@Creditaddict wrote:
@GApeachy wrote:LLC falls under the same verification rule as S-Corp.
Did any CSR ask you to sign the Beneficial Ownership for the Co-branded Sam's MasterCard? (not for pg but for verification purposes) If not, this could be the verification problem. If you didn't sign you could have them email docusign and then recon.
New rule effective May 11, 2018
https://thepointsguy.com/news/business-card-application-beneficial-owners/
Some Credit Situations Are Exempt
- During point-of-sale credit applications, which includes store credit cards. “The point of sale exemption is provided for retail credit accounts opened to facilitate purchases made at the retailer because of the very low risk posed by opening such accounts at the brick and mortar store,” FinCEN says.
Recon with Sync! LOL
I have direct business Lending and Business Verification numbers that they don't even give the store associates and they do not have any power once computer has ruled!
I call verification each application but then they ask me nothing... I've been told the computer dictates what it wants them to verify.
LOLOL CA...You're so right! Once the computer has "spoken", thats it!!! LOL....
ahhhh, this has been a thorn in your side for years now!! Seriously....I don't know what to do or say. I tried about a year and half ago for the Biz MC in store, and I think you remember my fiasco because I called you!! LOL.... 2 hours in store on the phone for verification, and I had all my paperwork with me as I came prepared to do battle!!
At my location, there is a specific "business mangager" , along with the store manager who helps manage the business customers, and he told me next time I wanted to apply to call him, make an appointment to come in and we would do the application back in his office. He apparently knew the issues, and how to get around some of that. So, try asking for the contact number to your "business manager" of your particular store. 