topic First Business Card! Chase Ink Cash in Business Credit

First Business Card! Chase Ink Cash

rgate88 — Tue, 05 Nov 2019 21:32:52 GMT

Applied for my first small business card last week w/ a Business Relationship Manager (BRM) over the phone. I was 7/24 at the time of application, so this was likely my only shot to get approved. Applied as a sole proprietor. Application was sent in on 10/28, report pulled on 10/31, and notification received from BRM that I was approved for the CIC w/ a $15k limit (requested this amount). Data points below for reference:

Scores - All around 750 mark

AAoA - 22 months

Utilization - As of today, 11.39% (based on $78,750 of total reportable credit)

Oldest Card - 61 months

Please request additional data points if needed and I'll update accordingly

Re: First Business Card! Chase Ink Cash

bizcredit11 — Tue, 05 Nov 2019 22:28:57 GMT

Congratulations @rgate88! Well done.

You are really opening up your business credit.

Your PayPal LOC is PayPal Credit, correct? I see this account just started reporting for many/most on their personal.

bizcredit11

Re: First Business Card! Chase Ink Cash

rgate88 — Wed, 06 Nov 2019 00:35:16 GMT

Yes, I just got it in September and it reported right away. I was not happy about that, but it is what it is. That account put me at 7/24 and wouldn't put me under 5/24 until 3/2020

Re: First Business Card! Chase Ink Cash

AllZero — Wed, 06 Nov 2019 06:48:13 GMT

Congratulations on your approval!

Re: First Business Card! Chase Ink Cash

Anonymous — Wed, 06 Nov 2019 18:29:03 GMT

Wow, congratz for getting you approval at 7/24! And nice SL to boot!

Since it was your first Biz card, do you have any kind of Biz credit score that helped with approval? Or was it all PG?

Re: First Business Card! Chase Ink Cash

rgate88 — Sun, 10 Nov 2019 04:51:48 GMT

This was all PG. I'm a consultant so no actual business, just me as the SP

Re: First Business Card! Chase Ink Cash

SouthJamaica — Sun, 10 Nov 2019 17:00:00 GMT

@rgate88 wrote:
Applied for my first small business card last week w/ a Business Relationship Manager (BRM) over the phone. I was 7/24 at the time of application, so this was likely my only shot to get approved. Applied as a sole proprietor. Application was sent in on 10/28, report pulled on 10/31, and notification received from BRM that I was approved for the CIC w/ a $15k limit (requested this amount). Data points below for reference:

Scores - All around 750 mark
AAoA - 22 months
Utilization - As of today, 11.39% (based on $78,750 of total reportable credit)
Oldest Card - 61 months

Please request additional data points if needed and I'll update accordingly

Congratulations. What a great acquisition. I've had business credit cards for 6 or 7 years now, and still can't get me an Ink card

Re: First Business Card! Chase Ink Cash

M_Smart007 — Mon, 11 Nov 2019 01:49:54 GMT

Congrats!!!