Looking for some App advice.. Business Cards.

[Anonymous]

Trying to decide best course of action after some balances report as zero next week so credit is going to jump about 15 points (based on EQ and EX FICO simulators). Everything will be 750+.

I just applied and was approved/denied for these cards (scores 719 EX, 730 Trans, 745 EQ)
1) Citi Business AAdvantage (Denied): Told there were too many inquiries. Had 4 a year ago, and 2 right before the Citi APP.

2) Amex Amazon Prime Business (Approved): $3000 limit, going to call once card arrives for RECON on SL.

3) Amex Business Blue (Approved): $2000 limit, same as above

4) Bank of America Business (pending)

5) Barclays Business (denied): There was no inquiry on any bureau, and they informed no recon until letter arrives.

6) USBank business (denied): They recently closed my 6 year old Secured personal card because a friend added me as an AU and then removed me, so thinking that is why

7) PNC Business (pending)

8) Suntrust Business (pending)

Any thoughts on best bets, with only the AMEX cards approved at such low limits, and everything else pending or denied, I'm at a loss. Especially with the scores the way they are, and low util on any cards.

Thinking NFCU and possibly Chase.. but which Chase... and any other ideas?

[SouthJamaica]

---

@Anonymous wrote:

Trying to decide best course of action after some balances report as zero next week so credit is going to jump about 15 points (based on EQ and EX FICO simulators). Everything will be 750+.

I just applied and was approved/denied for these cards (scores 719 EX, 730 Trans, 745 EQ)
1) Citi Business AAdvantage (Denied): Told there were too many inquiries. Had 4 a year ago, and 2 right before the Citi APP.

2) Amex Amazon Prime Business (Approved): $3000 limit, going to call once card arrives for RECON on SL.

3) Amex Business Blue (Approved): $2000 limit, same as above

4) Bank of America Business (pending)

5) Barclays Business (denied): There was no inquiry on any bureau, and they informed no recon until letter arrives.

6) USBank business (denied): They recently closed my 6 year old Secured personal card because a friend added me as an AU and then removed me, so thinking that is why

7) PNC Business (pending)

8) Suntrust Business (pending)

Any thoughts on best bets, with only the AMEX cards approved at such low limits, and everything else pending or denied, I'm at a loss. Especially with the scores the way they are, and low util on any cards.

Thinking NFCU and possibly Chase.. but which Chase... and any other ideas?

---

You should not be applying for any more cards, for a long long time.

[ToughFistFight]

I agree with SJ. No more apps.

[CreditCuriosity]

Agree way to aggressive and seeming needy.  Best of luck with your pending apps.. Recon wont work with Amex either give it 90 days and can request a CLI on ONE card for 3x and possibly get it.  Also cross chase off your list if you have opened more then 5 cards in last 24 months other then possibly the marriott business card.

[Anonymous]

Update(11/14/18)*... as it may help others looking for Business Credit. To be honest, I am attempting to do what the Fund&Grow type companies out there do without forking over either 9% of the credit card limits approved, or 3.5k upfront. I have known multiple people with lower scores to get 50-60k in first round of applications, and then increases and new cards 3 months later to bring it up past 100k. Just refuse to pay 3,500 to have someone submit card apps and then call recon lines to "negotiate." I'm really looking for a couple more cards that people really like to apply for still.. I am fine with the 5/24 Chase. Only 4 new accounts on personal in last 24 months. The Amex cards were approved without a HP. I only have two inquiries in last year on Experian. Hopefully someone maybe has gone down the F&G path, or understands what I'm doing and has some advice on good banks to go after now or 90 days from now? NFCU business? Keybank? etc...?

1) Citi Business AAdvantage (AWAITING RECON): They said it was denied because of Equifax Business Report, though our company did not have a file with Equifax, hence the Recon.
2) Amex Amazon Prime Business (Approved): $3000 limit *(Now $7000). Spoke to AMEX and said can request higher starting limit once card arrives.

3) Amex Business Blue (Approved): $2000 limit *(Rep said can increase in 90 days)

4) Bank of America Business: Requested way too much.. 2-year accountant prepared personal returns, and 3 years of business returns.. no thanks!

5) Barclays Business (denied): There was no SP or HP inquiry on any bureau. *(Got letter because they pulled a card 6 months ago becuase Credit Score went down because the month they pulled I happened to have 90% utilization)

6) USBank business (Approved): First got a denial auto message online, then 2 days later an approval email *(5k)

7) PNC Business (Approved): 5k

8) Suntrust Business (cancelled): They never pulled... not moving forward, they want business docs and to sign a physical app in branch.
9) Chase Marriott Business Card (Approved): App Online. Experian was locked, pulled Trans (9 inquiries). Got 30-days email. Didn't call for Recon, just called online app status... 12k Approved!

*Can't edit signature yet. All Bureaus 750-760 Fico 08*

[thisladyz]

---

@Anonymous wrote:
6) USBank business (Approved): First got a denial auto message online, then 2 days later an approval email.

7) PNC Business (Approved): 5k

Did either of the above hard pull on your personal credit? What did you need to apply (in person/online?)

---

[Creditaddict]

You can request a CLI on 1 and only 1 of the Amex cards upon arrival... if the goal is the largest limit and you can't request more than 3x, I would ask on your $3k limit.

If it's denied, wait 62 days and do it again.

Once you get a cli approval, it's 6 months before any card is eligible again.

Synchrony cards are the easiest to get large CLI on through Credit Department.

[Anonymous]

Appreciate it.. I went conservative (should have gone 3x).. got 7k on the 3k card. Rep told me I can request on other card in 90 days.

And going to apply for the **Synchrony** Sam's Business MC this week.. and then done for 90 days.

[Anonymous]

US Bank and PNC = Both HP

Both online Applications.

US Bank was weird. Got instant denial online. Then the approval in email. Already have card. Going to leave the higher SL call till 90 days, just so no one starts looking back in history to old card somehow. Best leave sleeping dogs to where they are.

PNC called to verify some business info (not financial), then rep approved then without telling us limit.

Both just needed LLC and EIN, etc...

We have an 11 year old LLC, but new EIN. And we have a separate business address (I think this helped a lot).

[Anonymous]

Looks like you applied for just about everything. Note on the Amex cards they are only going to give you an increase on one of them.  Once you get an increase on one you have to wait 6 months for an increase on any card.