topic Re: U.S. Bank Triple Cash Approval $23K in Business Credit

U.S. Bank Triple Cash Approval $23K

MansaMusa — Wed, 21 Feb 2024 19:07:55 GMT

Applied for my 2nd U.S. Bank business card last Friday and went pending. Followed up with underwriting Monday and was told all was well, they needed nothing, their system currently takes 5 to 7 days to process the business applications. Just received an email approved for $23,000. I also have the Business Platinum with a current limit of $28,500. I actually wanted the business line of credit, but the application required a 4506-T, so I didn't submit it. I have about a 4 year relationship with U.S. Bank, and a savings account.

Re: U.S. Bank Triple Cash Approval $23K

TekkenQQ7 — Wed, 21 Feb 2024 19:11:56 GMT

Congratulations

Re: U.S. Bank Triple Cash Approval $23K

SouthJamaica — Thu, 22 Feb 2024 00:22:31 GMT

Congratulations on the approval. Good card.

Re: U.S. Bank Triple Cash Approval $23K

cashorcharge — Fri, 23 Feb 2024 22:16:48 GMT

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

I have had similar success lately. They've been really easy to work with

Re: U.S. Bank Triple Cash Approval $23K

MansaMusa — Sat, 02 Mar 2024 13:10:43 GMT

Thank you, and thanks everyone. They have been quite easy the past few years. Before my first business card with U.S. Bank I was geo-fenced for business and had to wait on an offer to apply.

Re: U.S. Bank Triple Cash Approval $23K

JoeRockhead — Sat, 02 Mar 2024 13:15:34 GMT

Nice SL and approval, congratulations!

Re: U.S. Bank Triple Cash Approval $23K

xenon3030 — Sat, 02 Mar 2024 17:44:47 GMT

Excellent SL and congrat.

Re: U.S. Bank Triple Cash Approval $23K

citymunky — Sat, 02 Mar 2024 17:49:55 GMT

Congrats!

Re: U.S. Bank Triple Cash Approval $23K

CorpCrMgr1 — Tue, 05 Mar 2024 15:09:20 GMT

Congratulations on your approval!

Re: U.S. Bank Triple Cash Approval $23K

Jordan23ww — Tue, 05 Mar 2024 15:29:41 GMT

Congratulations on your approval and great starting limit!

Re: U.S. Bank Triple Cash Approval $23K

keluric — Tue, 05 Mar 2024 23:21:21 GMT

Thanks for the DPs. Congrats on the approval.

ETA: out of curiosity, what was your SL on the Business Platinum?

Re: U.S. Bank Triple Cash Approval $23K

Blender — Sat, 09 Mar 2024 13:32:42 GMT

@MansaMusa wrote:
Applied for my 2nd U.S. Bank business card last Friday and went pending. Followed up with underwriting Monday and was told all was well, they needed nothing, their system currently takes 5 to 7 days to process the business applications. Just received an email approved for $23,000. I also have the Business Platinum with a current limit of $28,500. I actually wanted the business line of credit, but the application required a 4506-T, so I didn't submit it. I have about a 4 year relationship with U.S. Bank, and a savings account.

When comparing to ease of getting a Chase Biz card, how easy would getting this card be as a sole proprietor?

I anticipate I won't be able to pay my current 0% balances by November. So my plan is to start a personal relationship with USB now.

Do you live in a state USB doesn't have locations? You had a savings prior to biz card and were geofenced?

Do they report business to personal?

Re: U.S. Bank Triple Cash Approval $23K

citymunky — Sat, 09 Mar 2024 13:55:40 GMT

@Blender wrote:
@MansaMusa wrote:
Applied for my 2nd U.S. Bank business card last Friday and went pending. Followed up with underwriting Monday and was told all was well, they needed nothing, their system currently takes 5 to 7 days to process the business applications. Just received an email approved for $23,000. I also have the Business Platinum with a current limit of $28,500. I actually wanted the business line of credit, but the application required a 4506-T, so I didn't submit it. I have about a 4 year relationship with U.S. Bank, and a savings account.
When comparing to ease of getting a Chase Biz card, how easy would getting this card be as a sole proprietor?

I anticipate I won't be able to pay my current 0% balances by November. So my plan is to start a personal relationship with USB now.

Do you live in a state USB doesn't have locations? You had a savings prior to biz card and were geofenced?

Do they report business to personal?

They wanted to verify a business info before approving my account, so I'm too sure on your chances with being a Sole Prop.

I didn't have a prior direct relationship (but indirect with Elon via the Fidelity CC). They do not report to personnel credit, I don't even think they report to BIZ EX, BIZ EQ or the SBFE.