can anyone tell me what companies will give me a commercial credit card using only my tax id number please

Most business cards (Visa, Master Card Ect Ect..) Ask for Tax ID But also a S.S. Number of the holder of the card, Even if they asked for just a tax ID the holder S.S. Number is attached to that Tax ID.

Hope this helps

RAZ

what about local store commercial credit cards likec sears

Ditto..............

thx

Unless your company has a good credit history over 5+ years, I can't imagine you getting any lines of credit without a co-sign by the individual who will be responsible for the card. Even with a good company credit history, they may require co-sign (depending on the legal structure of the business, etc.).

However, this is a completely different discussion from whether any bank will deal with people lacking a ssn (non US citizens). I'm sure there are banks willing to issue cards to non US nationals who have set up companies and do business in the US. Unfortunately, I don't know this for sure and can't point your to a particular bank.

My suggestion is to call and talk to MBNA, Citibank or one of the other large card issuers. I'm sure they can tell you their terms right off hand.

Hope that helps
Ed

I received an offer in the mail from Advanta two years after I started my business. It was a business credit card with a $20,000 credit limit. As a sole proprietor, I'm sure they just ran my FICO score from my SS#. They received excellent service through them. Visit their web site and give them a try.

www.advanta.com

thanks a million

I would watch out for Advanta's practices!

I also had an extremely generous line of credit within a year or so after starting our business back in 97. I had to close it about a year ago, after I discovered they had raised our interest rate four times over a two year period.

I never used it for carrying balances, so I didn't pay attention to the interest rate. My problem was how they informed us of this.... there was a teeneey weeny, iiitssi bitsy less than wallet photo sized piece of paper announcing a new interest rate change - it was also folded in an advertisement. I just happened to catch it when going through the mail.

It was at this point that I discovered the other increases. I immediately closed it!

At one point, they went from 7.4%, all the way to 22%, then 27.99% and then up to 30.99%, when I noticed it.

I'm sure if I had carried balances I would have noticed sooner. There was never an explanation for the increase, other than a credit review. (I finally decided they just wanted to dump the account, beacuse my credit is excellent.)

Excellent point, Tony.

We initially used all of our personal credit cards to make business purchases. Then we decided to get a business account. We had an experience similar to yours - only with a different provider.

They started tacking on late fees (when we paid on time) and then they claimed that our checks bounced twice. Those bounced check fees were outrageous. We went to our bank to find out how those two checks bounced and discovered that they had never even been presented for payment. Further, we investigated the "late" payments and discovered that all of those checks were cashed before their respective due dates. I called the credit card company and got all of the fees and charges reversed. Then I cancelled the card.

The odd thing is that we have a personal credit card through the same company and have never had a problem.

Anyway, we're back to using our personal credit cards for the business again.

I had the increase in interest rates on my personal card because they said that they periodically run a credit check and noticed large charges passing through another card. I told them, "yeah, it's my business charge card". It didn't matter to them. I immediately closed that credit line and told them it was usury. It really pissed me off.

My favorite part of the call was when the phone rep asked if there was anything else he could do for me. What?!? I know that it is scripted to say that, but you've got to be kidding me!

Afterwards, I researched usury and come to find out, not all states have usury laws. Guess why so many card companies are located in Delaware....

not to be rude but no one is actually answering my question at hand although this is all good info

Sorry. We tend to ramble and go off topic.

I think RAZ answered your question best. Credit cards are unsecured and as such will require you to personally guarantee the loan. Therefore, they will require your personal information as well as the business information.

I don't know of any credit card company that will open a business account for you using only your company information. (Exceptions will be granted for large corporations with major assets, I'm sure. But that's not your question.)

Right. We do tend to jibber-jabber.

If I had an answer, I'd be happy to share. Every card that I know of available to small business owners requires the SSN of the officers. They just don't take on that risk.

In fact, I recently got a loan through a bank to remodel the office and warehouse and had to personally guarantee it.

Small businesses = Risky

thanks guys for the replys i just was approved for an american express business card so im on my way to credit card prison ha ha ha

Congrats! I love my American Express and American Express loves me.

i hope im as happy with mine as you are with yours