Was looking at other cards to add to my aresenal of 2% or 2X return on spending for my business (inventory based business outside of my main business). Wanted to have some extra capital just in case but what caught my attention was the 3% back when PPMC is used as payment for businesses that accepted PP. Applied for the card, no HP (had applied once before but got declined due to freeze; lifted the freeze prior to the application and did not get a notification for a HP; YMMV). Instantly approved.
SL - $7,500
FICO 8 TU (which was tried to pull from when i initially applied but declined) - 777
AAoA - 4 years
INQ in the passed 24 months on TU - 4
Personal UTI time of applicaiton - 2% of $203k
Business UTI time of application - 20% of $120k
Paydex Score - 80
5/24 Status prior to application - 5/24
Other cards approved business cards this year - CIC (January)
Stated income - $140k
Business Type - Corporation taxed as an S Corp
Congratulations. I recently got that card too. In my case I received a $2500 SL, and did get a hard pull on TU.
Yes, the great feature about the card is the 3% cash back when using it with PayPal; I have some vendors who accept payment via PayPal, so it's getting a workout.
