If you’re thinking about opening a Verizon business account then you’ll need to be prepared with some basic information. You may also be eligible for some different discounts for both their business wireless and business internet.
In our guide below we will let you know what you need to open a Verizon business account along with who is eligible to open a Verizon business plan. The details are pretty straightforward, but the terms and information needed to open an account can depend on a few different factors with your business.
Below we’ve detailed the information Verizon Business will request when opening a business account for both wireless and internet. Some requirements may change depending on your services and business.
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Do I need to have a business to open a Verizon Business account? – According to most sources we’ve researched, you don’t need to necessarily have a business to open a Verizon business account. You can open an account as a sole proprietor and use your social security number instead of a business EIN. Most of the features for Verizon’s business internet and wireless are focused on businesses so a personal plan can work better in many cases if you don’t own a business. Always check with your Verizon rep to see which plan is right for you.
Does Verizon Business require a credit check? – Yes, Verizon Business will run a credit check to open an account. If you have an established business they will simply run a business credit check. If you’re a new business then they will run a blended credit check which combines your business and personal credit. If you are a sole proprietor then they will simply run a personal credit check.
Does Verizon Business report to the credit bureaus? – Yes, Verizon Business does report to the major credit bureaus if you’re opening an account using your personal credit or blended credit (person and business together).
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Does Verizon Business report to Dun and Bradstreet? Verizon Business reports to both personal and business credit bureaus. This means that they may report your payments or lack thereof to business credit brands such as D&B (Dun and Bradstreet). There are multiple factors that go into how Verizon Business reports to credit bureaus so the results may vary.
Do I need 5 lines to have a business account? – No, it doesn’t seem like you need 5 lines in order to open a business account. In order to receive certain discounts, you will need to have at least 5 lines with your business plan. Check the website and your unique plan to see what discounts are available for your amount of lines.
This page will be updated periodically with all of the latest information about opening a new business account with Verizon Business. Always double-check the Verizon website to see any changes in pricing and terms. You can also check out our Verizon Business discounts page for the latest deals and discounts.Verizon is bringing small businesses a new credit card option — the Verizon Business Mastercard. The card comes from a partnership with Mastercard and the First National Bank of Omaha (FNBO), combining Verizon perks and Mastercard’s credit card benefits to offer a rewards card that may benefit your small business.
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Choosing between the many business credit cards available on the market can be confusing, which is where es in. In this article, we’ll explore this Verizon business card. That way, you’ll understand how the card works and its pros and cons to be prepared to make the right choice for your small business.
The Verizon Business Mastercard is a newly launched credit card account targeting small businesses. FNBO has worked with over 250 company and institution partners in its more than 60 years of offering credit cards.
Verizon and Mastercard had already partnered up in 2021 to work to bring real-time small business solutions for e-commerce and add 5G connectivity to point-of-sale systems. The company is doing this by tapping into Mastercard’s Digital Doors® program that helps small business customers embrace the increase in digital sales brought on by the pandemic.
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As a company, Verizon is not new to the world of credit cards. In 2020, the telecommunications company launched the Verizon Visa® Card. This is a consumer credit card rather than a business card, but it has similar perks to the Verizon Business Mastercard. There are two main differences: The Verizon Visa rewards categories focus more on consumer spending than business spending and you can use your rewards on more than just Verizon expenses. We explain how the Verizon Mastercard’s rewards work below.
Cardholders receive rewards on purchases like office supplies, gas, tech, and more. These rewards come in the form of Verizon Business Dollars, which we explain in detail in the next section. There’s no annual fee or foreign transaction fee for using the card. So you can use this Verizon card overseas without racking up charges on every purchase you make.
The card is enabled with contactless payment so you can pay by tapping or add it to your electronic wallet. The interest rates your small business gets with this Verizon card will depend on your credit score and credit history. See our guide on how to establish business credit for more.
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Business credit cards can help you when your business needs access to cash right away. Browse your top business credit card options and apply in minutes.
As mentioned, you’ll get Verizon Business Dollars as a reward for using this credit card. New cardholders get 5% back on purchases from Verizon — including Verizon Wireless bill payments and device purchases — during the first billing cycle. After the initial period, your reward rate falls to 3% back on Verizon purchases. You’ll also receive 2% back on eligible gas expenses or payments to charge your electric vehicle, as well as office supplies. Then you get 1% back on everything else.
Currently, cardholders can only use their rewards toward business-related Verizon purchases. These purchases can include things like phones, tablets, or accessories, or payment toward your Verizon Business Wireless bill.
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When you open this Verizon card, there’s also an introductory bonus. You’ll get a $50 statement credit after you make your first purchase with the card.
As with any business decision, you’ll want to weigh the perks and drawbacks of each of your options. We highlight the most important things about the Verizon Business Mastercard to think about below.
The Verizon Business Mastercard is a great option for those who have an existing relationship with Verizon. But for those who don’t have an existing relationship with Verizon you’re in luck — makes it simple to find the right credit card for your small business. All you have to do is sign up for a free account at and enter in a few business details to see your best credit card options instantly.
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Tiffany Verbeck is a Digital Marketing Copywriter for . She uses the skills she learned from her master’s degree in writing to provide guidance to small businesses trying to igate the ins-and-outs of financing. Previously, she ran a writing business for three years, and her work has appeared on sites like Business Insider, VaroWorth, and Mission Lane.Advertiser Disclosure: Many of the offers and credit cards appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options and credit cards available. *APY (Annual Percentage Yield). Credit score ranges are provided as guidelines only and approval is not guaranteed.
Find out which credit bureaus are used by the major U.S. mobile carriers when customers sign up for phone service. Learn how the information on your credit reports will affect your chances of getting service. Compare alternative options for people with bad credit.
It is to your advantage to know what credit report they'd pull. There are three different credit bureaus that store your credit history: Equifax, Experian, and TransUnion.
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If you want to know more about how your credit can impact whether you can get mobile phone service, this article will discuss everything you need to know.
First, we scoured through credit and finance forums online to see what people were reporting when it came to which credit bureau was used by their provider when they signed up for mobile phone service.
Once we put all of our data together, we were able to come to reasonable solid conclusions about which credit bureau each provider favors.
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By knowing which credit bureau will be used when you try to sign up for service, you can make sure that report is spotless when you do apply.
The reason that one credit bureau might have records of credit applications that others don’t is that each time you apply for a loan or credit card, the lender will check your credit report.
It does this by contacting a credit bureau and making a “hard pull” on your report. The credit bureau that the lender works with will send a copy of your
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