Business Charges on Personal CC
BRAND new LLC (no credit in it) (100% ownership of LLC)
I'm obviously going to incur business expenses. I would like to use an Amex charge card for the purchase protection. I understand the application looks at my business credit as well as personal credit. I've had a charge card for approximately 1 year with no issues on payment, etc. personal credit score is strong.
Is it better to wait to apply for the business charge card or apply immediately? Not sure of chance of approval since it's a new LLC.
Just afraid to use personal charge card and trigger an FR.
as long as you have an federal id and have good personal credit youll get it no problem.
Go for it. They look at your personal credit report. I recommend Chase Ink over Amex Open (and their FR nonsense).
Chase Freedom Visa (5% categories), Ink Plus MC & Classic Visa (5% office supply, telecom), UA M+ Visa
FIA BofA BankAmericard Travel Rewards Visa (1.65%, no FTF), Fidelity Investment Rewards Amex (2%)
Barclaycard Priceline Visa (2%), Sallie Mae MC (5% Gas, Groceries, Bookstores)
Citibank Dividend Visa (5% Q4 BBY, Dept & Toy Stores), Thankyou Preferred MC
Discover it (5% categories)