Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- Chauncey Crail, Robin Saks Frankel, ForbesFor businesses that need plenty of employee cards with travel coverage included but also want to see some return on rewards, the Wells Fargo Business Elite Signature card may be the right option. The card offers the choice of how to earn rewards—as points or as cash back—that some may find attractiv...
- Danielle Letenyei, FinanceBuzzThe Wells Fargo Business Elite Signature Card is designed for businesses with over $1 million in annual sales. You won't qualify for this card if your business has under $1 million in annual sales. But truthfully, this probably isn’t one of the best business credit cards out there for small business...
- Rebecca Lake, MyBankTrackerThe Wells Fargo Business Elite Signature Card is a card to consider if you’re looking for flexible rewards and you meet the $1 million annual sales minimum. The annual fee isn’t overwhelming and the introductory bonus could net you a sizable amount of rewards right away.
- Tricia Tetreault, Fit Small BusinessThe Wells Fargo Business Elite Signature Card® is best for business owners who want to earn fixed-rate cash back or rewards points for all business-related purchases. It offers up to 200 free additional employee cards and other business perks.
- Dawn Papandrea, The BalanceOffers employee expense management tools but only so-so rewards for a business card that charges an annual fee. What makes the card unique, however, is the option to choose between earning flat-rate cash back or more flexible rewards points.
Interest Rates | |
---|---|
Regular APR Interest Rate | 11.99% (Variable) |
Balance Transfer Interest Rate |
Balance Transfers Not Allowed |
Cash Advance Interest Rate | 28.74% (Variable) |
Rates & Fees | |
Annual Fee | $125.00 |
Balance Transfer Fee | |
Cash Advance Fee |
4% Minimum of $10 |
Foreign Transaction Fee | $0.00 |
Over Limit Fee |
1.5% Minimum of $39, maximum of $75 |
Late Payment Fee |
$75.00 Maximum |
Promotions | |
Sign up bonus |
$1,000 after spending $25,000
|
Rewards | |
All Purchases | No |
Restaurants | No |
Gas | No |
Groceries | No |
Hotels | No |
Travel | No |
Pharmacy | No |
Bills | No |
Additional Details |
Choose your rewards program between cash back and reward points. Cash back - Earn 1.5% for every $1 spent Reward points - Earn 1 point for every $1 spent - Receive 5,000 bonus points when your company spend reaches $10,000 in any monthly billing period. - Get a 10% bonus when you redeem points online. - Earn extra bonus points or discounts from Earn More Mall retailers. |
Features & Benefits | |
Additional Card Holders | Yes |
Travel Accident Insurance | Yes |
Car Rental Insurance | Yes |
Car Rental Discount | No |
Extended Warranty | Yes |
Purchase Protection | Yes |
Zero Liability | Yes |
No Foreign Transaction Fees | Yes |
Emergency Assistance | Yes |
Concierge Service | No |
Price Protection | No |
Fraud Protection | Yes |
Free Credit Scores | No |
Wireless Payments | No |
Virtual Cards | No |
Additional Benefits |
|
Eligibility | |
Minimum Security Deposit | $0 |
Minimum Age | 18 |
Minimum Personal Income | |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
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