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Wells Fargo Business Elite Signature Card review

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Advertiser Disclosure

Interest Rate: Purchases
7.24% (Variable)
Balance Transfer
Signup Bonus
$1,000 after spending $25,000

Informr score
The Wells Fargo Business Elite Signature Card currently has an Informr score of 6.9 out of 10. This score is based on our evaluation of 3 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Wells Fargo Business Elite Signature Card is typically available to those with excellent credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

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.

What the Critics Are Saying...


While the Wells-Fargo Elite Business Elite Signature card offers respectable rewards, especially in the form of cash-back, the card has a number of drawbacks that put it at a competitive disadvantage with many competitors.

- Kat Tretina, Investopedia

The most valuable aspect of the Wells Fargo Business Elite Card is the control it affords businesses over their credit card accounts—specifically in regards to employee card usage. However, companies that are more interested in earning rewards with their cards will likely have better options.

- Bailey Peterson, ValuePenguin
Doctor Of Credit

The card itself isn’t worth keeping long term as there are lots of other cards with no annual fee that earn at a higher rate than 1.5% cash back but this could be a good option for businesses with $1 million+ in sales to just get the sign up bonus.

- William Charles, Doctor Of Credit


Interest Rates
Regular APR Interest Rate 7.24% (Variable)
Balance Transfer Interest Rate

Balance Transfers Not Allowed

Cash Advance Interest Rate 23.99% (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


Sign up bonus $1,000 after spending $25,000

- On purchases within the first 3 months.

- Or 100,000 bonus points after spending $25,000 on purchases within the first 3 months.

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

- Overdraft Protection

- Trip cancellation/Trip interruption with weather

- Trip delay reimbursement

- Lost luggage coverage

Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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