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I'm slowly moving most of my credit card business from Amex to Chase and I'm wondering how high do their limits go?
I have a Chase Ink Unlimited @ $50,000.00 and A Chase Ink Preferred @ $20,000.00. I also have a CSP Personal card with a $17,600.00 limit.
Total Chase exposure $87,600.00.
I've heard that it requires an account review now to get approved once you move beyond $50,000 in credit card exposure. Pre 50k exposure they'll give you a line soley on income and qualifying scores. After that they look at the ratios seriously.
I'm at 89.8k with 16k of that business. Some on here have a reverse data point from what I've been reading.
I have chase business unlimited with 89.8k credit limit. I started out at 25k and they moved it to 89.8 automatically. It's been at that limit for about three years with no change, but that limit works well for my business and the rewards are great as well.
@Citylights18 wrote:I've heard that it requires an account review now to get approved once you move beyond $50,000 in credit card exposure. Pre 50k exposure they'll give you a line soley on income and qualifying scores. After that they look at the ratios seriously.
I'm at 89.8k with 16k of that business. Some on here have a reverse data point from what I've been reading.
@Citylights18 wrote:I've heard that it requires an account review now to get approved once you move beyond $50,000 in credit card exposure. Pre 50k exposure they'll give you a line soley on income and qualifying scores. After that they look at the ratios seriously.
I'm at 89.8k with 16k of that business. Some on here have a reverse data point from what I've been reading.
I imagine the account review is profile specific and YMMV. Chase approved me for over $138K limits in mostly personal but also some business ($9K INK Cash) and never required an account review. Same goes for AMEX, as many recent data points indicate a financial review is very common at or above $35K. They allowed one card with me to grow to $75K before requesting data to go higher.
* My business credit limits are lower than personal since they are based on a small sole proprietorship side business that is low revenue - low part of my total household income.
Seeing the above two data points so close together ($89.8) makes me wonder if Chase has a business card glass ceiling of around $89.9K similar to Bank of America's $99.9K typical upper limit without high spend or assets?
I'm at 93.5k in total exposure. Ink Cash, Unlimited, & A preferred.