Did you know that you don’t have to be part of a corporation or LLC to apply for a business credit card? Your name is consider a sole proprietorship type of business. When filling out business credit cards, simply use your name as your business name and your Social Security number as your tax id.

How does this work? Whether you have set up a lemonade stand, a garage sale, or sold something on Ebay, your business is called sole proprietorship. This is completely recognized by the IRS with your name as your business name.

Even if you have a business, you would still put down your EIN and your social security number on your application. There will be a hard pull on your credit report. However, business credit cards will not show up on your personal credit report. Your business credit card’s balance doesn’t effect the debt-credit limit ratio. This means that you can open and close business credit cards without worrying about showing up on your credit report.

How can you take advantage of this? Go for all the bonuses and play the 0% APR balance transfer game with business credit cards.

Here’s a list of some bonuses from business credit cards:

1. AmEx Business Rewards Gold – 25000 points after first purchase = $250 bonus. No fee first year.
2. Gold Delta SkyMiles Business – 15000 skymiles after first purchase. No annual fee first year.
3. AmEx Starwood Preferred Guest Business – 10000 Starwood points. No fee first year.
4. Citi Professional Thank You Network – $100 bonus. No BT fee.

The cards below are my recommended list of business credit cards. Balance transfer fee is cap with no annual fee.

1. Advanta BusinessCard Rewards – 15 months 0% APR on BT. $50 cap on BT fee.
2. Advanta Platinum BusinessCard – 12 months 0% APR on BT. $50 cap on BT fee.
3. Discover Business Miles – 12 months 0% APR on BT. Cap on BT fee.