Chase has updated the application form for business credit cards, currently this new form is showing when logged in on regular applications. The new form is not showing on referral links and when not logged in. The form is largely the same with two key differences:
- Annual business revenue can no longer be zero
- Requests ‘Business Established Date’ rather than ‘Years In Business’
American Express has required annual business revenue of $1,000 for as long as I can remember. I wouldn’t be surprised if this was an effort by Chase to tighten business lending due to the COVID-19 crisis, Chase also suspended business affiliate links recently to most partners.
Hat tip to ZeSexyPanda
