2- $5,000+ Vendor Accounts New Business

[BRBiz]

You have a business visa or mc correct?

Use square to charge it and it will cost you a little over 2% and you will have the money next day in most cases. Balance transfer fee will usually run you 4%.

Use the money that is deposited in your bank account plus a little over 2% to make the payment on the card before it reports.

Sounds like Sqaure has banned him!!

[BRBiz]

good stuff, Don't know how I lived without this site. What about balance transfers? Anyone try that? I was thinking transfer about $2000 from personal c card unto new biz c card while its 0% for 6 months (I believe no transfer fee)

You can't transfer a balance from a personal card on to a business car at least any that I know of.

[stroked89coupe]

 

You have a business visa or mc correct?

Use square to charge it and it will cost you a little over 2% and you will have the money next day in most cases. Balance transfer fee will usually run you 4%.

Use the money that is deposited in your bank account plus a little over 2% to make the payment on the card before it reports.

Sounds like Sqaure has banned him!!

 

Did I miss something?

[BRBiz]

 

 

 

You have a business visa or mc correct?

Use square to charge it and it will cost you a little over 2% and you will have the money next day in most cases. Balance transfer fee will usually run you 4%.

Use the money that is deposited in your bank account plus a little over 2% to make the payment on the card before it reports.

 

Sounds like Sqaure has banned him!!

Did I miss something?

Post #47

[killove]

I have visa and Mastercard, just setup square. Should i wait for the device?

[stroked89coupe]

That was steel that said that. Enless i'm still confused. I was talking to Killove regarding the square comment. I thought that is who was wanting to charge it up and let it report.

[stroked89coupe]

I have visa and Mastercard, just setup square. Should i wait for the device?

 

 

Yes if you plan on useing cards that are present at the time of purchase. That way you get the lower rate.

[BRBiz]

I was confused That's that was the OP!

[stroked89coupe]

Yeah It took me a while to when I realized how many posters there were lol

[BRBiz]

My ipad is even more confused since its adding and changing everything to non sense!

[GR8WhiTE]

^{I got confused too...and I avoided this topic..yea they did ban me, basically.}

[BRBiz]

^{I got confused too...and I avoided this topic..yea they did ban me, basically.}

Did you get blacklisted by just them or did they report you?

[GR8WhiTE]

 

^{I got confused too...and I avoided this topic..yea they did ban me, basically.}

Did you get blacklisted by just them or did they report you?

I have no clue. I am assuming by just them.

[BRBiz]

Probably I can't see them reporting you for just running gift cards. Do you have another processor now?

[killove]

Ordered $500 gift cards on amazon with new chase card, it went through. still waiting on the square device. I'm in the process of re-reading, but can't find the post. is it the card company that may stop gift cards or the cashier? If its the cashier, I should be straight. I'm buddy buddy with a few.

Edited May 6, 2013 by killove

[killove]

Cap one spark did a hard pull on my personal even though I have a personal card with them (never late, barely used). Not sure if approved or not. I'm hoping for $10,000 limit

[BRBiz]

Ordered $500 gift cards on amazon with new chase card, it went through. still waiting on the square device. I'm in the process of re-reading, but can't find the post. is it the card company that may stop gift cards or the cashier? If its the cashier, I should be straight. I'm buddy buddy with a few.

It's the credit card company that would be the concern.. You would know within a day or so if they block your card.

[BRBiz]

Cap one spark did a hard pull on my personal even though I have a personal card with them (never late, barely used). Not sure if approved or not. I'm hoping for $10,000 limit

Keep in mind with them they report to personal. Hopefully you get a decent limit with them. They are random some times with their limits, I have seen people with really good credit get a $500 limit when these people have other cards around $10k.

[killove]

 

Cap one spark did a hard pull on my personal even though I have a personal card with them (never late, barely used). Not sure if approved or not. I'm hoping for $10,000 limit

Keep in mind with them they report to personal. Hopefully you get a decent limit with them. They are random some times with their limits, I have seen people with really good credit get a $500 limit when these people have other cards around $10k.

just personal or both biz and personal? Just got of line with credit serv. got walmart $4,000 and Lowes Acct Rec. $5,000. :yahoo:

[stroked89coupe]

I belive capital one reports to both. I have no personal experience with them though

[stroked89coupe]

 

 

Cap one spark did a hard pull on my personal even though I have a personal card with them (never late, barely used). Not sure if approved or not. I'm hoping for $10,000 limit

Keep in mind with them they report to personal. Hopefully you get a decent limit with them. They are random some times with their limits, I have seen people with really good credit get a $500 limit when these people have other cards around $10k.

just personal or both biz and personal? Just got of line with credit serv. got walmart $4,000 and Lowes Acct Rec. $5,000. :yahoo:

 

 

Walmart was PG'd or did you fax or mail in an application and get it without PG?

[GR8WhiTE]

Ordered $500 gift cards on amazon with new chase card, it went through. still waiting on the square device. I'm in the process of re-reading, but can't find the post. is it the card company that may stop gift cards or the cashier? If its the cashier, I should be straight. I'm buddy buddy with a few.

the cashier. Once cards are activated your good to go.

Edited May 6, 2013 by steelcity

[GR8WhiTE]

 

 

Cap one spark did a hard pull on my personal even though I have a personal card with them (never late, barely used). Not sure if approved or not. I'm hoping for $10,000 limit

Keep in mind with them they report to personal. Hopefully you get a decent limit with them. They are random some times with their limits, I have seen people with really good credit get a $500 limit when these people have other cards around $10k.

just personal or both biz and personal? Just got of line with credit serv. got walmart $4,000 and Lowes Acct Rec. $5,000. :yahoo:

Good for you! Was walmart pg'd?

[GR8WhiTE]

Probably I can't see them reporting you for just running gift cards. Do you have another processor now?

Had gotten another one right after. After about 2-3 months, stopped again. For same reason.

[killove]

 

 

 

Cap one spark did a hard pull on my personal even though I have a personal card with them (never late, barely used). Not sure if approved or not. I'm hoping for $10,000 limit

Keep in mind with them they report to personal. Hopefully you get a decent limit with them. They are random some times with their limits, I have seen people with really good credit get a $500 limit when these people have other cards around $10k.

just personal or both biz and personal? Just got of line with credit serv. got walmart $4,000 and Lowes Acct Rec. $5,000. :yahoo:

Good for you! Was walmart pg'd?

I believe it was PG'd, I did online, but they called me to verify that I'm me. then it had to go to underwritter, but Lowes went right through. same call.