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Chase Ink Cash for New Business

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Citylights18
Valued Contributor

Chase Ink Cash for New Business

Decided to apply for a Chase Ink Cash for a new business on 5/5. I already have this card for another business but I like the fact that it reports to the credit bureaus to help establish business credit. Currently to the best of my knowledge 4/24.

 

Instantly I received an email from Chase that my card was under review. Yesterday (5/10) I called the CSR to try to make progress and was told it may take 1 or 2 weeks and from the best of their knowledge it won't require additional documentation to be sent in. That didn't sound right to me since it was a new business application and I needed to prove my identity.

 

Later the same day Chase sent me an email requesting proof of identity/business identity which I submitted. Still waiting to hear back from that and possibly even a request to move credit around.

Official travel point totals as of 10/21/24 (1,358,177 Total Points)
Chase Ultimate Rewards 696,884 | IHG One Rewards 144,957 | Hilton Honors 144,521 | AMEX Membership Rewards 102,729 | World of Hyatt 76,095 | Marriott Bonvoy 65,343 | Citi Thank You 38,153 | Choice Rewards 32,460 | United MileagePlus 13,316 | British Airways Avios 12,333 | Jet Blue TrueBlue 11,780 | Wells Fargo Rewards 2,858 | Southwest Rapid Rewards 2,447 | NASA Platinum Rewards 1,883 | AA Advantage 1,744 | Navy Federal Rewards 1,087 | Delta Sky Miles 175 | Virgin Atlantic Virgin Points 100 | Lowes Business Rewards 7,102 ($71.02) | Amazon Rewards 2,200 ($4.75) | Discover CB 10 ($0.10)
Message 1 of 9
8 REPLIES 8
SouthJamaica
Mega Contributor

Re: Chase Ink Cash for New Business


@Citylights18 wrote:

Decided to apply for a Chase Ink Cash for a new business on 5/5. I already have this card for another business but I like the fact that it reports to the credit bureaus to help establish business credit. Currently to the best of my knowledge 4/24.

 

Instantly I received an email from Chase that my card was under review. Yesterday (5/10) I called the CSR to try to make progress and was told it may take 1 or 2 weeks and from the best of their knowledge it won't require additional documentation to be sent in. That didn't sound right to me since it was a new business application and I needed to prove my identity.

 

Later the same day Chase sent me an email requesting proof of identity/business identity which I submitted. Still waiting to hear back from that and possibly even a request to move credit around.


Good luck with it.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 689 TU 684 EX 685




Message 2 of 9
Jordan23ww
Valued Contributor

Re: Chase Ink Cash for New Business

Best wishes to you with the results of this application!

         


Message 3 of 9
Citylights18
Valued Contributor

Re: Chase Ink Cash for New Business

Update 5/12: I was approved for the card this evening. I don't know the limit yet or terms.

 

My last app with Chase for a CFU resulted in having to move credit around to be approved so this is a step in the right direction.

Official travel point totals as of 10/21/24 (1,358,177 Total Points)
Chase Ultimate Rewards 696,884 | IHG One Rewards 144,957 | Hilton Honors 144,521 | AMEX Membership Rewards 102,729 | World of Hyatt 76,095 | Marriott Bonvoy 65,343 | Citi Thank You 38,153 | Choice Rewards 32,460 | United MileagePlus 13,316 | British Airways Avios 12,333 | Jet Blue TrueBlue 11,780 | Wells Fargo Rewards 2,858 | Southwest Rapid Rewards 2,447 | NASA Platinum Rewards 1,883 | AA Advantage 1,744 | Navy Federal Rewards 1,087 | Delta Sky Miles 175 | Virgin Atlantic Virgin Points 100 | Lowes Business Rewards 7,102 ($71.02) | Amazon Rewards 2,200 ($4.75) | Discover CB 10 ($0.10)
Message 4 of 9
Jordan23ww
Valued Contributor

Re: Chase Ink Cash for New Business


@Citylights18 wrote:

Update 5/12: I was approved for the card this evening. I don't know the limit yet or terms.

 

My last app with Chase for a CFU resulted in having to move credit around to be approved so this is a step in the right direction.


@Citylights18  that is awesome! Congratulations on your approval! Thank you also for sharing your experience with us! Glad to see it all worked out for you! 

         


Message 5 of 9
M_Smart007
Legendary Contributor

Re: Chase Ink Cash for New Business


@Citylights18 wrote:

Update 5/12: I was approved for the card this evening. I don't know the limit yet or terms.

 

My last app with Chase for a CFU resulted in having to move credit around to be approved so this is a step in the right direction.


Congrats on your Chase Ink Approval!!!

Message 6 of 9
cashorcharge
Community Leader
Super Contributor

Re: Chase Ink Cash for New Business

WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂

Message 7 of 9
SouthJamaica
Mega Contributor

Re: Chase Ink Cash for New Business


@Citylights18 wrote:

Update 5/12: I was approved for the card this evening. I don't know the limit yet or terms.

 

My last app with Chase for a CFU resulted in having to move credit around to be approved so this is a step in the right direction.


Congratulations on your approval.


Total revolving limits 569520 (505320 reporting) FICO 8: EQ 689 TU 684 EX 685




Message 8 of 9
JoeRockhead
Senior Contributor

Re: Chase Ink Cash for New Business

Congratulations on the approval!

Message 9 of 9
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