Chase invitation

[Anonymous]

I already have a Chase Business card, was Preferred, then downgraded to Cash. After my app spree I'm def over a dozen inq and in the "LOL/24" so no idea why they sent me an invite. Are they trolling me?

[rbentley]

The 5/24 rule does not apply to most Chase Business cards.

[Anonymous]

There's also a Business checking promo as well, both the checking and credit offer expire on the same day, April 8th

[zerofire]

Joke is on you because Chase will let people in if they want to and the rules for 5/24 is based on accounts, not inquiries. If the accounts have not landed yet then you probably are still ok. I had Chase go ahead and approve me at 7/24 in the past for a Chase Freedom so YMWV. Lastly most mail offers will bypass the 5/24 rule. Overall if you want it and have the records for it then go ahead and app. Lastly Chase will do a SP on your records after a little bit to verify against any app sprees. I recommend that you are ready to deal with getting burnt because you are playing with flames.

[Anonymous]

The accounts hit very quickly. Like before I even received the card in the mail quick. 2 of them listed below, the other 2, PNC and USB not. So def LOL/24. TU inq at 12 including the one below.

I tried the Amazon Prime store card because it was thru Synchrony, not Chase, and free money with no spend, but...

[woodyman100]

5/24 rule does apply to Chase business cards

However, they don’t count as one of the 5 as they are hidden

[zerofire]

US Bank generally takes a while to pull the report. As a result they will usually not show the HP for a bit if you apply fast enough. I have no experience with PNC but as a regional bank I think they might have something similar. Wells Fargo is part of the Big 4 US banks and Barclay's is a British Multinational so if those did not report yet I would be concerned. Big banks usually report in 1-3 days after application. Fastest known reporter is Synchrony Bank as they report immediately when you are approved.

[MB54]

Hello - 

I recieved the chase invitation for the Chase Ink Business Preferred Card, I have a new courier start-up business with no business credit as yet, what do you thin my chances of qualifying for this invitation offer with a 653 FICO Score with Transunion, Equifax and Experian are bit less, please advise?

[SouthJamaica]

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@MB54 wrote:

Hello - 

I recieved the chase invitation for the Chase Ink Business Preferred Card, I have a new courier start-up business with no business credit as yet, what do you thin my chances of qualifying for this invitation offer with a 653 FICO Score with Transunion, Equifax and Experian are bit less, please advise?

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If it were me, I would try regardless of what my chances are. To be able to start out your business credit life with what I consider the best business card in the business would be great.

PS I know someone who gets invitations to apply for that card who doesn't even have a business. Meanwhile I -- who do have a business and would love to have the card -- never get an invite

[MB54]

Hello - Super Contributor

Thank you for your feedback, I appreciate it. Based on the information that I had put out to get a good assessment of where I stand and the pathway forward based on experience of the group and you responding to my call for help. Would you recommend I these steps, see below and please add anything you feel that would be helpful.

1. Open a Chase  Business Checking Account

2. Apply for the Chase Ink Business Preferred Card

3. Personal Credit Score as of 3/24/2019: Transunion 653 - Equifax 611 - Experian 602 (credit scores result of late payments & being above 30% on overall debt currently at 44% overall utilization