Every business was effected from the coronavirus one way or another (or both). Credit card companies have tightened their belts as well. But is it impossible to get approved for a credit card now?

At HelpMeBuildCredit we interviewed 25 applicants who submitted credit card applications within the last two weeks. Here is what we found:

  1. Almost no one was approved for a credit card with a score below 700
  2. Chase is very tight with approvals on their small business credit cards
  3. Chase is still approving with generous credit limits on their personal cards.
  4. Amex is also somewhat being tighter with their business credit cards. But we still see some approvals. Personal credit cards seem to be easier.
  5. Apple card is the only one approving credit cards with below 700 credit scores
  6. Citi Is still approving applicants with 700 plus credit scores.
  7. Discover is currently denying credit card applications even with good credit scores

The Data

Here is the list of applicants we interviewed and their responses:

Applicant #01

  • Card – Chase Sapphire
  • Approved – Yes
  • Credit limit – $5,000
  • Credit Score – 730 on CK, 10 months credit history

Applicant #02

  • Card – Chase Amazon Prime
  • Approved – Yes
  • Credit limit – $5,000
  • Credit Score – 774

Applicant #03

  • Card – Amex Business Platinum
  • Approved – Yes
  • Credit limit – N/A
  • Credit Score – 770

Applicant #04

  • Card – Chase Ink Business
  • Approved – no
  • Credit limit – N/A
  • Credit Score – six something

Applicant #05

  • Card – Apple Card
  • Approved – Yes
  • Credit limit – $4,000
  • Credit Score – 697

Applicant #06

  • Card – Chase United Club Card
  • Approved – Yes
  • Credit limit – $15,600
  • Credit Score – 781

Applicant #07

  • Card – Chase Sapphire
  • Approved – Yes
  • Credit limit – $5,000
  • Credit Score – 697

Applicant #08

  • Card – Chase Ink Business
  • Approved – No
  • Credit limit – N/A
  • Credit Score – 701

Applicant #09

  • Card – Apple card
  • Approved – Yes
  • Credit limit – $1,000
  • Credit Score – 690

Applicant #10

  • Card – Chase Freedom
  • Approved – Yes
  • Credit limit – $11,500
  • Credit Score – 750

Applicant #11

  • Card – Amex Platinum
  • Approved – No
  • Credit limit – N/A
  • Credit Score – 700

Applicant #12

  • Card – Chase Ink Business
  • Approved – No
  • Credit limit – N/A
  • Credit Score – 760

Applicant #13

  • Card – PayPal credit card
  • Approved – Yes
  • Credit limit – $5,000
  • Credit Score – 740

Applicant #14

  • Card – Discover
  • Approved – No
  • Credit limit – N/A
  • Credit Score – 714

Applicant #15

  • Card – Amex Everyday
  • Approved – No
  • Credit limit – N/A
  • Credit Score – 743

Applicant #16

  • Card – Chase
  • Approved – Yes
  • Credit limit – $12,000
  • Credit Score – 700

Applicant #17

  • Card – Apple Card
  • Approved – Yes
  • Credit limit – $1,250
  • Credit Score – 623

Applicant #18

  • Card – Chase Freedom
  • Approved – Yes
  • Credit limit – $3,500
  • Credit Score – 775 – Credit build with piggybacking only

Applicant #19

  • Card – Amex Hilton
  • Approved – Yes
  • Credit limit – $8,900
  • Credit Score – 713

Applicant #20

  • Card – Citi
  • Approved – Yes
  • Credit limit – $4,100
  • Credit Score – 763

Applicant #21

  • Card – Amex Blue Cash
  • Approved – Yes
  • Credit limit – $5,500
  • Credit Score – 713

Applicant #22

  • Card – Citi Simplicity
  • Approved – No
  • Credit limit – N/A
  • Credit Score – 680 – Due to high balances

Applicant #23

  • Card -Amex Amazon Business Card
  • Approved – Yes
  • Credit limit – $10,000
  • Credit Score – 762

Applicant #24

  • Card – Citi Simplicity
  • Approved – Yes
  • Credit limit – $500
  • Credit Score – 750

Applicant #25

  • Card – Amex Blue Business
  • Approved – No
  • Credit limit – N/A
  • Credit Score – 720

If you applied for a credit card within the last two weeks please submit your data, 1) What credit card? 2) Were you approved? 3) Credit limit? 4) Your credit score? You can submit your data in the comments below and i will update the post accordingly. Thanks!