Quick Answer: Do You Need Good Personal Credit To Get A Business Credit Card?

With both a strong business credit history and a good personal credit score, you’ll be able to better meet your small business’s financing needs.

And when you apply for a business credit card, avoiding a personal credit check won’t be a necessary criterion.

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.

What are the easiest business credit cards to get approved for?

5 Easy Business Credit Cards to Get Approved For

  • Unsecured Business Credit Card: Capital One Spark Classic for Business.
  • Secured Business Credit Card: Wells Fargo Business Secured Credit Card.
  • Secured Personal Credit Card: Capital One Secured Mastercard.
  • Secured Personal Credit Card: Discover It Secured Credit Card.

What business credit card does not report to personal credit?

For instance, credit cards issued by Bank of America, Citibank, BBVA, and Wells Fargo won’t impact your personal credit score. On the other hand, Discover and Capital One report business card usage to personal credit bureaus. Meanwhile, Chase and US Bank only report seriously delinquent accounts.

Is business credit the same as personal credit?

Personal credit is what you build by showing trustworthiness when it comes to paying your bills on time and in full, from credit cards to automobile loans to home loans. Doing so increases your credit standing. However, it’s important to remember your personal credit should be separate from your business credit.