Wells Fargo
Signify Business Cash® Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | $500 cash rewards bonus |
| Rewards Rate | 2% cash rewards |
| Intro APR | 0% introductory APR on purchases for 12 months from account opening on purchases for your business. |
| Regular APR | After that your variable APR will be 16.74% – 24.74% |
| Other Fees | Lounge visit fees will apply. |
| Network | Mastercard |
About this card
The Signify Business Cash® Card from Wells Fargo stands out as an excellent option for businesses prioritizing straightforward and high-value cash back rewards, without an annual fee. Its most compelling strength is the unlimited 2% cash rewards on all business purchases, a top-tier rate for a no-annual-fee card that eliminates the need to track spending categories or caps. This is further bolstered by a generous $500 sign-up bonus for a reasonable spend, providing significant initial value. The $0 annual fee is a major advantage, enhancing its overall appeal and making it a cost-effective choice for long-term use. Additionally, the card offers a valuable 0% introductory APR on purchases for 12 months, which can be crucial for managing initial business expenses or larger purchases. The reputation analysis also reflects strong market approval for its core benefits. However, the card's primary drawback is its high regular variable APR, which can range up to 24.74% after the introductory period. This makes carrying a balance quite expensive, significantly diminishing its value for businesses that do not consistently pay their statement in full. Despite this notable weakness, for businesses with good credit that manage their finances diligently and aim to pay their balance in full or leverage the introductory APR, the exceptional rewards, lack of an annual fee, and strong sign-up bonus make this card a highly competitive and valuable tool, earning it an 'Excellent' overall rating.
Pros & Cons
What's great
- No annual fee
- Intro APR period for purchases
- Generous sign-up bonus
- High unlimited cashback rewards
- Free employee cards with spending controls
- Travel and purchase protection benefits
Things to consider
- High regular APR
- Lounge access incurs fees
What this card offers
Sign-up bonuses
- Earn a $500 cash rewards bonus when you spend $5,000 in purchases for your business in the first 3 months.
Rewards
- Earn unlimited 2% cash rewards on purchases for your business – without spending caps or categories.
- Unlimited 2% cash rewards on business purchases without spend limits
Other features
- Employee cards at no additional cost
- Give your employees the power to make purchases for your business and earn more rewards.
- Set employee spending limits, monitor cards, and more –– online or in the mobile app.
- Track expenses and employee card purchases with customizable, instant alerts.
- Priority Pass™ Complimentary membership access to more than 1,300 participating airport lounges worldwide with “pay as you go” lounge visit fees.
- Worldwide Automatic Common Carrier Travel Accident Insurance Get Travel Accident Insurance protection of up to $250,000 when you purchase your airline or other common carrier ticket with your eligible credit card.
- MasterRental Insurance Coverage Drive with extra confidence when traveling for business, here or abroad, knowing you’re protected against damage to, or theft of, a vehicle rented using your Signify Business Cash® Card.
- Wells Fargo Mobile® app Enjoy the freedom and convenience of secure account access –– virtually wherever business takes you.
- Digital wallets Add your Signify Business Cash® Card to your device’s digital wallet for quick, secure payments.
- Recurring bill payments Save time and make recurring payments with merchants that you pay regularly while turning your business expenses into rewards.
- Zero Liability Protection Built-in protection features ensure that you won’t be held responsible for unauthorized transactions, as long as they’re reported promptly.
- Mastercard ID Theft Protection™ Detection and protection against identity theft, including monitoring, alerts, and expert resolution 24/7/365. Enrollment is required.
- Mastercard Business Assistant Efficient & expert assistance, 24/ 7 –– from arranging business travel or meetings, to recommending restaurants or office equipment upgrades.
- You can easily apply the cash rewards you’ve earned as a statement credit to an eligible account.
Additional Notes
Offers may differ from time to time and depend on the marketing channel, such as phone, email, online, direct mail, or in branch. You must select Apply now to take advantage of this offer. The cash rewards you earn do not expire as long as your account is open.