Wells Fargo Signify Business Cash

Key Benefits

All Benefits

• New cardmember welcome offer: earn a $500 cash rewards bonus after spending $5,000 in purchases in the first 3 months from account opening (per Wells Fargo's Signify Business Cash issuer materials; verify current public offer at time of application, as Wells Fargo periodically refreshes the bonus and minimum-spend on this product)
• Unlimited 2% cash rewards on every eligible purchase, every time — earned for every $1 spent in net purchases (purchases minus returns/credits), with no rotating categories, no quarterly activation, and no cap on the 2% earn rate (the flat 2% structure is the headline benefit and is identical across all qualifying business spend on the card)
• Bonus categories: Not offered on the Signify Business Cash beyond the flat 2% on everything (Wells Fargo positions Signify as its flat-rate business cash back card; tiered category earn like 3X on travel/dining belongs to other Wells Fargo products, not Signify)
• $0 annual fee on the primary card and $0 annual fee on each employee card (Wells Fargo does not charge an annual fee on the Signify Business Cash, making it a no-cost-of-carry card for small businesses)
• Free employee cards: add additional employee cards at no additional cost; rewards earned on employee cards pool into the same business cash rewards account, and the business owner can set individual spending limits on each employee card from the Wells Fargo Business Online portal
• Cash rewards do not expire as long as your account remains open (per Wells Fargo's Business Card Rewards Program Terms); unredeemed rewards are forfeited if the account is closed
• Redemption options: redeem as a statement credit applied to your outstanding balance, as a deposit into an eligible Wells Fargo business checking or savings account, as cash at a Wells Fargo ATM in $20 increments using your Wells Fargo business debit or ATM card, toward eligible purchases (Redeem for Purchases), or for gift cards — all at 1 cent per point (a 1:1 cash redemption ratio)
• Transfer partners and points-to-miles transfers: Not offered on the Wells Fargo Signify Business Cash (Signify earns flat cash rewards, not transferable points; Wells Fargo's airline and hotel transfer partner program is reserved for premium travel products like the Autograph Journey, not Signify)
• 0% intro APR on purchases for the first 12 billing cycles (approximately 12 months) from account opening; after the intro period a variable APR applies based on creditworthiness and the Prime Rate (per the Wells Fargo Signify Business Cash terms and conditions; verify exact post-intro APR in the cardholder agreement at the time of application)
• Foreign transaction fees: 3% of each transaction converted to U.S. dollars (per Wells Fargo's Signify Business Cash terms; this makes Signify a poor choice for international business purchases compared with no-foreign-tx-fee business cards like the Capital One Spark Cash Plus or Chase Ink Business Premier)
• Issued on the Mastercard World Elite Business tier, which unlocks the World Elite Mastercard for Business benefits package — a richer benefits set than the standard World Mastercard Business tier (Wells Fargo provisions Signify on World Elite by default for approved applicants)
• Cell Phone Protection (World Elite Mastercard for Business benefit): up to $600 in protection per claim against damage or theft when you pay your monthly business cellular telephone bill with your Signify Business Cash Card; subject to a $25 deductible per claim, with a maximum of two paid claims per 12-month period (per the Mastercard Guide to Benefits for World Elite Business)
• Cell Phone Protection covers the primary line and additional lines listed on your monthly business wireless bill paid with the Signify card; coverage starts the month after you first pay your wireless bill with the card and excludes loss (other than theft) and damage that is purely cosmetic
• Purchase Assurance (World Elite Mastercard for Business benefit): coverage that protects most new retail purchases against accidental damage or theft for a limited period after purchase when the item is paid for with the Signify card; coverage limits and exclusions are documented in the Mastercard Guide to Benefits provided to cardholders
• MasterRental Insurance Coverage (Auto Rental Collision Damage Waiver via Mastercard World Elite Business): coverage when you decline the rental company's collision insurance and charge the entire rental cost to your Signify card; per Mastercard's program for World Elite Business, MasterRental can provide primary coverage for business rentals in eligible jurisdictions (verify primary vs secondary status in the current Guide to Benefits at booking)
• Mastercard ID Theft Protection (World Elite Mastercard for Business benefit): complimentary identity theft monitoring and resolution services for the business and the cardholder; includes monitoring of personal information across surface, social, and dark web sources, alerts on suspicious activity, and access to a resolution specialist if your identity is compromised (enroll at mastercardus.idprotectiononline.com)
• Mastercard Easy Savings for Business (World Elite Mastercard for Business benefit): automatic rebates at participating merchants in categories like fuel, lodging, dining, office supplies, and shipping when you pay with your enrolled Signify card; enrollment is free and rebates post automatically to the card statement without coupons or codes
• Mastercard Global Service: 24/7 worldwide assistance with lost or stolen card reporting, emergency card replacement, emergency cash advance, ATM locator service, and account information; call 1-800-Mastercard (1-800-627-8372) in the U.S. or call collect from outside the U.S.
• Zero Liability Protection: you are not liable for promptly reported unauthorized charges made with your Signify card or account information (per Wells Fargo's Zero Liability Protection terms and Mastercard's Zero Liability program for business cards)
• 24/7 fraud monitoring: Wells Fargo monitors your business account for unusual purchases and will alert you if suspected fraud is detected; cardholders can report fraud through the Wells Fargo Mobile app, Wells Fargo Business Online, or by phone
• Real-Time Mobile Wallet pay: add the Signify Business Cash to Apple Pay, Google Pay, and Samsung Pay so employees and the business owner can tap-to-pay from a phone or smartwatch the moment the card is approved (Wells Fargo supports mobile wallet provisioning before the physical card arrives in the mail, allowing immediate use after approval)
• Contactless tap-to-pay: the physical card supports contactless payments via the Mastercard contactless symbol for fast checkout at terminals that accept contactless cards
• Wells Fargo Business Online and Wells Fargo Mobile: monitor business card activity, pay your bill, redeem cash rewards, set employee spending limits, view statements, and export transaction data through Wells Fargo's business digital banking tools at no extra cost
• Integrations with QuickBooks and other accounting tools: download Signify Business Cash transactions in formats compatible with QuickBooks, Quicken, and Microsoft Money to streamline bookkeeping and tax preparation for the business
• Liability: the Signify Business Cash uses business-owner personal-guarantee liability (the owner personally guarantees the account), which is standard for small-business cards at this tier; business activity may or may not report to consumer credit bureaus per Wells Fargo's reporting practices for this product
• Penalty APR: a penalty APR of up to 29.99% may be applied indefinitely if your payment is more than 60 days late on the Signify Business Cash (per Wells Fargo's standard business card pricing and terms; verify the exact penalty APR and trigger in the cardholder agreement you receive)
• Transfer partners, airport lounge access, Priority Pass membership, airline elite status, hotel elite status, Global Entry / TSA PreCheck application credit, annual travel credits, trip cancellation insurance, trip interruption insurance, and trip delay reimbursement: Not offered on the Wells Fargo Signify Business Cash (Signify is a $0 annual fee flat-rate business cashback card; these premium travel perks are reserved for Wells Fargo's Autograph Journey and other premium travel products and are not part of the World Elite Mastercard Business benefits package on Signify)