can I apply for credit card in different business name if I already have one?
I own 2 different business one doing good one not so good can I apply for a business credit card from the business doing good if the other already has a card and is not doing well? Both are legal business with tax ids different names however my name is on both as owner. Neither is a parent company.
The credit company will check the credit score based on the info you provide on the application.
If you have no FICA score, they will check the tax ids you provide.
Think of your self as having multiple personalities. Just have the one that is doing well, apply for the credit card.
You already said they have different tax ids, you have multiple personalities. They are different.
The type of card you choose is dependent upon how you plan on paying your card and what you’re looking for. If you plan on paying your balance in full each month (and they calculate interest based on your average daily balance for one statement cycle instead of over a 2 month billing period) then there is no reason for you not to do cash back or points because even though those cards have higher interest rates if you’re paying off in full every month by the payment due date you’re not going to be charged finance charges.
http://hubpages.com/_yan/hub/How-to-Select-best-credit-card