Opened the CIP for the SUB. Got $6K SL which is just over the minimum limit. I had 844 EXP F8, 1% util and 3 accounts showing balance. My revenue is only 3000 but income is 160k. Sole prop of 20 years. I stated my monthly spend would be the amount of the minimum spend over 3 months = 2700. I previously had a business checking account so applied with that profile.
Initially I got the 7-10 day phone message but I have a fraud alert so figured it just needed the verification. I called in immediately, got verified, and got the approval email 3h later. I called in the afternoon to have it expedited. They said 2 business days' arrival but it's been a day and still hasn't shipped. Is the tracker accurate?
Also- I just opened my first biz card last month, US Bank Triple Cash. Is there a risk of adverse action for opening business cards too frequently? These two don't report to personal bureaus so would they even see the other accounts?
@lyTENciL wrote:Also- I just opened my first biz card last month, US Bank Triple Cash. Is there a risk of adverse action for opening business cards too frequently? These two don't report to personal bureaus so would they even see the other accounts?
congrats!
3 inks a year is probably a fairly safe number before you start pressing against what chase might consider high velocity and chase will hardly even glance at your inquires barring there aren't balances carried on your personal credit report or other risky/suspicious factors
Congrats.
Congratulations on the approval.
No I seriously doubt there's any risk of adverse action because you got the USB card.
I'm sure they can see that you got the USB card.
I doubt the tracker is "accurate".
Congrats. Chase will unleash much bigger CLs on these if you do your business banking with them and they can see some revenue.
