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0% APR business credit cards can be a game-changer for your business's cash flow. Whether you're looking to purchase inventory or bridge a temporary financial gap, these cards provide a powerful financial tool. Here’s a step-by-step guide to help you secure approval for over $100,000 in credit limits.
The Order of Applications
To maximize your approval chances and limits, follow this specific application sequence. Ensure your credit score is good (typically 700+) and you have at least one year of credit history.
1. Ink Business Cash® Credit Card
- 0% APR: 12 months on purchases.
- Sign-Up Bonus: 75,000 points after spending $6,000 in 6 months.
2. Ink Business Unlimited® Credit Card
- 0% APR: 12 months on purchases.
- Sign-Up Bonus: 75,000 points after spending $6,000 in 3 months.
- Perk: Unlimited 1.5 points on all purchases.
Tip: Wait for your first application to be approved before moving on to the next. If one application is pending, hold off until it’s resolved (typically 2–3 days).
3. The Blue Business® Plus Credit Card from American Express
- 0% APR: 12 months on purchases.
- Sign-Up Bonus: 30,000 points after spending $6,000 in 3 months.
- Earnings: 2 points per dollar up to $50,000 annually, then 1 point per dollar.
4. The American Express Blue Business Cash™ Card
- 0% APR: 12 months on purchases.
- Sign-Up Bonus: $250 after spending $3,000 in 3 months.
- Earnings: 2% cashback on up to $50,000 annually, then 1%.
Additional Cards Based on Bank Accounts
For Bank of America customers (account active for at least 30 days):
- Business Advantage Travel Rewards World Mastercard®: 0% APR for 9 months; 30,000 points after spending $3,000 in 90 days.
- Business Advantage Unlimited Cash Rewards Mastercard®: 0% APR for 9 months; $300 after spending $3,000 in 90 days.
- Business Advantage Customized Cash Rewards Mastercard®: 0% APR for 9 months; $300 after spending $3,000 in 90 days.
For U.S. Bank customers (account active for at least 30 days):
- U.S. Bank Business Platinum Card: 0% APR for 18 months on purchases.
- U.S. Bank Business Triple Cash Rewards World Elite Mastercard®: 0% APR for 12 months; $750 after spending $6,000 in 180 days.
Reallocating Credit Limits
If you already have business cards from Chase, Amex, or Bank of America, you can transfer limits to your new 0% APR cards:
- Chase: Transfer limits only between personal-to-personal or business-to-business accounts. A hard pull occurs if the new limit exceeds $35,000.
- Amex: Transfer limits across personal and business cards but not from business to personal. Limit transfers are restricted to once every 30 days.
- Bank of America: Only soft pulls for reallocating limits between personal and business accounts.
- U.S. Bank: Reallocating is generally difficult, but persistence might help.
Credit Inquiry Tips
- Chase: Applications may combine inquiries for same-day submissions, though results vary.
- Amex: Inquiries are often combined for same-day applications, with no hard pull for existing cardholders.
- Bank of America: Combines inquiries for applications within 30 days.
- U.S. Bank: Inquiries may combine for same-day applications, though not guaranteed.
No Personal Credit Report Impact
Business credit cards from these banks generally don’t appear on your personal credit report. This means you can maximize these cards without affecting your personal credit score.
Take the Next Step
Ready to secure your financial future? Use these strategies to apply for 0% APR cards and set your business up for success. Explore our credit card database for more tips and data points on approvals. Good luck!
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