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1st business card

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1st business card

I was recently approved for a chase business card with a starting like of $5,000.

My reported revenue from my brand new business was 3,000. Do I need to keep updating with chase my business revenue growth to justify charging more things to this card? I always pay in full after the statement cuts, I just didn’t know If I needed to call them to justify why I’m spending more each month.

Also, does anyone know when this card finally reports to my credit report?

Thank you
Message 1 of 6
5 REPLIES 5
Frequent Contributor

Re: 1st business card

Following.





Message 2 of 6
Frequent Contributor

Re: 1st business card

Which Chase Business card ?





Message 3 of 6
Frequent Contributor

Re: 1st business card

Chase business credit cards don’t report to your personal credit report unless you default.
Message 4 of 6
Moderator

Re: 1st business card


@Rachel9 wrote:
I was recently approved for a chase business card with a starting like of $5,000.

My reported revenue from my brand new business was 3,000. Do I need to keep updating with chase my business revenue growth to justify charging more things to this card? I always pay in full after the statement cuts, I just didn’t know If I needed to call them to justify why I’m spending more each month.

Also, does anyone know when this card finally reports to my credit report?

Thank you

You probably should update your business revenue if it grows a lot so that they will consider CLIs in the future.  But you don’t need to worry about charging a lot on the card if the charge is approved.  As long as you pay them Chase doesn’t care how much you charge each month.  

Message 5 of 6
Highlighted
Member

Re: 1st business card

Thanks Irish for the info.

It was the Marriott Card
Message 6 of 6
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