Regular Amex, SPG or the Airline Amex cards. Though I wouldn't use the Airline ones, as that limits your redemption choices.
Best business credit card?
- Thread starter rgordon83
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Regular Amex, SPG or the Airline Amex cards. Though I wouldn't use the Airline ones, as that limits your redemption choices.
I have a personal AMEX rewards card now but I wanted to get a Business card to keep it separate, preferably a charge card so I don't have to deal w/ limit caps.
Next question is, if I do get a business card, do I technically need to have a "business" or could I write "cool business" (or some other random name) as the business name?
Next question is, if I do get a business card, do I technically need to have a "business" or could I write "cool business" (or some other random name) as the business name?
They're going to want to run your D&B report for a business card so in short, no, 'cool business' won't cut it.
If you're getting denied, stop applying. Every time they run your application you get a credit inquiry - inquiries that lead to no credit card look bad for you and your future applications. I spoke to a senior rep at Amex, she said my credit score was fine (its over 750), but my history is too short. They need to see at least 6 months to a year of credit history with multiple revolving accounts. She said a min. was 2 satisfactory accounts with 6-12 months good standing on them.
It sucks but not much you can do about it.
It sucks but not much you can do about it.
Actually you don't need an EIN. For most biz cards, you can apply as a sole proprietor and just use your SSN as usual.
The bigger problem is it's way harder to get business credit these days, so they may deny you regardless.
Apply for an Amex Blue Cash for Business, build up a bit of history, and then re-apply to a better card at Amex.I got denied for amex
Any other alternative with good cash back and less stringent requirements?
I had a new LLC a bit over a year ago, a credit score in the mid to high 600s (not sure exactly at the time), and I easily got an Amex Blue Cash for Business card with a $6k limit. I now get Amex offers for upgrading my credit card easily once every 2-3 weeks (and probably should upgrade), and even in this economy Amex has increased my limit without asking for it.
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