Originally Posted by
flyer4512
Because I literally have 5 plus times the personal credit as business credit with Chase and find they hand out personal credit ( at least to me as a SP with no legit business) MUCH easier
For example, my wife got a Hyatt personal and business in the past few weeks
The Business card was first and came with ( the minimum) to get approved $5k CL.
The personal was approved today with $31,600
My thoughts are that our next business cards may involve us moving credit from one business card to another whereas I can't see personal being an issue and lowering personal credit limits has always resulted in instant approval
YMMV
Yeah, I now have more business credit than I ever thought I would get. Last year i sold one rental property and 2 months later bought another. While i was in between the cash sat in the LLC checking account. Gained well over 100k of business credit while the cash was there, between P1 and P2