Business Credit Card Approval Process Quiz

What was the speaker's business generating at the time of getting approved for the Chase Ink Business Cash card?

• A significant profit

• Zero dollars in revenue

• A small loss

• A moderate income

Why might someone consider getting a business credit card?

• To get free business consultations

• To avoid paying taxes

• To access high welcome bonuses

• To increase personal credit score

What is a benefit of separating business and personal expenses using credit cards?

• It increases credit limits

• It eliminates annual fees

• It reduces interest rates

• It simplifies tax preparation

Which business credit cards might show up on your personal credit report?

• All business credit cards

• Only Chase business cards

• Capital One and Discover business cards

• None of the business credit cards

What is the Chase 5/24 rule related to?

• The interest rate on business cards

• The minimum spend requirement for bonuses

• The number of personal cards you can open in 24 months

• The number of business cards you can own

What is the minimum spend requirement for the Chase Ink Business Cash card's welcome bonus?

• $5,000 in three months

• $7,500 in three months

• $10,000 in six months

• $3,000 in one month

What is one of the first steps to getting approved for a business credit card?

• Having a business website

• Having a business partner

• Having a large business

• Having a business, no matter the size

What personal credit score is recommended for applying for a business credit card?

• At least 750

• At least 700

• At least 650

• At least 600

What proactive step did the speaker take when not instantly approved?

• Applied for another card

• Called the bank for additional information

• Canceled the application

• Waited for a month

What did the speaker use to help guide their application process?

• A credit card comparison website

• A flow chart from Reddit

• A financial advisor

• A YouTube tutorial