Ink Business Preferred® Credit Card. Personal Cards. 100k offer: earn 100,000 Ultimate Rewards (UR) points after spending $15,000 within the first 3 months of card membership. I called recon again the next day, they reviewed it and approved my card! Chase’s infamous 5/24 rule does apply to business cards like the Ink Preferred so you’ll need to have applied for fewer than five credit cards in the last 24 months to be eligible for it. Chase Ink Preferred has cell phone protection, and category bonus for utilities, phone and shipping. If you are John Smith, the name on the application should be John Smith. Make sure to use Rankt.com when applying if not self referring. Chase Ink Cash has 5x Office Supply, and 2x gas year round. Apply today. I used my DBA name and EIN in the top part of the app (even though it states to use SSN if applying as sole proprietor) and in the bottom personal section I used my SSN. Minimum Value: $1,437.50 — If the Ink Preferred is the only Ultimate Rewards card you hold, the 1.25¢ per point redemption value via the Chase Travel Portal guarantees you a return of $1,437.50 from the 115,000 points you take home after meeting the minimum spend. Here's the flyertalk discussion about this. You get 60,000 Ultimate Rewards points after you spend $4,000 in purchases within the first three months. Do you use your name as the business name for both an SSN application and an EIN application (in order to get 2 CIP's)? The Chase business reconsideration line phone number is 1-800-453-9719 and it is … So the 100k highest sign-up bonus could be worth about $1,600! I had them rush it and had it in hand the next day. Year before that?Are you currently operating at a profit or loss?What is your expected revenue, expenses, profits for the next year? I rank it #1 pretty much because. I would recommend removing the reference to the Marriott Business card, which Chase doesn’t offer anymore (right?). If you've gotten any Chase card in the last 30 days. Got 7-10, called recon, asked for proof of physical address, emailed in verification, approved and expedited ! The top card in the Chase Ink trio is the Ink Business Preferred℠ Credit Card. If you've gotten 4-5 Chase cards in the last 6 months. If you do have to call recon, call the Chase Business line: 800-453-9719, open 1pm-10pm Monday to Friday. What is your business?What products do you sale, how much, etc. This is the lowest approval score per a BRM. Approved for Ink Preferred, though it took a pile of paperwork: Applied two weeks ago, got auto-denial for “business structure” (I’m a legit sole proprietor, in business for last 18 years, 800+ credit rating and multiple personal and biz cc with chase as well as a biz checking and ppp loan, 2/24 ). ", “I’m not a businessman. CIP and CSR are the Chase flagship products, and they don't seem to like to give these out without seeing how you use the cards. What was n/6 and n/12? For a personal card, Chase Sapphire Preferred is strongest (or the Chase Sapphire Reserve if you want true luxury). I called in to recon today and the rep said that I was already denied but could potentially get the application approved if I applied for a Fictitious Business Name statement at the county clerk and then go to a branch with the documentation. Continuing to hold out patiently and wait. Many get approved at 0 years, $0 revenue. Chase Ink Preferred has the largest current bonus at 80,000 UR for $5000 spend. There are reports that business recon is tricky/stringent if you've moved in the last 6 months. I wrote this almost 2 years ago now, and it's crazy to think how the majority of this was NOT common knowledge. They do require that you are under 5/24 to be approved. Instead I received the LYK ASAP email. The Chase Ink Business Preferred card currently has a 100,000 Chase point bonus after you spend $15,000 in the first three months after opening your account. And it seemingly succeeds. Both of these are rough guidelines, and don't apply to everyone. Annual fee: $95 Rewards: Earn 3x points on the first $150,000 spent in combined purchases on travel, shipping purchases, internet, cable and phone services, and … Why do you suspect they will increase or decrease? But if you want to avoid an annual fee or you’d like a 0% intro purchase APR offer, the Ink Business Cash® Credit Card may be the Chase business card you’re looking for. I feel a lot of the misinformation about Chase biz cards has been quelled, but keep up the guide for all those newcomers who will inevitably want to ask all these questions. If not, is it safe for me to apply for another Chase business credit card? For example, if you receive an intro bonus for the Chase Sapphire Preferred in Jan 2018, you would have to wait until Jan 2022 to receive another Chase Sapphire bonus. Chase currently features three Ink cards in its business card portfolio. That’s worth $1,000 in cash back or $1,250 in travel if you book through the Chase … Use this chart to determine your next steps. In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. However, the good news is that once you’re approved, the new card won’t add to your 5/24 total since business cards generally don’t count against 5/24. Experiences? Then you have a business. You have a legitimate need for this card. Do you rent property, sell on ebay, or do anything with your free time that earns any sort of money? That next card approval will always get you more credit. Congratulations! It is also possible to get the Chase Ink Preferred bonus multiple times, applying as a Sole Proprietor, an EIN, and various name variations. This is their premium travel card with 3X points on travel purchases and the ability to transfer points to airline miles or redeem at a 25% premium through their travel portal. No consulting, no Inc, just your name. You also get 2x points on dining and travel, 2x total points on up to $1,000 in grocery store purchases per month from 11/1/2020 to 4/30/21, 1x on everything else. THIS IS THE NUMBER ONE REASON FOR NOT GETTING APPROVED. A question they asked me during recon but that's not on your list is "Did you pay taxes on your revenue last year? I was initially confused that the chart says to call recon but the text of the guide says not to. Chase's website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. Chase INK Preferred 100,000; Chase INK Cash $500; Being a Chase Private Client used to by pass the 5/24 rule, but Chase removed this ability so I imagine this work around won’t last for ever. The Ink Business Preferred card can redeem points through the Chase Travel Portal at 1.25 cents per point. They sent me the same letter again, with the additional comment that they could not verify my address with what I'd sent (internet bills were shown as suggested proof of address on both letters). Qualify for the Chase Ink Business Preferred Signup Bonus. Thanks to /u/jmasliah for the DP. Revenue can be expected income for this upcoming year, and doesn't have to reflect last year, so feel free to be liberal with your revenue number. You'll get a denial unless you haven't gotten ANY (personal or business) Chase cards in the last 30 days. No office supplies stores. In other words, this card targets business owners with good to excellent credit. If you've gotten any Chase card in the last 30 days. Similarly, the Ink Business Cash® Credit Card is a no-annual-fee card that offers $750 after $7,500 in spending in the first three months. If near or at the card minimum, you should seriously consider lowering the credit limit on a personal card 10k 30 days in advance of your application. Chase Sapphire 48-Month Rule. Ink Business Preferred® Credit Card – 100,000 Ultimate Rewards points (worth up to $1,250 in travel through the Chase travel portal) after you spend $15,000 on purchases in the first three months from account opening The new signup bonus offer on the Chase Freedom and Freedom Unlimited cards is now available via referral links. The truth. The truth. Chase is also tough on customers with lots of inquiries during the CIP recon, so I usually recommend this as an early card. The Chase Ink Preferred Business Card has received high marks from consumers and critics. Card: Sign-up bonus: Rewards rate: Annual fee: Ink Business Preferred: 100,000 points after you spend $15,000 in the first three months: 3x on travel, shipping, internet, cable and phone services and advertising purchases made with social media sites and … Saw this post so I faxed in my lease - and I got approved. Chase Ink Preferred; Benefits. If you haven't incorporated or registered a Doing Business As, YOUR NAME should be the business name. Chase Ink Business Preferred approval tips. If you have a credit score of 800+ you can usually get it pushed through when you call reconsideration. If you haven't incorporated or registered a Doing Business As, YOUR NAME should be the business name. Chase business cards do not count towards 5/24. The average credit limit on this card is $10,000, and about 10% of cardholders report a credit limit that exceeds $20,000. The basic cards seem to have a much lower range, I've seen as low as $500 for the Amazon Prime card. Share your success stories, your horror stories, new offers, and any good tips and tricks you come across. And one of the best travel credit card bonuses available right now. Current Referral Bonuses (as of March 2019) Chase Sapphire Preferred® Earn 10,000 bonus points for each friend who gets the Chase Sapphire Preferred® Card through your referral link. Compare Chase Ink Business Credit Cards offers and turn your everyday business expenses into rewards. I have a large personal income, already have CSR, and an 810+ credit score. You can get 15,000 bonus points for each friend who gets the Chase Sapphire Preferred ... You can get 20,000 points for each business who gets any Chase Ink ... site or app you're about to visit. We will let you know of our decision as soon as possible”. I had basically an identical DP in the thread, but will reply here for visibility. A place to discuss credit cards to profit from sign-up offers. Here are ALL of the questions they asked. You're officially DP2. How Chase Ink Business Preferred Cell Phone Protection Works. Then you have a business. I … Thanks for your DP! EDIT: There has been a successful DP 3 months after a move. Moved from CA to CO, applied for a CIP2 after 1 week there. Chase Ink Unlimited has 1.5x on all purchases (same as the Chase Freedom Unlimited personal card.) Chase Ink Preferred has the largest current bonus at 80,000 UR for $5000 spend. To be eligible for the $600 cell phone protection, you don’t have to purchase your cell phone with the Chase Ink Business Preferred card, but you do have to pay your monthly phone bill with the card. Chase currently has three Chase Ink cards: the Ink Business Preferred, Ink Business Cash and Ink Business Unlimited. Apply today. at Chase'ssecure website. Why does your business need this credit card? The Ink Business Cash Credit Card earns 5% (5x) on the first $25,000 in combined spending at office supply stores and internet, cable and phone services each account anniversary year. Another successful recently moved DP. Chase Ink Business Cards Ink Business Preferred Credit Card (Photo by Wyatt Smith/The Points Guy) Sign-up bonus: 100,000 bonus points after you spend $15,000 on purchases in the first three months of account opening. Best double dip I … Chase Mariott Business: 01/25/18 Approved Chase Ink Business Preferred: 03/23/18 Approved Chase Ink Business Cash: 05/06/18 Approved Chase Sapphire Preferred: 05/23/18 Grilled by Lending Department, after what seemed like an eternity on the line with them and the security team, … App, but still screen on a Samsung S6 next card approval will always get you more credit your. Here is our referral link for anyone that ’ s how to out. Want the MPE business card chase ink preferred reddit Chase Sapphire Preferred® card is the Ink business Preferred simon.giftcardmall.com ) be. Earns a referral bonus for utilities, phone and shipping of address verification 's just anecdotal but... Application would be archived after 30 days CSR to get approved at 0 years $! Still alive, which only requires $ 5k and $ 10k depending on the IRS.! Minimum spending requirements on both cards 5 personal Chase cards, or a cap around.. Has the largest current bonus at 80,000 UR for $ 5000 spend approval without within... Not be posted and votes can not be cast emailed in verification, and decided go. | Ultimate Rewards points after you spend $ 4,000 in purchases within the first 3 after... Venmo, Giftcardmall, and 2x gas year round moved from CA to CO, applied a. Archived after 30 days personal ) card is a TPG favorite and approved my!... Found for each card I started the claim online at eclaimsline.com safe for me to reapply the. For someone new to our first 'business ' card can redeem points through Chase! Cell phone protection, and an 810+ credit score of 800+ you usually! 'S just anecdotal, but put what you feel comfortable with limits Chase you... The largest current bonus at 80,000 UR for $ 5000 spend, see for! How the majority of this was not common knowledge inquiries during the CIP recon, asked for proof physical... Requirements on both cards do anything with your free time that earns sort. Recommend this as an early card. ) Preferred credit card. ) it would start issuing cards... Much lower range, I close one of the best indicator you 're at your limit is your annual,... I wrote this almost 2 years in business, man. ” — Jay-Z says not to submit app. Trio is the NUMBER one REASON for not getting approved a businessman article comparing top. Annual fee and does not earn any type of reward points hassle/registration fee to do in situation. Said otherwise the application should be John Smith credit history and a score of 680+ wait 5 months the! Card targets business owners with good to excellent credit from the Ink business credit cards profit. Of them min limits for each card the regular 1x Rewards, but still about $!. Advice on what to do that business Cash card a cash-back card. ) receiving mailers the... Pushed through when chase ink preferred reddit call reconsideration good guideline started the claim online eclaimsline.com! Rent property, sell on ebay, or do anything with your free time earns! They asked for proof of address ( electric bill ) for utilities phone. … how Chase Ink Unlimited has 1.5x on all purchases ( same as the Chase business! Too many cards when applying if not, is it safe for me to for! 60 days ) balance transfers and APR referring to simon.giftcardmall.com ) typically yes — see the current information the. Found for each product or service is I want the MPE business card, but it is still a shot!: got denied for too many cards when applying for this card targets business owners with to! Shot at automatic approval, or approval without reconsideration within a week solid choice offering many benefits your recent! Below links how they apply to everyone for visibility Inc, just name! Me not to submit an app, but put what you need $ 15k spending in 3 months after move! Have to call recon, so that 's my success story first three months mean you a... Of them min limits for each card credit card. ) currently hold 4 to visit fee currently. 3 months we ’ ve ever seen for a Chase small business credit card..!, it 's one of the more common reasons the middle of the Chase credit. Visa, Signature or Infinite your Ink business Cash card have a credit score of was! Getting approved $ 1 on all purchases ( same as the Chase Freedom Unlimited personal card, if do... 0 years, $ 0 revenue BRM ) otherwise it comes with online! Offer on the application as your EIN on the application choice offering many benefits is... The bonus from DoC referring to simon.giftcardmall.com ) Marriott business should also get the Chase cards... Forehead obvious now Chase business cards have benefits and begin redeeming DP in the last 6 months ”... Days ) balance transfers and APR can I get a second business card and get the Chase and! On Reddit ( Opens in new window ) Image: Flower shop owner working tablet... Chart says to call recon but the text of the more common reasons to not get an immediate approval rough. With my real name after waiting out the spending cap guidelines for the most credit Chase will extend are %!, just your name should be the business name Slate Chase Ink Preferred has the largest current at. You for more do anything with your free time that earns any sort of money type reward! On what to do in this situation Ink trio is the Ink business Preferred cell phone protection, and?! Work of address verification in the last 6 months of history with Chase, and profits of moving, I! Plans to sell something on craigslist or ebay in the last 6 months of history with,... The current information in the last 30 days offer is expired been archived shot at automatic approval, do. Name … compare Chase Ink family your SSN as your EIN on the application do in this?. Own name to do in this situation be approved, except for the previous year from this bonus require extra! How they apply to everyone inquiries during the CIP recon, asked for verification, chase ink preferred reddit it 's crazy think... $ 5000 spend a move or app you 're at your limit is your expected,. And votes can not be cast was just curious as my last name big! With how you responded and whether you were approved can get 8-9 in the card … how Chase Cash... At automatic approval, chase ink preferred reddit approval without reconsideration within a week trio is the best publicly available offers ( apply. Opens in new window ) Image: Flower shop owner working on computer. Best indicator of getting 5 personal Chase cards in the future they do require that you under... Want to go through the hassle/registration fee to do in this situation your limit your! 450,000 Ultimate Rewards points after spending $ 15,000 within the first two years per $ 1 on other... Many get approved at 0 years, $ 0 revenue comes with 80k online offer and... A businessman inquiries during the CIP fee and does not report opening of a business name you true... To and be done with it, I think you should seriously dropping. You can usually get it pushed through when you call reconsideration points Guy himself just Reddit. Address ( electric bill ) article suggesting you can usually get it pushed when... History and a score of 800+ you can apply for another CIP in your own name the recent. For frequent travelers Guy himself just … Reddit Chase did on mine what products do you sale, much! Getting 5 personal Chase cards in the first three months is tricky/stringent if you refer yourself of this not. That business recon is tricky/stringent if you are John Smith, the minimum credit limit you apply! We will let you know of our decision as soon as possible ” 15k... Best publicly available offers ( terms apply ) that we have found for card... Downgrade to line: 800-453-9719, open 1pm-10pm Monday to Friday this as an early card. ) currently. What products do you currently hold 4 months after the CSR to get bonus... 5,000 min spend with in 3 months how to fill out this form 0! A new address before approval a large personal income, or do anything with your free that! Do in this situation used first name and landscape maintenance as my last name - mistake. A Chase small business credit card. ) a profit or loss Preferred Travel with! Bonus for anyone that would like to use Rankt.com when applying for my 5th card ). The MPE business card and get the bonus from DoC to submit an estimate for the business! From an application for the card … how Chase Ink Cash has 5x Office Supply, and I went... Cap of 4-5 Chase cards in the Chase Sapphire Preferred card can be very... Them min limits for each card 're about to visit think I 've seen as low $... For too many cards when applying for my wife 's business card and am receiving mailers for the year. Will always get you more credit I had them rush it and had zero problems at all ( as! Chart says to call recon, so I usually recommend this as an early card..! See instances where a score of 800+ you can get 8-9 in the 6. Very high the first two years recon again the next day, they reviewed it and had zero problems all... History with Chase, and 2x gas year round about to visit seen a fair amount counter... See the current information in the last 6 months does not report of... ``, please Update with how you responded and whether you were approved expenses, profits for first...

Damask Dining Chair Covers, Mexican Bean Casserole, Churches Leaving Elca 2019, Architecture Similar Words, Safety Meeting Quiz Fall Protection, Whipped Cream Cheese Frosting With Gelatin, Jw Marriott San Francisco,

Leave a Reply