The recently launched Signify Business Cash℠ Card by Wells Fargo is already making a name for itself. This business credit card offers unlimited 2% cash rewards, which is better than many of the best business credit cards.
If you want a simple business credit card that doesn’t make you keep track of bonus categories or spending caps, the Signify Business Cash℠ Card by Wells Fargo could be a smart choice. And there’s no annual fee!
Let’s look at the details of why you might want to apply for Signify Business Cash.
1. Unlimited 2% cash rewards
Some business credit cards promise big percentages of cash rewards, but when you read the fine print, there are restrictions based on categories or spending caps. For example, some cards might offer up to 5% cash rewards, but only on purchases of office supplies or gas station spending. Other cards might give you 3% cash rewards, but only for the first $25,000 you spend per year.
The Signify Business Cash℠ Card by Wells Fargo is refreshingly simple: You get 2% cash rewards on all qualifying business spending. There are no categories to track and no limits on how much you can earn.
Business Credit Card Comparison
Consider these business credit cards that offer a convenient and efficient way to separate personal and business expenses, simplifying accounting and tax reporting.
Additionally, business cards can provide valuable perks such as rewards points, cashback, and expense tracking tools, enhancing financial management and the potential to help save money in the long run.
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Ink Business Unlimited® Credit Card |
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Earn $750 bonus cash back Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. |
Earn unlimited 1.5% cash back on every purchase Earn unlimited 1.5% cash back on every purchase made for your business |
Purchases: 0% Intro APR on Purchases, 12 months Balance Transfers: N/A
Regular: |
Ink Business Preferred® Credit Card |
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Earn 100,000 bonus points Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. |
Earn 3 points per $1 in select business categories Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases-with no limit to the amount you can earn. |
Purchases: N/A Balance Transfers: N/A
Regular: |
2. $500 bonus cash rewards with qualifying spend
Want to hit the ground running with extra cash rewards? The Signify Business Cash℠ Card by Wells Fargo offers you the chance to earn an extra $500 welcome bonus cash rewards if you spend $5,00 within the first 3 months of opening your new card. This gives you an extra 10% return on your first three months’ spending.
3. No annual fee
Did we mention that Signify Business Cash doesn’t have an annual fee? No other cards on The Ascent’s list of best business credit cards offer such a high level of unlimited rewards (2% on every purchase) without charging an annual fee.
For example, the Ink Business Unlimited® Credit Card has a $0 annual fee, but it only offers 1.5% unlimited cash rewards. The Capital One Spark 2X Miles delivers unlimited 2x miles per $1 — but it charges an annual fee of $95 after the first year (see rates and fees).
With Signify Business Cash, you don’t have to worry whether you’re getting enough rewards to justify the annual fee. Spend that extra time thinking about your business instead.
4. 0% APR for 12 months
With higher interest rates in the past few years, many small businesses have seen their borrowing costs go up. Opening a Signify Business Cash℠ Card by Wells Fargo can help — it offers 0% introductory APR on purchases for the first 12 months.
If there’s a big purchase you’ve been considering for your small business, this card could help you pay for it with zero interest for 12 months. Or if you want to give your business some breathing room with paying down other debts or improving cash flow, this 0% intro APR can offer you extra financial flexibility.
The travel perks for the Signify Business Cash℠ Card by Wells Fargo are not as expansive as the best travel rewards credit cards. If you want free unlimited lounge access or elite travel perks, this card is not going to give you everything you want.
But this business credit card provides a few worthwhile travel benefits for your next business trip, like some rental car insurance coverage. It also includes a free membership to Priority Pass™ so you can visit over 1,300 airport lounges — but you will have to pay for the lounge visits yourself, on a per-visit basis.
Bottom line
If you want an easy-to-use, surprisingly rewarding business credit card with no annual fee, the Signify Business Cash℠ Card by Wells Fargo could be a good choice. This new business credit card from Wells Fargo offers unlimited 2% cash rewards, a $500 welcome offer based on qualifying spend during the first three months, and 0% APR for the first 12 months of purchases.
Business owners who aren’t impressed by fancy travel perks and just want a straightforward card with unlimited 2% cash rewards should check out the Signify Business Cash℠ Card by Wells Fargo. This new offering from Wells Fargo has some of the most generous cash rewards of any business credit card.
Alert: our top-rated cash back card now has 0% intro APR until 2025
This credit card is not just good – it’s so exceptional that our experts use it personally. It features a lengthy 0% intro APR period, a cash back rate of up to 5%, and all somehow for no annual fee! Click here to read our full review for free and apply in just 2 minutes.
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