topic Amex Card Business and Personal in Business Credit

Amex Card Business and Personal

Jolo0801 — Sun, 28 Jun 2015 18:17:42 GMT

I have a new startup construction company and Im thinking of app'ing for an Amex business card. I'm a new Amex customer with a personal card of about 4 months.

My question to you all is, if I'm not approved for the business card do you think there might be a chance they will split the limit on my personal card with a new business card so I can develop business credit relationship with them?

Re: Amex Card Business and Personal

myjourney — Sun, 28 Jun 2015 18:29:03 GMT

@Jolo0801 wrote:
I have a new startup construction company and Im thinking of app'ing for an Amex business card. I'm a new Amex customer with a personal card of about 4 months.

My question to you all is, if I'm not approved for the business card do you think there might be a chance they will split the limit on my personal card with a new business card so I can develop business credit relationship with them?

50/50 chance of split

However if you have had a good 4 month history chances of approval are high depending on which card you select

All depends on when you got those other cards as well I see EX is mid range currently as of 5/2015

Re: Amex Card Business and Personal

Jolo0801 — Sun, 28 Jun 2015 18:34:18 GMT

Re: Amex Card Business and Personal

Jolo0801 — Sun, 28 Jun 2015 18:33:40 GMT

I'm hesitant because they denied me for Hilton card recently. Also what is considered mid range??

Re: Amex Card Business and Personal

myjourney — Sun, 28 Jun 2015 18:50:37 GMT

@Jolo0801 wrote:
I'm hesitant because they denied me for Hilton card recently. Also what is considered mid range??

Mid range= scores 663

In most cases your Hilton denial was a SP so can't hurt to try for a business card with another SP

worst case they say no and you try again in 4 months or so

Re: Amex Card Business and Personal

redpat — Sun, 28 Jun 2015 19:17:32 GMT

There is no need to split the limit. I use my Amex Plat for business and personal. Keep track of your business expenses and receipts for business items and pay those expenses through the business.

I have two payments on my Amex card each month, one from our business account and personal account. I do a lot of travel and I like the perks of Amex plat, I didn't want to pay another AF for a business card.

I would suggest you develop a relationship with your Bank's commercial lender and try to get yourself a credit line for your business. This will go along way in developing your business credit than a credit card from amex and give needed working capital for the growth of your business.

You can do this with any of your cards.

Re: Amex Card Business and Personal

Anonymous — Sun, 28 Jun 2015 21:07:23 GMT

@Jolo0801 wrote:
I have a new startup construction company and Im thinking of app'ing for an Amex business card. I'm a new Amex customer with a personal card of about 4 months.

My question to you all is, if I'm not approved for the business card do you think there might be a chance they will split the limit on my personal card with a new business card so I can develop business credit relationship with them?

As it happens, I was approved for the Amex SimplyCash last month after four months history with the Everyday. I should note, though, that I've been in business for a long time. I'm not sure if that impacted their decision.

Re: Amex Card Business and Personal

Anonymous — Mon, 29 Jun 2015 03:03:17 GMT

I was approved for the Everyday less than a month ago. Got approved for the SimplyCash Business card today.