Question – “I got my first business credit card earlier this year, which shows up as an inquiry on my personal credit record & has been affecting my personal credit score, which is totally understandable since I had zero business credit history. But at what point does your business credit activity stop affecting your personal credit? If I were to apply for a 2nd business card now, will it still show up as an inquiry on my personal? I’d greatly appreciate any insight, thank you!”
Whether a business credit card affects your personal credit depends on if the credit card issuer reports to consumer credit bureaus or business credit bureaus. Unfortunately, there is no uniform behavior; different companies do different things. One standard behavior; however, is a hard credit inquiry when you apply. This will cause a small temporary drop in your personal credit score and will remain on the report for two years as a pull. If you are concerned, you should inquire to the issuer of the business credit card as to their policy before applying.