I have 4 small businesses. All my business and personal accounts are with TD.
Thx for the clarity on chase 5/24.
I have opened in the last month[also in last 24 months ] Costco citi, Bofa.penfed plat, Nfcu cash rewards visa and CLOC yesterday..
Does Mortgage refinance and Heloc also count?
Seems my best shot is to apply for Chase business first..
EX 798 TU 769 EQ 770 utilisation 9%
Saphire or chase ink ?which has a better chance
Sounds like too many recently opened accounts for Chase, but if you're willing to sacrifice an inquiry you could try.
Thx for the calming advice CreditJim. I will pass - no need to sacrifice an inquiry.
Any insights on doing business banking with my local Credit unions..
Some Cu won't take biz accounts. Some Trade Groups have credit unions. They way they do business is all over the place. One takes any body not on Chex the other 1) No Chex and 2) Just to open checking with on line deposits credit score over 750. One question do you take credit credits and are looking for a credit card portal as well.
One business I once owned was a member of a trade group that cleared visa/mc/discover at 1% and amex at 2% That was great . They don't do it any more. What you may need 1) checking 2) cedit cards 3) credit card clearing 4) checking with on line banking. (this or #1) . I would shop each part for each store seperately. But mention they are part of 4. I found some banks do not like certain types of stores and will NOT give them good rates just to run them off. The bank I used for years determined last year they want people not stores and as a result it was almost impossible. I still keep a small balance with their bank is it just 3 minutes from our store and sometimes I need change or a quick notary.
I spoke with my credit union and the response seems welcoming.
This saturday i am going to Chase and my local Credit union branch and open business accounts as long as there is no HP.
Will update on results.
1. Went ro chase branch-opened business account.[$200 bonus]
Rep said you are approved for business credit card.
Asked her to apply for Ink visa[80,000 bonus points]-approved instantly in branch for SL $20K.
2. Opened a business acoount in Local credit union.No rush to apply for business credit yet.