Can I get a business credit card with my EIN number?

If you have an employer identification number (EIN) — a nine-digit tax ID number assigned to your business by the IRS — you can use it to apply for a small-business credit card. But you will almost always have to also provide a Social Security number.

Can you use your EIN number instead of SSN for credit card?

Can I Use My EIN Instead of My SSN When Applying for Credit? Once you have an EIN, you can apply for credit with it instead of your personal SSN. However, most credit card companies and banks will still require an SSN because they require personal guarantees.

How do I build my business credit with my EIN number?

If you want to build business credit quickly here are five simple steps.

  1. Step 1 – Choose the Right Business Structure.
  2. Step 2 – Obtain a Federal Tax ID Number (EIN)
  3. Step 3 – Open a Business Bank Account.
  4. Step 4 – Establish Credit with Vendors/Suppliers Who Report.
  5. Step 5 – Monitor Your Business Credit Reports.

How do I use my EIN for credit?

Establish credit trade accounts with several companies that offer revolving credit lines. Use your EIN when filling out applications, charge what you need and then pay the amount in full and before the due date to establish good credit. Companies like Dell, Staples and Lowe’s often work with new businesses.

What can I apply for with EIN only?

Although many credit card issuers require an SSN for a business card, there are some cards on the market that only require an EIN.

  1. Corporate business card.
  2. Corporate gas card.
  3. Prepaid business card.
  4. Secured business card.
  5. Secured personal card.

Can I open a bank account with my EIN number?

While there’s no question that a tax ID number is important for any type of business, you generally can’t open a business bank account with only an EIN. Most banks also require additional documentation such as articles of incorporation, IRS Form 1040, and a business license.

How can I get a business credit card without social?

To get a business credit card without a social security number you’re going to need to get an individual taxpayer identification number (ITIN) as well as an employer identification number (EIN). Capital One and American Express are two companies that allow you to use an ITIN to apply for their business credit cards.

Can I use my EIN number to get a loan?

Can I Get a Loan with Just My Business EIN? Yes, there are certain circumstances where a lender will not use your personal credit score, but only your EIN as a factor in lending to you. Note that they won’t just use your EIN in isolation, as there are many factors that go into qualifying for a small business loan.

Do you need an EIN to apply for a business credit card?

The good news is that you have the option to enter your Social Security number on a business card application instead of an EIN (Employer Identification Number). So no, you do not need an EIN to apply for a business card.

Can I get an EIN for banking purposes only?

Here’s how to get an EIN for banking purposes only. The quickest and easiest way to obtain a tax ID for banking purposes is using our online application. It only takes a few minutes to fill out the form and we’ll send you your EIN to your email in an hour*. Apply for an EIN online today to open a business bank account.