topic Re: Alibaba business credit card live in Business Credit

Alibaba business credit card live

Creditaddict — Sat, 14 Dec 2024 01:02:07 GMT

Who's applying?

https://air.alibaba.com/app/sc-assets/checkout-lp/pages_cardless_lp.html

Re: Alibaba business credit card live

Drifter73 — Sun, 15 Dec 2024 21:31:21 GMT

@Creditaddict wrote:
Who's applying?
https://air.alibaba.com/app/sc-assets/checkout-lp/pages_cardless_lp.html

That $199 AF lost my interest since I don't shop there enough to get the 3% or 60-day net benefits.

It would basically be a 2% Biz supplies and dining card, which, there are "no af" option cards out there to fill those spots.

Re: Alibaba business credit card live

salt_water_swimming — Tue, 17 Dec 2024 04:05:43 GMT

I can see dropshippers being all over this, and I assume that's the target audience. For everyone else this doesn't measure up.

Re: Alibaba business credit card live

isik — Fri, 20 Dec 2024 10:06:59 GMT

I am interested in applying. I use Alibaba enough to justify the hefty annual fee. Unfortunately there isn't any info out there about the application process, which CB gets hard or soft pulled, and whether it appears on personal reports. The last one is especially a big deal in my opinion, since you'll likely have a huge balance on this card from buying inventory. I'll wait for people get the card and share their experience. This'll hopefully also give my F8 time to recover, since it dropped a lot because my credit aged to 3 years.

Since dropshipping was mentioned, I'm not a dropshipper but that's not the best use of Alibaba anyway, you're better off on Aliexpress for that. Alibaba is great for wholesale and for getting custom products made in China.

Re: Alibaba business credit card live

843dk5u39mcf — Sat, 21 Dec 2024 16:59:33 GMT

When contacted by email, Cardless customer service said the Alibaba business card "report to the personal bureaus now, and will report to the business bureaus in the future".

Re: Alibaba business credit card live

Drifter73 — Sat, 21 Dec 2024 18:20:48 GMT

@843dk5u39mcf wrote:
When contacted by email, Cardless customer service said the Alibaba business card "report to the personal bureaus now, and will report to the business bureaus in the future".

Yet another reason to pass on that one 🤔

Re: Alibaba business credit card live

843dk5u39mcf — Sat, 21 Dec 2024 22:59:13 GMT

Agree! The economics and reporting might work for volume buyers on Alibaba. Hard pass for me.