Business credit cards with EIN only—how to apply

Business credit cards can be a great way to build your business credit, earn rewards, and improve your cash flow. But if you don't have an EIN (Employer Identification Number), it's not always easy to get approved for one.

Apply for a business credit card

To apply for a business credit card, you need an Employer Identification Number (EIN). This number is used to identify your business in the eyes of the IRS, and it will be required on all applications.

You can apply for an EIN online, by phone or by mail:

• Online-- Visit https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-(ein) to get started. You'll need basic information about your company, including its legal name and address, so be sure that this information is accurate before filling out the form! Once complete, you'll receive an EIN immediately as well as a printable confirmation letter with instructions on how to use your new EIN number going forward (i.e., when applying for loans or mortgages).

• By Phone-- The IRS has set up a special hotline at 866-255-0654 where callers can speak directly with someone who can help them obtain their EIN over the phone within 24 hours (or less if there's no wait). All applicants must have social security numbers before applying; however, if someone does not have one yet then they can request one from this same line as well!

Open a new bank account

The first step to applying for a business credit card with EIN only is opening a new bank account. You can use your business credit card to pay for the new bank account, but you'll need to have an EIN before you start the application process.

You have two options when it comes to setting up your business checking account: either open one at an online bank or go into one of their brick-and-mortar locations (if they have them). We recommend going with an online-only option because many brick-and-mortar institutions charge higher fees than their online counterparts do--and these are fees that will add up over time!

If you're not sure which type of institution would be best suited for your needs, here are some things worth considering when choosing between them:

• Does this institution offer free bill pay? If so, how much do they charge per month? Are there other benefits like free ATMs or 24/7 customer service? What kind of customer reviews are there online about this specific brand versus others within its industry? The more information available before making any decisions helps ensure better outcomes down road."

Get your EIN

An EIN, or Employer Identification Number, is a unique nine-digit identifier for businesses and organizations that need to report income and pay taxes. You may have heard of them when you applied for your credit card and had to provide one to get approved.

While it's not technically required by law for all small businesses (those with less than $1 million in annual revenue), if you want to apply for a business credit card with an EIN only, then it's best practice to get one anyway--especially if your company has employees or contractors working on site (this is typically indicated by having a physical address).

Fill out your application for a business credit card with EIN only

• Provide your business name and address.

• Provide your business EIN.

• Provide personal information, such as your Social Security number, date of birth and home address (if different than the one above).

• If you don't have an EIN yet, enter "Applying For An EIN" in the space where it asks for this information on line 2 of Form 8917-BK or line 1 of Form 8917-CNF. Then enter all of the other required fields manually--no need to leave anything blank!

You can open a business credit card without a business tax ID number.

If you don't have a business tax ID number, you can still apply for a business credit card. You'll just need to provide an Employer Identification Number (EIN), which is what the IRS uses as your company's unique identifier. If your company has employees and pays them wages, then you should already have this number; if not, there are two ways of getting one:

• Go through the process of creating an LLC or corporation through the state where your business operates. This will give it its own legal identity separate from yours as an individual--and it will also mean that any new companies that come out of this one can use this same EIN without having to apply for one themselves (which could save time in the long run).

• Apply directly with the IRS by filling out Form SS-4 online or by mail if necessary--but only do this if there is no other option available!

Conclusion

This is a great option if you want to get a business credit card, but don't have an EIN yet. It's also great if you're starting a small business and don't want to pay for expensive business cards or incorporation documents before getting started. We recommend applying for an EIN at the same time as applying for your new card so that everything will be ready once approved--and remember that it only takes about five minutes!

Call +1-800-834-8767 for How to Get Business Credit Card.