topic Re: Got bored, applied for Edward Jones Business Card in Business Credit

Got bored, applied for Edward Jones Business Card

rgate88 — Thu, 01 Feb 2024 22:36:16 GMT

I hadn't applied for anything in around 7 months, and I'm trying to get under 5/24 for the summer. I decided to go for the Edward Jones business card (issued by Elan). OK bonus ($150/$1000), but wasn't sure if I would get approved with already having the max cash preferred ($25k limit) and platinum business ($20k) through a local CU. Decided to just take the leap, instant approval, $2k limit, don't care about the rate as I don't plan to carry a balance. I have a small account with EJ (~$6k), and I assume you have to have one as they ask you for your account number. Relevant info:

AAoA - 47 mo
Oldest (personal) - 9 yr, 4 mo
Oldest (business) - 4 yr, 3 mo

Business - Sole prop

TU pulled (0/6, 4/12, 7/24)

Newest account - 7 mo (0/6, 4/12, 5/24)

Business income reported - $10k

Personal income reported - $135k

Re: Got bored, applied for Edward Jones Business Card

citymunky — Fri, 02 Feb 2024 00:12:07 GMT

Congrats. What CRA did they HP from?

Re: Got bored, applied for Edward Jones Business Card

rgate88 — Fri, 02 Feb 2024 00:12:41 GMT

@citymunky wrote:
Congrats. What CRA did they HP from?

Transunion

Re: Got bored, applied for Edward Jones Business Card

JoeRockhead — Fri, 02 Feb 2024 13:24:10 GMT

Congratulations on your approval!

Re: Got bored, applied for Edward Jones Business Card

cashorcharge — Tue, 06 Feb 2024 19:55:33 GMT

WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂

Re: Got bored, applied for Edward Jones Business Card

rgate88 — Fri, 09 Feb 2024 17:27:24 GMT

Just as an additional note here, I thought the amount they gave me was low, so as soon as I could setup my online account, I requested an increase. This caused another pull on my TU. Elan hasn't done this before on my other business card or my MCP card. So be warned

Re: Got bored, applied for Edward Jones Business Card

CorpCrMgr1 — Sat, 24 Feb 2024 00:46:26 GMT

Congratulations on your approval!

Re: Got bored, applied for Edward Jones Business Card

pizzadude — Tue, 27 Feb 2024 17:59:22 GMT

@rgate88 wrote:
Just as an additional note here, I thought the amount they gave me was low, so as soon as I could setup my online account, I requested an increase. This caused another pull on my TU. Elan hasn't done this before on my other business card or my MCP card. So be warned

Did they grant your CLI request or leave you at $2K ?

Re: Got bored, applied for Edward Jones Business Card

rgate88 — Sun, 17 Mar 2024 14:05:13 GMT

@pizzadude wrote:
@rgate88 wrote:
Just as an additional note here, I thought the amount they gave me was low, so as soon as I could setup my online account, I requested an increase. This caused another pull on my TU. Elan hasn't done this before on my other business card or my MCP card. So be warned
Did they grant your CLI request or leave you at $2K ?

Negative, I was declined. I think I hit max exposure w/ Elan currently. $25k on my MCP, $20k on my business platinum w/ my local CU, and $2k on this card.

Re: Got bored, applied for Edward Jones Business Card

gingerflower — Sun, 17 Mar 2024 18:46:43 GMT

Congrats on the approval