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New Intuit Business Card Approved

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fullstackdev
Established Contributor

New Intuit Business Card Approved

New business credit card from Intuit/WebBank that offers 2% cash back on all purchases and 5% on Intuit products (like Quickbooks). I've been waiting for it since they started teasing it in the QuickBooks app late last year. Applications must have opened this week. I was not instantly approved when I applied. I had to upload my ID and a document to verify my address. Approved via email 24 hours later for $27,500. No hard pull. Previous highest limit was my 9-year-old CapOne Spark 1.5% at $10,000. I'm pretty sure WebBank does not report business accounts to personal credit... I'll report back if this shows up on my personal reports. This will most likely replace my CapOne Spark 1.5% as our daily driver for non-category spend.

Rebuilding
Message 1 of 15
14 REPLIES 14
pizzadude
Credit Mentor

Re: New Intuit Business Card Approved


@fullstackdev wrote:

New business credit card from Intuit/WebBank that offers 2% cash back on all purchases and 5% on Intuit products (like Quickbooks). I've been waiting for it since they started teasing it in the QuickBooks app late last year. Applications must have opened this week. I was not instantly approved when I applied. I had to upload my ID and a document to verify my address. Approved via email 24 hours later for $27,500. No hard pull. Previous highest limit was my 9-year-old CapOne Spark 1.5% at $10,000. I'm pretty sure WebBank does not report business accounts to personal credit... I'll report back if this shows up on my personal reports. This will most likely replace my CapOne Spark 1.5% as our daily driver for non-category spend.


Congrats on the approval and nice CL !   Still no HP showing on any of your reports ?  Smiley Happy

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 15
SMB85
Contributor

Re: New Intuit Business Card Approved

I was just approved for this card as well. $7500 SL. No HPs. Looks like 2x soft pulls on Experian only. EQ and TU are frozen. I also had to upload ID and proof of address yesterday, and today received the approval. Instant access to the card via Apple Pay and provided the card number. You can request a physical card sent in the mail (it's not automatic).

Message 3 of 15
CalCashBack
Member

Re: New Intuit Business Card Approved

Big congrats again on the approvals. Super helpful data so far.

Quick questions if you don’t mind sharing:

  • Were you invited / pre-approved inside QuickBooks, or did you have to manually apply?

  • About what monthly revenue does your QuickBooks show? (rough range is totally fine)

  • Have you seen any terms of service link yet? Trying to figure out if this is a true credit card or more like a charge card.

  • Also curious what the card actually looks like — any chance you could share a quick screenshot?

Really appreciate it! Just doing some early research.

Message 4 of 15
CalCashBack
Member

Re: New Intuit Business Card Approved

Congrats on the approval as well!

If you get a chance, would love your take on the questions I posted above too. Trying to collect a few early data points since there’s no public offer page yet.

Appreciate it 🙌🏾

Message 5 of 15
JimmiS
Established Member

Re: New Intuit Business Card Approved

Please tell us the link to apply. I can't find it anywhere and Intuit is clueless about it.

Message 6 of 15
fullstackdev
Established Contributor

Re: New Intuit Business Card Approved


@CalCashBack wrote:

Big congrats again on the approvals. Super helpful data so far.

Quick questions if you don’t mind sharing:

  • Were you invited / pre-approved inside QuickBooks, or did you have to manually apply?

  • About what monthly revenue does your QuickBooks show? (rough range is totally fine)

  • Have you seen any terms of service link yet? Trying to figure out if this is a true credit card or more like a charge card.

  • Also curious what the card actually looks like — any chance you could share a quick screenshot?

Really appreciate it! Just doing some early research.

Thank you!

  • I was not formally invited or pre-approved. But I do remember "you're pre-qualified" copy somewhere in the app, probably the "Lending > Credit Cards" tab.
  • Monthly revenue ranges from $60K-$100K.
  • Funny enough, there was a CSS glitch on the card acceptance page, so the TOS copy was rendered as white text on a white background. With that said, I understand it to be a credit card with a firm credit limit. I consented to ongoing monitoring of my QuickBooks data, so I wouldn't be surprised if the credit line is reactive to major changes in QuickBooks data (like deposits in linked bank accounts plummeting, late fees on linked credit cards, or linked bank accounts going into the negative). 
  • I don't have the physical card yet, so I don't know what it looks like.
Rebuilding
Message 7 of 15
fullstackdev
Established Contributor

Re: New Intuit Business Card Approved

Correct, still no HP. All reports were open/thawed at the time of application. I specifically remember the copy stating no impact on personal credit and that they may pull business credit reports from SBFE.
Rebuilding
Message 8 of 15
fullstackdev
Established Contributor

Re: New Intuit Business Card Approved


@JimmiS wrote:

Please tell us the link to apply. I can't find it anywhere and Intuit is clueless about it.


QuickBooks Online > Lending > Credit Cards. 

Rebuilding
Message 9 of 15
cashorcharge
Community Leader
Super Contributor

Re: New Intuit Business Card Approved

Congratulations on your Approval!!👏🏼🍾🥂

Message 10 of 15
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