Compare Wells Fargo business credit cards

All three options come with no foreign transaction fees and your choice of cash back or reward points.

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Wells Fargo has kept it simple by limiting its business card offerings to three choices. With a universal rewards program across all cards, it’s easier to choose based on the size of your business and what your credit history will allow.

Best card for building business credit: Wells Fargo Business Secured Credit Card

Wells Fargo Business Secured Credit Card

Earn 1.5% cash back on all purchases.

For new business owners and those looking to rebuild a shaky credit history, a secured credit card could be a good option. Using it responsibly and paying on time can help your efforts to build or rehabilitate your business credit score. Although your credit line depends on your security deposit and you face a high APR with the Wells Fargo Business Secured Credit Card, you can still earn rewards while getting your finances on track.

Best card for intro APR and balance transfers: Wells Fargo Business Platinum Credit Card

Wells Fargo Business Platinum Credit Card

Get a one-time $500 cash back bonus when you enroll in the cash back rewards program and spend $3,000 in the first
3 months

For small business owners with annual sales up to $2 million, the Wells Fargo Business Platinum Credit Card could be a good fit. There are some good welcome offers, including a cashback bonus, an intro APR offer for the first 9 months of card membership and no annual fees. You also have use of the handy Wells Fargo cash management tools and Business Spending Report.
Compare business balance transfer credit cards

Best corporate card: Wells Fargo Business Elite Signature Card

Wells Fargo Business Elite Signature Card

Get a one-time $1,000 or 100,000 bonus points when you enroll in the rewards program and spend $25,000 in first 3 months

Business owners with annual sales over $1 million who often travel outside the country could find the Wells Fargo Business Elite Signature Card appealing. It comes with comprehensive online business support tools to help you manage your company spending, as well as travel insurance and zero foreign transaction fees.

As with all Wells Fargo business cards, you’re entitled to a choice of rewards programs with enticing bonuses whether you opt for cash back or reward points.

How to compare Wells Fargo business credit cards

Each of Wells Fargo’s business cards are tailored for your company’s credit score and the size of your business. Give these factors some thought when searching for the right business card:

  • Do you have a low credit score? For business owners with poor or no credit, the Wells Fargo Business Secured Credit Card is a good place to start. Although your credit line depends on your security deposit, it offers a chance to improve your credit history while earning rewards.
  • How often do you travel? If your company travels frequently, you may find the Wells Fargo Business Elite Signature Card beneficial, as it offers travel and rental car insurance, emergency services and no foreign transaction fees.
  • Does your company want to make a balance transfer? If you want to transfer an existing card balance from a non-Wells Fargo account, the Wells Fargo Business Platinum Credit Card is the only option that offers an intro APR period for balance transfers.
  • Do you spend over $10,000 a month? If you’re spending five figures every month, then the Wells Fargo Business Elite Signature Card offers the best return in terms of rewards and cash back.

Why choose a Wells Fargo business credit card?

  • Choice of rewards. All Wells Fargo business cards give you the choice of earning 1x reward points or 1.5% cash back on all purchases.
  • Bonus reward points. You can earn additional bonus points for every $1 spent at participating Earn More Mall retailers. Plus, you’ll get a 10% bonus when you redeem your points online.
  • No foreign transaction fees. Wells Fargo business cards don’t charge fees for purchases made overseas or at foreign websites. Other providers typically charge up to 3% per transaction, so this could be a fair amount of savings depending on how much you travel.
  • Zero liability protection. All cards have built-in protection, which means you won’t be responsible for any unauthorized transactions.
  • Business tools. All account holders have access to Wells Fargo Business Online, where you can manage spending, payments and transfers online. You can also leverage the Business Spending Report to manage your expenses.
  • Employee cards. All three cards allow you to add employee cards, but the amount available and costs can vary.
  • Customize your card. Impress clients with a customized card with Wells Fargo’s Card Design Studio Service.
  • Overdraft protection. Avoid overdrafts and returned check fees by signing up for the Wells Fargo Business Online service.

Consider a top card from another brand

The Blue Business® Plus Credit Card from American Express

  • Get rewarded for business as usual. Earn 2x Membership Rewards® points on everyday business purchases such as office supplies or client dinners.
  • 2x applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
  • Enjoy the flexibility to put more purchases on the card and earn rewards when you buy above your credit limit*.
  • You’ve got the power to use your card beyond its credit limit* with Expanded Buying Power.
  • More buying power for your business means more opportunities to earn points. That’s everyday business with the Blue Business Plus Card.
  • *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
  • 0.0% intro APR on purchases and balance transfers for 12 months from date of account opening, then a variable rate, 14.74%-20.74%, based on your creditworthiness and other factors as determined at the time of account opening.
  • No annual fee
  • Terms apply
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See Rates & Fees

Compare Wells Fargo business cards

Updated February 17th, 2020
Name Product Rewards Purchase APR Annual fee
Wells Fargo Business Secured Credit Card
1.5% cash back on all purchases
16.65% variable
$25
Earn 1.5% cash back on all purchases.
Wells Fargo Business Platinum Credit Card
Choose 1.5% cash back or 1x points on all purchases
0% intro for the first 9 months (then 12.74% to 22.74% variable)
$0
Get a one-time $500 cash back bonus when you enroll in the cash back rewards program and spend $3,000 in the first 3 months
Wells Fargo Business Elite Signature Card
1.5% cash back or 1x points on all purchases, plus 5,000 points after spending $10,000 or more in any monthly billing period
8.74% variable
$0 intro annual fee for the first year ($125 thereafter)
Get a one-time $1,000 or 100,000 bonus points when you enroll in the rewards program and spend $25,000 in first 3 months

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Bottom line

When it comes to choosing between Wells Fargo credit cards, it’s really the size of your business and credit history that will dictate which is the best fit. The cards all offer the same rewards system, basic business tools and no foreign transaction fees, which many companies will find appealing.

With a universal benefits system across all three cards, businesses with big travel expenses may find other providers offer higher reward returns per dollar.

As always, compare your business credit card options to find the one that best suits your needs.

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