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Started By
Message
Business Credit Card-- Chase Ink Cash
Posted on 5/3/16 at 8:36 am
Posted on 5/3/16 at 8:36 am
What a time to be alive! I have a LLC which I started a couple of months ago and contributed $1,000 worth of capital. I decided to apply for a Chase Ink card and was instantly approved for a $10,000 LOC. That's correct, my business, which has literally $1,000 to it's name was instantly approved for $10k LOC with 0% interest for 6 months ... I love America 
10
Posted on 5/3/16 at 8:39 am to Hoyt
My business has zero capital and it has an Ink Plus with a $21k limit. Reach for the stars 
Posted on 5/3/16 at 8:40 am to Joshjrn
What did you put in for annual business revenue?
Posted on 5/3/16 at 8:45 am to Hoyt
I honestly don't remember. That was a few years ago. Might have been zero.
And to clarify, I didn't start with that credit line. I got an Ink Bold with $12k and an Ink Plus with $10k. I recently closed the Bold and transferred most of the line of credit to the Ink.
And to clarify, I didn't start with that credit line. I got an Ink Bold with $12k and an Ink Plus with $10k. I recently closed the Bold and transferred most of the line of credit to the Ink.
Posted on 5/3/16 at 8:49 am to Hoyt
My business has $4,990 of debt and was approved for $25,500 with that exact same card.
fricking America. And to think that this stuff has been tightened since 2009...
fricking America. And to think that this stuff has been tightened since 2009...
Posted on 5/3/16 at 9:05 am to Hoyt
quote:
contributed $1,000 worth of capital
$1k too much. They don't care
.Posted on 5/3/16 at 9:57 am to LSUAfro
the only profit my business has ever made was the free $600 when signing up for the card and spending 5k in 3 months
Posted on 5/3/16 at 11:02 am to Hoyt
I got an Ink Plus card for signing up my soccer team. Claimed about $2000 in revenue and got a limit of $32k and 70k miles after three months.
Posted on 5/3/16 at 12:30 pm to Hoyt
Your business wasn't approved. You were.
Posted on 5/3/16 at 12:40 pm to VABuckeye
quote:
Your business wasn't approved. You were.
This.
12K CL Ink+, $100 Annual Revenue
Posted on 5/3/16 at 12:42 pm to Hoyt
quote:
have a LLC which I started a couple of months ago
The app went off of your personal credit
Posted on 5/3/16 at 3:12 pm to LSU6262
Business cards do not report on personal (my) credit reports, correct?
Posted on 5/3/16 at 4:28 pm to Hoyt
quote:
Business cards do not report on personal (my) credit reports, correct?
Most of them do. The cards that do not normally get reported to your personal credit are the CC's that are typically called "commercial or corporate" cards as opposed to "business" cards. These cards are generally approved with the submission of financials. If you did not submit tax returns, income stmts, balance sheets, etc, and all you gave was simple info like annual income, net worth, and mortgage payments, the card will most likely be reported to your personal credit from my experience.
Posted on 5/3/16 at 4:32 pm to Hoyt
Our nonprofit got $15k approved with ink business. I was shocked
Posted on 5/4/16 at 5:27 am to Hoyt
What is the best way to get approved with no business?
Posted on 5/4/16 at 5:59 pm to Sorrento Muddbugs
Lie
Posted on 5/4/16 at 11:44 pm to Hoyt
Just raked in the 60k bonus offer here. 
Posted on 5/5/16 at 5:23 pm to Hoyt
Thinking about making the jump and applying for this card.
Currently have the Arrival + that I put 3.5k a month on. Excluding the bonus, could I justify making the move based on UR points over Arrival miles?
Currently have the Arrival + that I put 3.5k a month on. Excluding the bonus, could I justify making the move based on UR points over Arrival miles?
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