Originally Posted by
DL201*******
If you want a card backed solely by the business and without personal liability, it must be a "corporate guarantee" account - not "joint and several." Few banks issue these in the small business segment. You will need to ask for it specifically and, if the issuer will take an application, they will require business financial statements, etc. If your business has solid cashflow and has been established for a while, it is possible that you can get this type of account. But keep in mind that the line may not be as high as an account with joint liability.
That's the kind of card I have now, and I had another (MBNA at the time) before this. Frankly, I don't even mind backing it up personally, I guess.
What I really want here is great cash back. I think I might need to get another Schwab for my wife, get an additional card for me, and then use that as our personal card and use my current Schwab card as the business card since it has a decent credit limit.