New Business Card- Partners First

[caliman10]

So. I just got approved for 10,000 for there small business card. The only thing is I am not sure if it reports balances to personal credit. Does anyone have this card? Does it?

 

On there application. They don't ask for any business information or a tax id. The only thing they ask for is the Business Name.

[Ace_TX]

sounds like a normal personal credit card that says business on it

[greywolf]

sounds like a normal personal credit card that says business on it

+1

[creditxpert]

So. I just got approved for 10,000 for there small business card. The only thing is I am not sure if it reports balances to personal credit. Does anyone have this card? Does it?

 

On there application. They don't ask for any business information or a tax id. The only thing they ask for is the Business Name.

Whats interest rate looking like?

[caliman10]

It is 11%

[Cuz]

Do you have a link for the card?

 

TIA

[jlp58]

So. I just got approved for 10,000 for there small business card. The only thing is I am not sure if it reports balances to personal credit. Does anyone have this card? Does it?

 

On there application. They don't ask for any business information or a tax id. The only thing they ask for is the Business Name.

 

If it asks for SSN but not Federal tax ID, I can almost guarantee it will report to personal.

[drew3918]

sounds like a normal personal credit card that says business on it

+1

+2

[caliman10]

Here is the link to the card if anyone is interested.

 

https://www.partnersfirstcc.com/landing.asp...p;CD90=55477587

[centex]

So. I just got approved for 10,000 for there small business card. The only thing is I am not sure if it reports balances to personal credit. Does anyone have this card? Does it?

 

On there application. They don't ask for any business information or a tax id. The only thing they ask for is the Business Name.

 

If it asks for SSN but not Federal tax ID, I can almost guarantee it will report to personal.

 

FWIW, their personal cards only report to EQ. They do not report to the other bureaus. Somewhat of a hidden gem...

 

I would imagine that the biz offering would be no different.

[QuikCredit]

Approved for $5,000 with a 727 across the board.

[creditxpert]

So. I just got approved for 10,000 for there small business card. The only thing is I am not sure if it reports balances to personal credit. Does anyone have this card? Does it?

 

On there application. They don't ask for any business information or a tax id. The only thing they ask for is the Business Name.

What was your score?

[caliman10]

Score was a 787. I am going to pull my cc in the next couple days to see if it reported. Will let you know

[ouchthatburns]

based on app since it doesn't even ask for business income or tax id, it really just seems like a personal card that has a business name on it, and most likely reports to personal credit.

[caliman10]

It is official ParnersFirst Business Card Reports balances to personal Credit. That Sucks! The only good thing is they only report to Exquifax.

 

On a side not: My Captial one Business line and business Credit card also appeared on my Credit Report today.

 

Awesome. NOt!

 

I went for 4% utilizing to 55% in a month.

These Banks think it is cool to change the rules half way through the game. I hope someone gets the energy to put together a bill or lawsuit stopping banks from putting business use cards on personal credit reports!

[caliman10]

oh and my score dropped 50 points

[greywolf]

It is in your terms/agreement that they may report to any CRA they choose to. Business, personal, government, the moon, etc.

 

The few good business cards left out there are gems, amongst piles of sh*t. (cough Crapital one)

[voluminous]

...Hello....Hello people...

 

If you read the final terms and agreement at the bottom of the APPLICATION for Partner's First, it clearly states that it is a "PERSONAL CARD".

 

There isn't a spot available for a Business Name or Tax ID. Additionally, no one is adding in their posts how many "tradelines" they have on their personal reports to obtain the card. This is key information.

 

A 700 credit score can be obtained with 1 line of credit that reports to all 3 bureaus!

 

DETAILS, DETAILS, DETAILS.....are very important in the credit arena!!

 

Thanks

[ConcordUser]

I have applied for their personal card about a week ago and I called for the app status and they said it will take 2 weeks for them to process the application. I guess I have to wait couple of more weeks to find out if my app is approved or declined.

[800FICO1]

This card is nothing more then a glorified personal card with a business name on it, It has no advantages and it reports to your personal history. Good and Great business cards will only report to your business file and never your personal file. Or some card don't reoprt at all only if you default will they report it.

 

Just my thoughts on this.