Description
Getting approved for business credit cards as a new business can be tough. Business credit cards often have confusing application processes that trip up new business owners. In this video, I'll be breaking down the business credit card approval process so you can get approved for any business credit card!Add me on Instagram! - AppleCriderOfficialBuilding credit as a new business is extremely important. There are so many benefits to establishing business credit and one of the easiest ways to get started is by opening a business credit card. Business credit cards can help new business owners get off the ground by providing access to capital to help them get started.Additionally, business credit card rewards are some of the best out there. Personally, I've gotten thousands of dollars of free travel just through business credit cards.In this video, I'm walking through a Chase Ink Preferred credit card application to show you exactly what you need to know to fill out applications and get approved for business credit cards. From knowing what to put for business income on a credit card application, to whether to use an EIN or social security number on the application, there is a lot to know. If you follow along and fill out your business credit card applications using the information in this video, the odds you'll get approved for that business credit card will go up dramatically.I'll also be sharing with you two of the most common reasons why people will not be automatically approved for business credit cards along with what to do if one of these things happens to you. By the end of this video, you'll know exactly how to get approved for any business credit card whether you are a brand new business or have been in business for years and have multiple business credit cards already.Enjoy!TIMESTAMPS 0:00 INTRO1:07 Going Through The Chase Ink Preferred Application1:41 Using your Social Security Number2:25 What To Put For Gross Income6:15 Applying With EIN vs. Social Security Number9:43 What To Put For Annual Business Revenue11:25 What To Put For Business Category11:50 Ecommerce Company Example12:20 Digital Marketing Agency Example12:49 What To Put For Estimated Monthly Spend14:07 Using Business Credit Cards For Personal Spending14:45 Reason #1 You Won't Get Automatically Approved15:55 Reason #2 You Won't Get Automatically Approved16:48 Outro