Can Freelancers Apply for a Small Business Credit Card?

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Many people like to use credit cards that earn rewards so they get extra value when making everyday purchases. Credit card issuers make rewards credit cards for consumers and businesses. If you're a busy freelancer with business expenses, you might consider applying for a small business credit card. Find out whether you're eligible to get one.

Businesses, small and large, can use business credit cards

Yes, freelancers are allowed to apply for a small business credit card. These cards are ideal for businesses of all types and sizes, including remote businesses and those with physical locations. How you structure your business doesn't matter, either.

Whether you're a business owner in the early stages of your endeavors or you have a seasoned business that is continuing to scale up, you can use business credit cards. If you earn business income, you qualify for a small business card.

That means self-employed freelancers and gig workers can use business credit cards. These cards can be a great financial tool if you regularly pay for business expenses. Many business cards have bonus categories that apply to these types of spending, so you can get rewarded for charging these purchases to your card.

There's no guarantee of approval, however

Remember that just because you can get a business credit card doesn't mean you'll be approved for one. You'll need to complete an application to be considered. There's no guarantee you'll be approved. One factor that is considered is your credit.

You'll have better odds of getting approved for a card if you have a good credit score and a lengthy credit history. Many of the best business credit cards require good to excellent credit. If your credit needs more work, you may want to hold off before you apply for a new card.

During the application process, you'll also need to provide some basic information about yourself and your business. This includes information about how your business operates, how many employees you have, and an estimate of your annual revenue.

Here's what I like about business credit cards

I've been operating my freelance writing business for nearly eight years and have been using a business credit card for several years now. I like that I get rewarded when I make purchases. Having a business card also helps me keep my business and personal finances separate, which makes tax season much easier.

I also like that my card includes useful money-saving benefits. One perk that I've used is cellphone protection coverage. I use my cellphone for work purposes and have cracked my phone screen on more than one occasion. This credit card benefit has saved me hundreds of dollars on repair costs.

Consider your business needs when exploring cards

There are many small business credit cards, but they won't all be a good fit for your business needs. It's a good idea to carefully review the features of each card before applying for one. Knowing what benefits are included, how the card earns rewards, and how you can redeem the rewards you earn is a must. Check out our list of the best business credit cards to find out more.

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