topic Re: 1st business card in Business Credit

1st business card

Anonymous — Thu, 07 Feb 2019 05:26:12 GMT

I was recently approved for a chase business card with a starting like of $5,000.

My reported revenue from my brand new business was 3,000. Do I need to keep updating with chase my business revenue growth to justify charging more things to this card? I always pay in full after the statement cuts, I just didn’t know If I needed to call them to justify why I’m spending more each month.

Also, does anyone know when this card finally reports to my credit report?

Thank you

Re: 1st business card

PointsBonus — Thu, 07 Feb 2019 06:29:37 GMT

Following.

Re: 1st business card

PointsBonus — Thu, 07 Feb 2019 06:30:00 GMT

Which Chase Business card ?

Re: 1st business card

LittleSal — Thu, 07 Feb 2019 07:56:15 GMT

Chase business credit cards don’t report to your personal credit report unless you default.

Re: 1st business card

Anonymous — Fri, 08 Feb 2019 13:28:42 GMT

@Anonymous wrote:
I was recently approved for a chase business card with a starting like of $5,000.

My reported revenue from my brand new business was 3,000. Do I need to keep updating with chase my business revenue growth to justify charging more things to this card? I always pay in full after the statement cuts, I just didn’t know If I needed to call them to justify why I’m spending more each month.

Also, does anyone know when this card finally reports to my credit report?

Thank you

You probably should update your business revenue if it grows a lot so that they will consider CLIs in the future. But you don’t need to worry about charging a lot on the card if the charge is approved. As long as you pay them Chase doesn’t care how much you charge each month.

Re: 1st business card

Anonymous — Thu, 07 Feb 2019 22:52:11 GMT

Thanks Irish for the info.

It was the Marriott Card