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Got approved last month for a WF Business Platimun card with a $25,000 credit limit. Added an emaployee card, but they split the CL between the two cards. Is it standard practice for Wells Fargo to do this? AMEX and Chase business cards share the same credit limit.
Also, does anyone know if WF business cards report on personal credit reports.
@soonerstu wrote:Got approved last month for a WF Business Platimun card with a $25,000 credit limit. Added an emaployee card, but they split the CL between the two cards. Is it standard practice for Wells Fargo to do this? AMEX and Chase business cards share the same credit limit.
Also, does anyone know if WF business cards report on personal credit reports.
Speaking for Chase Business ... there is one credit limit and the primary card holder can assign limits to each card with the total of all cards not exceeding the maximum credit line for the account.
Congrats on your Wells Fargo Business Platinum card approval . . . splitting a limit on a business card is interesting, seems like it should be up to the card holder as to the employee's limit!!!