How to get a Business Credit Card Without a Business

When I mention you can get a business credit card without having a business, people automatically think about the CIA breaking through the door and chase calling code blue. ✅Free LLC: bit.ly/Zenbusiness✅

In reality its a lot more simple than you think, so in this video, I’ll tell you how to do it, and also with no lying involved. I don’t want you to lie, on your application because that could cost some issues. (and you should never do it )

How to Get a Busines Credit Card without a Business

Segway: But guys lets get into the video I'm breaking down, how exactly you can get a business card without having a business officially.

1. There are two ways you can apply, as a sole proprietorship with your social or as a corporation with an EIN number. Let me explain.
For Example:
- When I got my business official, I got what you call an LLC, Limited Liability Company.
- This way when angry companies try to sue me for being honest
- They'll just sue the business, which I can make sure has no financial gains at the moment ( all legal of course) This way they can't come after my personal assets.

Now: To create an LLC, here's how you do it
- You’ll have to pay filling in your state: prices are different are vary
- And you’ll have to pay the person that set it for you, usually a fee of 200+
- But… if you do it how I did it, then it comes out free

I used ZENBusiness and they file the business for free
Link to Zen:
Tip: If you want to start a side hustle, this might be a good reason to do it also.
Btw: and EIN Number is just an identification number for your business, like what your social is to you

2. Sole Proprietorship
Example:
- This is the easiest one, but if your business turns real and official, then you’ll be liable for any liabilities.
- But don’t worry you can always convert it into an LLC
- So if things do get serious you can make it more official.

How this works:
- When you apply, they’ll ask you for your social security and it will be based on you
- Because a sole Propriaship just means, you’re the owner and you take all the risk, and also are responsible for all the debts.
- Not my favourite but the easiest if your not really that active.

3. What business can I make
Example:
- When they initially make you a business account, they’ll use it with your information usually and the corporations
- Same for a credit card, because most first-time agreements require to be liable
- But I’m telling you this to let you know you don’t need a billion-dollar in the sales business, it can be 100 bucks a month

Examples;
- Selling things on eBay: I did for a while, you can go to goodwill or sell items around the house and call a business.

- Freelancing: Fiverr, Upwork, if you have a skill and you use it once a month, then that’s a business

- Consulting: Hey I consult my friend on how to do what I just did and charged him $5, that’s a business.

- Driving for rideshare apps: I drive uber and uber eats once a month, things are hard but that’s a business.

- Babysitting – mom pays me to babysit, it's my business.

4. But Tommy what about my credit | how I’m I going to get approved and will it hurt me
Well, the answer is not as simple as 1-2 but its as simple and 1-3 (it's not supposed to make sense, don’t overthink it)
- But some credit cards report the balance and some don’t
- Example Discover and Capital One have a reputation for reporting what goes on in your business account to your business credit score
- But chase has never done it to me

Solution: ask them before you apply.
5. Pros
Huge Signup bonus ( double UP)
Sign up bonus on business accounts
More benefits
More cashback

Video on Free LLC: youtube.com/watch?v=QtJ9DWzQTkI
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Disclosure & Educational Disclaimer:
Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.