cancel
Showing results for 
Search instead for 
Did you mean: 

Southwest Business Performance Approval

tag
Anonymous
Not applicable

Southwest Business Performance Approval

I wanted to share my details on the approval for this card, since it seemed to fall outside of most chase applications.

 

To start, scores are all just above 800. 

7/24 when applying for this card.

Chase southwest opened a month ago when at 6/24.

10 hard pulls. 4 of those are chase, 3 within the last year.

 

Registered my DBA about a week ago for online retail.

 

Filled out the application and was honest with everything. Personal income at 60k, annual business income at 1k (just a couple ebay sales). 

 

First card I was not instantly approved for. Got the dreaded "Contact you by mail within 30 days." I called the status hotline and after entering my SSN it would ask for my 16 digit card number before connecting me to an agent. Tried a few times throughout the day. 

 

Next morning got an email requesting proof of my EIN. Sent the letter from the IRS. Again, another dreaded "30 days by mail." Called again, same scenario.

 

Woke up the following day to an approval and should receive my card within 3-5 business days. Won't know the limit till it gets here.

Message 1 of 7
6 REPLIES 6
HeavyResist
Frequent Contributor

Re: Southwest Business Performance Approval

Wow, Mazel Tov on this approval at 7/24 @Anonymous ! And thanks for full description of the process you went through.







 
Message 2 of 7
Red1Blue
Super Contributor

Re: Southwest Business Performance Approval

Congratulations for your new card approval.

Message 3 of 7
Kasuito39
Frequent Contributor

Re: Southwest Business Performance Approval

Congrats on your approval. Patience and persitence pays!

Message 4 of 7
babygirl1256
Senior Contributor

Re: Southwest Business Performance Approval

Congrats on your Southwest Business Performance approval.

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 5 of 7
cashorcharge
Community Leader
Super Contributor

Re: Southwest Business Performance Approval

Nice to see a 5/24 exception on the business side. 
Congratulations on your Chase approval!🥂🎉🍾

Message 6 of 7
Cstevens79
New Visitor

Re: Southwest Business Performance Approval

Hi! Congrats on your approval! 

 

I got approved for the Southwest Business Visa Premier (I wasn't sure if I'd get approved for the Performance) with a 5k initial limit (only 1.5 yo business with low revenue, no previous Chase cards, 85k income) a few weeks ago. I charged half of a lease deposit for a commercial kitchen on it in the amount of 4300 two days ago, and paid it down to 5% utilization today. 

 

Do you mind telling your initial credit limit and if you've had a CLI since you were approved, and if so, when it happened?

 

Did you request it or did they do it automatically?

 

How much was the increase?

 

Were you using it heavily?

 

Were you paying in full to get the increase or keeping very low utilization?

 

I'm working up to apply for the Chase Business Ink cards. 

 

Thank you in advance, and I hope your business is thriving!

Message 7 of 7
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.