In April Chase tighten business credit card applications and were seemingly denying more applicants than they normally would have. Chase also removed affiliate commissions on business cards in March and made it so that you needed to be logged in to apply for a business card. Last week Chase enabled business credit card affiliate links and removed the login restrictions.
In the last few days we’ve seen a lot of succesful datapoints of people applying for and being approved for new business cards. It looks like Chase has now loosened those lending requirements and it’s easier to get approved than it was before. Obviously this doesn’t mean you’re guaranteed approval and it’s only anecdotal evidence for now but given the login and affiliate link changes it seems to make sense.
Datapoints:
- CIP:
- Chase Ink Business Unlimited:
- Approved as sole prop, two years old $6,000 in revenue has business checking
- Approved as sole prop, four years old and $10,000 in revenue (sent via e-mail on 9/20)
- Approved, unsure if sole proper (sent via e-mail on 9/20)
- Approved, sole prop sub one year old with $6,000 in revenue
- Approved, sole prop, 10 years in business with $50,000 in revenue
- Chase Ink Cash:
