I’m a big fan of American Express business cards. I find that for those with excellent credit, Amex business cards are among the easiest to be approved for. Amex likes to work with small businesses from early on, so even if you have a small business that’s in its early stages, it’s typically not too…
Continue reading: Amex Business Cards Now Have A $1,000 Business Revenue Minimum
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Applied for the Delta Plat Bus and Hilton Bus card yesterday and received 2 instant approvals! I know have 4 AMEX Bus Cards- trying to get down below 5/24.
I applied online for the Chase Ink Cash yesterday, it had the same field on the application. My revenue is higher than $1000 and I answered honestly so I don't know if there's the same $0 restriction there.
In light of the recent Facebook breach of user information, I am left to wonder if any of this information will be sold, stolen, or used for their own marketing efforts. I am always reluctant to release more information than is necessary to social media and banks.
@Donna - Social media and banks not really similar at all when it comes to your personal information. Banks have many legitimate business needs for the personal info of their customers and cannot even legally open accounts without it. There are also many specific laws governing how banks can use the information provided, which are largely restricted to these legitimate business purposes for handling your account. That said, any business can be hacked, although you can bet that financial institutions are among the most likely companies to invest highly in anti-hacking measures given their massive potential liability in the event of a data breach.
Social media companies have little real need for your personal information, and their collection and use of this information is governed largely by their own user agreements, along with a patchwork of state laws that are nowhere near as restrictive as the laws applicable to banks.
"Social media and banks not really similar at all when it comes to your personal information."
So true - social media to date has never been caught illegally opening customer accounts without customer permission. That being said, social media companies probably guard your personal data using the classy River City Data standard for personal data protection.
If I had the SPG Business card but did not spend enough to earn the points bonus can I reapply and earn the bonus if I meet the spend this time? Or is it only one try?
Good to know. I've been looking at getting my first AMEX card and one of the business cards might be the way to go. I'm 5/24 right now but I think these business cards listed above won't show on my personal credit report, right? My Citi AA business card doesn't so I assume these won't as well.
My projected business revenue has been $5000 for the last five years or so. I keep falling well short of my target 😉 Maybe 2018 will be a better year!
What lousy timing! My blog is not OMaaT so $1,000 in revenue would cause me a dance a jig! I was getting ready to close out one of my SPG cards and apply for another Amex Business card. I did tweak my site earlier this year and I am VERY optimistic about the results! *wink wink nudge nudge*
@Tom Sorry, but having gotten a bonus is irrelevant. Even someone who got an AMEX card years ago when it didn't even come with a bonus cannot get a bonus on the same card type.
There is one loophole though: @7 years after having gotten an AMEX card, the AMEX computer seems to "forget" that you had it, and word is you then qualify for a bonus on the new card. Haven't tried this myself, as I don't have any AMEX cards that go back that far, but it comes from pretty reliable sources.
I did receive a bonus on a Amex Delta card last year on a card I had around 7 yrs ago
I confirm, for new application online, there is validation on Annual Business Revenue to be 4 digits means $1000 or more. Tried all different combination to hack it, doesn't work online application form. Applying over phone with annual business revenue less $1000 is accepted.
No, they don’t show up on your personal credit report. I have both the Amex Gold Rewards card and the Amex Business Gold card. Only the personal card is reflected on my credit report — on all 3 credit reporting agencies.
Seven years after closing a card Ian usually when it drops off your credit report, which is why “lifetime” is really seven years. Also, I applied for the Blue for Business a month ago and got the 4 digit requirement for income. I actually didn’t think this was “news” and was normal. Of course I claimed the minimum $1000 and was instantly approved. As long as you’re racking up merchant fees I can’t see them ever investigating whether or not folks with these cards have legit businesses.
Has anything changed in regards to the $1,000 Business Revenue Minimum requirement?