topic Re: Citizens Bank Business Card APPROVED! in Business Credit

Citizens Bank Business Card APPROVED!

steelers1 — Thu, 13 May 2021 07:13:13 GMT

I tried for this card last year but was denied. Approved this year for $15,000. I'm a sole-proprietor and have been in business for 7 years. No POI, bank statements, etc. It said application was under review then I received this e-mail a few hours later.

Fico - 784 EQ

Duns - 80

Utilization - 8%

2 Inquiries - 1 account in 12 months

Re: Citizens Bank Business Card APPROVED!

jaxstraw — Wed, 03 Feb 2021 22:21:12 GMT

Congrats.....nice SCL.

The website is a little clunky but overall I have no complaints about this biz card.

Re: Citizens Bank Business Card APPROVED!

blindambition — Wed, 03 Feb 2021 22:44:33 GMT

Nice approval without any additional documentation!! Congrats!!!

Re: Citizens Bank Business Card APPROVED!

AllZero — Thu, 04 Feb 2021 03:12:46 GMT

Congratulations on your approval!

Re: Citizens Bank Business Card APPROVED!

M_Smart007 — Thu, 04 Feb 2021 05:03:25 GMT

Congratulations on your approval

Re: Citizens Bank Business Card APPROVED!

gingerflower — Sat, 06 Feb 2021 06:10:58 GMT

Congratulations!

Re: Citizens Bank Business Card APPROVED!

Anonymous — Sun, 07 Feb 2021 19:13:20 GMT

Congrats!!! any data points you could share would be helpful.

Re: Citizens Bank Business Card APPROVED!

steelers1 — Mon, 08 Feb 2021 19:23:11 GMT

@Anonymous wrote:
Congrats!!! any data points you could share would be helpful.

DP's are listed in my first post. If there is anything else that I could answer for you, please let me know.

Re: Citizens Bank Business Card APPROVED!

bloccoblu — Tue, 11 May 2021 17:18:15 GMT

Hi, was this a soft pull or hard? Thanks

Re: Citizens Bank Business Card APPROVED!

WayneSki — Tue, 11 May 2021 17:54:25 GMT

@bloccoblu wrote:
Hi, was this a soft pull or hard? Thanks

Yes it's a soft pull and you will need 3 months of bank statements.

Re: Citizens Bank Business Card APPROVED!

Anonymous — Tue, 11 May 2021 17:54:50 GMT

Is it true this card is a soft pull only?

Re: Citizens Bank Business Card APPROVED!

jaxstraw — Tue, 11 May 2021 21:22:55 GMT

@Anonymous wrote:
Is it true this card is a soft pull only?

Yes.

Re: Citizens Bank Business Card APPROVED!

bloccoblu — Tue, 11 May 2021 22:00:59 GMT

Ok thanks for comfirming

Re: Citizens Bank Business Card APPROVED!

babygirl1256 — Wed, 12 May 2021 15:28:46 GMT

Congrats on your Citizens Bank business card . . . wishing you success and keep growing the business!

Re: Citizens Bank Business Card APPROVED!

Anonymous — Thu, 13 May 2021 05:02:35 GMT

@jaxstraw wrote:
@Anonymous wrote:
Is it true this card is a soft pull only?
Yes.

thank you

Re: Citizens Bank Business Card APPROVED!

bloccoblu — Fri, 21 May 2021 11:44:10 GMT

Just FYI for anyone interested in applying for their card. They do pull your Equifax business report. Personal credit d&b and experian can all have excellent ratings but low Equifax can result in denial. You may want to check nav or whatever other site prior to applying

Re: Citizens Bank Business Card APPROVED!

Anonymous — Sat, 05 Jun 2021 22:29:18 GMT

@WayneSki wrote:
@bloccoblu wrote:
Hi, was this a soft pull or hard? Thanks
Yes it's a soft pull and you will need 3 months of bank statements.

So I have a trucking company strong revenue! nets $250,000-300,000 a year but I don't have a paydex score yet I just applied for this card and they asked for bank stamtents my personal credit isn't horrible so their soft pull should've given them a score in the low 700s but my business income is very high.

so even without a paydex score when I send them my 3 months of bank statements are my chances of approve high? Or without a score will I be instant denied ?

Re: Citizens Bank Business Card APPROVED!

jaxstraw — Sun, 06 Jun 2021 00:06:26 GMT

@Anonymous wrote:
@WayneSki wrote:
@bloccoblu wrote:
Hi, was this a soft pull or hard? Thanks
Yes it's a soft pull and you will need 3 months of bank statements.
So I have a trucking company strong revenue! nets $250,000-300,000 a year but I don't have a paydex score yet I just applied for this card and they asked for bank stamtents my personal credit isn't horrible so their soft pull should've given them a score in the low 700s but my business income is very high.

so even without a paydex score when I send them my 3 months of bank statements are my chances of approve high? Or without a score will I be instant denied ?

Nobody can give you an accurate chances of approval...everyone has a different situation.

I can tell you though I was approved for this card and also had to submit 3 months statements and I generate half of what you do annually.

Re: Citizens Bank Business Card APPROVED!

Anonymous — Sun, 06 Jun 2021 02:50:49 GMT

@jaxstraw wrote:
@Anonymous wrote:
@WayneSki wrote:
@bloccoblu wrote:
Hi, was this a soft pull or hard? Thanks
Yes it's a soft pull and you will need 3 months of bank statements.
So I have a trucking company strong revenue! nets $250,000-300,000 a year but I don't have a paydex score yet I just applied for this card and they asked for bank stamtents my personal credit isn't horrible so their soft pull should've given them a score in the low 700s but my business income is very high.

so even without a paydex score when I send them my 3 months of bank statements are my chances of approve high? Or without a score will I be instant denied ?
Nobody can give you an accurate chances of approval...everyone has a different situation.
I can tell you though I was approved for this card and also had to submit 3 months statements and I generate half of what you do annually.

Thank you for your response!!! Did you have established business credit when you applied? Also how much were you approved for if you don't mind I ask?

Re: Citizens Bank Business Card APPROVED!

jaxstraw — Sun, 06 Jun 2021 03:04:35 GMT

@Anonymous wrote:
@jaxstraw wrote:
@Anonymous wrote:
@WayneSki wrote:
@bloccoblu wrote:
Hi, was this a soft pull or hard? Thanks
Yes it's a soft pull and you will need 3 months of bank statements.
So I have a trucking company strong revenue! nets $250,000-300,000 a year but I don't have a paydex score yet I just applied for this card and they asked for bank stamtents my personal credit isn't horrible so their soft pull should've given them a score in the low 700s but my business income is very high.

so even without a paydex score when I send them my 3 months of bank statements are my chances of approve high? Or without a score will I be instant denied ?
Nobody can give you an accurate chances of approval...everyone has a different situation.
I can tell you though I was approved for this card and also had to submit 3 months statements and I generate half of what you do annually.
Thank you for your response!!! Did you have established business credit when you applied? Also how much were you approved for if you don't mind I ask?

Yes I had established biz credit and was issued a $7k SCL.

For me they were not a fast approval.....it took 3-4 days at least.