Sam's Club Business Mastercard #2

[BizCreditHunter]

The "#2" in the title does mean that we were issued a second Sam's Business Mastercard. We are Type 1 so have the lowest rates on both cards. The first card is from 2018 and has a $15,000 limit and I could never get it increased. I just applied for the Business Mastercard via the Sam's Club website and was instantly approved for $10,000.

I did not know that they would allow two Mastercard accounts to one business. Unfortunately, this one I had to do a personal guarantee (as I didn't see the option on the screen to not have a PG).

Data Points:

D&B PAYDEX: 80

Experian Biz: A

Equifax Biz: B

Personal Score: 700+

Inquiries on Transunion: LOL/24 (HARD PULL FROM TRANSUNION)

[JoeRockhead]

Congratulations on your approval!

[BigBS]

Congrats!

[cashorcharge]

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@BizCreditHunter wrote:

The "#2" in the title does mean that we were issued a second Sam's Business Mastercard. We are Type 1 so have the lowest rates on both cards. The first card is from 2018 and has a $15,000 limit and I could never get it increased. I just applied for the Business Mastercard via the Sam's Club website and was instantly approved for $10,000.

I did not know that they would allow two Mastercard accounts to one business. Unfortunately, this one I had to do a personal guarantee (as I didn't see the option on the screen to not have a PG).

Data Points:

D&B PAYDEX: 80

Experian Biz: A

Equifax Biz: B

Personal Score: 700+

Inquiries on Transunion: LOL/24

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Thanks for sharing @BizCreditHunter 

To the best of my past knowledge, you could only apply for the Sam Club Business card in person at the store on a tech device....there was no way to apply online from your home/office.  

Can you tell me, did they do a HP on your personal?  You noted it had to be PG so I'm curious if they did a HP to approve you or not and I also wonder if you can bypass the PG if you go to the store to apply...like how I was familiar.

Any additional details would be great

AND.....WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂

[BizCreditHunter]

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@cashorcharge wrote:

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Thanks for sharing @BizCreditHunter 

To the best of my past knowledge, you could only apply for the Sam Club Business card in person at the store on a tech device....there was no way to apply online from your home/office.  

Can you tell me, did they do a HP on your personal?  You noted it had to be PG so I'm curious if they did a HP to approve you or not and I also wonder if you can bypass the PG if you go to the store to apply...like how I was familiar.

Any additional details would be great

AND.....WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂

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It was a soft-pull pre-approval but a hard pull after. I don't know which came first or if they ever really did the "alleged" soft-pull. They pulled my personal Trans Union, and the D&B and Equifax Business Risk scores.

As I wrote above, I didn't see any way to bypass the PG with the online application.

Hard Inquiry on TU is listed as SYNCB/SAMSBR. They also tried to do a hard inquiry on my EX as EXPERIAN BUSINESS CRED.

[cashorcharge]

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@BizCreditHunter wrote:

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@cashorcharge wrote:

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Thanks for sharing @BizCreditHunter 

To the best of my past knowledge, you could only apply for the Sam Club Business card in person at the store on a tech device....there was no way to apply online from your home/office.  

Can you tell me, did they do a HP on your personal?  You noted it had to be PG so I'm curious if they did a HP to approve you or not and I also wonder if you can bypass the PG if you go to the store to apply...like how I was familiar.

Any additional details would be great

AND.....WooHoo!! Congratulations on your Approval!!👏🏼🍾🥂

---

It was a soft-pull pre-approval but a hard pull after. I don't know which came first or if they ever really did the "alleged" soft-pull. They pulled my personal Trans Union, and the D&B and Equifax Business Risk scores.

As I wrote above, I didn't see any way to bypass the PG with the online application.

Hard Inquiry on TU is listed as SYNCB/SAMSBR. They also tried to do a hard inquiry on my EX as EXPERIAN BUSINESS CRED.

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Thanks so much for the update @BizCreditHunter 

[sweetpunch]

Bypassing PG needs a store application.  PG choice is on the downloadable application form.

[ADMYFIC0]

Thank you for sharing this. Have been waiting for the online application. 

Took the hit on transunion...

Approved with Temporary Credit Line $5000.00.

[BizCreditHunter]

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@ADMYFIC0 wrote:

Thank you for sharing this. Have been waiting for the online application. 

Took the hit on transunion...

Approved with Temporary Credit Line $5000.00.

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Mine was the same... temporary credit line of $5,000 plus $30 rebate if purchased something within 30 days (or something like that).

[TMDSCT]

Decided to step through the online app and noticed when the EIN field actually has my SS number in it, instead of my business EIN and since I didn't PG both my Sams business cards (Store & MC) I'm trying to figure out how they have my SS number and pre-filling the field with it.  I am also starting to wonder if this is the reason I've been denied a CLI the last 2 times I've asked for one, with letter sighting my business type is high risk and a few other BS reasons that make no sense.  I'm calling them next week to see why they have my SS number on a business liability only account that I never gave them my ss one.