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[New Business] EST 4/27/2021 - Chase Ink Cash & AMEX Blue Plus Approval

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Ficoproblems247
Valued Contributor

Re: [New Business] EST 4/27/2021 - Chase Ink Cash & AMEX Blue Plus Approval

Congrats, and well done! Those are a great couple of cards to get you going! 





FICO 8 Sep '23 EX 755 EQ 765 TU 739
TCL $199,800
Message 11 of 14
SouthJamaica
Mega Contributor

Re: [New Business] EST 4/27/2021 - Chase Ink Cash & AMEX Blue Plus Approval


@dtran14 wrote:

Hi people, new business owner here.

 

Just opened my Chase BUS Checking last week alongside with a Chase Ink Cash approval for $3,000 limit.

 

Approved for an AMEX Blue Plus today for $2,000 limit as well. 

 

Curious why such low credit limits with a 780 score but I'm assuming the age of the business. 

 

Plan is to constantly max the card and pay in full and try to achieve other NET30 accounts to start building true history.


Congratulations. Seems to me that you're starting out at the top.

 

I've been in business many years and don't think I can get an Ink card if I stand on my head.


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 701 TU 704 EX 685

Message 12 of 14
alexgold9393
New Contributor

Re: [New Business] EST 4/27/2021 - Chase Ink Cash & AMEX Blue Plus Approval

Congrats, I also dont think you need any net30 accounts. Ive had to wait 6 months with 6 diff net 30 accounts to be approved for my first biz cc. Your ahead of the game by a long shot. 

 

Congrats and good luck


Open Accounts:


Message 13 of 14
Credit4Growth
Senior Contributor

Re: [New Business] EST 4/27/2021 - Chase Ink Cash & AMEX Blue Plus Approval

@dtran14  Congratulations on the new business and CC approvals!

Best of luck going forward! ✌

 

I would think @alexgold9393 and @GApeachy  are giving very good advice for the circumstances.  I will strongly consider it for my entities and most likelybegin business credit with PG CCs vs Net 30s unless anyone else has additional tips to share. 

Message 14 of 14
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