Wells Fargo
Signify Business Cash®
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | $500 cash rewards bonus |
| Rewards Rate | 2% cash rewards |
| Intro APR | 0% introductory APR for 12 months from account opening. |
| Regular APR | After that your variable APR will be 16.99% – 24.99% |
| Other Fees | Lounge visit fees will apply. |
| Network | Mastercard |
About this card
The Signify Business Cash® card earns an overall rating of 4.1, placing it firmly in the 'Excellent' category. This rating reflects a synthesis of its highly compelling features and notable drawbacks, with a strong emphasis on its outstanding value proposition for its target audience. The card's core strength lies in its exceptional rewards program, offering an unlimited 2% cash back on all business purchases without caps or spending categories. This, combined with a generous $500 sign-up bonus and a $0 annual fee, creates a powerful value proposition that is difficult to match in the business credit card market. The 0% introductory APR for 12 months further enhances its appeal for businesses managing initial expenses. Furthermore, the card provides valuable business management tools, including employee cards with spending limits, and basic travel protections. However, the card is not without its weaknesses. The primary detractor is the relatively high variable regular APR, ranging from 16.99% to 24.99% after the introductory period. This can become a significant cost for businesses that frequently carry a balance, diminishing the overall value. Additionally, a 3% foreign transaction fee makes it less suitable for international business travel or online purchases from foreign merchants. The card's overall reputation is also impacted by its issuer, Wells Fargo, which continues to face challenges in public perception regarding trustworthiness, despite the individual product itself being highly praised by financial experts. For businesses prioritizing simple, high-value cash back on domestic purchases and those who pay their balance in full each month, the Signify Business Cash® card is an outstanding choice. Its strengths significantly outweigh its weaknesses for this segment, justifying its 'Excellent' overall rating, though the noted limitations prevent it from reaching an 'Exceptional' (5.0) score.
Pros & Cons
What's great
- No annual fee
- Introductory APR period
- Generous sign-up bonus
- High flat-rate cash back rewards
- Business management and employee card tools
- Travel and business protection benefits
Things to consider
- High regular APR
- Lounge visit fees apply
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 caps or spending categories.
Other features
- You can easily apply the cash rewards you’ve earned as a statement credit to an eligible account.
- Your rewards don’t expire as long as your account remains open.
- 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.
- 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 and expert assistance, 24/7 — from arranging business travel or meetings, to recommending restaurants or office equipment upgrades.
- 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.
- You can add employee cards to Signify Business Cash® at no additional cost.
Additional Notes
Offers may differ from time to time and depend on the marketing channel. You must select Apply now to take advantage of the offer(s). This offer is not a guarantee of credit. Credit card is subject to credit qualification.