@URHomeInvestments
Despite my then existing relationship with Bank of America through personal checking, savings accounts, and credit cards, I believe my limited business credit history as an LLC (about 2 years) led to the denial of my application for unsecured business Advantage credit cards. As a result, I accepted their secured credit card offer, which required a $1,000 deposit. To my surprise, after a year, they upgraded the card to unsecured and returned my deposit, maintaining the same credit limit. Although they declined my repeated requests for a credit limit increase, I remained undeterred. I applied for their Advantage cards and was approved for three consecutive cards. After my fourth application was denied, I decided to pause my applications. Later, I contacted Bank of America to consolidate my credit lines, and they agreed, leaving $1,000 on the other lines.
While they also denied my application for a Business Line of Credit, they offered a secured option, which I accepted with a $5,000 deposit. It is now nearing its second year, and I am awaiting its upgrade to unsecured. In the meantime,
I have been approved for Citi Business Cards, including the Costco card with a $1,500 credit limit and the Aadvantage card with a $16,000 credit limit.
