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@jinglebellss wrote:Unrelated Question: Why do you have relatively lower limits on biz cards?
Welcome to My FICO Forums, @jinglebellss.
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.
Congratulations on your CLI!
@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.
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@TekkenQQ7 wrote:Congratulations on your approval!
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@Anonymous wrote:
Congratulations on your CLI!
Thanks so much @firefox100, @CreditAggie, @TekkenQQ7, and @Anonymous!
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.