Chase Bank is the issuer of the Amazon business credit card, and eligibility requires a strong to outstanding credit score. A good credit score is defined as being between 670 and 739, while an excellent credit score is 740 or higher, according to the Chase website. Therefore, you should strive to obtain a credit score of at least 670 if you want to improve your chances of getting approved for the Amazon business credit card.
When assessing your application, Chase will take into account your income, credit history, and debt-to-income ratio in addition to your credit score. To demonstrate that you can afford to make payments on the card, it’s critical to have a steady salary and a low debt-to-income ratio.
Whether the issuer submits credit bureau records is a crucial consideration when applying for a business credit card. Some Amazon sellers claim that the retailer sends their net-30 accounts to credit bureaus, enabling them to build a credit history and gradually raise their credit score.
Moving on to Gempler’s, another provider of business credit cards, this organization submits information to Dun & Bradstreet, Experian, and Equifax. This means that if you have an account with Gempler’s, your credit score may be impacted by these credit agencies receiving information about your payment history and credit usage.
Last but not least, if you’re wondering which credit bureau Home Depot utilizes, it submits reports to Equifax, Experian, and TransUnion. This implies that the use of your Home Depot credit card will be reported to these agencies, and the way you handle your account will have an impact on your credit score.
In conclusion, you should aim to have a decent to excellent credit score of at least 670, along with a stable income and a low debt-to-income ratio, if you want to apply for an Amazon business credit card. It’s also critical to think about if the issuer submits credit report information because this can eventually lower your credit score.