Silly me applied for US Bank business platinum credit card without having a business checking account or prior relationship with them and was approved for a super low credit limit of $4,000.
It’s all good! Try reconsideration line or show them a little history and apply for second card. Make sure you have some tradelines on your business credit profile
Im new to learning on all this, if I had balance on my personal credit card, and I wanted to use the business credit balance transfer to take care of it. Is this something you would recommend? Are there other options?
Thumbs up! I live in New York where there are no US Banks, how can i open a business checking account with US Bank to apply for a business credit card?
You can open an account over the phone if you have another product with them like a loan, credit card etc. But you apply for the business credit from any state . So yes you would qualify 😊
I have a clean transunion credit report on credit karma, 729 transunion score. Last hard inquiry was a lil over 3 months ago. As far as comparable credit i have a 25k cash rewards navy federal credit card. My credit utilization is under 5% . I opened a business checking account with U.S. Bank a few days ago. My LLC is about 1 month old. Will this be a good card for me ?
@@MeekRemainHumble hard for me to tell with out looking at your credit . However I suggest looking at your fico scores instead of credit Karma . Let me know if you would like to set up a quick call
No you definitely would put 2 different incomes unless they are the same. We have a small upfront fee depending on the situation and 10% success fee after funding. If you need assistance or have questions schedule a call with me
@@zacrepinski yes and no … US bank tends to be tricky at times. For sure an RM can “assist” in higher limits but their like the icing on the cake . The cake (credit report + credit profile + relationship with us bank) is what yields the higher limits. I’ve seen $50k limits with 1 card with US BANK. So their are a lot of variables
@@stephenlblanchard Yeah completely agree with all those points, that is the most important part. Report and Relationship. Just ain't too much data points on US Bank Plat, similar to that of elan financial credit limits as they are tricky and off and on too. Thanks tho, appreciate the breakdown.
@@stephenlblanchard Awesome! Thanks! I’ll probably wait a few months to apply to US Bank since I just got approved for a 13K Citi card a couple of days ago 🙌🏼🎉
Lettttsssss GOOOOOOOO!!!!!! Punch the Like Button and Leave a Comment Below!! 👇
Approved for 38k
Good work!! When did you apply?
Pretty high approval for US Bank! Drop some data points for the people
Silly me applied for US Bank business platinum credit card without having a business checking account or prior relationship with them and was approved for a super low credit limit of $4,000.
It’s all good! Try reconsideration line or show them a little history and apply for second card. Make sure you have some tradelines on your business credit profile
Do credit limit increase they’ll up it 10-15K
I applied for and was approved for this credit. 10k is the credit limit given to me for this card.
Thanks for the tips! Definitely interested in this card now
Glad it was helpful!
Im new to learning on all this, if I had balance on my personal credit card, and I wanted to use the business credit balance transfer to take care of it. Is this something you would recommend? Are there other options?
Thumbs up! I live in New York where there are no US Banks, how can i open a business checking account with US Bank to apply for a business credit card?
You can open an account over the phone if you have another product with them like a loan, credit card etc.
But you apply for the business credit from any state . So yes you would qualify 😊
I have a clean transunion credit report on credit karma, 729 transunion score. Last hard inquiry
was a lil over 3 months ago. As far as comparable credit i have a 25k cash rewards navy federal credit card. My credit utilization is under 5% . I opened a business checking account with U.S. Bank a few days ago. My LLC is about 1 month old. Will this be a good card for me ?
@@MeekRemainHumble hard for me to tell with out looking at your credit . However I suggest looking at your fico scores instead of credit Karma . Let me know if you would like to set up a quick call
Informative
Thank you
THANKS FOR INFOR MAN
yes yes anytime!!! Do you have this card?
Do you put your personal oncome the sane amount asvthe business total income?? What fee do you charge to do the service ?
No you definitely would put 2 different incomes unless they are the same. We have a small upfront fee depending on the situation and 10% success fee after funding. If you need assistance or have questions schedule a call with me
With your clients are you working with a US bank relationship manager manually filling out application with them?
Yes we have a relationship manager for sure
@@stephenlblanchard isn't threshold for no docs 25K with platinum ? Anything over best to work with RM?
@@zacrepinski yes and no … US bank tends to be tricky at times. For sure an RM can “assist” in higher limits but their like the icing on the cake . The cake (credit report + credit profile + relationship with us bank) is what yields the higher limits. I’ve seen $50k limits with 1 card with US BANK. So their are a lot of variables
@@stephenlblanchard Yeah completely agree with all those points, that is the most important part. Report and Relationship. Just ain't too much data points on US Bank Plat, similar to that of elan financial credit limits as they are tricky and off and on too. Thanks tho, appreciate the breakdown.
@@zacrepinski anytime fam! I just subscribed to your channel too. Nice work!!🤜🏾🤛🏻
Great video! So how much would minimum payments be if you transfer in the 10K with zero interest?
Thank you!!!! Most banks are charging 1% of the balance so therefor the $10k min payment would be $100 per month
@@stephenlblanchard Awesome! Thanks! I’ll probably wait a few months to apply to US Bank since I just got approved for a 13K Citi card a couple of days ago 🙌🏼🎉
@@jorreram4859 excellent work! Which cities card?
@@stephenlblanchard Diamond Preferred 0% on balance transfers for 21 months
👍🏽👍🏽👍🏽👍🏽👍🏽
Thank you! 🙏🏾