Business Credit Cards

Top 3 Business Credit Cards for EIN Only Owners

As an EIN-only business owner, it can be challenging to build credit for your business. Fortunately, there are credit card options available that can help you establish credit and earn rewards. Here are the top three business credit cards for EIN-only owners:

1. Capital One Spark Classic for Business

The Capital One Spark Classic for Business is a great option for EIN-only owners who are just starting to build credit. This card has no annual fee and offers 1% cash back on all purchases. Additionally, Capital One reports to all three major credit bureaus, which can help you establish credit for your business.

2. Chase Ink Business Unlimited

The Chase Ink Business Unlimited is another great option for EIN-only owners. This card has no annual fee and offers unlimited 1.5% cash back on all purchases. In addition, you can earn a $750 bonus cash back after spending $7,500 on purchases in the first three months of account opening. The Chase Ink Business Unlimited also reports to all three major credit bureaus.

3. American Express Blue Business Cash Card

The American Express Blue Business Cash Card is a good option for EIN-only owners who want to earn cash back on their business purchases. This card has no annual fee and offers 2% cash back on all eligible purchases up to $50,000 per calendar year. Additionally, you can earn a $250 statement credit after spending $5,000 on purchases in the first six months of account opening. American Express also reports to all major credit bureaus.

Conclusion

Building credit for your EIN-only business can be challenging, but with the right credit card, you can establish credit and earn rewards. Consider the Capital One Spark Classic for Business, Chase Ink Business Unlimited, or American Express Blue Business Cash Card as top options for EIN-only owners.