The Best Wells Fargo Business Credit Card [Bonus, Earnings, and Benefits]

Wells Fargo was established in the mid-1800s during the San Francisco gold rush. Over the next 160 years, the financial institution grew its banking and coast-to-coast delivery services nationwide. You might be familiar with its iconic stagecoach symbol, which represents its history of owning and operating the largest stagecoach delivery operation in the world.

Fast-forward to modern times, and you’ll find that Wells Fargo plays a prominent role in providing banking and credit card solutions to every type of consumer. In the credit card arena, you’ll find cards that help you build your credit, reward-earning cards, and even no-annual-fee cards.

For business owners, Wells Fargo also offers the Signify Business Cash℠ Card by Wells Fargo.

Today, we will focus on this Wells Fargo business credit card, zeroing in on its earning potential, reviewing redemption options, and exploring card benefits.

Let’s examine whether the Signify Business Cash card could add value to your operation.

Why Your Business Needs a Business Credit Card

Regardless of the size of your business, you should consider a business credit card the minute you have any business income. Whether you’re selling items on eBay, offering childcare, or running a retail operation, any business can benefit from a business credit card.

Here are some of the reasons to consider a business credit card:

• Separate business expenses from personal expenses
• Allows employees to make purchases that can be tracked and managed
• Earns rewards for your business purchases
• Utilizes the higher credit limits that business cards tend to have
• Builds your business credit history
• Funds expansion and growth
• Leads to easier accounting at tax time
• Documents business expenses in case of an IRS audit
• Utilizes the business management tools that come with a business credit card

Securing a business credit card with Wells Fargo requires having a current relationship with the bank. An online checking or savings account can qualify, or you can visit a local branch office to open an account and apply for a card.

Wells Fargo Business Credit Card Summary

Before we expand on the attributes of the Signify Business Cash card, an overview can be helpful.

Here’s a quick breakdown of card features and benefits.

Does the Signify Business Cash Card Match Your Type of Business?

Business credit cards are generally designed to support specific businesses. Whether you’re just starting your business, building it to the next level, or operating a thriving operation, selecting a card that matches your business profile is important.

The Value of a Welcome Offer

After approval, you can earn a welcome bonus with the Signify Business Cash card.

Signify Business Cash℠ Card by Wells Fargo

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Signify Business Cash card is a great option for those looking to earn 2% back on business purchases with no annual fee.

Signify Business Cash℠ Card by Wells Fargo

The Signify Business Cash card is a great option for those looking to earn 2% back on business purchases with no annual fee.

Welcome Offer

Earn a $500 cash rewards bonus when you spend $5,000 in purchases for your business in the first 3 months.

$500 cash rewards

Annual Fee

$0

APR

0% intro APR for 12 months from account opening on purchases. After that your variable APR will be 17.99% – 25.99%.

Why We Like This Card

The Signify Business Cash card earns you an uncapped 2% cash rewards on all of your business expenses, without an annual fee. Plus, it offers perks like an intro APR offer, MasterRental insurance coverage, a “Pay As You Go” Priority Pass membership, and more.

Pros & Cons

Pros

• Uncapped 2% cash rewards on all purchases
•  annual fee
• Intro APR offer

Cons

• Does not offer bonus categories for common business expenses
• Does not earn transferable rewards

Read Full Review

Card Highlights

• Earn a $500 cash rewards bonus when you spend $5,000 in purchases for your business in the first 3 months.
• Earn unlimited 2% cash rewards on purchases made for your business with no categories to track, and no limit to the amount of rewards you can earn.
• $0 annual fee.
• 0% intro APR for 12 months from account opening on purchases. After that your variable APR will be 17.99% – 25.99%
• Complimentary membership access to more than 1,300 participating airport lounges worldwide with “pay as you go” lounge visit fees.
• Get MasterRental Insurance Coverage which offers primary coverage for covered physical damage and/or theft of a rental vehicle.
• Purchase your airline or other common carrier ticket with your eligible Wells Fargo card and you can be protected with Travel Accident Insurance of up to $250,000.
• Earn more rewards with employee cards at no additional cost. When your employees make purchases, your business earns more cash rewards.

Financial Snapshot

• APR: 0% intro APR for 12 months from account opening on purchases. After that your variable APR will be 17.99% – 25.99%.
• Foreign Transaction Fees: 3%

If you meet the minimum spending requirements on your card within the first 3 months after card approval, you can earn a bonus, typically worth hundreds of dollars.

Earning Potential

Busy business owners who don’t have time or a preference for memorizing complicated card earning structures will like the Signify Business Cash card.

The card earns unlimited 2% cash rewards on every purchase.

Redeeming Rewards

You have several choices for redeeming rewards earned with the Signify Business Cash card:

• Cash
• Statement credit
• Gift cards
• Travel
• Merchandise
• Charitable donation

Generally, points are worth 1 cent each, but there can be specials where your points may be worth more, such as gift card promotions. Some redemptions could yield less than 1 cent in value per point.

Cash rewards must be redeemed in increments of $25.

Protections and Benefits

Travel protections can provide economic relief if you should suffer a covered loss while traveling, and benefits can save you money. The Signify Business Cash card has these key travel and shopping protections and benefits.

Travel Protections and Benefits

• Priority Pass Pay-as-You-Go: Enjoy access to Priority Pass airport lounges worldwide. Enroll in Priority Pass with your card and pay $35 per person per visit.
• MasterRental Insurance Coverage: MasterRental coverage offers primary car rental insurance outside your country of residence and secondary within your country of residence for collision and theft. Pay and reserve your car rental with your card and decline the rental agency’s CDW/LDW insurance to receive coverage for damage and theft.
• Baggage Delay Reimbursement: If your baggage is delayed or misdirected by the common carrier, you could receive up to $300 in reimbursement. Your common carrier ticket must be paid for with your card.
• Travel and Emergency Assistance Services: Have access to 24/7 resources for emergency assistance during your travels.
• Travel Accident Insurance: You could receive up to $250,000 in the event of a covered severe injury or death involving a common carrier.

Shopping Benefits

• Mastercard Merchant Offers: Enjoy discounts and offers from select merchants, including Lyft, Instacart, Booking.com, Adobe, and more.
• Introductory 0% APR Period for Purchases: Pay back your purchases over time without interest charges for up to 12 months from the date of card approval. After that, an APR of 17.74% to 25.74% applies, based on creditworthiness.

Additional Protections

• Mastercard ID Theft Protection: Enroll to receive complimentary credit monitoring, fraud alerts, and access to resolution specialists.

Everything Else You Need to Know

The Signify Business Cash card offers business management tools, including online account management, zero liability for unauthorized charges, and fraud monitoring.

If you have no business credit history, your personal credit history will be used to determine card eligibility. Wells Fargo does not report the activity on your business credit card to personal credit bureaus. It reports activity monthly to the Small Business Financial Exchange business credit bureau.

Wells Fargo previously issued several business credit cards. These cards are currently not open to new applicants.

• Wells Fargo Business Platinum Credit Card
• Wells Fargo Business Elite Signature Credit Card
• Wells Fargo Business Secured Credit Card

You must have a current Wells Fargo bank account to apply and be approved for the Signify Business Cash card. You can apply online or in person at a Wells Fargo branch office.

Alternative Business Credit Cards

If you currently have a relationship with Wells Fargo and want simple earnings and a business card with no annual fee, the Signify Business Cash card could be an option.

With that said, better business credit cards are available.

Here are a few alternatives with solid earning potential, flexible redemption options, and stellar travel and shopping benefits and protections.

Ink Business Preferred^® Credit Card

Ink Business Preferred^® Credit Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.

Apply Now(at Chase's secure site)

Ink Business Preferred^® Credit Card

The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.

Welcome Offer

Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠.

90,000 points

UP's Bonus Valuation*:

$1,800

Annual Fee

$95

APR

20.49% - 26.49% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

Why We Like This Card

The Ink Business Preferred^® Credit Card is a powerhouse for earning lots of points from your business purchases, especially for business owners that spend regularly on ads.

Plus the card offers flexible redemption options, including access to Chase airline and hotel transfer partners where you can achieve outsized value.

Business owners will also love the protections the card provides like excellent cell phone insurance, rental car insurance, purchase protection, and more.

Pros & Cons

Pros

• 3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites
• Cell phone protection
• Purchase protection

Cons

• No elite travel benefits like airport lounge access

Read Full Review

Card Highlights

• Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠
• Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
• Round-the-clock monitoring for unusual credit card purchases
• With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
• Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
• Points are worth 25% more when you redeem for travel through Chase Travel℠
• Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
• Member FDIC

Financial Snapshot

• APR: 20.49% - 26.49% Variable
• Foreign Transaction Fees: $0

Rewards Center

Chase Ultimate Rewards

With a generous welcome bonus offer, a lower annual fee, and 3x earnings on common business expenses, the Ink Business Preferred card includes excellent benefits and is one of our favorite business cards.

The Business Platinum Card^® from American Express

ELEVATED OFFER

Terms Apply / Rates & Fees

The Business Platinum Card^® from American Express

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!

Apply Now(at Amex's secure site)

The Business Platinum Card^® from American Express

This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!

Welcome Offer

Earn 150,000 Membership Rewards^® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.

150,000 points

UP's Bonus Valuation*:

$3,300

Annual Fee

$695

APR

18.49% - 27.49% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

Why We Like This Card

The Business Platinum Card^® from American Express is a premium travel rewards card tailored toward business owners who are frequent travelers with a high number of annual expenses.

When you factor in the large number of perks that the card offers like the best airport lounge access at over 1,400 lounges, along with tons of annual credits, it’s easy to see why this card can is a top option for frequent traveling business owners.

Pros & Cons

Pros

• 5x Membership Rewards points per $1 on flights and prepaid hotels at Amex Travel
• Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection
• Get 50% more Membership Rewards points (1.5 points per $1) on eligible purchases in key business categories, as well as on purchases of $5,000 or more (cap applies)

Cons

• High annual fee of $695 (rates & fees)
• Airline fee credit does not cover airfare, only incidentals like checked bags

Read Full Review

Card Highlights

• Welcome Offer: Earn 150,000 Membership Rewards^® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
• 5X Membership Rewards^® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
• Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more, on up to $2 million per Card Account per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
• Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first year of membership with the Business Platinum Card^®. Enrollment required. See how you can unlock over $1,000 annually in credits on select purchases with the Business Platinum Card^®, here.
• $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to the Card.
• $199 CLEAR^® Plus Credit: Use your card and get up to $199 in statement credits per calendar year on your CLEAR^® Plus Membership (subject to auto-renewal) when you use the Business Platinum Card^®.
• The American Express Global Lounge Collection^® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
• $695 Annual Fee.
• Terms Apply.

Financial Snapshot

• APR: 18.49% - 27.49% Variable
• Foreign Transaction Fees: None

Rewards Center

American Express Membership Rewards

Hot Tip: Check to see if you’re eligible for a welcome bonus offer of up to 250k points with the Amex Business Platinum card. The current public offer is 150,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

You may find value in the Amex Business Platinum card if your business involves travel. The card offers tremendous value to business travelers with worldwide lounge access, hotel elite status, airline fee statement credits, and flexible reward redemption options.

Ink Business Cash^® Credit Card and Ink Business Unlimited^® Credit Card

Ink Business Cash^® Credit Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card offers great rewards and no annual fee. Any new business owner that needs to get going will enjoy this card.

Apply Now(at Chase's secure site)

Ink Business Cash^® Credit Card

This card offers great rewards and no annual fee. Any new business owner that needs to get going will enjoy this card.

Welcome Offer

Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening.

Up to $750

UP's Bonus Valuation*:

Up to $750

Annual Fee

$0

APR

0% intro APR on purchases for 12 months; 17.74% - 25.74% variable thereafter.

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

Why We Like This Card

The Ink Business Cash^® Credit Card has a lot going for it that makes it a compelling choice for small business owners. The card features a very lucrative 5% back on up to $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services each account anniversary year.

When you factor in that the card has no annual fee, and 0% intro APR on purchases for 12 months; variable 17.74% - 25.74% thereafter, you could be adding big value back into your business for no cost out of pocket.

Pros & Cons

Pros

• Earn 5% back on up to $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet, and cable TV services each account anniversary year
• Earn 2% back on up to $25,000 spent in combined purchases at gas stations and restaurants, and 1% back on all other purchases
• Travel insurance and purchase protection

Cons

• Spending caps in bonus categories
• Low points earning outside of bonus categories

Read Full Review

Card Highlights

• Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening
• Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
• Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
• With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
• No Annual Fee
• Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards^®.
• 0% introductory APR for 12 months on purchases
• Member FDIC

Financial Snapshot

• APR: 0% intro APR on purchases for 12 months; 17.74% - 25.74% variable thereafter.
• Foreign Transaction Fees: 3% of each transaction in U.S. dollars

Rewards Center

Chase Ultimate Rewards

Ink Business Unlimited^® Credit Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Ink Business Unlimited card is a stellar option for business owners looking for a no-fuss uncapped 1.5% cash-back card without an annual fee.

Apply Now(at Chase's secure site)

Ink Business Unlimited^® Credit Card

The Ink Business Unlimited card is a stellar option for business owners looking for a no-fuss uncapped 1.5% cash-back card without an annual fee.

Welcome Offer

Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.

$750

UP's Bonus Valuation*:

$750

Annual Fee

$0

APR

0% intro APR on purchases for 12 months; variable 17.74% - 23.74% thereafter

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

Why We Like This Card

As a business owner, you likely keep pretty busy and probably prefer a credit card that just keeps things simple.

If so, the Ink Business Unlimited^® Credit Card might be just the card for you. From zero annual fee to a flat cash-back rate, the card is a no-frills option that you don’t have to think twice about.

Don’t forget too, 0% intro APR on purchases for 12 months; variable 17.74% - 23.74% thereafter

Pros & Cons

Pros

• 1.5% cash-back on all purchases
• No annual fee
• 0% intro APR on purchases for 12 months; variable 17.74% - 23.74% thereafter

Cons

• 3% foreign transaction fee

Read Full Review

Card Highlights

• Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
• Earn unlimited 1.5% cash back on every purchase made for your business
• No Annual Fee
• Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards^®.
• Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
• Round-the-clock monitoring for unusual credit card purchases
• With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
• 0% introductory APR for 12 months on purchases
• Member FDIC

Financial Snapshot

• APR: 0% intro APR on purchases for 12 months; variable 17.74% - 23.74% thereafter
• Foreign Transaction Fees: 3% of each transaction in U.S. dollars

Rewards Center

• Chase Ultimate Rewards

Depending on the mix of your greatest business spending categories, the Ink Business Cash card or Ink Business Unlimited card could offer a no-annual-fee business rewards-earning option.

Both cards earn valuable Ultimate Rewards points that can be redeemed for cash-back or travel at 1 cent per point. Points can also be transferred to a premium Chase credit card to receive up to 50% more in value when redeemed for travel.

Points earned on premium Chase cards can also be transferred to Chase transfer partners, where you can realize even greater potential value.

Review our list of the best available reward-earning business card options for your business operation, regardless of size.

Final Thoughts

The current Wells Fargo lineup of business credit cards is limited to the Signify Business Cash card.

The card offers simplicity for the busy business owner and tools to control and monitor employee spending. This could be a valuable feature if you have an employee base making purchases.

Your business may also want to take advantage of the introductory 0% APR on purchases if you have large or multiple purchases you’d like to pay back over time.

For those business owners with good to excellent credit, alternative business credit card options could provide better value.