Looking to see what you guys think my approval odds are for the Blue Business Cash mainly (or for the Blue Business Plus). I'm open to certain other business cards too; however, I have some requirements that knocked them out:
- Cannot report to my personal credit report.
- Must come with an APR free period.
- Cannot be a Chase Card since I'm over 5/24.
- I'm in the AMEX system, so +1 for most likely a soft inquiry.
Basic Credit Profile:
- No miss payments, no collections, no other baddies period.
- Score is in the range of 732 - 739 depending. They only checked Experian when I applied for the BCE (first AMEX card) in June, so current score on there is 732.
- Current utlization on my BCE: 8% ($78 out of $1K) which will go down in a few days since I paid off more of it and/or will also go down since I might attempt a 3X CLI; either way, util is going down soon and I've never carried a balance.
- TOTAL utilization from all my cards combined is 2%.
- Inquires: Experian has a total of 5 (3 of them was in this past June; other 2 was in 2019)
- Income: Personal is about $30K, Business income is about $1K, and expenses are somewhat low but I'm thinking of putting on the application is around $2K maybe since that's on average, I don't know. I'll explain.
I'm running primarily a computer building business; computer builds for whatever they need (gaming, workstation, video editing etc) is paid by the customer. Average I've seen is around $2K but can range from $800 on up to even $5K depending on what they need or want. Either way, when they send me the money, I buy all the parts on my (hopefully) business card and I'll take it from there. Sometimes also, I'll pre-build one where the customer can just buy it.
So of all the questions I have, I'm not sure what exactly to put for expenses part. But what's my approval odds?
The business is registered too as of April 2020 as a single member LLC; I have the tax ID and papers for those registrations.
