You Can Apply for a Business Credit Card as a Sole Proprietor. ... If you are doing business as yourself, then you can select “sole proprietor” as your business type, use your name as the business name, and use your Social Security Number as the tax ID number.
How to get a business credit card with no business. Just about anyone can get a business credit card. You don't need to be running a corporation, but you do need to be able to list some kind of business, even if it's just your one-person side hustle.
Apply for a business credit card
Most small business owners who apply for business credit cards apply using their personal credit, not their business credit. Because of this, if a business owner's credit report isn't in good shape – with a score of at least 640 to 700, depending on the card they're applying for – they may be denied.
You don't need to be incorporated.
You might think that your company needs to be incorporated to apply for a small business credit card, but it doesn't. You can apply for a small business credit card if you have an LLC, a partnership, or even as a sole proprietor.
Here's the good news: You don't have to have a traditional “business” or own a major corporation to get approved for a business credit card. ... If you don't have an employer identification number (EIN) for your side gig, you can even apply for a business credit card as a sole proprietor.
4 Tips—Getting Business Credit Cards with No Personal Credit Check
Generally, the best small-business credit cards require a score of 670 or higher. While you might be able to qualify for a card with a lower score, you'll likely pay a higher interest rate or earn fewer rewards. When it comes to getting a small-business loan, banks have higher approval requirements.
When you apply for a new business credit card, it typically shows up on your credit reports as a hard inquiry, regardless of how it reports afterward. This could temporarily ding your credit, but it doesn't necessarily indicate the issuer will report the card's activity to consumer credit bureaus.
In general, your overall credit limit with Chase across all of your personal and business credit cards shouldn't exceed 50% of your income or $75,000. If you're coming close to either of those limits, ask for a credit limit decrease on one of your existing Chase credit cards before applying for a Chase business card.
Generally, you'll have a tough time getting approved for more than two Chase cards within 90 days (one business card and one personal card). Although, this isn't a hard and fast rule, it's always best to play it conservatively.
There are several easy approval business credit cards. That's because the easiest business credit cards to get only require fair or bad credit. They include Capital One Spark Classic for Business, the Staples Business Credit Card, and the Wells Fargo Business Secured Credit Card.
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