Hello Alice Small Business Mastercard® credit card

Reports to Experian Business, Equifax Small Business and Dun & Bradstreet

Hello Alice offers an unsecured and secured business credit card. The application process first conducts a soft pull to determine which card you pre-qualify for.

This is a great starter card for building business credit.

With this card, you earn up to 4x points on all purchases.

Issued by First National Bank of Omaha

Overview/Requirements

  • Soft pull pre-qualification secured/unsecured (Experian)
  • Hard credit check on Experian when you apply
  • Personal guarantee required
  • Minimum $550 security deposit
  • Earn up to 4X points on purchases
  • Earn $50 statement credit ($1k purchases in first 3 billing cycles)
  • 0% intro APR on purchases for first 6 billing cycles
  • 18.49% to 27.49% variable APR
  • No annual fee
  • Seamless transition to unsecured card (min 11 months)
  • Security deposit does not earn interest

Business Credit:

  • Reports to personal and business credit reports

To apply go to => https://helloalice.com

  • 1

    No Personal Guarantor

    What is a personal guarantee? A personal guarantee is a written promise from a business owner guaranteeing that payment will be made in the event that the business fails to pay.
    Whether the business enters into a lease, applies for a business loan or line of credit, you’ll find that many creditors will require a personal guarantee to secure financing especially if you’re a small business.
    Corporate charge cards have certain revenue requirements that is large enough and profitable enough that no personal guarantor is required.

  • 2

    Obtaining a Corporate Card

    Obtaining a corporate credit card account for your business will often require a conversation with a corporate account manager. Be prepared to provide data and documents about your company's financials, including revenue statements and bank account information prior to applying.

  • 3

    Waivable Personal Guarantee Requirements

    In some cases, you don't need to meet million dollar+ revenue requirements to obtain a corporate charge card. A small number of charge cards such as the Smart Corporate Card, Brex & Ramp (listed here) have much lower dollar amounts.
    There are also retail co-branded business credit cards that offer the option to waive the pg requirement such as the Sam Club Business Credit Card.