Author Topic: Looking to do two 3bms?  (Read 3662 times)

Offline DavidM

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Looking to do two 3bms?
« on: December 28, 2011, 11:23:22 PM »
Is there anything to be concerned about doing two 3bms.  i would have 1 Chase and 1 AMEX per browser (2 seperate tabs)
Here is what I am looking to sign up for.  I basically want to cash in on points.  If I can't downgrade AMEX Plat and Gold down to low fee/fee free card or get retention bonus, I would cancel them at end of year.
3bm #1
AMEX Starwood Preferred Guest
AMEX Platinum
AMEX Gold

3bm #2
Chase Sapphire Preferred
Chase INK Bold
What's a good 3rd Chase card? I already have Freedom?

Thanks

Offline Dan

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Re: Looking to do two 3bms?
« Reply #1 on: December 28, 2011, 11:26:31 PM »
CO/UA?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline DavidM

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Re: Looking to do two 3bms?
« Reply #2 on: December 28, 2011, 11:29:49 PM »
CO/UA?
I don't fly much so whatever you recommend is fine with me.  Is there a criteria to consider?

Offline elikay

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Re: Looking to do two 3bms?
« Reply #3 on: December 28, 2011, 11:32:15 PM »
Hyatt?

Offline elikay

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Re: Looking to do two 3bms?
« Reply #4 on: December 28, 2011, 11:33:05 PM »
Just keep in mind that the minimum spends can quickly add up.

Offline DavidM

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Re: Looking to do two 3bms?
« Reply #5 on: December 28, 2011, 11:33:57 PM »
Just keep in mind that the minimum spends can quickly add up.
I am married :)

Offline Saver2000

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Re: Looking to do two 3bms?
« Reply #6 on: December 28, 2011, 11:35:50 PM »
Is there anything to be concerned about doing two 3bms. i would have 1 Chase and 1 AMEX per browser (2 seperate tabs)
Here is what I am looking to sign up for.  I basically want to cash in on points.  If I can't downgrade AMEX Plat and Gold down to low fee/fee free card or get retention bonus, I would cancel them at end of year.

Thanks

Why do u need to do all 6 at once?

Offline DavidM

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Re: Looking to do two 3bms?
« Reply #7 on: December 28, 2011, 11:38:45 PM »
Why do u need to do all 6 at once?
no real need to. Just trying to bite off more than I can chew :)
I may do them seperately if I don't think I can pull off the spending limits

Offline Saver2000

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Re: Looking to do two 3bms?
« Reply #8 on: December 28, 2011, 11:39:49 PM »
Is there anything to be concerned about doing two 3bms.  i would have 1 Chase and 1 AMEX per browser (2 seperate tabs)

3bm #2
Chase Sapphire Preferred
Chase INK Bold
What's a good 3rd Chase card? I already have Freedom?

Thanks

AFAIK Applying for a business card will cause  a 2nd pull.

Offline DavidM

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Re: Looking to do two 3bms?
« Reply #9 on: December 28, 2011, 11:42:13 PM »
AFAIK Applying for a business card will cause  a 2nd pull.
Ok. What other chase cards would you recommend?
Thanks

Offline Saver2000

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Re: Looking to do two 3bms?
« Reply #10 on: December 28, 2011, 11:50:31 PM »
I may do them seperately if I don't think I can pull off the spending limits

I don't think u understand how a 3bm works.
1) You need to apply for 3 cards from the same bank at the time
2) If u plan on doing a 3bm with more than one bank/FI, its best to do it on the same day as the other 3bm. The reason for that is bec it takes some time for the inquiry from the first 3bm to show up on your report.  So if u do it the same day the 2nd bank won't see the inquiry from the first bank.

Hope this helps.

Offline DavidM

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Re: Looking to do two 3bms?
« Reply #11 on: December 29, 2011, 12:05:40 AM »
I don't think u understand how a 3bm works.
1) You need to apply for 3 cards from the same bank at the time
2) If u plan on doing a 3bm with more than one bank/FI, its best to do it on the same day as the other 3bm. The reason for that is bec it takes some time for the inquiry from the first 3bm to show up on your report.  So if u do it the same day the 2nd bank won't see the inquiry from the first bank.

Hope this helps.
ok. So I would do the 3 Amex first and then later I can do the 3 chase?

Offline mguy

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Re: Looking to do two 3bms?
« Reply #12 on: December 29, 2011, 12:33:24 AM »
ok. So I would do the 3 Amex first and then later I can do the 3 chase?
Yes - on the same day or so, as explained above.

The Hyatt and CO/UA that were both suggested above are personal cards, so together with Sapphire would be a nice trio and still hopefully only one credit report pull. 

Offline juda

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Re: Looking to do two 3bms?
« Reply #13 on: December 29, 2011, 10:06:25 AM »
Why is business a saprate pull isn't a Ssn # needed it should be considered like a reg personal card . No?

Offline leeboy

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Re: Looking to do two 3bms?
« Reply #14 on: January 01, 2012, 08:38:50 PM »
Just did 2 3bm at one shot, chase ink, southwest biz, CO all got pending and citi AA, Premier, Preferred and also pending
Am I screwed or what? any ideas?

Offline jimmy1

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Re: Looking to do two 3bms?
« Reply #15 on: January 01, 2012, 09:01:36 PM »
if i  recently got the chase southwest personal and got the 50k points, can i  now apply for the chase southwest business and still get the 50k points?

or it is limited to one  bonus points on SW card?

Offline AJK

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Re: Looking to do two 3bms?
« Reply #16 on: January 01, 2012, 09:06:50 PM »
if i  recently got the chase southwest personal and got the 50k points, can i  now apply for the chase southwest business and still get the 50k points?

or it is limited to one  bonus points on SW card?

YMMV, people have done it successfully and people have gotten shot down (or been told it won't work).

If you're approved for the card, you'll likely get the 50k.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Offline jimmy1

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Re: Looking to do two 3bms?
« Reply #17 on: January 01, 2012, 09:10:37 PM »
YMMV, people have done it successfully and people have gotten shot down (or been told it won't work).

If you're approved for the card, you'll likely get the 50k.

i haven't yet applied for the SW business card. so you are saying some have gotten and some haven't gotten the sw business bonus?

Offline AJK

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Re: Looking to do two 3bms?
« Reply #18 on: January 01, 2012, 09:19:02 PM »
i haven't yet applied for the SW business card. so you are saying some have gotten and some haven't gotten the sw business bonus?

AFAIK the people who get approved for the card get the bonus.
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Offline leeboy

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Re: Looking to do two 3bms?
« Reply #19 on: January 02, 2012, 03:25:13 PM »
Just did 2 3bm at one shot, chase ink, southwest biz, CO all got pending and citi AA, Premier, Preferred and also pending
Am I screwed or what? any ideas?

approved for the 2 chase biz, we'll see what happens to the rest