@Mailak wrote:
@Anonymous wrote:
Don't you need to have a business, or at least be management level of a business to represent your firm to open a business card?I think people tend to put sole proprietor and just put their name for business name or something like that. It's not something that I would would do for myself. So, that's why I would go for the CSP over the ink meant for business.
to my understanding don't you either have to own your own business, or to be a consultant, in order to be a "self proprietor?"
I am interested in that card too, and I am self employed. However I am doing stock trades and investing in real estate, so I do not have a company registered since I'm doing it under all my name. Because of this I have always kept myself away from business cards 
@Anonymous wrote:
@Mailak wrote:
@Anonymous wrote:
Don't you need to have a business, or at least be management level of a business to represent your firm to open a business card?I think people tend to put sole proprietor and just put their name for business name or something like that. It's not something that I would would do for myself. So, that's why I would go for the CSP over the ink meant for business.
to my understanding don't you either have to own your own business, or to be a consultant, in order to be a "self proprietor?"
I am interested in that card too, and I am self employed. However I am doing stock trades and investing in real estate, so I do not have a company registered since I'm doing it under all my name. Because of this I have always kept myself away from business cards
Hmm, sounds like a bit of a gray area to me, where you are self-employed but are not incorporated. I think the terms and conditions should be fairly clear on who qualifies. It sounds as if you might possibly be eligible depending on the rules. I would check the T&C and the legalese!
@Anonymous wrote:Many people use this as sole props, advice given on various forums "if you sell stuff on ebay, yard sales you can apply etc." So the threshold is low. The app asks for business revenue, in theory they could ask for documentation/tax schedule but they don't seem to.
what i'm worried most is if they ever decide to ask me for any business documentation later on. I am kinda my own business but legally I did not registered one since there's no real need for me to. One fine day if they ever ask me for it, I don't want to have my card cancelled and fall into Chase's bad grace
@Anonymous wrote:
@Anonymous wrote:Many people use this as sole props, advice given on various forums "if you sell stuff on ebay, yard sales you can apply etc." So the threshold is low. The app asks for business revenue, in theory they could ask for documentation/tax schedule but they don't seem to.
what i'm worried most is if they ever decide to ask me for any business documentation later on. I am kinda my own business but legally I did not registered one since there's no real need for me to. One fine day if they ever ask me for it, I don't want to have my card cancelled and fall into Chase's bad grace
The T&Cs look fairly standard, apart from:
By becoming a MasterCard BusinessCard cardmember, you agree that the card is being used only for business purposes and that the card is being issued to a public or private company including a sole proprietor or employees or contractors of an organization.
I guess if your biz is selling on e-bay, using the card to get 5x off internet and phone, IS a business expense, but some other things might not be!
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:Many people use this as sole props, advice given on various forums "if you sell stuff on ebay, yard sales you can apply etc." So the threshold is low. The app asks for business revenue, in theory they could ask for documentation/tax schedule but they don't seem to.
what i'm worried most is if they ever decide to ask me for any business documentation later on. I am kinda my own business but legally I did not registered one since there's no real need for me to. One fine day if they ever ask me for it, I don't want to have my card cancelled and fall into Chase's bad grace
The T&Cs look fairly standard, apart from:
By becoming a MasterCard BusinessCard cardmember, you agree that the card is being used only for business purposes and that the card is being issued to a public or private company including a sole proprietor or employees or contractors of an organization.
I guess if your biz is selling on e-bay, using the card to get 5x off internet and phone, IS a business expense, but some other things might not be!
if one can prove he has a business registered to sell stuff on ebay or any e-commerce platform, he should be fine.
i do not have a business registered for that, and legally under tax laws I don't think I am classified as a business either by selling a few stuff online or offline unless I do register it