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