Category: 
August 11, 2009how can one make credit line for business credit card go through the roof?
I just saw a commercial for the American Express Business card.
They call it a CHARGE CARD.
Absolutely NO credit limit whatsoever.
Give them a call.
They will give you 30 days to pay the balance in full, but there is no credit limit. Your business must be credit worthy.
With your current business card, just send in an extra 10,000 or 100,000 payment. This will show up as credit and be held in your account as such for 90 days. Call them, make sure you can do this.
/
Horaayy..there are 3 comment(s) for me so far ;)
What are you talking about ? The only way to have your credit line explode..is to overuse it and go over your limit! LOL
References :
I just saw a commercial for the American Express Business card.
They call it a CHARGE CARD.
Absolutely NO credit limit whatsoever.
Give them a call.
They will give you 30 days to pay the balance in full, but there is no credit limit. Your business must be credit worthy.
With your current business card, just send in an extra 10,000 or 100,000 payment. This will show up as credit and be held in your account as such for 90 days. Call them, make sure you can do this.
/
References :
I’ve been using my business credit card for a while and the only way my limit has improved is simply by using it and re-paying. I put about $10,000 on my card every month and once I proved to them that I could pay it, they raised my limit from $5,000 when I started to $50,000 today. This took me about 1 1/2 years so I’m not sure if it can "explode" but you can always call up and ask.
References :