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Approved for $40,000 Business Credit Card.

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Kasuito39
Frequent Contributor

Approved for $40,000 Business Credit Card.

Applied for the Capital on Tap card 2 days ago and received a call today to verify personal information. 2 hours later received an email with an approval of $40,000.00. So far this is my highest Visa business card with a Soft Pull. 

Message 1 of 18
17 REPLIES 17
601flyguy
Established Contributor

Re: Approved for $40,000 Business Credit Card.

Congrats! What other cards are easy to get?

2019 Spend Summary
$944,008 Amex BRG
$91,953 Amex SC
$58,351 Discover It
$50,046 BofA CR
$36,146 Amex PRG
$6,774 Cap1 QS
$963 Amex CM

$1,188,241 Yearly Spend
Message 2 of 18
babygirl1256
Senior Contributor

Re: Approved for $40,000 Business Credit Card.

Congrats on your Capital on Tap card approval and your whoppin' $40k CL . . . that's super sweet!!!

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 3 of 18
Stealth-1
Established Contributor

Re: Approved for $40,000 Business Credit Card.

Congrats on the card approval and nice SL.




"If you don't stand for something, you might fall for anything."
Message 4 of 18
AzCreditGuy
Valued Contributor

Re: Approved for $40,000 Business Credit Card.


@Kasuito39 wrote:

Applied for the Capital on Tap card 2 days ago and received a call today to verify personal information. 2 hours later received an email with an approval of $40,000.00. So far this is my highest Visa business card with a Soft Pull. 


Congrats on your approval. Can you confirm its a Soft Pull? Also do you know if this reports to personal and business or just business credit reports? I was going to apply but I want to make sure there are no hard pulls

Message 5 of 18
601flyguy
Established Contributor

Re: Approved for $40,000 Business Credit Card.

Yes it's soft pull and only reports to biz reports. 

2019 Spend Summary
$944,008 Amex BRG
$91,953 Amex SC
$58,351 Discover It
$50,046 BofA CR
$36,146 Amex PRG
$6,774 Cap1 QS
$963 Amex CM

$1,188,241 Yearly Spend
Message 6 of 18
AzCreditGuy
Valued Contributor

Re: Approved for $40,000 Business Credit Card.

Funny how I just got a GM Buss Card for 31k and denied here? Oh well I wont reapply because I know my credit is over 800 and my Business has under 5% of debt and been in business for over 10+ years 

 

Screenshot 2022-09-14 090058.png 

Message 7 of 18
cashorcharge
Community Leader
Super Contributor

Re: Approved for $40,000 Business Credit Card.

WOOHOO! Congratulations on your approval!!🎉🍾🥂

Message 8 of 18
Vandevere321
Established Member

Re: Approved for $40,000 Business Credit Card.

Congratulations on that awesome SL!!!

 

I applied last year and was denied , think I'll re apply!!!








May 2021:




No PG Biz Vender Lines of Credit -
Message 9 of 18
bigpoppa1
Contributor

Re: Approved for $40,000 Business Credit Card.

What were your personal credit scores and  business credit scores?

What were your combined total personal and business credit lines?

How much income did you input on your application?

Did they verify income with bank statements?

Personal: Upgrade Triple Cash Rewards $1,000, Capital One Quicksilver $3,000, Avant $750, Credit One $450, Credit One Black $950, Destiny $300, Milestone $300, Mission Lane $400, Cerulean $1,500, Merrick Bank Black $700, Upgrade $1,000, Fingerhut $1,300.....

C-Corporation: Universal Premium Fleetcor $22,000, BP $9,000, Shell $10,000, Amazon $5,000, Lowe's $6,500, Phillips 66 $3,000
Message 10 of 18
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