I am in the early stages of setting up a business (sole propriator now and after a few weeks, I am going to C Corp). I have 3 biz cards (CIC, Amex Gold/BBC).
While the next cards can be CIC/Amex Plat (I prefer CC with 0% APR in the first year, instead of charge cards that need PIF), which other business cards do you recommend for sole propriator (early stage with thin business profile<1y)?
Is it too early to go for BOA or US Bank?
Also, does Capital One require three inquiries for business cards?
Fico8: EX~EQ~TU~840 (12 month goal~850).
@xenon3030 wrote:I am in the early stages of setting up a business (sole propriator now and after a few weeks, I am going to C Corp). I have 3 biz cards (CIC, Amex Gold/BBC).
While the next cards can be CIC/Amex Plat (I prefer CC with 0% APR in the first year, instead of charge cards that need PIF), which other business cards do you recommend for sole propriator (early stage with thin business profile<1y)?
Is it too early to go for BOA or US Bank?
Also, does Capital One require three inquiries for business cards?
So you your three current BIZ under your SSN not EIN?
IMO, if you are in start-up mode, the AMEX BIZ Plat is not the card to get for the reason you listed above and that AF, unless you bringing in enough cash on monthly/yearly basely where that AF doesn't matter.
IDK much about BOA, but with USBank when wanted to see that my BIZ was established and I need to provide formation paperwork and my EIN. For a Sole Prop that might required proof for revenue, based off my experience it might be best to wait until your C-Corp is formed.
Capital One always do a triple pull no matter if its personal or BIZ. However unless your are approved for their Spark 2% Cash Plus (Charge) Card, the rest of their BIZ card line up will report to your personnel CRs.
Thanks @citymunky.
The three biz cards are under SSN.
Based on the discussions, it might be good to stick to Chase Ink credit cards till forming the C Corp.
@xenon3030 wrote:I am in the early stages of setting up a business (sole propriator now and after a few weeks, I am going to C Corp). I have 3 biz cards (CIC, Amex Gold/BBC).
While the next cards can be CIC/Amex Plat (I prefer CC with 0% APR in the first year, instead of charge cards that need PIF), which other business cards do you recommend for sole propriator (early stage with thin business profile<1y)?
Is it too early to go for BOA or US Bank?
Also, does Capital One require three inquiries for business cards?
1. If you're forming a corporation within a few weeks it's pointless to apply for cards until you do.
2. As far as I'm concerned, I can't see why you need other cards. The Chase Ink and Amex Blue Business Cash are as good as it gets.
3. I would stay away from Capital One, with its triple pulls and reporting to personal.
4. IMHO it's too early to apply for anything, since you're about to start a corporation.
Thanks @SouthJamaica. I needed a few more CL with 0% APR to cover the costs of C Corp formation and evolve it, till raising VC fund. Unexpectedly, I got approved for BBP/CIU 
.
I thought that CIU would not get approved, since it went under review for 2 days. I had a prior offer from Amex on BBP, applied and got an instant approval. After an hour, I received a call from Chase to review the application . They asked lots of questions on both Sole Prop and C Corp, business product, business revenue projection and my customers. After a brief hold, it was approved.