Ein Business Credit Cards
You don t have to look far to find a business credit card you can apply for with an ein.
Ein business credit cards. We contacted several major issuers of business credit cards including chase citizens citibank pnc suntrust and wells fargo. In this video we outline what you need to know to get business credit cards without using your ssn and how to get these. That presents a lot of risk for card issuers who could wind up holding the bag for tens of thousands of. Applying for a business credit card with just an ein could make sense for a few reasons.
Applying for credit with an ein will help a business establish a credit file often without the need for the detailed review of a personal credit file. In many cases having an ein for an. One pro is that you prevent the card issuer from making an approval decision based on your personal finances says shannon vissers a writer editor focused on business credit cards at merchant maverick a website that reviews products for small businesses. No personal credit check.
What credit cards can you apply for with an ein. Using an employer identification number ein for credit purposes is a good way to separate personal credit from business credit. Ein credit cards will normally only be accepted once your business has an established credit history with other businesses the dunn and bradstreet number plus good references are a great way to establish your. Business credit cards with ein only.
One of the most common reasons for seeking a way to apply for business credit cards using ein only is to avoid the personal credit check that providing a social security number opens you up to. Ein only cards still offer the same high credit limits you get with other business credit cards but there s no personal liability. It is a number assigned to a business and acts similarly to a social security number meaning you can use an ein to apply for a business credit card that can help build your business credit. How to build business credit how to get business credit cards with ein only.
Browse business credit cards from a variety of major issuers and most will be accompanied by an application that looks something like the one below it s for the ink business preferred credit card. How to build credit for your ein that is not linked to your ssn.