Top 5 Business Credit Cards with EIN and No Personal Guarantee Requirements

Top 5 Business Credit Cards with EIN and No Personal Guarantee Requirements

Find out which business credit cards with EIN and no personal guarantee requirements are the best for your business. Discover the top 5 options available today.

28/05/2023
Rachel Nguyen
Rachel Nguyen
Web Developer and Technology Writer
Rachel is a software engineer who focuses on web development. She has experience building custom web applications for businesses of all sizes. Sarah is also a skilled writer and enjoys sharing her knowledge of web development with others.

Top 5 Business Credit Cards with EIN and No Personal Guarantee Requirements

As a business owner, having access to credit is important for growth and expansion. However, many traditional credit cards require a personal guarantee, putting your personal credit and assets at risk. Luckily, there are business credit cards available that allow you to use your Employer Identification Number (EIN) instead of your personal credit history and do not require a personal guarantee. Here are the top 5 business credit cards with EIN and no personal guarantee requirements:

1. Chase Ink Business Cash Card

The Chase Ink Business Cash Card offers a $750 cash back bonus when you spend $7,500 in the first 3 months after account opening. It also offers 5% cash back on office supplies, internet, cable, and phone services, and 2% cash back on gas stations and restaurants. There is no annual fee and no personal guarantee required.

2. Capital One Spark Classic for Business

The Capital One Spark Classic for Business offers 1% cash back on all purchases and has no annual fee. It also reports to multiple credit bureaus, helping you build your business credit history. There is no personal guarantee required.

3. American Express Blue Business Cash Card

The American Express Blue Business Cash Card offers 2% cash back on the first $50,000 in purchases each year, and 1% cash back after that. It also offers a 0% introductory APR on purchases for the first 12 months. There is no annual fee and no personal guarantee required.

4. Discover it Business Card

The Discover it Business Card offers 1.5% cash back on all purchases and doubles the cash back you earn in the first year. It also offers a 0% introductory APR on purchases for the first 12 months. There is no annual fee and no personal guarantee required.

5. Wells Fargo Business Secured Credit Card

The Wells Fargo Business Secured Credit Card allows you to secure your credit line with a deposit, making it easier to get approved. It also reports to multiple credit bureaus, helping you build your business credit history. There is a $25 annual fee and no personal guarantee required.

Conclusion

Having access to credit is important for any business, but it doesn't have to come at the cost of your personal credit and assets. These 5 business credit cards allow you to use your EIN instead of your personal credit history and do not require a personal guarantee, making them great options for business owners looking to build their credit and grow their business.

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