Now more than $900 Just in Signup Bonuses!

On the App-O-Rama "Best of the Best" page I found there are now over $900 in signup bonuses, particularly:

Personal Cards
$100 Amex Preferred Rewards Gold
$150 Citi Premier Pass Elite
$100 Citi Professional
$50 Citi Diamond Preferred Rewards

Business Cards
$250 Amex Business Gold Rewards
$150 CitiBusiness PremierPass
$100 CitiBusiness with ThankYou network

Readers all over the internet are still in an uproar over Suze Orman's episode on App-O-Rama (you can see it on Youtube). At first, the segment seemed like she understood it - she explained how people make fortunes using other people's money, and how people can do a credit card App-O-Rama by applying for multiple cards at the same time, getting multiple signup bonuses, frequent flier miles, etc.


Suze showed how simple it is to deposit a 0% check into a high interest bank account, and how many thousands of dollars could be made from interest earned on that deposit. It sounded as if she understood the App-O-Rama, but when she talked with a viewer, she started getting the mechanics of it all wrong!

So did Suse REALLY decipher the dollars and sense of App-O-Rama, or is she just a talking head who read the script her staff created? I wonder....At any rate, lets clarify some of the errors Suze made, so that none of you make the same mistakes and can do a much more successful App-O-Rama!

Suze said that you would have to pay Cash advance charges, by taking a cash advance out from one card, then transfering the balance to another card - that is simply not correct for most 0% deals. As her own video showed, most card issuers simply allow you to deposit the 0% check right into your checking account!

Suze then said Balance Transfer fees have gone up from a max of $75 to an uncapped 3%. While some cards have increased BT fees to 3% uncapped, there are still MANY that have NO Balance Transfer Fee, and many more capped at $75. In fact,

The App-O-Rama 0% list

shows exactly which cards have NO balance transfer fees.

But perhaps Suze's biggest disservice to her readers was failing to mention how App-O-Rama can help them get out of credit card debt QUICKER than any other strategy. Since you can do an App-O-Rama not just for the signup bonuses the credit card issuers offer, but to take advantage of 0% promotions, they can be used to reduce your interest payments on debt. Suze viewers often have a lot of credit card debt they are paying 15%, 20% or 30% APR, and moving that debt to 0% cards is COMMON SENSE. Suze didn't mention it at all. Shame on you, Suze.

Suze Orman tries to decipher the App-O-Rama Drama !

Well it looks like Suze Orman is going to do a show on August 4 entitled "App-O-Rama Drama". This will be very interesting, and we will keep you posted!

Readers on the financial forum at Fatwallet.com, where Apporama is very popular and many readers are experts at using AOR strategies, have been discussing the upcoming show.

Link to the Fatwallet App-O-Rama FAQ Discussion

Many people without debt simply put the 0% promotional money in the bank, to earn interest on the money before they pay it back. Many people in the Fatwallet forum have reported being able to deposit enough 0% money in banks to see interest income alone exceeding $15,000 per year! I will be watching the Suze show with great interest and will update after watching to see if she really DOES know the dollars and sense of App-O-Rama, since it is often misunderstood and widely criticized. Lets hope Suze gets it right for the sake of her millions of viewers!