Comments on: Earning More Free Money Using Business Credit Cards

By: Multiple Uses For The Starwood American Express Card » My Money Blog

Multiple Uses For The Starwood American Express Card » My Money Blog — Mon, 10 Oct 2011 02:42:28 +0000

[...] There is also the Starwood Preferred Guest® Business Credit Card from American Express OPEN, which is offering an additional 10,000 free Starpoints. If you applied for both, you’d get 20,000 Starwood points, which could get you 25,000 airline miles, enough for a free ticket. Remember, anyone can apply for a business credit card. [...]

By: doug wolf

doug wolf — Thu, 12 Nov 2009 19:44:19 +0000

how do i find business card that dont ask for your personal SS# thanks

By: Annie

Annie — Wed, 27 May 2009 13:07:06 +0000

Hey,
Does anyone out there know..considering that Advanta is closing its business accounts by May 30th whether it looks better on your credit to close it yourself so that it doesn’t show that it was closed by the issuer?

By: Discover Business Card $100 Bonus - Expires 12/31 » My Money Blog

Discover Business Card $100 Bonus - Expires 12/31 » My Money Blog — Mon, 29 Dec 2008 17:40:38 +0000

[...] as requested, and leave the Federal Tax ID blank for this application (it will use your SSN). More details here. More $100 bonuses listed here. Bookmark or [...]

By: Card Tart

Card Tart — Mon, 20 Oct 2008 01:07:25 +0000

Tom Skladany said:

> Advanta business credit card is a farce … yet
> none of the companies I pay do business with them.

I don’t know what card you got from Advanta. Their web site pictures a MasterCard (the terms and conditions page says it’s a “MasterCard Executive BusinessCard”), so as long as they accept MasterCard, they should accept the Advanta card.

By: Jason

Jason — Wed, 01 Oct 2008 17:19:11 +0000

Hey Jonathan… I just applied for the Advanta Small Business Card and was accepted, but I was only offered a credit line of $2,500. I have a 760 FICO with perfect credit, and I was just a little confused on why they offered me such a low credit line. I was looking to make a balance transfer of $8,500 from a ESPN card that I have a 0% APR until January ’09. Do you think that I filled out something wrong on the application with Advanta, or should I over-inflate my earnings and the yearly revenue that my fictitious small business does? I have been doing this all throughout college to pay my tuition and it has worked every time. The only problem is, that I’ve already used up the offers with Discover, AMEX Blue, and Chase Platinum from prior balance transfers. Thanks in advance, and keep up the good work!

By: Tom Skladany

Tom Skladany — Wed, 17 Sep 2008 16:23:53 +0000

Advanta business credit card is a farce. I signed up for it at 7.99% and in 3 months they raised it to 25%!!!!!!!!!!!!!!!!!!!!! They told me I could pay all of my bills with their card and yet, n one of the companies I pay do businewss with them. Bank of America is the card i have now that allows me to pay all of my vendors and entities and the rate is 9.99%. Do not gte lured in with a low rate fro advanta, only to find out that they will take it to over triple the amount you start out with.

By: Costco American Express $25 Bonus, Chase NYC Commuter Cash, Free Credit Scores » My Money Blog

Sat, 06 Sep 2008 00:29:13 +0000

[...] Business Version If you have a business, or I guess a Costco Business membership, you should get the Business TrueEarnings American Express card because it offers a higher 5% back on gas in addition the same 3% on restaurants, 2% on travel, and 1% on everything else. No $25 bonus, though. For individuals, leave the “Business Tax ID” space blank and just use your Social Security number, and they will treat you as a sole proprietorship. [...]

By: Art

Art — Sun, 06 Jul 2008 01:06:37 +0000

Hey guys…just recently found out about this site and looks promising. I got a question though about the business card from Costco. I heard that that 5% on gas is GREAT, but don’t you need to file any cash back that you get with the IRS? One of my friends said that this is the reason why he does not get business credit cards since you would need to file it with the IRS. So would it be worth it to even get it or just the consumer version? By worth it, I mean like not having any tax that comes with these cash back rebates and anything associated with owning the card.

By: Insurance Australia

Insurance Australia — Wed, 02 Jul 2008 08:27:53 +0000

Your blog is very informative. However, earning money and balance your credit cards is pretty hard task but your post and experienced serve and teach me how to handle and make it more simple and manageable.

Thanks for the tips… Best regards.

By: Beth

Beth — Mon, 09 Jun 2008 23:15:23 +0000

After checking the internet on Advanta Platinum Business Card, I noticed in the fine print that there are no transferring of a consumer credit card balances over to the business card. Have you found this to be true? Should I still apply?

By: jasmine

jasmine — Tue, 20 May 2008 13:54:41 +0000

will this affect my taxes? will i have to pay business tax by having a business credit card?

By: $100 Bonus + 0% APR for 12 Months For Discover Business Card » My Money Blog

Thu, 15 May 2008 11:19:48 +0000

[...] as requested, and leave the Federal Tax ID blank for this application (it will use your SSN). More details here. Bookmark or Share: These icons link to social bookmarking sites where readers can share and [...]

By: Costco TrueEarnings American Express - Rewards Card Review » My Money Blog

Costco TrueEarnings American Express - Rewards Card Review » My Money Blog — Mon, 12 May 2008 11:09:40 +0000

[...] Business Version If you have a business, or I guess a Costco Business membership, you should get the Business TrueEarnings American Express card because it offers a higher 5% back on gas in addition the same 3% on restaurants, 2% on travel, and 1% on everything else. Leave the “Business Tax ID” space blank, and they will treat you as a sole proprietorship. [...]

By: Sithmorg

Sithmorg — Sat, 10 May 2008 13:28:23 +0000

I have been doing the balance transfer thing for years. Doesn’t look like you’ve missed any of the tricks. So far I’ve made about 30K doing it. Between my wife and I we have been able to keep a running balance of 175K to 225K for several years now. Citi Bank has been one my primary cards for both of us. However, they got rid of the cap on the balance transfer fee. If you use the credit card application on your cite, the terms and agreements still have the $75 cap in them. However, none of the cards have this cap on the Citi website.

I’ve been coming to your cite, among others, for a while now because you keep pretty decent updated lists of the best cards which saves me a little work. But I wanted to alert you this so that you could update your info on Citi cards regarding the balance transfer fee to return the favor a bit.

Alternatively, you can let me know how you are still getting the $75 cap. That would be even better.

By: Sonya

Sonya — Sun, 23 Mar 2008 18:52:34 +0000

Walmart Business,Officemax,Shell GAs–Ihave these and you can use walmart at Sam’s as well.I know they are not major-but wanted to pass this info on.I’ve really utilized the Walmart -at Sam’s Club for food supplies.

By: Carlette

Carlette — Tue, 24 Jul 2007 16:51:42 +0000

I would like to know which business credit cards do not use ss numbers, I have already gotten Staples and Office Depot. I need a major one.
Can anyone help me

By: Dr Rev Moore

Dr Rev Moore — Mon, 23 Jul 2007 18:49:49 +0000

PS/I am discovering the difference, I feel at ease:

The con (Scam) was simple. Companies would target consumers with bad credit and offer to create a brand new credit file for them by substituting an Employer Identification Number (EIN) for their Social Security Number (SSN) along with a new address. EIN’s were obtained from the Internal Revenue Service on behalf of the consumer. With the EIN and a new address the companies would either have the consumer apply for credit with the “new information” or the company would apply for them. When the creditor would run the application it would automatically create a new credit file because the computer would be unable to find the consumer in the database due to the new address and SSN.

By: Dr Rev Moore

Dr Rev Moore — Mon, 23 Jul 2007 18:27:47 +0000

Re: Article,
I hope that works, i am a small business owner/counselor, with an EIN, not even in use, yet. I ordered it late, for 2006, i claimed my business in 2005. I would like my personal credit to remain completely separate from my Business Credit. I have read other articles about small businesses “purposely” combine your personal SSN with your EIN on applications. These cancels the whole concept of personal and business ID separation. The IRS, likes to restrict the use of EINs (or not give much information?), however all over the internet, there is way more inflexibly with EINs. I have seen it pop up online, as a “scam”, but i believe this is with Non-Business individuals, looking for a new identity. I guess it is good to gain personal research. Thank you, for the public article. I need the comfort and reassurance, or specific instructions is a better statement.

By: Jonathan

Jonathan — Wed, 02 May 2007 19:52:43 +0000

How long have you been in business?

For me, I’ve been reporting Schedule C self-employed income since 2004 so I use that number. Of course, I’m sure Citi has no way to verify this one way or another. But for my corporate cards, I think I only put down 1 year.

By: Tom

Tom — Wed, 02 May 2007 18:46:44 +0000

What should I fill on the citi application that asks for “years in business”? I’m thinking just a few years… since I graduated college.

By: Dorian

Dorian — Mon, 26 Feb 2007 08:58:24 +0000

I don’t have a small business but I am trying to start a career in professonal racing. Would it be illegel to have a business credit card? Car parts are expensive and with the credit card I have now I max it out and pay it off to fast. I need a higher credit limit but The card I have now they don’t seem to understand that parts arent cheap they will fill up a 1000 dollar credit line. And since I do work I pay that off in like a week so it doesn’t really help me any at all. I wana apply for a business credit card so I chan have a higher limit. But I don’t wanna get arrested in the process. What do u think?

By: My Favorite Business Rewards Credit Cards » My Money Blog

My Favorite Business Rewards Credit Cards » My Money Blog — Fri, 09 Feb 2007 09:50:54 +0000

[...] I’ve written about my favorite rewards cards already, but someone asked about my favorite business cards. On top of the rewards, I like these because they can also help you track and separate your business expenses. Remember, individuals can also sign up for business cards under their own name. [...]

By: Multiple Uses For The Starwood American Express Card » My Money Blog

Multiple Uses For The Starwood American Express Card » My Money Blog — Wed, 17 Jan 2007 01:40:00 +0000

[...] There is also the AmEx Starwood Business Card, which is offering an additional 10,000 free Starpoints. If you applied for both, you’d get 20,000 Starwood points, which could get you 25,000 airline miles, enough for a free ticket. Remember, anyone can apply for a business credit card. [...]

By: Best Business Credit Cards With 0% APR Offers » My Money Blog

Best Business Credit Cards With 0% APR Offers » My Money Blog — Tue, 19 Dec 2006 21:33:27 +0000

[...] I hate it when I just plain forget to post things, which is I’m glad I did that survey One of the main reasons why I brought up the fact that anyone can apply for business credit cards is that you can take out 0% APR balance transfers (see my detailed posts on how I do this first) and because business accounts and balances don’t show up on your consumer credit report, it won’t dink your personal credit score. The only problem is that business credit card offers tend not to be as juicy as the best consumer card offers. Still, here are some of the better ones. Again, I’m looking for 0% APR for the longest time, applying to both purchases and balance transfers, no annual fees, and lowest balance transfer fees. [...]