Im ready to open my first business credit card as we need to separate bus expenses from personal.
Read a lot about Chase Ink VS Amex but nor sure which one to apply to for higher CL? May be I should even apply for both of them at the same time?
I have a 6 figure turn over annualy and ideally looking for a card with 20K+ as spending will be around 15K monthly.
Will be paying of balance weekly.
Have been banking in Chase for 3 + years but hear they are very conservetive with their limits.
Would love to hear you about your expreinces with them and any advice on getting higher CL is highly appreciated!
Personal CS 730 @ credit ulitilization of about 25% could make it smaller if it is a deal breaker.
Personal limit $10.500 on capital one + discover.
American Express or Chase probably give highest although recently someone posted $30k on Cap1 but that also reports to Personal Credit which is concern for many.
I run high 6 figures in revenue. Report very low 6 figures AGI. Chase gave me high 5 figures in limit on Ink Cash.
My BoA business cards were low 5 figures at the time I got my Chase Card.
Not sure if this info will help as I am in a way different boat, but Chase gave me $6500 on an Ink Cash when I told them my annual revenue was only $13000.
We got only $12K on Chase Ink when approved. Can't wait til CLI time. Our Capt 1 Spark limit is $16K. We use an Amex BCP for personal which has the highest limit $20K
I think Amex for Biz might give you the best.