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Apple Card CLI - $42K and data points

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TekkenQQ7
Established Contributor

Re: Apple Card CLI - $42K and data points

Congratulations on your approval!



Message 21 of 24
Aim_High
Super Contributor

Re: Apple Card CLI - $42K and data points


@jinglebellss wrote:

Unrelated Question: Why do you have relatively lower limits on biz cards?


Welcome to My FICO Forums, @jinglebellssSmiley Happy  

 

Yes, my personal limits are much higher than my business limits, and I've been asked about that before.  That's because while my personal limits are based more on my high household income, my business limits are based on my reported much lower business revenues from a small sole proprietor 'side gig.'  I've noted that a few of our members have the exact opposite situation where they have very high business limits but much more modest personal limits.  If I had reported higher revenues in the business card application (and been ready to document it if necessary), those limits might have started higher. It has appeared to me also that business cards tend to start with lower limits for most of us and grow well with heavy spend. So that is the other factor: I don't put heavy spend on my business cards since most of my spend is personal and I don't want my lenders to question it, although I've heard that AMEX and Chase are both pretty easy about charges on business cards. 


Business Cards


Length of Credit > 40 years; Total Credit Limits >$936K
Top Lender TCL - Chase 156.4 - BofA 99.9 - CITI 96.5 - AMEX 95.0 - NFCU 80.0 - SYCH - 65.0
AoOA > 31 years (Jun 1993); AoYA (Oct 2024)
* Hover cursor over cards to see name & CL, or press & hold on mobile app.
Message 22 of 24
Anonymous
Not applicable

Re: Apple Card CLI - $42K and data points

Congratulations on your CLI!

 
Message 23 of 24
Aim_High
Super Contributor

Re: Apple Card CLI - $42K and data points


@firefox100 wrote:

Congratulations very nice going have fun with it.

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@CreditAggie wrote:

Congratulations on your Apple Card CLI! I have always found your Apple Card data points to be fascinating. Smiley Happy


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@TekkenQQ7 wrote:

Congratulations on your approval!

  = = = = = = = = = = = = 


@Anonymous wrote:

Congratulations on your CLI!


Thanks so much @firefox100, @CreditAggie, @TekkenQQ7, and @Anonymous! Smiley Very Happy

 

I'm glad you've appreciated my Apple Card data points, @CreditAggie.  I find studying trend data points like that interesting myself but moreover hope they provide some help to others in the community.


Business Cards


Length of Credit > 40 years; Total Credit Limits >$936K
Top Lender TCL - Chase 156.4 - BofA 99.9 - CITI 96.5 - AMEX 95.0 - NFCU 80.0 - SYCH - 65.0
AoOA > 31 years (Jun 1993); AoYA (Oct 2024)
* Hover cursor over cards to see name & CL, or press & hold on mobile app.
Message 24 of 24
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