Apr 29, 2020, 12:53 pm
Last edit by: mia
In April 2020 Chase criteria for approving BUSINESS card applications have become more stringent. All Chase INK products are business cards. Chase also issues co-branded business cards for United Airlines and Southwest Airlines.
Chase business cards are subject to the 5/24 restriction. Approval of a Chase business application has not increased the N/24 count, but there are a few reports in the 4th quarter of 2022 that this may have changed, review THIS thread. There will always be some uncertainty, because 5/24 is an unpublished rule which Chase can modify without notice or explanation.
For general information about applying for Chase cards, including explanation of the unpublished 5/24 rule, please review the Wikipost of the PERSONAL card thread: HERE
Anyone can apply for a business card as a sole proprietor. If your business has a registered company name, which Chase can verify, you may use the name to apply. Otherwise, use your legal First and Last name as the business name. Do not add any extra words, do not use a made up name. If Chase cannot verify the name the application will fail.
Useful Chase telephone numbers
(888) 269-8690 - Business Credit Card Application Status Line, automated
(800) 453-9719 – Business Credit Card Reconsideration Line with live rep
(800) 453-9719 – Credit Reallocation Office (Business cards)
(888) 622-7547 – Executive Offices
Twitter: @ChaseSupport
Note: In the past, automated telephone status reports stating that Chase would notify you in 2 weeks often resulted in an approval, whereas the "7-10 days" telephone recording often indicated imminent denial. In 2016, this pattern became increasingly unpredictable, with many applicants receiving approval despite an earlier "7-10 days" automated telephone message. As a result, automated telephone responses should not be regarded as reliable indicators of an application's likely outcome.
?? Chase business credit cards [must / may] use [the same / a different] user name [as / from] personal cards. The same [applies / does not apply] to the e-mail address used. ??
Chase business cards are subject to the 5/24 restriction. Approval of a Chase business application has not increased the N/24 count, but there are a few reports in the 4th quarter of 2022 that this may have changed, review THIS thread. There will always be some uncertainty, because 5/24 is an unpublished rule which Chase can modify without notice or explanation.
For general information about applying for Chase cards, including explanation of the unpublished 5/24 rule, please review the Wikipost of the PERSONAL card thread: HERE
Anyone can apply for a business card as a sole proprietor. If your business has a registered company name, which Chase can verify, you may use the name to apply. Otherwise, use your legal First and Last name as the business name. Do not add any extra words, do not use a made up name. If Chase cannot verify the name the application will fail.
Useful Chase telephone numbers
(888) 269-8690 - Business Credit Card Application Status Line, automated
(800) 453-9719 – Business Credit Card Reconsideration Line with live rep
(800) 453-9719 – Credit Reallocation Office (Business cards)
(888) 622-7547 – Executive Offices
Twitter: @ChaseSupport
Note: In the past, automated telephone status reports stating that Chase would notify you in 2 weeks often resulted in an approval, whereas the "7-10 days" telephone recording often indicated imminent denial. In 2016, this pattern became increasingly unpredictable, with many applicants receiving approval despite an earlier "7-10 days" automated telephone message. As a result, automated telephone responses should not be regarded as reliable indicators of an application's likely outcome.
?? Chase business credit cards [must / may] use [the same / a different] user name [as / from] personal cards. The same [applies / does not apply] to the e-mail address used. ??
Applying for Chase BUSINESS Cards (April 2020 - 2022)
Sep 19, 2020, 6:58 am
#76
Join Date: Feb 2011
Location: NYC suburbs
Programs: UA LT Gold (BIS), AA LT Plat (CC SUBs & BD), Hilton Dia (CC), Hyatt Glob (BIB), et. al.
Posts: 3,290
On the same day I received a couple of thin one page denial letters, I also received a thin one page acceptance letter from the medical school I attended. I can still remember (as I opened it about 40 years ago) thinking “oh sh-t, another thin one, not good”.
Never say never, never say always!
Sep 19, 2020, 1:18 pm
#77
Join Date: Aug 2001
Location: SFO
Programs: AC SE, AA EXP MM, UA Gold MM, Hyatt Glob, Marriott Titanium, HH Dia, IHG Plat
Posts: 4,777
Chances with Chase BIZ (and Personal) Checking Accounts, CPC Status and >800 Credit?
OK, the business is only 6 months old and it's simply my first and last names. Deposits to Biz Checking have been $15-20K in that time, partly balanced with withdrawals. Will shortly have around $400K in CPC holdings, plus an annuity. We also have a mortgage with Chase.
I'm looking for a second Ink Cash card, this one in my name (my existing card uses my registered dba which has no associated business checking account).
Q:
I'm looking for a second Ink Cash card, this one in my name (my existing card uses my registered dba which has no associated business checking account).
Q:
- What are my chances?
- Would it help to apply in-branch? If denied, can I follow up in-branch?
Sep 20, 2020, 9:04 pm
#78
FlyerTalk Evangelist
Join Date: Jan 2005
Location: home = LAX
Posts: 25,933
Some links to relevant posts on DoC, about Chase starting to reverse some of what they did back in April:
Chase Approving More Business Credit Card Applications
Chase No Longer Requiring You To Login To Apply For Business Cards
Sep 21, 2020, 9:01 am
#79
Join Date: Aug 2018
Location: Chicago
Posts: 318
I just applied this morning and got 'We need to review your request a little longer. We will let you know of our decision as soon as possible'
I applied with a 2 year old SP with ~$5K revenue. I already have the other two ink cards.
This is a better result than when I applied about 45 days ago and got an instant denial.
...I'll report back! Fingers crossed
I applied with a 2 year old SP with ~$5K revenue. I already have the other two ink cards.
This is a better result than when I applied about 45 days ago and got an instant denial.
...I'll report back! Fingers crossed
Sep 21, 2020, 9:59 pm
#80
FlyerTalk Evangelist
Join Date: Dec 2002
Location: Danville, CA, USA;
Programs: UA 1MM, WN CP, Marriott LT Plat, Hilton Gold, IC Plat
Posts: 15,721
Some links to relevant posts on DoC, about Chase starting to reverse some of what they did back in April:
Chase Approving More Business Credit Card Applications
Chase No Longer Requiring You To Login To Apply For Business Cards
anybody with a new business (like me) with no income yet is just wasting a credit inquiry.
the bloggers promoting these accounts (with referral links) who don’t disclose the requirements are very disingenuous
Sep 21, 2020, 10:07 pm
#81
FlyerTalk Evangelist
Join Date: Jan 2005
Location: home = LAX
Posts: 25,933
read the posts - you will see that most of those approved already had Chase business cards and/or could prove they had a real business (with income) that had been operating for at least a year. A business checking account is a positive factor too.
anybody with a new business (like me) with no income yet is just wasting a credit inquiry.
the bloggers promoting these accounts (with referral links) who don’t disclose the requirements are very disingenuous
anybody with a new business (like me) with no income yet is just wasting a credit inquiry.
the bloggers promoting these accounts (with referral links) who don’t disclose the requirements are very disingenuous
Some of those types of people you mention getting approved now were still types of people who were getting denied in previous months (especially those who had Chase business cards but not the provable business income). And Chase had even higher demands on the business age in previous months as I recall (just one or two years wan't cutting it in many cases).
Sep 24, 2020, 6:09 am
#82
Join Date: Mar 2008
Posts: 77
Follow up: I got my welcome email today, 10 days after application. RR Performance Business. Never received a rejection or had to call for reconsideration. To recap, I applied as a sole prop in existence for about 3 years with annual rev of around $70k. This is my first Chase biz card, but I have had a Sapphire Reserve for a couple years.
Now I’m in a slight pickle. I need my 70k points to post in January 2021 for companion pass, but because I was approved so quickly I’m a shade more than 3 months away from Jan 1. I haven’t received the cards yet. I’m told there is a grace period so if I can get even 10 days I should be good. I’ll call after I get the cards in the mail.
Now I’m in a slight pickle. I need my 70k points to post in January 2021 for companion pass, but because I was approved so quickly I’m a shade more than 3 months away from Jan 1. I haven’t received the cards yet. I’m told there is a grace period so if I can get even 10 days I should be good. I’ll call after I get the cards in the mail.
Sep 24, 2020, 7:38 am
#83
Join Date: Sep 2011
Posts: 1,857
Follow up: I got my welcome email today, 10 days after application. RR Performance Business. Never received a rejection or had to call for reconsideration. To recap, I applied as a sole prop in existence for about 3 years with annual rev of around $70k. This is my first Chase biz card, but I have had a Sapphire Reserve for a couple years.
Now I’m in a slight pickle. I need my 70k points to post in January 2021 for companion pass, but because I was approved so quickly I’m a shade more than 3 months away from Jan 1. I haven’t received the cards yet. I’m told there is a grace period so if I can get even 10 days I should be good. I’ll call after I get the cards in the mail.
Now I’m in a slight pickle. I need my 70k points to post in January 2021 for companion pass, but because I was approved so quickly I’m a shade more than 3 months away from Jan 1. I haven’t received the cards yet. I’m told there is a grace period so if I can get even 10 days I should be good. I’ll call after I get the cards in the mail.
Sep 25, 2020, 9:34 am
#84
Join Date: Aug 2018
Location: Chicago
Posts: 318
I just applied this morning and got 'We need to review your request a little longer. We will let you know of our decision as soon as possible'
I applied with a 2 year old SP with ~$5K revenue. I already have the other two ink cards.
This is a better result than when I applied about 45 days ago and got an instant denial.
...I'll report back! Fingers crossed
I applied with a 2 year old SP with ~$5K revenue. I already have the other two ink cards.
This is a better result than when I applied about 45 days ago and got an instant denial.
...I'll report back! Fingers crossed
Sep 25, 2020, 9:36 am
#85
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,955
Sep 25, 2020, 4:46 pm
#87
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,955
Worth a call then to clarify what is wrong with your business's structure.
Sep 25, 2020, 6:15 pm
#88
Join Date: Aug 2018
Location: Chicago
Posts: 318
that’s a good suggestion!
I just got off a 45 min phone call with the reconsideration line. They asked me a bunch of questions about my personal income and business. They said that they’re going to escalate to a senior analyst and will get back To me in 1-2 weeks. Not super optimistic, but at least they’re opening it back up.
I’ll let folks know what i hear
I just got off a 45 min phone call with the reconsideration line. They asked me a bunch of questions about my personal income and business. They said that they’re going to escalate to a senior analyst and will get back To me in 1-2 weeks. Not super optimistic, but at least they’re opening it back up.
I’ll let folks know what i hear
Sep 25, 2020, 7:08 pm
#89
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,955
Did they explain what is wrong with you business structure?
Sep 25, 2020, 8:11 pm
#90
Join Date: Aug 2007
Location: Truth or Consequences, NM
Programs: HH Diamond, Marriott Titanium, Hertz President's Circle, UA Silver, Mobile Passport Unobtanium
Posts: 6,193