your application
 
 BOA PlatPlus          12    0%   0  Link   D  00000   EX   unable to obtain credit report
 
 BOA NEA Card          12    0%  30  Link   D  00000   EX   unable to obtain credit report
 
 Wells Fargo            9    0%  75  LgdIn  D  00000   EX   We obtained a report which contained a "security freeze."
                                                            We are unable to contimue processing your application

As for your timing question to unfreeze??? I am of the opinion that unfreezing 5 days following an AOR is a good rule of thumb. My thinking is that most apps have completed their reviews of TU, EQ and EX(frozen). You want to be able to provide the likes of BOA, American Express and Wells Fargo a clean Experian file with no new tradelines resulting from your 5 day old AOR**

**One lesson I've learned from placing a freeze at Experian: To provide AMEX, BOA and/or Wells Fargo rights to view your credit file, you must provide your pin number to them. NOTE: Place your freeze on Experian at least 2 weeks before you commence AOR. While the freeze takes effect immediately at Experian, receiving your pin takes 2 weeks according to bureau-bodacious Win333.

Our family freeze experience mirrors that of Win333's... our freeze was placed 7/29/2008 and through 8/11/2008 we both had not received our pin numbers (key to unlock credit file). We tried to get our pin sooner by clicking "forgot my pin." Results here in theman's thread.

Win333's frozen AOR thread
Eugene in Oct 2007

jackcrawfish said:
REOPEN NOTE:
While the rep from 8/8/2008 told me I could re-apply 2-4 weeks after closing my account, the news seemed too good to be true... The rep I spoke with this morning advised me I cannot open ANY Barclay's Business accounts under same SSN# within 60 days of today's closure date.. This makes my Bank Atlantic application date 10/11/2008 (10/12 just to be safe).

So what should I do? What does the community think? Should I delay this full AOR until Oct 12th or pull trigger about Sept 1st as planned?

Are you sure you're only allowed one Barclays Biz card? Why not try for that generic Barclays biz 12 month offer that popped up recently and reallocate from Bank ATL?

lhendricks92 said:jackcrawfish said:REOPEN NOTE:
While the rep from 8/8/2008 told me I could re-apply 2-4 weeks after closing my account, the news seemed too good to be true... The rep I spoke with this morning advised me I cannot open ANY Barclay's Business accounts under same SSN# within 60 days of today's closure date.. This makes my Bank Atlantic application date 10/11/2008 (10/12 just to be safe).

So what should I do? What does the community think? Should I delay this full AOR until Oct 12th or pull trigger about Sept 1st as planned?Are you sure you're only allowed one Barclays Biz card? Why not try for that generic Barclays biz 12 month offer that popped up recently and reallocate from Bank ATL?GREAT question. I failed to mention my Juniper 13 month discussion I had with the rep:

I asked her if this 60-day rule applied to ALL Barclays offers (personal and/or business). She respnonded without my specifically mentioning it, "It applies to all business cards...for example, there is a new 13 month Juniper business card available to new cardmembers - an application by you for this card would be denied if you apply before 60 days has passed"

DjPiLL said:So wouldn't paying down then applying for the Juniper Biz card (and reallocating Bank Atlantic ---> Juniper Biz) be the best move here?I failed to post that they only allow one ACTIVE business card per SSN. So to answer your question:

No, reallocation is not an option.

I don't doubt anyone's veracity (other than the CSR) but SecondCor521 reports having 2 Bank Atlantic cards here: Text (I gotta hold out some hope)

There is no discussion of them being obtained under multiple SSN

TyroneSchulace said:...I was told by CSR I could have 4 cards, one for each business.I closed my original Bank Atlantic card this morning so others' datapoints are welcome in this thread as to the #of Barclays's business cards one SSN can have... Anyone? anyone? Does anyone have 2 Barclay's business cards open and active?