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jonmartin
Posts: 92
Registered: ‎06-05-2009
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Amex Business cards and Previous BK

I was wondering if I should apply for an AMEX business card but I'm wondering if thats a bad idea since I had a BK that included them on my personal credit back in 08 Is this going to hurt my chances des[ite having built up Business credit somewhat? I have two business credit cards and an Auto loan under my company all of which I PG'd for. At first I thought that I would have no chance but since I was able to obtain a Chase INK card without much hassle under the business well before Chase would give me a personal card. I figured AMEX might have different standards for business cards like Chase. Also I wanted to know if havin an AMEX merchant account would help my chances at all if I were to get one. I currently use Square for my CC transactions and get about $20-30k a month through the service I wouldn't mind having the AMEX merchant account if it helped me get back in their good graces eventually. Even though their fees are higher then Square.

NFCU Flagship Rewards Visa Signature $5,000
NFCU NavCheck LOC $10,000
Chase INK Cash $5,000
Chase Freedom $1,500
Bank of America Cash reward 123 $5,000
Barclays Arrival World MC $3,000
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Creditaddict
Posts: 22,132
Registered: ‎10-23-2007
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Re: Amex Business cards and Previous BK


jonmartin wrote:

I was wondering if I should apply for an AMEX business card but I'm wondering if thats a bad idea since I had a BK that included them on my personal credit back in 08 Is this going to hurt my chances des[ite having built up Business credit somewhat? I have two business credit cards and an Auto loan under my company all of which I PG'd for. At first I thought that I would have no chance but since I was able to obtain a Chase INK card without much hassle under the business well before Chase would give me a personal card. I figured AMEX might have different standards for business cards like Chase. Also I wanted to know if havin an AMEX merchant account would help my chances at all if I were to get one. I currently use Square for my CC transactions and get about $20-30k a month through the service I wouldn't mind having the AMEX merchant account if it helped me get back in their good graces eventually. Even though their fees are higher then Square.


You got Chase $5k Business with BK - Do you have checking with them for the Square Account?

I would not think Amex would be even a close option but if you don't bank with Chase and got that kind of Credit from them, then I might have to rethink my thoughts!

Fico Scores: EQ- 656 Cap1., TU 696 Walmart, EX 700 Chase (12-17-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
Contributor
jonmartin
Posts: 92
Registered: ‎06-05-2009
0

Re: Amex Business cards and Previous BK

Yes I bank with Chase personal and with Business

NFCU Flagship Rewards Visa Signature $5,000
NFCU NavCheck LOC $10,000
Chase INK Cash $5,000
Chase Freedom $1,500
Bank of America Cash reward 123 $5,000
Barclays Arrival World MC $3,000

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