Our non-profit wonders if there is a company that can issue multiple cards with different numbers, but all under one account. We are the Madras United Methodist Church who has an IRS #. Yet under the church we have 2 programs that each has received their own different IRS numbers. We need an efficient method of being able to continue to keep the funding separate. Is there any company that does this kind of thing? Of course we would not want to pay an annual fee if possible. We would pay off the bill(s) within the time period so as not to incur interest fees. Thanks!
Answered on Wednesday, December 14th, 2011 by
Amy Miller

It is possible to get multiple business credit cards, with different numbers, for separate businesses (even if non-profit) that can be managed under one account. Although the credit card company will open the business credit card under your business name, and will request its Tax Id; you are required to submit yourSocial Security number for review of your credit history. Your Social Security number will be used to pull your personal credit report and decision will be made based on your credit history whether to approve or disapprove your business for a credit card. Providing Social Security number also identifies you as a primary card holder with rights to manage all opened accounts.Keep in mind, if you prefer to manage your accounts online, many banks offer ability to link your separate business credit card accounts (personal ones as well) under a single user name, which makes it easier to manage them allat once. For better results, we recommend American Express, notorious for offering business credit cards specifically for small and large business, including not-for-profit corporations. Their rewards programs is worthy of your consideration for business related transactions.

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You are sure to find the right business credit card at BestCreditOffers.com. Just visit our business credit card page dedicated to credit cards specifically targeted at business owners and employees. Hope you’ll find there the right credit card to suit your business purposes best. Since your startup may have limited or no credit experience, credit [...]

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Thank you for your question. It is really a good one. No doubt, using a business credit card for business related purchases is much better than using your personal credit card. First, it is convenient to have your personal and business activities and expenses distinguished from each other. Second, business credit cards offer you certain [...]

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Our Financial Expert Team
Amy
Miller

While she enjoys writing about money, Amy admits she is not your typical personal finance writer-she is a shopaholic, an impulse/emotional buyer, and unable to save for longer than a few months at a time. But she is trying to improve her finances and shares her experience and tips on learning how to budget money, manage debt, and set goals in her writing for BestCreditOffers.com. She hails from the foggy city of London, but now resides in Salt Lake City.

James
Williams

James Williams is a personal finance expert, trained in journalistic writing. As a freelance writer and professional blogger who works from home, he contributes to many personal finance websites including BestCreditOffers.com.

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