Anyone Can Apply For A Business Credit Card

Have you seen a hot offer from a credit card but stopped yourself from applying because it was for a business? Let me let you in on a little secret… anyone can apply for a business credit card. The reason anyone can apply is because anyone can be a business without filing any additional paperwork. To apply, simply put in your social security number as your tax identification number and put your name as your business name and you’re all set. The business entity type is called a sole proprietorship and it requires no paperwork to establish. There are no tax implications for saying you’re a business so you don’t have to worry about the IRS coming after you just because you applied for a business credit card.

Why would you want to apply for a business card? There are a lot of hot offers for businesses right now such as Discover Business Card’s 0% on purchases for 12 months and Blue from American Express’s 0% on purchases for 15 months. Here is a list of 0% APR on purchases cards, many of which aren’t business cards.

If you do have a business, the best business card to get has to be the Discover Business card, my full analysis is in the link.