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Is my Credit Card Account eligible for this Program?

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  • surety bond
  • insurance policy
  • visa card
  • master card
  • discover card
  • american express

 

To be eligible to become an Approved Supplier, you must have at least ONE Credit Card Account that meets the following Eligibility Requirements:

CREDIT CARD ACCOUNT ELIGIBILITY REQUIREMENTS:
1.  Must have a Perfect Payment History (No Late Payments).
2.  Must have a Balance of no more than 10% of the Credit Limit while in the Program.
3.  Must allow Authorized Users to be added Online or over the Phone.
4.  Must report Authorized Users to all 3 Credit Bureaus each Month.

Most major Banks meet requirements 3 and 4 above. If you are not sure, call your Bank and find out:

A: Does my Credit Card Account allow me to add Authorized Users?  (You need to get a “Yes”)
B: What is the Maximum # of Authorized Users that I can have on my Credit Card Account at any point in time? (The more, the merrier)
C: Will my Credit Card Account History get reported to the 3 Credit Bureaus of these Authorized Users each Month? (You need to get a “Yes)
D: How often can I change/replace Authorized Users? (Monthly is Best, every 2 Months is Acceptable, every 3 Months or more won’t work)
E:  Do I need to provide Photo ID, Social Security Card, or any other Documentation for each Authorized User I add? (You need to get a “No”)

Need Your Situation Analyzed?

We can take a look at your Credit Card Accounts and give you a Custom Cash Flow Quote so you can see exactly how much $$$ you can expect to earn per Month as an Approved Supplier. Get your Quote now – It’s FREE!

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Cash Flow Quote Now!

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