It's now official! Yesterday I saw the business rewards show up in my online account but the actual credit account didn't. I decided to wait a while before calling this afternoon. The operator at first thought I had 2 accounts, because it shows up as a Mastercard account with a sub-account. In reality, it's just one card, unless I add another. I asked about adding it to my Apple Wallet and the operator said that wouldn't be possible until the card was activated. That wasn't going to be a problem because...
Less than an hour later, I got a Priority Mail Express envelope that was just sent yesterday from Omaha, Nebraska with the card! It's a black plastic card, and IMHO it has a very elegant design - it's better looking in person than online.
Getting the card by overnight mail was an unexpected but pleasant surprise, especially for a no-AF card. I didn't need to sign for it (although the post office put the cardboard envelope it in my mailbox - ugh). Today is Saturday, so it was less than a week between the time I applied for the card this past Sunday. I don't know if I got it overnight because of the amount of time for them to do the review, or if they're overnighting it for everyone.
(It was delayed by one additional day because the approval department didn't see that I had given my IRS EIN letter until the day after my local branch scanned it. I got an email on Thursday to contact them, and after I called back, they saw it was put into their system. I got confirmation that the account was approved on Friday.)
I also see in my online account that I have 98 days to qualify for the $500 SUB. Sweet!
Stats: I had applied for cards with BofA and US Bank in the 2 weeks before I applied. I believe they used Experian FICO 9, and my F9 score from my US Bank application on 4/28/24 was 718. When I ran the Wells Fargo application, my inquiries were 15/24 (2 of those inquiries could probably be cancelled out for car shopping), 6/12 and 2/6.
My current APR after the 12-month 0% intro period is 26.49%, and the SL is still $5,000, which is enough for now. My total personal credit lines are $96,950 (after my $3K Best Egg card dropped off from lack of use), and my business card lines are now $12,200. So while my personal credit is still under $100K, my total credit lines are now past that benchmark, at $109,150. 😳
It's interesting that this rebuilding journey happened because I wasn't able to make a business purchase with credit back in 2020. I could now make that investment dozens of times over with my available credit. (Paying all of that off would take some additional creativity. 😁)
