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How to get WEX without a PG

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CreditGuy03
Established Contributor

How to get WEX without a PG

I applied this past week. Have 2 accounts showing. Have been in business about a year.

 

They conditionally approved but they want a $500 deposit. Is there a way to get around this? How many accounts need to show up before they approve?

Equifax - 628, Experian -627, Transunion- 654 In the garden until 01/01/2019
Message 1 of 7
6 REPLIES 6
Anonymous
Not applicable

Re: How to get WEX without a PG

A secured gas card kind of defeats the purpose. Can do that with any bank card for that matter. Wells Fargo secured business card comes to mind. Have you tried others?

Message 2 of 7
spiritcraft1
Valued Contributor

Re: How to get WEX without a PG

Who do you have reporting?  You likely need a couple / few more.  I was turned down for one of their cards a year agou but they approved for a $19.5k Shell Fleet recently.    The good think is, you can keep trying within limits as there is no Hard Pull per se.


Biz |
Current F08 -
Current 2,4,5 -
Current F09 -
No PG Biz Credit in Order of Approval - Uline, Quill, Grainger, SupplyWorks, MSC, Amsterdam, Citi Tractor Supply Rev .8k, NewEgg Net 30 10k, Richelieu 2k, Wurth Supply 2k, Global Ind 2k, Sam's Club Store 11.k, Shell Fleet 19.5k, Citi Exxon 2.5k, Dell Biz Revolving $15k, B&H Photo, $5k

Message 3 of 7
CreditGuy03
Established Contributor

Re: How to get WEX without a PG

So far Uline and Strategic are reporting to Experian.

 

Still waiting for grainger, quill, summa, supplyworks to show up. 

 

Nothing is reporting on DnB yet.

 

Applied for the RaceTrac Universal Card. Should I have gone for the normal Fleet card backed by Wex?

Equifax - 628, Experian -627, Transunion- 654 In the garden until 01/01/2019
Message 4 of 7
Anonymous
Not applicable

Re: How to get WEX without a PG

No. You should wait until your accounts report to D&B.
Message 5 of 7
Anonymous
Not applicable

Re: How to get WEX without a PG

Like others have stated slow your roll and wait for your Paydex to show. Right now on paper youre still a newbie. Usually from what I've seen people wait till they get to teir 2 (5+ TLs reporting) before they start apping for gas and fleet cards.

Message 6 of 7
spiritcraft1
Valued Contributor

Re: How to get WEX without a PG


@CreditGuy03 wrote:

So far Uline and Strategic are reporting to Experian.

 

Still waiting for grainger, quill, summa, supplyworks to show up. 

 

Nothing is reporting on DnB yet.

 

Applied for the RaceTrac Universal Card. Should I have gone for the normal Fleet card backed by Wex?


Likely yes.  I think the universal cards, especially those branded MC or Visa are way harder to get unless you PG.


Biz |
Current F08 -
Current 2,4,5 -
Current F09 -
No PG Biz Credit in Order of Approval - Uline, Quill, Grainger, SupplyWorks, MSC, Amsterdam, Citi Tractor Supply Rev .8k, NewEgg Net 30 10k, Richelieu 2k, Wurth Supply 2k, Global Ind 2k, Sam's Club Store 11.k, Shell Fleet 19.5k, Citi Exxon 2.5k, Dell Biz Revolving $15k, B&H Photo, $5k

Message 7 of 7
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