01-15-2013 02:28 PM
I have one personal BCE and one Simply Cash small business card. Two questions:
1) Is the $25,000 financial review trigger per card or combined?
2) Will the business card eventually show up on my credit report? It is fairly new (maybe 45 days?), but not on my credit report yet.
01-15-2013 02:36 PM
I do not believe the business cards show up on your credit reports, we have three (delta skymiles, platinum charge, and cash management) and none of them show up on the personal reports
01-15-2013 03:42 PM
The $25,000 trigger for financial documents is per card. There also is apparently a combined limit as well. I have heard the combined limit is $35,000, but I have yet to see confirmation.
I believe Capital One business cards are about the only ones that will show up on personal credit reports. Amex will not unless there is negative information on the account.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO