John Miller, Credit Cards Moderator
@john_miller
No, you don’t need an EIN to apply for a Chase business credit card. If you’re a sole proprietor, freelancer, or have a side hustle without a formal business structure, you can simply use your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) when the application asks for a business tax ID.
That said, if your business is registered as an LLC, partnership, or corporation, it’s a good idea to use an EIN when you apply. Doing so helps keep your personal and business finances separate, and it may make it easier to build business credit.
Keep in mind that regardless of whether you use an EIN or SSN when asked for the business tax ID, Chase will usually check your personal credit when you apply. So, a strong personal credit history is still an important factor in getting approved.
People also ask
Do you need to have a business for Chase Ink?
You need to have a business to get the Chase Ink credit card, but you don't need to have a formal LLC or corporation to apply. You could qualify as a business owner as long as you sell any goods or services, and you can apply as a sole proprietor using your name as the business name and your SSN as the Tax ID.
Chase considers various types of businesses, including side gigs, freelance...
read full answer by Maria Adams, Credit Cards ModeratorIs it hard to get a Chase business credit card?
It is hard to get a Chase business credit card because you need a good or excellent credit score of 700 or higher to qualify. You also need to meet other requirements for approval, such as having a stable income, being at least 18 years old, and having an SSN or ITIN.
Minimum Credit Score for Chase Business Credit Cards
- Ink Business Premier® Credit Card: 700 (good credit)
- Ink Business Cash® Credit Card: 700 (good credit)
- Ink Business Preferred® Credit Card: 700...
What do I need to open a credit card for my business?
To open a credit card for your business, you’ll need to provide both personal and business information on the application, including your SSN or ITIN, EIN, business name and structure, revenue and contact details. As the name suggests, you do need to have a business, but that doesn’t necessarily mean you need to form an LLC or corporation. Sole proprietors, and other informal business types can also apply.
What You Typically Need to Open a Business Credit Card
... read full answer by John Miller, Credit Cards ModeratorDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.