In order to create a business checking account, you may need (1) a company seal (about $30.00); (2) an IRS tax id number (free if you do it yourself); (3) a mailing address; and with some banks; (4) you may only be able to create a business checking account if you have an attorney or accountant create the account. In New York, there are banks which require that an attorney or accountant for the company create the business checking account and others which do not.
For new businesses which are unable to qualify for credit card accounts from the above credit card companies, a visa/mastercard checking account card would accomplish the primary purpose of a business card, i.e., to aid record keeping and to keep the business activity separate from your personal activity.
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