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Don’t Miss Big Business Card Sign-Up Bonuses Because of This Misconception!

Don’t Miss Big Business Card Sign-Up Bonuses Because of This Misconception!

Million Mile SecretsDon’t Miss Big Business Card Sign-Up Bonuses Because of This Misconception!Million Mile Secrets Team

We devote thousands of hours of research to help you get Big Travel with Small Money. You support us by signing-up for credit cards through partner links which earn us a commission. Here’s our full Advertising Policy.

Million Mile Secrets reader, Sophia, commented:

Do you need to have a personal credit card with a bank to be approved for a business card with them?

Banks do NOT require you to have a personal card in order to approve you for a small business card.

Apply For Business Credit Cards
Just 1 Business Card Sign-Up Bonus Got Team Member Keith a Trip to Picture Perfect New Zealand!

Many banks like to build relationships with small businesses.  And applying for a credit card is a great starting point.

This is fantastic news because many small business cards come with lucrative sign-up bonuses, which can help you get Big Travel with Small Money!  For example, team member Keith used the sign-up bonus from the Ink Business Preferred℠ Credit Card to book a Business Class award seat to New Zealand!

Qualifying for a small business credit card might be easier than you think!

Business Owners Can Apply for Multiple Business Cards With Different Banks

Link:   How to Qualify for a Small Business Credit Card (And Why You Should Get One!)

Link:   Earn Big Miles & Points With These 7 Quick Small Business Ideas

You’re eligible to apply for business cards as long as you’re trying to earn a profit with your business activities.  This includes side hustles like hosting on Airbnb, selling on eBay, or freelance writing or design.

You’re NOT required to have an existing business banking relationship or a personal card with the bank.

For example, team member Keith has 2 Bank of America business credit cards.  But he doesn’t have a banking relationship or any Bank of America personal cards.

Here’s how to save $1,000 on your vacation with top business cards like the Chase Ink Business Preferred (check out my review of the fantastic 80,000-point offer) or Starwood Preferred Guest® Business Credit Card from American Express.

Apply For Business Credit Cards
Use Business Card Sign-Up Bonuses to Save Money on Travel to Destinations Like Vermont in the Fall

Remember, banks do NOT require you to have a formal business name or EIN (Employer Identification Number).  Million Mile Secrets reader Juan shared how he applies for business cards as a part-time realtor using his Social Security Number.

And reader Scott commented he was also successful in getting approval for the Ink Business Preferred after entering his Social Security Number on the application.

Most Small Business Credit Cards Do NOT Appear on Your Personal Credit Report

Link:   If You Don’t Know This AMEX Secret, You’re Missing Out!

Besides having terrific sign-up bonuses and perks, small business cards with these banks do NOT appear on your personal credit report:

  • AMEX
  • Bank of America
  • Chase
  • Citi
  • Wells Fargo

This is great for folks concerned about Chase’s credit card limits.  Because opening a business card with one of the above banks will NOT add to the number of cards you opened in the past 24 months.

This is why team member Jasmin’s current card strategy is to strictly apply for business cards with the above banks.

Bottom Line

Banks do NOT require you to have any existing relationship (like a personal credit card or bank account) in order to approve you for a business credit card.

This is good news because earning valuable sign-up bonuses with cards like the Chase Ink Business Preferred can save you $1,000 off your next trip!

If you’re eligible to apply for business cards, you can apply for the best offers across multiple banks.  The best part is most small business cards do NOT appear on your personal credit report.  So they won’t count toward card limits with banks like Chase.

If you liked this post, why don’t you join the 25,000+ readers who have signed-up to receive free blog posts via email (only 1 email per day!) or in an RSS reader …because then you’ll never miss another update!

Ink Business Preferred℠ Credit Card

Ink Business Preferred℠ Credit Card

  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases–with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more – your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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Is it possible to get the Chase Ink Business Preferred if I have already applied for 5 cards in the last 24 months…and Chase turned me down for another personal card?

Million Mile Secrets

If you were denied for a personal Chase card because you’ve recently opened too many accounts, it’s unlikely you’ll be approved for the Ink Business Preferred.