🎉 *UPDATE 7.11.2022:* APPROVED for the IHG Rewards Premier Business Credit Card today! 😄🎉 The application was initially pending since last Friday (7.08.2022), so roughly 2 business days of wait time. I logged into my Chase account just now and saw the card w/ a limit of $10,000! Also, no credit needed to be moved from other cards, so this is a net gain 🙌
@tareqalahmed2 жыл бұрын
Hi mark Got the ihg premier with 50000 points bonus instead of 140000+ free night, I've opend case with chase and after reviewing they stick with the 50000 offer I'm thinking of closing the credit card since i haven't use it yet and maybe applying again after one month. Do you think that will effect my relationship with chase
@MarkReese2 жыл бұрын
@@tareqalahmed - Bummer. I doubt it would effect your overall relationship with Chase in a negative way, but: (a) it will result in another hard inquiry (b) if you get approved it'll count as another card against 5/24 - that's because closed accounts in the past 24 months still count, and (c) there's a risk of getting denied, then you may not have an IHG card for awhile.
@tareqalahmed2 жыл бұрын
Thank you man i appreciate the response, i guess if this is the case I'm just gonna keep it
@LogosBKC2 жыл бұрын
@@tareqalahmed When did you originally apply? was it before or after they made the offer of 140k? Did you not apply for the card with a coupon, or web link directly offering the 140k? This seems like an unfortunate result but I'm just wondering how they justified the verdict of the 50k. Sorry to hear the result brother. Still a decent bonus nonetheless.
@Xtremeproducts2 жыл бұрын
Is it just me or I’m more nervous whenever Mark does a “watch me apply” videos.
@MarkReese2 жыл бұрын
😂
@Xtremeproducts2 жыл бұрын
@@MarkReese it’s nerve racking
@zenster10972 жыл бұрын
@@MarkReese Yeah you're so laissez-faire about it. I guess that comes with doing this so much.
@CalrosACJ552 жыл бұрын
I feel like the application videos have been dropping so frequently that it there’s a denial lurking somewhere🤣. You should make a cc journey video with all your credit cards or at lease since you last made a video like that 🤓
@johnmckinstry60572 жыл бұрын
Hi Mark, I think you have a very good chance at getting approved for the card. The only two things that I could think of that might result in your application being denied is the amount of credit that you have with Chase is all that they’re willing to extend to you and possibly the number of inquiries. However, you could move credit from some of your existing cards in order to open the new card. They may also be willing to overlook the number of inquiries in a reconsideration call. I was just approved for the personal version of this card on May 18 and it’s my second card with Chase. My approval was not instant, either. However, literally seconds after I got the message “in review”, I got an email saying that I was approved. I honestly thought I would have to move some of my credit line from my other Chase card (Freedom Flex) to open the IHG card based on the amount of credit I have with other issuers, but it was not the case with me. Now I’m pretty confident that I can easily get a third Chase card later this year when I fall back under 5/24. I’m considering the Freedom Unlimited for the 5% back on gas for the first year.
@MarkReese2 жыл бұрын
Good points above, John, and congrats on your approval for the personal IHG Premier! 💯
@royzeus99692 жыл бұрын
Awesome video. That’s why I watch. Because you are real with real out comes. Nothing staged. Well done. I hope you get approved.
@MarkReese2 жыл бұрын
Thank you, Roy! 💯
@anthonyblack9906 Жыл бұрын
I'm not talking to you anymore because of your superbowl like cabinet open reveals LOL good stuff
@MarkReese Жыл бұрын
😂
@TheCreditFrog2 жыл бұрын
👑 Mark: Giving "sock-drawering" a card a whole new meaning by hiding his credit cards randomly around his kitchen 🤣. What a legend! Hope you get this one, but I dunno, that's a lot of hard inquiries, and I think Chase pulls from Experian, which is where you have the most of them. They can't deny you, though, that would anger a lot of people - including me! Good luck!
@MarkReese2 жыл бұрын
Haha a credit card scavenger hunt was needed 😂👌
@lewis200020002 жыл бұрын
I had to wait about 3 days after the application in review for the Chase business cash, great job Mark, remember you're going to get drilled about the type of business you have. I am sure you're ready for that, but for the new people knowing your ish about your business is very important when you call the reconsideration line.
@MarkReese2 жыл бұрын
Yep! And congrats on your approval for the Chase Ink Business Cash! 💵
@kev20202 жыл бұрын
"I'll give this a few more minutes..." 1.2 seconds later "Alright, done waiting 🤳" That cut was excellent! 😂 I wasn't approved right away but thanks to these vids and transparency, my anxiety has been halved until I get the go ahead. I think that your history with Chase should work in your favor.
@MarkReese2 жыл бұрын
Glad you enjoyed the cut 😂✌️ And glad to hear these videos have been beneficial to you!
@marquis98212 жыл бұрын
Your “watch me apply” videos makes me want to apply for cards lol. I love them 👏🏾👏🏾
@MarkReese2 жыл бұрын
Haha glad you like them!
@project_zellaz332 жыл бұрын
Facts
@Lawrence_McKnight2 жыл бұрын
Awesome KZbin channel. Thank you for being very detailed on all your channel. I just got approved for the CIHG business card last week. Just to give you an ideal. I am a Registered Nurse and I have a side hustle business teaching CPR and First-aid classes. I have the quadfecta, Chase premiere checking and savings, complete business checking, and the CIBC. Credit score is average 780 amongst the 3 bureaus and a history of 5 years. All that being said, you may lack the Complete Business checking g account if you have not mention that. Keep up the good work and I will keep following you on your credit card adventure
@MarkReese2 жыл бұрын
Congrats on your approval, Lawrence! Thanks for the additional details as well 👊💯
@MarkReese2 жыл бұрын
Do you have an IHG card? If yes, which one(s)? 😃💳
@paulstein9162 жыл бұрын
I don't have any hotel cards. I've been team cashback until recently dabbling in travel cards. Which one would be best first hotel card to get?
@MarkReese2 жыл бұрын
@@paulstein916 - If you're below 5/24, consider getting one from Chase that has properties were you wanting to stay.
@Mundus-vult-decipi2 жыл бұрын
I love watch me apply videos!
@MarkReese2 жыл бұрын
Glad to hear it!
@smurkio_otf2 жыл бұрын
At this point when you submit new applications, it has me in suspense and on the edge of my seat. You never know what can happen even with calling the reconsideration line.
@MarkReese2 жыл бұрын
The suspense is always real 😄
@BlackOpzFX2 жыл бұрын
APPROVED - The only issue Is credit limit. I wonder will they ask you to 'close' a card or transfer limits from another card.
@MarkReese2 жыл бұрын
We'll see 😁👍
@klvAcosta2 жыл бұрын
I applied for the same card 3 weeks ago, a few days later the application was approved then it took about a week to receive the card. The CL is $11k
@MarkReese2 жыл бұрын
Awesome, congrats and thanks for sharing your experience! 💯
@memuxamune3072 жыл бұрын
Love the comedy of Mark 💖 I'm going to go put my credit cards in random places like Easter eggs too. 🤔
@MarkReese2 жыл бұрын
Thanks Guillermo 😂👊
@Leoprieto742 жыл бұрын
Damn, Marky boy,.. 45 cards? I hope you still have that beautiful Billiard table to setup your 45 cards and do your magic. Man, I have NO doubt you will get approve. As oppose than me that got DENIED for the Barclays Wyndham Business Earner Card a few days ago. The reason for denial was that I am not as GREAT as Marky boy!!! Cheers brother 🍻.
@MarkReese2 жыл бұрын
Lol...that'll be an epic day when that becomes a reason for denials 😂
@Leoprieto742 жыл бұрын
@Shawn S I agree,.. Amex is the best by far.
@OKZK_Bros Жыл бұрын
does the business card show in the chase app with your personal cards?
@MarkReese Жыл бұрын
Not initially; you'll have to create a new / separate business profile. Then you can ask Chase to merge the 2 into a single profile.
@tareqalahmed2 жыл бұрын
They hold my application for one week but finally got approved today, i think you will get approved since we almost have the same credit profile
@MarkReese2 жыл бұрын
Congrats on the approval, Tareq! 🏆
@Xtremeproducts2 жыл бұрын
Hi change the cabinets from all white khaki.
@MarkReese2 жыл бұрын
A result of moving to a new place ✌️
@Xtremeproducts2 жыл бұрын
@@MarkReese oh ok I see. I pay attention to my KZbin surroundings lol. Congrats
@qahtanalqaysi51162 жыл бұрын
You will get approved and the only issue you might face IMO your current credit limit with Chase based of your income and spending actions which may ask you to reallocate some of your Chase limit to the new account!!
@MarkReese2 жыл бұрын
I'd be happy to reallocate 😁
@qahtanalqaysi51162 жыл бұрын
@@MarkReese I had this experience with Chase business to reallocate some of my brother limit to another one ☝️ and Bank of America when I got approved for Spirit personal CC as I already had 91k and got approved for 14k with Spirit so they had to take $5100 but I did not accept this deal and asked them to approved me for $8900 on the Spirit CC because I don’t spend more than that on flying at ones but they moved my application to risk management department 😂 and asked me about my wealth in general like house, investing in the stock market plus liquid cash so be ready to answer all these questions just in case that you might face similar scenario that matches mine 😂
@floridaproductions2 жыл бұрын
Mark I’m going to go on the record here. It’s time to now give your plastic cards the [microwave] test !!
@MarkReese2 жыл бұрын
🤣♨️💳
@lewis200020002 жыл бұрын
....and good luck, I am looking to get that same IHG card.
@MarkReese2 жыл бұрын
Thanks! 👊
@genes43152 жыл бұрын
I’ve read online the 7-10 day message almost always means denial. Curious to see how true that is. Good luck!
@MarkReese2 жыл бұрын
Not this time, approved! 😁👊
@nickevans42732 жыл бұрын
Mark, What’s your opinion on a targeted CFU/CFF offer with 5% cash back on gas up to $6,000 in first year of card membership? Pre approved for 14k limit, which would nearly double my overall available credit. I know they are great cash back cards, but I’m also being targeted for the United Explorer with a 70k SUB (I live 25 minutes outside a United hub) which I could then downgrade to the Gateway card after a year if I don’t want to pay the AF to earn 2x miles on gas. What are your thoughts? I like to travel, but also value cash back, so this is tricky for me. I currently have the Marriott Bonvoy Brilliant and the TD Cash Visa.
@MarkReese2 жыл бұрын
If you're preapproved, value both cash back & travel rewards, can meet the spend requirements for the bonuses, and if both cards give you good value, then why not go for both 1-3 months apart?
@nickevans42732 жыл бұрын
@@MarkReese I was thinking about that. I am just worried about 2 hard inquiries in such a short period of time dinging my score. My inquiry from my Bonvoy card in May 2021 still shows on my report, but I’m not sure it’s affecting my score at this point.
@MarkReese2 жыл бұрын
@@nickevans4273 - If you need the highest score possible (e.g. to get a better rate on a car, home, etc.), then it's best not to get any new cars until that's done. If you don't have a need, then a temporary drop in score has no real world implication.
@michaeldiaz60602 жыл бұрын
Hey Mark, I’m trying to apply for the Amex business prime card for Amazon. I already have an existing Amex account with gold and plat. I wanted to know if applying for that business prime card would impact my personal credit. I know typically no business card will impact your score but for some odd reasons the videos I’ve seen as well as info I’ve dug up is saying otherwise. Reason I’m stressing is because I’m in the process of buying a house.
@MarkReese2 жыл бұрын
Hi Michael - Amex business credit cards do not show up on your personal credit report. Therefore, they do not impact your personal score. The only way they _could_ hurt your score is by getting another hard inquiry, which may temporarily lower your score. However, since you already have an Amex card relationship, a new card will likely be a soft pull (though Amex can still pull your report if they like).
@zenster10972 жыл бұрын
Very difficult to predict without knowing your debt-to- income ratio and credit limit-to-income ratio (I figure this is an important factor), which I would totally get not wanting to disclose that info to the internet.
@MarkReese2 жыл бұрын
Agreed 👍
@saab9312 жыл бұрын
What are the Chase business credit card rules? . If I want to apply for both IHG credit cards, business and personal, what do I need to know
@MarkReese2 жыл бұрын
I'm only aware of the 5/24 Rule and 2/30 Rule for that situation.
@saab9312 жыл бұрын
Does it matter how many business credit cards you can have through Chase?
@MarkReese2 жыл бұрын
@@saab931 - I don't know if Chase has a limit. I'm not aware of one.
@saab9312 жыл бұрын
I was declined and they told me that they'll send me a letter just like you.
@MarkReese2 жыл бұрын
@@saab931 - Bummer. Learn the reason(s), then consider a call to the reconsideration line 👍
@Xtremeproducts2 жыл бұрын
2nd 🥈 from Poland 🇵🇱. Hey mark
@MarkReese2 жыл бұрын
Cześć! 🇵🇱
@Xtremeproducts2 жыл бұрын
@@MarkReese witaj moj przyjacielu
@kmque31662 жыл бұрын
Hi Mark, the cabinet card intro was nice! I think u will be denied cos 2 much credit cards + inquires.
@MarkReese2 жыл бұрын
Thanks! Time will tell what the result will be 😁
@jeremymoore4502 жыл бұрын
Mark, You ways get approved. I never do unfortunately. Appreciate these videos buddy.
@MarkReese2 жыл бұрын
We'll see 😁
@PointsPrecision2 жыл бұрын
I wonder if calling the business reconsideration line would've given you a different result, because I noticed that the blog had a seperate number for business cards.
@MarkReese2 жыл бұрын
Not sure ✌️ I'm going to wait it out for now.
@raze24002 жыл бұрын
I thought applying for a business card had nothing to do with your personal credit? 🤔 or a hard pull?
@MarkReese2 жыл бұрын
Just a hard pull. Your personal credit is still a factor in getting approved for a small business credit card.
@339Raza2 жыл бұрын
Between IHG and Hyatt which program is worth applying for first as a first hotel credit card?
@MarkReese2 жыл бұрын
The one that has the properties you want to stay at 👍 There isn't an objective answer. I'd personally go for Hyatt because it suits my travel style. However, Hyatt is a very small chain with very few hotels compared to IHG, Marriott, Hilton and others. So even if it were "for sure" a better card, if Hyatt doesn't have hotels in the places you want to go, then it won't matter.
@ItsReezun2 жыл бұрын
Yes you probably Will get approved unless you might have to moves some limits
@MarkReese2 жыл бұрын
Sure hope so! 🏆
@brad159us62 жыл бұрын
Holy annual fees mark! Lol 😂 I thought I was bad with the CS plat, Vanilla Plat, Amex Gold, Delta Plat, and Hilton Surpass sheesh 😂😂😎😎
@MarkReese2 жыл бұрын
😁👊
@zenster10972 жыл бұрын
Question. Does 5/24 start with the chase card you get? If you got a card a month before your first Chase card, is that 2/24 or 1/24?
@MarkReese2 жыл бұрын
It starts - and continues - with any card from any bank that appears on your credit report. You could have 5 Amex cards and be at 5/24.
@U436352 жыл бұрын
So do you pretty much apply every 3-4 months for one card?
@MarkReese2 жыл бұрын
Me personally...no. I don't have a set pattern.
@armytruth68602 жыл бұрын
Will 5/24 come in when I apply for a chase business credit card
@MarkReese2 жыл бұрын
Yes. You must be below 5/24 to get a Chase business card. However, if you get approved, the new card will not increase your 5/24 count.
@SolidLiquidFox2 жыл бұрын
So...you went for that 5th Chase business card. I heard rumors they are comfortable at four and if they like you then MAY BE five. Bold strategy Cotton, let's see how that works out... 🙃
@MarkReese2 жыл бұрын
Time will tell!
@SolidLiquidFox2 жыл бұрын
@@MarkReese personal card has the better offer right now so that's plan B
@MarkReese2 жыл бұрын
@@SolidLiquidFox - It does, but that's not my Plan B 😁
@SolidLiquidFox2 жыл бұрын
Congrats on the approval 👏
@MarkReese2 жыл бұрын
@@SolidLiquidFox - Thank you! 💥
@Mundus-vult-decipi2 жыл бұрын
I think you will get approved may have to reallocate credit but I do think approved.
@MarkReese2 жыл бұрын
Sure hope so! 👌
@Reach2Sabya2 жыл бұрын
Hi Mark. I have more than 5/24. Do chase care for 5/24 for this card?
@MarkReese2 жыл бұрын
Yes, 5/25 still applies to this card.
@Reach2Sabya2 жыл бұрын
@@MarkReese alas, thanks
@ascubapro2 жыл бұрын
Thanks for another great video. You are great!
@MarkReese2 жыл бұрын
Thanks Eddie!
@devonmaska61492 жыл бұрын
Sorry you're having to wait for approval or not due to having a lot of credit. I currently have almost $50k in credit with Chase between 3 personal credit cards in which one is my highest credit limit out of my cards which is $38.5k on an United Explorer card & I've been with Chase for 14 years & currently waiting for "you are already approved" offers they show under the just for you page when you're logged in to your account since I am over 5/24 due to really needing credit when I went through almost 7 years of health issues from Nov. 13 through May 20.
@MarkReese2 жыл бұрын
Nice $50K total! 😃👊
@devonmaska61492 жыл бұрын
@@MarkReese Thanks. I really want the INK Cash card due to 5% on cell phone. That's why I am waiting for a "you're already approved" offer & if I got denied due to alot of credit or another reason besides too many recent opened accounts I would move credit from my United Explorer card due to my $38.5k limit. I found out from Chase awhile back that they won't be able to move credit to a new card from a current account if you were denied due to too many recent opened accounts.
@kevinanderson50952 жыл бұрын
Approved of course! 😉
@MarkReese2 жыл бұрын
That's the answer I'm hoping for 😁
@trainergar66752 жыл бұрын
Did you rule out the Amex Delta Reserve with the 747 edition?
@MarkReese2 жыл бұрын
Yep 👍
@arianacastillo18872 жыл бұрын
I opened a capital one quicksilver card and closed it the same day about two months ago. Since it shows up as a hard inquiry, if I get it removed will it affect my credit?
@arianacastillo18872 жыл бұрын
Also going to mention it never showed up on my report as a new account, just an inquiry from cap one
@MarkReese2 жыл бұрын
@@arianacastillo1887 - If you get it removed, your score should improve. However, if you yourself opened the account, then the inquiry is justified. Inquiries aren't a big deal anyway.
@arianacastillo18872 жыл бұрын
@@MarkReese also, I opened an Amex plat (schwab version) because I was planning on traveling this year, but now I’m not so sure. So the $700 AF doesn’t make sense. I did some research and if I’m right, I can close it in a year right? I know people downgrade, but I already have the gold as well. If I close it after a year, will I be able to get it again if I wanted in the future?
@MarkReese2 жыл бұрын
@@arianacastillo1887 - Several things here... 1. Yes, you can close it after a year and still keep your bonus. 2. You'll need to have at least 1 Amex card open that earns Membership Rewards points in order to prevent the points from being forfeited. 3. The Schwab Platinum Card cannot be downgraded. 4. Yes, you can get the Schwab Platinum Card again in the future, but with no bonus.
@Mac-pluto2 жыл бұрын
How long do they usually run the promotion for IHG subs? Currently over 5/24 until October 😬
@MarkReese2 жыл бұрын
Not sure. This 140K is still the new launch offer.
@chrisbrown87482 жыл бұрын
I think your going to get approved because I’d approve you if you applied for a line of credit from the bank of Chris Brown👍🏽👍🏽
@MarkReese2 жыл бұрын
I like the reasoning! 😂👊
@DuffMan-c5z2 жыл бұрын
Same thing happened to me when applying for the personal card. The recon line didn't have any information, then 3 days later I received the approval letter. Chase pulled CL from another card to establish the IHG line. 91k income 38,300 CL
@MarkReese2 жыл бұрын
Congrats & thanks for sharing your experience! 😃👊 Did they automatically reallocate your credit line without calling you?
@DuffMan-c5z2 жыл бұрын
@@MarkReese thanks. they did reallocate without calling me.
@roadking_tv2 жыл бұрын
Damn... you've got alot of cards😯😯
@MarkReese2 жыл бұрын
Indeed 😬
@johnnywaves13262 жыл бұрын
How do you manage all of the credit cards you have?
@MarkReese2 жыл бұрын
Spreadsheet + MaxRewards app
@johnnywaves13262 жыл бұрын
@@MarkReese Can you do a video about your spreadsheet method
@MarkReese2 жыл бұрын
@@johnnywaves1326 - Perhaps at some point!
@johnnywaves13262 жыл бұрын
@@MarkReese I just watched your video on how you pay your credit cards with your spreadsheet from about a year ago. Thanks!
@MarkReese2 жыл бұрын
@@johnnywaves1326 - You bet!
@riosafado2 жыл бұрын
IS this card under Chase 5/24 ?
@MarkReese2 жыл бұрын
Yes, you need to be at 4/24 or below to get approved.
@SentinalGaming2 жыл бұрын
I have one doubt i am an youtuber can i get a business credit cards if so how?
@MarkReese2 жыл бұрын
Sure. You can apply as a sole proprietor if you don't have an LLC.
@SentinalGaming2 жыл бұрын
@@MarkReese wow then it opens a great window for me. Thank you mark you the best. ❤️ from India.
@MarkReese2 жыл бұрын
@@SentinalGaming - Glad that helps! Note that the cards I mention on my channel are only available in the U.S.
@lonewolfie5562 жыл бұрын
Mark , you will be denied. Chase will say gente are too many open accounts
@MarkReese2 жыл бұрын
We'll see 😁
@aaront9362 жыл бұрын
Is ihg still apart of chases 5/24 rule?
@MarkReese2 жыл бұрын
Yep 👍
@armytruth68602 жыл бұрын
will a business credit card incure a credit inquire
@MarkReese2 жыл бұрын
Yep. Chase pulled my Experian credit report for this card.
@DCGEMINI2022 жыл бұрын
No hilton aspire? I
@MarkReese2 жыл бұрын
Nope. I had 2 of them in the past. Canceled both. Here's a link to the video about it: kzbin.info/www/bejne/oJSadayQbLKqj6c
@hnyflvr2 жыл бұрын
New kitchen...who dis? 😁
@MarkReese2 жыл бұрын
Same KZbinr! 😂✌️
@kdawg94772 жыл бұрын
I got denied for thr ihg...
@MarkReese2 жыл бұрын
Bummer. Did Chase give you any reasons?
@mitchell.96322 жыл бұрын
We will see as I'm sure you will update us.
@MarkReese2 жыл бұрын
The clock is ticking... ⏰
@dmetalgear2 жыл бұрын
You got approved?
@MarkReese2 жыл бұрын
Yep! 👍
@emeryjames28872 жыл бұрын
You will be approved
@MarkReese2 жыл бұрын
Hope so!
@Gospeed7772 жыл бұрын
You are def getting approve
@MarkReese2 жыл бұрын
I like the good intention! 😎👊
@Gospeed7772 жыл бұрын
@@MarkReese 😆
@timothymoore17912 жыл бұрын
This still happening me about this content
@MarkReese2 жыл бұрын
👍
@germanantor24552 жыл бұрын
DENIED
@MarkReese2 жыл бұрын
😬
@Pazman19692 жыл бұрын
🤞🤞
@MarkReese2 жыл бұрын
💯👍
@achavez782 жыл бұрын
#DENIED They found out you escaped from 5/24 Jail. Chase police department on their way to arrest you.
@MarkReese2 жыл бұрын
😬
@-_-_-_-_-_-_-_-_-_-_-_-...2 жыл бұрын
You can get this card if you already have the chase personal IHG??
@MarkReese2 жыл бұрын
Yes 👍
@andreherrera81612 жыл бұрын
Hey Mark.will you add me as an Authorized User?? Lol..🤣😂🤣