Author Topic: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig  (Read 109586 times)

letired

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #350 on: January 26, 2017, 11:38:41 AM »
Another option for automated payments would be to automate charitable giving. I have a monthly recurring $5 donation to the local public radio station, but most charities love to have recurring gifts because they allow for better planning and budgeting. If there's any charity that you plan on giving more than $60/year, consider this option.

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ketchup

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #351 on: January 26, 2017, 12:00:15 PM »
Been considering looking into this for a while now.

I have three eligible cards (Barclays, Discover, and Citi), all 3-4 years old.  However, they have fairly low limits (highest is 3k) so they wouldn't work for this as-is.  My income (about triple) and credit (had no real history before, now I have a mortgage and a FICO of ~710) have improved with time, so should I pretty much be a shoe-in for credit line increases?  Any particular order or strategy to trying this?  Should I do only one at a time?  (Am I overthinking this?)

Pizzabrewer

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #352 on: January 26, 2017, 12:11:12 PM »
Been considering looking into this for a while now.

I have three eligible cards (Barclays, Discover, and Citi), all 3-4 years old.  However, they have fairly low limits (highest is 3k) so they wouldn't work for this as-is.  My income (about triple) and credit (had no real history before, now I have a mortgage and a FICO of ~710) have improved with time, so should I pretty much be a shoe-in for credit line increases?  Any particular order or strategy to trying this?  Should I do only one at a time?  (Am I overthinking this?)

In my (very limited) experience, they won't bump you up that much at once.  I had a $5000 credit limit with a PNC credit card, requested $12,000, they gave me $7500 citing my lack of experience with such high limits.

Then I just applied for a Discover card and they gave me $12,500.


Pizzabrewer

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #353 on: January 26, 2017, 12:14:01 PM »
...but it certainly doesn't hurt to ask.  I'm pretty sure though that, once you make the request, it is 6 months before they'll consider a second request.

ketchup

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #354 on: January 26, 2017, 12:16:41 PM »
Been considering looking into this for a while now.

I have three eligible cards (Barclays, Discover, and Citi), all 3-4 years old.  However, they have fairly low limits (highest is 3k) so they wouldn't work for this as-is.  My income (about triple) and credit (had no real history before, now I have a mortgage and a FICO of ~710) have improved with time, so should I pretty much be a shoe-in for credit line increases?  Any particular order or strategy to trying this?  Should I do only one at a time?  (Am I overthinking this?)

In my (very limited) experience, they won't bump you up that much at once.  I had a $5000 credit limit with a PNC credit card, requested $12,000, they gave me $7500 citing my lack of experience with such high limits.

Then I just applied for a Discover card and they gave me $12,500.
Hmm, annoying.  My GF just had something similar happen actually which was part of why I was concerned; Chase finally raised her many-years-old $600 limit card all the way to... $1200.  Then she applied for some Amex and got instantly approved with a 10k limit.  Dumb.

...but it certainly doesn't hurt to ask.  I'm pretty sure though that, once you make the request, it is 6 months before they'll consider a second request.
Alright.  I could put in requests soon and then do another round in 6mo if need be.  Hopefully the first round would at least get me one card into eligibility-land ($5k).

boarder42

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #355 on: January 26, 2017, 12:29:56 PM »

i cant figure out how to do 5 bucks per month on amazon.

If you go here, you can enter the amount you want and set it on a schedule or select 'Monthly' under Frequency. Then select the credit card you want charged. Not sure if you can set up multiple auto-loads on multiple credit cards. But that's the link that should help you with auto-load.

thank you so much i couldnt figure that out ... all i could find was a different page.
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boarder42

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #356 on: January 26, 2017, 12:32:34 PM »
i've found cards you pay for with annual fees typically come with higher CL's
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #357 on: January 26, 2017, 12:35:31 PM »
I like the recurring charitable donation thought, especially if it was a donation you would be making that way anyways
We've already lump summed our planned donations through a donor advised fund for tax reasons, but this is something I might think about. It would just be more forced giving :)

My only worry would be about the efficiency of small recurring credit card transactions and small donations vs one large non credit card donation towards the charity. Presumably this is a charity I like, so I don't want to nickel and dime them. But from what I understand, charities like signing you up for recurring giving.

The approach for us has so far to wait for a tradeline sale, and then when it goes through walk over to a grocery store and buy something small with that credit card. The grocery stores seem to post relatively quickly, as opposed to other establishments, and we usually try to be in walking distance of a grocery store. It has been tricky if we've been in the middle of travel/transit when a tradeline sold, then we have to hope to find reliable internet, make a purchase, hope it goes through in time. Etc. No missed sales yet because of that, but some close calls.

The safer thing would be to make regular purchases on the first of each month with every enrolled card. Amazon gift certificates or what have you. Our cards are sufficiently sock drawered, and our sales few enough between, that I've been willing to take the risk and extra effort (and I have time on my hands and I like taking walks to the grocery store ).

If we were making regular sales on a high enough percentage of enrolled cards, I'd consider changing my approach.
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supomglol

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #358 on: January 26, 2017, 02:33:47 PM »
Posting to follow.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #359 on: January 26, 2017, 03:22:56 PM »
I don't do automated payments to Amazon, because we don't sell lines on every card every month (with a dozen enrolled between the wife and I).

Similarly, some cards may have all lines sold for two months, and I only do the payment the first month (when the adds are done).

When I get a TL order, I go add the AU, then go to this bookmark I have (one click):
https://smile.amazon.com/asv/reload/order?manualReload.amount=2.50

Login autofills, then I hit "login" (two clicks), select the CC I sold the TL on (three clicks), select reload (four clicks).  Four clicks, and about 20 seconds (just waiting for two pages to load--the login page, then reload page), all done from the comfort of home.
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #360 on: January 26, 2017, 04:18:05 PM »
Does anyone have experience with a card aging into the next category?  I can't find the exact post, but someone said that they were not upgraded as a card aged, even after asking for it, and I have a card that is a few months from being upgraded to the next category.

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #361 on: January 26, 2017, 04:26:51 PM »
Does anyone have experience with a card aging into the next category?  I can't find the exact post, but someone said that they were not upgraded as a card aged, even after asking for it, and I have a card that is a few months from being upgraded to the next category.

The person just said their card aged, but not to the next level. Post was here:
The reply I got was, thanks, but since it hasn't reached the next threshold for payouts, it doesn't matter.

You will be moved to the next payment level when it ages, if you email customer support when it happens.  :)
« Last Edit: January 26, 2017, 04:29:24 PM by arebelspy »
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rachael talcott

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #362 on: January 26, 2017, 04:28:13 PM »
Does anyone have experience with a card aging into the next category?  I can't find the exact post, but someone said that they were not upgraded as a card aged, even after asking for it, and I have a card that is a few months from being upgraded to the next category.

The person just said their card aged, but not to the next level.

You will be moved to the next payment level when it ages, if you email customer support when it happens.

Oh, great.  Thank you!

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #363 on: January 26, 2017, 05:13:51 PM »
One more question:  I have a store card (Home Depot) issued by Citibank, N.A.  Does that count as a Citi card? 

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #364 on: January 26, 2017, 05:19:00 PM »
One more question:  I have a store card (Home Depot) issued by Citibank, N.A.  Does that count as a Citi card?

You'll want to ask the tradeline company, because it's specific.  Sometimes yes, sometimes no.  It all depends on how it reports to the credit reporting agencies.

Like the Costco branded ones don't work, because they require the AU to be a Costco member with a Costco membership number.  I'd lean towards more likely that the HD one works, but it can't hurt to ask.

Let us know what they say!  :)
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rachael talcott

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #365 on: January 26, 2017, 05:26:51 PM »
One more question:  I have a store card (Home Depot) issued by Citibank, N.A.  Does that count as a Citi card?

You'll want to ask the tradeline company, because it's specific.  Sometimes yes, sometimes no.  It all depends on how it reports to the credit reporting agencies.

Like the Costco branded ones don't work, because they require the AU to be a Costco member with a Costco membership number.  I'd lean towards more likely that the HD one works, but it can't hurt to ask.

Let us know what they say!  :)

Email sent.  Will do. 

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #366 on: January 26, 2017, 07:35:10 PM »
Does anyone have experience with a card aging into the next category?  I can't find the exact post, but someone said that they were not upgraded as a card aged, even after asking for it, and I have a card that is a few months from being upgraded to the next category.

The person just said their card aged, but not to the next level. Post was here:
The reply I got was, thanks, but since it hasn't reached the next threshold for payouts, it doesn't matter.

You will be moved to the next payment level when it ages, if you email customer support when it happens.  :)

ARS's conditional here is important.  You must notify the new company when any cards you have enrolled either have aged into a new commission level or have a CL increase to a new commission level.  The company does not track this themselves.  See old post here.
« Last Edit: January 26, 2017, 07:37:34 PM by secondcor521 »
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TomTX

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #367 on: January 26, 2017, 07:47:58 PM »
...but it certainly doesn't hurt to ask.  I'm pretty sure though that, once you make the request, it is 6 months before they'll consider a second request.

Varies. Discover seems to be 2 months.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #368 on: January 26, 2017, 07:49:11 PM »
I have a calendar alert to remind me to do it every 3 mo. for all my cards.
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #369 on: January 27, 2017, 09:11:07 AM »
One more question:  I have a store card (Home Depot) issued by Citibank, N.A.  Does that count as a Citi card?

You'll want to ask the tradeline company, because it's specific.  Sometimes yes, sometimes no.  It all depends on how it reports to the credit reporting agencies.

Like the Costco branded ones don't work, because they require the AU to be a Costco member with a Costco membership number.  I'd lean towards more likely that the HD one works, but it can't hurt to ask.

Let us know what they say!  :)

No on the Home Depot card issued by Citibank. 

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #370 on: January 27, 2017, 09:51:08 AM »
How many days before the closing date do folks normally get an email regarding AU adds? My closing date on the one card is coming up on the 1st. It's a 12+ year old card with a 20K+ limit, so I would think it would be highly sought after? I know there are still a few days left of the month, but it's getting close. I am eager to get started!

boarder42

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #371 on: January 27, 2017, 11:33:22 AM »
How many days before the closing date do folks normally get an email regarding AU adds? My closing date on the one card is coming up on the 1st. It's a 12+ year old card with a 20K+ limit, so I would think it would be highly sought after? I know there are still a few days left of the month, but it's getting close. I am eager to get started!

on the site i use i got my adds for my card that closes on the 4th 3 days ago.  but i havent seen any for my cards on the 6th.  not that helpful i know but data points.
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arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #372 on: January 27, 2017, 01:41:27 PM »
How many days before the closing date do folks normally get an email regarding AU adds? My closing date on the one card is coming up on the 1st. It's a 12+ year old card with a 20K+ limit, so I would think it would be highly sought after? I know there are still a few days left of the month, but it's getting close. I am eager to get started!

Typically 3-4 days ahead of time, with occasional "last minute" adds just a day or two ahead (usually last minute adds will be onto a card that had previous orders, in my experience, though not always).
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #374 on: January 27, 2017, 02:34:12 PM »
Thanks for the input boarder42, arebelspy and ducky19. I am eager to get going and this will be my first time! Fingers crossed for some adds...

johnsmithindustries

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #375 on: January 27, 2017, 05:12:10 PM »
For those of you that have to call to add an AU, and then call to remove an AU... what do you actually SAY to the rep on the phone?

i.e. what do you say when asked:

How do you know the person?
Details of the person you don't actually know (single, etc.)?
Why do you want to add them as an AU?
Why do you want to remove them as an AU?
Why do you have so many AUs on one card?
Why do you so frequently add/remove AUs?

etc.
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arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #376 on: January 27, 2017, 05:19:58 PM »
For those of you that have to call to add an AU, and then call to remove an AU... what do you actually SAY to the rep on the phone?

i.e. what do you say when asked:

How do you know the person?
Details of the person you don't actually know (single, etc.)?
Why do you want to add them as an AU?
Why do you want to remove them as an AU?
Why do you have so many AUs on one card?
Why do you so frequently add/remove AUs?

etc.

I call and say "I'd like to remove all of the authorized users."  And they say "okay." Then I wait, and they say "done" and I tell them thanks.

I do practice saying their names out loud before I call, in case I have to say it, I don't care if the pronunciation is wrong, as long as it's smooth.  Sometimes it'll be a "remove ABC, leave XYZ" if I have an AU that needs to stay on.

I have never been asked any of those things you mention.

I have heard you might with USAA (but when you add them), since they're a more exclusive club or whatever to get a card.

Most of mine are online, anyways (Barclay, Discover, Capital One, Bank of America are all add online, and only B of A is remove over the phone, the rest are remove online, IIRC, so it's mostly just B of A I'm calling, so I'm sure others will chime in with their experiences).
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FrugalZony

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #377 on: January 27, 2017, 09:16:04 PM »
I could add the AUs online with Barclays, but there was no spot for the SSN.
So I had to call in to add the SSN.

I just told them I wanted to add a SSN for security reasons.
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #378 on: January 27, 2017, 09:17:17 PM »
For those of you that have to call to add an AU, and then call to remove an AU... what do you actually SAY to the rep on the phone?

i.e. what do you say when asked:

How do you know the person? They're a friend of mine.
Details of the person you don't actually know (single, etc.)?  Old company provided answers to all the questions they've ever asked about this.  Assume new company will also.  If a detail is not provided, I usually say I don't know because they're a new friend.
Why do you want to add them as an AU?  We're working on a project together.
Why do you want to remove them as an AU?  The project we were working on is done.
Why do you have so many AUs on one card?  I want to.  Is there anything wrong with this?
Why do you so frequently add/remove AUs?  I want to.  Is there anything wrong with this?

etc.

The above is how I would answer or have answered.
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #379 on: January 27, 2017, 11:50:29 PM »
We are supposed to get tax statements from these companies, yes?
Has anyone gotten theirs from the company that ARS recommended first? Like from last year?

Thanks

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #380 on: January 27, 2017, 11:58:49 PM »
We are supposed to get tax statements from these companies, yes?

Yes.

Quote
Has anyone gotten theirs from the company that ARS recommended first? Like from last year?

Should be available in a few days, electronically (where you view your paystubs) and in the mail.  :)
« Last Edit: January 28, 2017, 12:48:02 PM by arebelspy »
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ducky19

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #381 on: January 28, 2017, 12:31:39 PM »
January is my first month selling tradelines, and I'm happy to report three sales for a cool $500! I still have a couple of days left in the month, but I'm not holding my breath for any more for January. Here's hoping February is at least as profitable!

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #382 on: January 28, 2017, 12:53:25 PM »
January is my first month selling tradelines, and I'm happy to report three sales for a cool $500! I still have a couple of days left in the month, but I'm not holding my breath for any more for January. Here's hoping February is at least as profitable!
Nice!

Hard to picture what other side gigs you could make $500 at your first month starting out while working from home.

That's not even counting the hours put in... even if you allow 10 hours/week for the other theoretical one or whatever and only 1 hour total for this one, I think it'd be hard to match just that the total dollar amount--once you factor in the time element, it's ridiculous.

:)

Thanks for sharing!
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #383 on: January 28, 2017, 02:26:25 PM »
January is my first month selling tradelines, and I'm happy to report three sales for a cool $500! I still have a couple of days left in the month, but I'm not holding my breath for any more for January. Here's hoping February is at least as profitable!

Awesome!  Do you know when you completed your setup paperwork?

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #384 on: January 28, 2017, 03:12:50 PM »
January is my first month selling tradelines, and I'm happy to report three sales for a cool $500! I still have a couple of days left in the month, but I'm not holding my breath for any more for January. Here's hoping February is at least as profitable!

Awesome!  Do you know when you completed your setup paperwork?

I'm not sure that matters? I got the impression from the tradeline guy that if you don't have cards >$20k and older than 2 years, you probably won't see much sales. I had one sale, i think I sent my stuff in on January 3rd.

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #385 on: January 28, 2017, 03:20:00 PM »
I'm not sure that matters? I got the impression from the tradeline guy that if you don't have cards >$20k and older than 2 years, you probably won't see much sales. I had one sale, i think I sent my stuff in on January 3rd.

Approximately half of the referral sales I've seen in Jan from New Company have been < 20k cards, and half over.

Many more < 20k cards are enrolled though, I believe, so percentage-wise, if you have a 20k+ card, it's much more likely to sell.

The date you put the paperwork in shouldn't matter, at this point, so much as your closing statement date.  Either way, there's not much you can do (other than call the CC companies to bump your limits up) except wait.  :)

Sales will come.  Lots of people are seeing them already, and February should have even more, now that people are enrolled the full month and they've been working on putting out all the new cards to their affiliate network to boost the AUs coming in.
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #386 on: January 28, 2017, 07:19:43 PM »
Thanks guys.  I was just curious since the tradeline co guy ended his last email with a caveat about their being flooded with hundreds of MMM members.  Time will tell!

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #387 on: January 28, 2017, 09:11:55 PM »
I just got my first two orders, about 3 weeks after signing up a single 15K US Bank card.
Very easy process!

So now there won't be any more for two months (or whenever I remove these), since this card has a limit of 4 AUs.
The two of us (using the cards) and the two new ones.
Is that 4AU limit pretty common for other cards?



arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #388 on: January 28, 2017, 09:15:49 PM »
I just got my first two orders, about 3 weeks after signing up a single 15K US Bank card.
Very easy process!

So now there won't be any more for two months (or whenever I remove these), since this card has a limit of 4 AUs.
The two of us (using the cards) and the two new ones.
Is that 4AU limit pretty common for other cards?

The primary on the account isn't an "authorized user" and doesn't count as such.

As for the SO, why not switch them to a different card?  Heck, sign up for a new card, which wouldn't be eligible for TL sales being too new, for your every day spend, so you can have an extra TL sale?  $150-175 every other month = $900-$1,050 per year more, I'd think moving what card you use as your daily driver would be worth that.  Maybe not to you, perhaps?  I just personally wouldn't have my SO as an AU when I could sell that slot and have her use a different card.  :)
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
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VladTheImpaler

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #389 on: January 28, 2017, 09:47:15 PM »
Ugh, everyone else is getting orders.
I'm hoping to get a 'seat at the table' too.
I have 2 citi cards with the new company, payments due Feb 6 and Feb 16th.
Maybe I get "The Guy" some vodka?!
"Everyone has different tastes and desires. These differences make the world orderly. If everyone wanted the same things, we would all be struggling against each other to acquire what little was available. Diversity is the source of harmony in human relationships."

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arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #390 on: January 28, 2017, 09:50:28 PM »
Ugh, everyone else is getting orders.
I'm hoping to get a 'seat at the table' too.
I have 2 citi cards with the new company, payments due Feb 6 and Feb 16th.
Maybe I get "The Guy" some vodka?!

Relax.  :)

You're too far out to even be getting orders right now. I don't know what you're expecting, them to ignore the cards closing in the next 3 days for your cards closing further out?  :)

Read this again:
The date you put the paperwork in shouldn't matter, at this point, so much as your closing statement date.  Either way, there's not much you can do (other than call the CC companies to bump your limits up) except wait.  :)

Sales will come.  Lots of people are seeing them already, and February should have even more, now that people are enrolled the full month and they've been working on putting out all the new cards to their affiliate network to boost the AUs coming in.

Put it out of your mind.  When you get the email to add AUs, it'll be a pleasant surprise then.  :)
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
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monarda

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #391 on: January 29, 2017, 08:09:47 AM »
I just got my first two orders, about 3 weeks after signing up a single 15K US Bank card.
Very easy process!

So now there won't be any more for two months (or whenever I remove these), since this card has a limit of 4 AUs.
The two of us (using the cards) and the two new ones.
Is that 4AU limit pretty common for other cards?

The primary on the account isn't an "authorized user" and doesn't count as such.

As for the SO, why not switch them to a different card?  Heck, sign up for a new card, which wouldn't be eligible for TL sales being too new, for your every day spend, so you can have an extra TL sale?  $150-175 every other month = $900-$1,050 per year more, I'd think moving what card you use as your daily driver would be worth that.  Maybe not to you, perhaps?  I just personally wouldn't have my SO as an AU when I could sell that slot and have her use a different card.  :)

Ok, now I'm thinking that maybe we have more than 4 AUs because this is a joint account. That would mean SO isn't an AU? Huh. I won't worry about it and just ask customer service when the time comes next month.

I looked all around the account information and couldn't find an indication. For your other cards, when you get your monthly statements after having added AUs, do you see their names somewhere- either on the statement or on the online acct? I just added mine on Weds. There's no sign of them yet online.

VladTheImpaler

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #392 on: January 29, 2017, 10:06:23 AM »
Ugh, everyone else is getting orders.
I'm hoping to get a 'seat at the table' too.
I have 2 citi cards with the new company, payments due Feb 6 and Feb 16th.
Maybe I get "The Guy" some vodka?!

Relax.  :)

Ok I relaxed now. took shot of said vodka. :)
"Everyone has different tastes and desires. These differences make the world orderly. If everyone wanted the same things, we would all be struggling against each other to acquire what little was available. Diversity is the source of harmony in human relationships."

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #393 on: January 29, 2017, 10:23:28 AM »
I just got my first two orders, about 3 weeks after signing up a single 15K US Bank card.
Very easy process!

So now there won't be any more for two months (or whenever I remove these), since this card has a limit of 4 AUs.
The two of us (using the cards) and the two new ones.
Is that 4AU limit pretty common for other cards?

The primary on the account isn't an "authorized user" and doesn't count as such.

As for the SO, why not switch them to a different card?  Heck, sign up for a new card, which wouldn't be eligible for TL sales being too new, for your every day spend, so you can have an extra TL sale?  $150-175 every other month = $900-$1,050 per year more, I'd think moving what card you use as your daily driver would be worth that.  Maybe not to you, perhaps?  I just personally wouldn't have my SO as an AU when I could sell that slot and have her use a different card.  :)

Ok, now I'm thinking that maybe we have more than 4 AUs because this is a joint account. That would mean SO isn't an AU? Huh. I won't worry about it and just ask customer service when the time comes next month.

I looked all around the account information and couldn't find an indication. For your other cards, when you get your monthly statements after having added AUs, do you see their names somewhere- either on the statement or on the online acct? I just added mine on Weds. There's no sign of them yet online.

Even if it is a joint account, they would only use the number of slots that they indicate for that credit card company.  If it's 4, then it's 4, not 8.  If you want to double up because of your SO, then what you should probably be doing is getting cards in your name alone and cards in her name alone.  Then add 4 AU's to your card, and she can add 4 AU's to her card.

I can't remember which CC company it was - USAA I think - but my AU's show up on my monthly statement so I can see their (non-existent) activity.  And of course, you should get a card in the mail with their name on it in a few days.
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secondcor521

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #394 on: January 29, 2017, 10:39:19 AM »
I'm not sure that matters? I got the impression from the tradeline guy that if you don't have cards >$20k and older than 2 years, you probably won't see much sales. I had one sale, i think I sent my stuff in on January 3rd.

Approximately half of the referral sales I've seen in Jan from New Company have been < 20k cards, and half over.

Many more < 20k cards are enrolled though, I believe, so percentage-wise, if you have a 20k+ card, it's much more likely to sell.

A few questions:

1.  Do you think cards with even higher limits (say $30K, $40K, $50K) would garner more sales?

I've got a lot of credit limit and distinct cards, and I'm trying to figure out if it would be a good idea to consolidate lines or shift credit limit in order to juice my returns with the new company.

As a simple example, I have two Barclays cards.  One is new as of November 2016 with a $10K limit; the other is just over two years old with a $27.5K limit.  The latter card is worth $200 per AU slot now, but if I shifted, say $5K of the limit it would go into the next higher commission bucket.

As a more complicated example, I have four USBank cards, with $25K, $15K, $25K, and $58K.  I'm trying to figure out what to do with them.

In general, I would guess that customers of the new company are willing to pay for the size and age of line that they need, but not more.  With the old company, I think I saw many more sales on my $30K+11year USAA line than on my $55K+19year Chase line.  Are there a lot of customers of the new company that need to rent $55K lines compared to the number of lines available from people like us?

2.  On a similar note, if one has a small line, say $5K or $10K, is it better to leave that as a standalone line and pick up a few $50 commissions, or to move it to a monster card?  There is an annual fee in there to consider.

3.  Is it better to be towards the upper end of the commission CL range or the lower?  In other words, as a general strategy, would you rather have a CL with a $20,001 limit, or a $29,998 limit?

---

Overall, it's fun playing the game; now I feel the need to try to optimize it.  Thanks!
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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #395 on: January 29, 2017, 11:12:04 AM »
Quote
2.  On a similar note, if one has a small line, say $5K or $10K, is it better to leave that as a standalone line and pick up a few $50 commissions, or to move it to a monster card?  There is an annual fee in there to consider.

There is zero reason to ever pay an annual fee unless you are received benefits that are worth it. Nearly every issuer will let you product change to a card that does not have a fee. For example, Citibank has the "AAdvantage Citi Bronze" which is not publiciized, but it has no fee and gives you 1 point per 2 dollars spent. Product changes do not change your card open date.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #396 on: January 29, 2017, 12:39:59 PM »
ARS, good tip on requesting CLI's every 3 months.  I was doing Discover every 6 months.  I tried after 3 months based on your comment and it was raised.

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #397 on: January 29, 2017, 01:47:03 PM »
ARS, good tip on requesting CLI's every 3 months.  I was doing Discover every 6 months.  I tried after 3 months based on your comment and it was raised.
As I said before, i have verified that you can do a CLI on Discover every 2 months.

arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #398 on: January 29, 2017, 02:11:58 PM »
There is zero reason to ever pay an annual fee unless you are received benefits that are worth it. Nearly every issuer will let you product change to a card that does not have a fee. For example, Citibank has the "AAdvantage Citi Bronze" which is not publiciized, but it has no fee and gives you 1 point per 2 dollars spent. Product changes do not change your card open date.

The benefits are selling tradelines.  ;)

Barclays, for example, doesn't have an equivalent for their airline branded cards.  We shut down Lufthansa Miles and More cards a few months before learning about TL sales because they refused to waive the fee, and had no cards we could switch it to (despite multiple calls to verify that).  Would have cancelled other ones, too (AA card and Arrival+) if they didn't downgrade, but for finding about tradeline sales.

Now I'm happily paying $89/yr (written off as an expense against the income) to make hundreds from that card.

It is worth seeing if they have a card you can downgrade it to, without an annual fee.  But if not, it may be worth keeping open to do TL sales, even with paying a fee.
« Last Edit: January 29, 2017, 02:17:15 PM by arebelspy »
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
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arebelspy

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Re: Selling Tradelines / Piggybacking Part II: $1000+/hr, 20-40k/yr. Side Gig
« Reply #399 on: January 29, 2017, 02:40:30 PM »
A few questions:

1.  Do you think cards with even higher limits (say $30K, $40K, $50K) would garner more sales?

I've got a lot of credit limit and distinct cards, and I'm trying to figure out if it would be a good idea to consolidate lines or shift credit limit in order to juice my returns with the new company.

As a simple example, I have two Barclays cards.  One is new as of November 2016 with a $10K limit; the other is just over two years old with a $27.5K limit.  The latter card is worth $200 per AU slot now, but if I shifted, say $5K of the limit it would go into the next higher commission bucket.

As a more complicated example, I have four USBank cards, with $25K, $15K, $25K, and $58K.  I'm trying to figure out what to do with them.

In general, I would guess that customers of the new company are willing to pay for the size and age of line that they need, but not more.  With the old company, I think I saw many more sales on my $30K+11year USAA line than on my $55K+19year Chase line.  Are there a lot of customers of the new company that need to rent $55K lines compared to the number of lines available from people like us?

2.  On a similar note, if one has a small line, say $5K or $10K, is it better to leave that as a standalone line and pick up a few $50 commissions, or to move it to a monster card?  There is an annual fee in there to consider.

3.  Is it better to be towards the upper end of the commission CL range or the lower?  In other words, as a general strategy, would you rather have a CL with a $20,001 limit, or a $29,998 limit?

---

Overall, it's fun playing the game; now I feel the need to try to optimize it.  Thanks!

Good questions.  I don't have enough information to have answers, but I can speculate based on my gut and what it seems like.

1. Yes.  Higher limits should sell more.

However, as far as having two $15k cards into one $30k card, I'd probably leave two 15k ones, to get more overall sales.  At Old Company I'd probably have combined them.  At the very least, right now I'd enroll them all and see how it goes (and negotiate on the 58k one), if they're selling out or not.

The exception is Chase. I'd only have one Chase enrolled, if you do Chase, so I'd combine them all to one mega limit in that case.

2. <10k cards I'd move, or move some from the monster cards to get it to 15k or so. 

I'd rather have 3 20k cards than one 60k card.  But I'd rather have 1 20k card than 3 7k cards.

Basically cards below 10k don't really sell much, but cards in the 20k range sell pretty decent, so I'd rather have more of those, even if the 60k card will definitely sell out, it'll be less lines overall.

3. With Old Company, I was thinking it might be beneficial to be at the top of the range.  I haven't seen that same thing with New Company, so I'm working on just pushing everything up as much as possible.

Again, this is all speculation, and it may be worth emailing the TL company for their thoughts, but that's what I'm thinking at the moment.  :)
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with a kid.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (occasionally) blog at AdventuringAlong.com.
You can also read my forum "Journal."