Quick Answer: How Do I Get My First Business Credit Card?

What is the best starter credit card?

Best Starter Credit CardsCredit CardBest ForRatingCapital One® Secured Mastercard®No Credit History5.0 / 5Journey® Student Rewards from Capital One®Students5.0 / 5Capital One® QuicksilverOne® Cash Rewards Credit CardCash Back4.7 / 5OpenSky® Secured Visa® Credit CardEasy to Get Approved4.0 / 51 more row.

How do I check my business credit?

Get a summary of your Dun & Bradstreet, Experian and Equifax business credit report. Receive business credit grades for each score, plus your personal Experian credit score.

Can a person get a business credit card?

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.

How do you get a credit card for the first time?

Applying for a credit card with no credit history1 – Starter card. … 2 – Secured credit card. … 1 – Start with your current bank. … 2 – Choose between a starter card or a secured card. … 3 – Check the card’s terms and conditions before applying. … 4 – Find a card with the fewest fees. … 1 – Activate your credit card.More items…•

Do business credit cards check personal credit?

As long as you’re paying on time and keeping your credit card usage in check (things you should be doing with personal cards, too), it won’t hurt your personal credit score if the business credit card account gets reported to the personal credit bureaus.

Is it hard to get a business credit card?

Here’s a hard truth for small-business owners: You generally can’t get an unsecured business credit card without personal credit. Most offers require good or excellent credit and don’t have provisions for co-signers. … But if you’re starting with no credit, it may take a year or more.

What is a good first time credit card?

Why It’s the Best First-Time Credit Card Overall The best first credit card is the Capital One® Platinum Credit Card because it has a $0 annual fee and offers high approval odds to people with limited or no credit history. Capital One Platinum does not require a security deposit.

How can I build my credit fast?

Steps to Improve Your Credit ScoresPay Your Bills on Time. … Get Credit for Making Utility and Cell Phone Payments on Time. … Pay off Debt and Keep Balances Low on Credit Cards and Other Revolving Credit. … Apply for and Open New Credit Accounts Only as Needed. … Don’t Close Unused Credit Cards.More items…•

Can I get a business credit card with bad credit?

There are no unsecured business credit cards for bad credit, but there are unsecured personal credit cards for bad credit that business owners can still use. … Secured credit cards are better for small business owners with bad credit. They’re easier to get because they require a security deposit to open the account.

Can you build business credit without personal credit?

If you want to establish and build business credit without relying on personal credit, there are a few things you can do to get started. … The IRS doesn’t pull your credit history, however, so there’s no personal credit score impact. Once you have an EIN, you can work on applying for business credit.

What is the easiest business credit card to get?

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.

How can I get a business credit card with no credit history?

Top 5 Business Credit Cards for New Businesses With No Credit HistoryThe Blue Business Plus: Best for Long 0% Intro APR. … The Chase Ink Preferred: Best for Generous Welcome Bonus. … The Spark Cash: Best for Flat-Rate Cash Back Rewards. … The Ink Business Unlimited: Best for No Annual Fee. … The Spark Classic: Best for Fair Credit.