One of the only downsides to selling my previous business is that I was no longer eligible to apply for any business credit cards. It has been almost two years since I sold my pickup and landscaping tools to my brother-in-law, and I haven’t really looked back. Starting in December 2016, though, I have a new businesses that allowed me to apply for my first business credit card.
No, it’s not my blog. I started Points, Miles & Life just over a year ago. I thought I might be able to develop it into a business, but I honestly haven’t put in the labor to make anything of it yet. It may happen. We’ll see. The travel blogging market is a competitive place, and there are plenty of good blogs out there with great information these days. I simply don’t have the time to keep up with the competition.
But the blog did come through for me in one big way: it played a role in being on-boarded as a contributor to Points with a Crew. Dan Miller, who started the Points with a Crew site, has a readership that far surpasses mine, and I am excited to be writing several pieces weekly for PWAC.
In the same month that I applied for the position with PWAC, I also jumped into the world of gift card reselling. I had been interested in this for a while as a way of accruing extra miles and points, as well as a small profit. Wait…profit? This is a legitimate business!
Since I’m also paid to write for Dan, my PWAC contributor position is also technically a side-hustle. But the gift card reselling gig is a bit more conducive for the spending volume I need to justify a business credit card.
Either way, in just one month I now have two new business ventures. Awesome.
Applying for my First Business Credit Card
So I decided to go ahead and apply for the Starwood Preferred Guest Business American Express card. With the future of the card unknown due to Marriott’s purchase of Starwood, I figured I could get some use out of it before the product is no longer available. Plus, it is a great card, and Starpoints are one of my favorite points currencies.
Landing page for the SPG Business AMEX
Because I am operating my business (businesses? not sure if/how to split yet for tax time) as a sole proprietorship, the credit card application required only my social security number and not a tax ID. The application is not unlike one for a personal credit card, but it has a few extra fields for business info, including expected monthly revenue.
I filled out everything, reviewed the application, and clicked submit. As has been the case with literally every Amex app I have submitted in the past two years, I was instantly approved.
A few minutes later, and I had my new Starwood card linked up to my American Express online account. The process was as painless as it always has been.
I received the card just a few days later. It was shipped two day express by Amex. Since then I have been racking up some serious points.
Where to Go Next
Now I that I have my first business credit card in my wallet, I have my sights set on a couple others. We’ll see what I end up with in 2017. My wife and I are going to ease of the credit card applications a bit, and I want to be a bit more selective about what I apply for. Still, there are some great business cards out there, and I might try to get a couple more in my wallet.