I'm trying to obtain a business credit card in an effort to keep my business finances separate from my personal finances. However, i'm finding i do not qualify using just the revenues from my small business. I presume most people include their personal income on the application, even if they never use their personal finances to pay the business cc. I'm wondering, though, is it considered to be "piercing the corporate veil" to secure a business credit card by listing personal income on the application? Does anyone know the legal answer to this?
I would not consider this a circumstance where "piercing the veil" particularly applies. That idea really refers to a screnario where you are always acting as yourself, BUT you use a corporation to transact something for example to hide that it's you. Then someone make a claim against you (instead of the corporation they have an agreement with), instead or or in addition to the corporation, and seeks resitution from you directly. There is a certain "bar" you have to pass to succeed in attempting to pierce the corporate veil and have the court hold you personally responsible.
In this case, you will already be a personal guarantor on the card. They will first look to the company in this particular circumstance. Only if the company doesn't pay will they come for you. There is no bar to pass for Amex to hold you personally responsible.
I'm not sure, but from the way you present your question it sounds like you may be asking if YOU would be "piercing the veil" by applying for the card. No. You cannot "pierce the veil". There is nothing wrong with applying for the card if you're using it for your business. That's what it's for.
Let me know if I missed the question or if anything was unclear. Good luck with the app.