Do I Qualify For A Business Credit Card?
So the question is what qualifies as a business? You might be surprised.
Obviously a business with lots of employees qualifies, but what about small businesses?
Actually, most small side businesses can qualify. If you freelance, sell things on Etsy or Ebay, tutor, babysit, consult, blog, those all qualify for businesses.
Plus Chase does not care if you use the credit card for personal or business expenses.
Do I Qualify For A Business Credit Card?
You can apply for a business credit card with an EIN number OR if you are a sole proprietor, then you can enter your social security number as your tax ID number. You do not need to become an LLC or Corporation. But you will need a credit score between 670-850.
A few tips when filling out the application:
1. if you are a sole proprietor, your business name is your name.
2. your business address can be your home address
3. type of business - Corporation, LLC or sole proprietorship
4. tax ID number - an EIN number if you have it, otherwise, use your social security number
5. annual business revenue - how much does your company make in a year
6. age of business - how long have you been in business
7. number of employees - you count as one employee
Do I Qualify For A Business Credit Card?
You can hold more than one Chase Ink credit card at a time so even if you already have one, you can still apply.
If you decide to apply for the Chase Ink Business Preferred, consider applying through my referral link here. You get the same great offer and I get a small bonus for referring you.