topic Re: All true business CC? in Business Credit

All true business CC?

Anonymous — Sun, 13 Mar 2016 01:01:50 GMT

I have been looking around for all the true business credit cards, ones that don't report to personal reports with a PG. So far all I can find is AMEX, BofA, Citi, Chase, Barclay and US Bank/Elan Financial.

Is that it? Seems like there should be more....Cap One business cards report to personal reports so I don't really see the need for them.

I have to be missing other business PG cards that don't show up on personal reports, other than inquiry???

Re: All true business CC?

lindsaydruart — Sun, 13 Mar 2016 04:48:55 GMT

Capital One is the ONLY ONE that reports to personal credit. Everyone else doesn't to my knowledge.

Re: All true business CC?

Anonymous — Sun, 13 Mar 2016 15:22:16 GMT

I'm new to this, but I thought PG and reporting to personal reports two different things?

I thought some cards would approve you with a PG, but then not report to your personal report.

While Cap One is the only one that reports to your personal report, many approve you based on PG (the only ones I've read up on are mostly Chase, but a bit on Amex and I thought that bit was the same).

Re: All true business CC?

lindsaydruart — Sun, 13 Mar 2016 15:26:36 GMT

@Anonymous wrote:
I'm new to this, but I thought PG and reporting to personal reports two different things?

I thought some cards would approve you with a PG, but then not report to your personal report.

While Cap One is the only one that reports to your personal report, many approve you based on PG (the only ones I've read up on are mostly Chase, but a bit on Amex and I thought that bit was the same).

You are right. Most of your major bank cards require PG but don't report. Cap1 is the only one that actually reports. With the others, they only report if you default. There are a few no PG Mastercards out there.

Re: All true business CC?

Anonymous — Sun, 13 Mar 2016 15:54:23 GMT

Besides AMEX, BofA, Chase, US Bank/Elan, Citi, Barclay is there anyother business credit cards? Thats what I have been looking for...

Re: All true business CC?

lindsaydruart — Sun, 13 Mar 2016 15:57:22 GMT

There are literally dozens of business cards because there are hundreds of banks. Your best bet is to nail down exactly what you need in a business card and go from there. Don't just app because it's a business card.

Re: All true business CC?

Anonymous — Sun, 13 Mar 2016 18:43:24 GMT

Thats my problem, I'm not finding dozens of business cards out there. Sure there are hundreds of banks but most that offer business cards are backed/serviced by the same big banks I talk about.. Many of the smaller banks that offer business cards are backed/serviced by Elan Financial or US Bank. Just because the card says "ABC Local Bank" does not mean they are the ones issuing the credit card. If you look through the apps. that have another big bank issuing the card. I see there is a Halo Business Card, they are backed by First American State Bank....others like this?

Re: All true business CC?

lindsaydruart — Sun, 13 Mar 2016 18:48:12 GMT

Equality Card is backed by First American, I think. I guess, for me, your question is sort of vague since most cards can potentially have different approval criteria.

Re: All true business CC?

Anonymous — Sun, 13 Mar 2016 20:06:09 GMT

Sorry, should have been more clear on this question......What business credit cards are out there not backed/serviced by AMEX, Chase, US Bank, Elan Financial, BofA, Citi, Barcaly or Cap One? I have no problem PG a business card, just looking for other options other than these cards....I have business accounts with most of the big banks already.

Re: All true business CC?

lindsaydruart — Sun, 13 Mar 2016 20:11:40 GMT

Now I understand. Sam's MC is backed by Synchrony. BJ's MC is backed by Comenity. Those are the only two I can think of right off the top of my head.

Re: All true business CC?

Creditrecipe — Tue, 31 May 2016 22:09:13 GMT

What about FNBO?