Originally Posted by sdsearch

No, it's because it's a business card. On personal cards, you have to limit your statement end usage to under 30% of your credit limit, or else your credit score goes down. But since business cards from most banks (including Chase) don't report to EQ/EX/TU, you can walk right up to using 99.99% of your credit limit on a business card without causing any problems.

And thus a $6k credit limit on a business card is essentially equivalent to a $20k credit limit on a personal card, because 30% of $20k is $6k. So on a $20k personal card, each month you'd have limit your statement amount to under $6k to avoid lowering your credit score. On a $6k business card, you have to limit your outstanding amount at any time to under $6k to avoid going over your credit limit.

And thus it has nothing do with the $199 annual fee, it has nothing do with Chase being sour about something you did, and everything having to do with major differences between personal cards and business cards.

All of my Chase business cards have had credit limits in that general ballpark, while all of Chase personal cards have had much higher limits. And that's also my story at several other banks where I've had both personal and business cards. The only bank that recently gave me a personal-size (5-digit) credit limit on a business card was Barclay, which doesn't have many business cards AFAIK (and the one they definitely have, the business AA Aviator, only got created within the past 2 years or so).