No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I was declined at first at the time of application on Sunday night (04/02), but then today, Wed (04/05), I got a congratulation email stating that my business CC application was approved by BofA. Confused but happy. This is the first business CC application outside AMEX that I tried to apply. Do not know what the APR is but I logged in my personal checking and found out the card already showed up with $22,500 SL.
BTW, Does this BofA Biz CC report to any business credit bureau? I am hoping this can help me apply for Citi Business Costco Card since I was declined back in January this year.
Yes it should report to your Biz credit, not sure of reporting frequency. Very nice SL and approval, congratulations!
@arifjk wrote:I was declined at first at the time of application on Sunday night (04/02), but then today, Wed (04/05), I got a congratulation email stating that my business CC application was approved by BofA. Confused but happy. This is the first business CC application outside AMEX that I tried to apply. Do not know what the APR is but I logged in my personal checking and found out the card already showed up with $22,500 SL.
BTW, Does this BofA Biz CC report to any business credit bureau? I am hoping this can help me apply for Citi Business Costco Card since I was declined back in January this year.
Congratulations
Congratulations on the approval and the nice SL!
Congratulations!
I had pleasant experience as well, last week - in fact, just 2 days before you submitted your application.
I started with a secured Business Advantage Travel Rewards World Mastercard® credit card ($1,000) , then got unsecured around Sept '22
Had since requested for CLI several times, no go!
Tired of waiting, on 03/31/23, decided to submit an application for Business Advantage Unlimited Cash Rewards Mastercard® credit card, approved for $22,500. And while there, decided for Business Advantage Travel Rewards World Mastercard® credit card, approved $11,000, and then again for Business Advantage Customized Cash Rewards Mastercard® credit card, approved for $11,000.
Transunion pull - shows only 1 hard inquiry.
As for Citi Business Costco Card (I don't have the card), Citi Business also checks/relies on personal credit history. I have had no luck with Citi Business as well, while no issues with Citi Prestige/Citi ThankYou Preferred, and other Retail Services Commercial cards.
Congrats! (Came back here because research)
So @TyrannicalDuncery2 What is your next application going to be?
I'm stunned at the number of LOCs you have amassed, @ADMYFIC0
Any tips for BLOC applications? I'm waiting on business tax returns before I go app again.
I'm not sure how I missed your spree narrative from that year, but those were some mighty credit limits. I know nothing about the Business Advantage cards, so I'm off to learn more.
@URHomeInvestments I'm not ready to do business cards yet, plus I didn't realize that business preferred rewards is separate from personal. I don't yet understand the implications (if any) of holding a lot in a business brokerage account. If I go the business route, I think it will be in 2025 and I'll likely start with Ink Cash.
@TyrannicalDuncery2 side gigs count for business cards, if you have any money making activities that you do, even if small. I watched a lot of Mark J Kohler videos of how to form and grow a business from a side gig, onwards.
As for business cards, I got a small business CC from TD bank prior to finding this site ($6k to start). It reports to personal, so I didn't really help myself much. The Ink was the first purposeful business card I applied for and it has been a zinger. (Up to $23k or so in around 3 yrs)
I have done rental houses, fix and flips, AirBnb and so forth. I almost always need an A/C unit or stove or something, which keeps me here always digging...and paying forward.