Wells fargo business platinum credit card login

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The Wells Fargo Business Platinum Credit Card* gives its cardholders a choice of points or cash-back rewards, offers a low intro APR period and small handful of benefits such as $0 fraud liability and employee cards but falls short of the standards set by other major issuers’ for no-annual-fee business credit cards.

Wells Fargo Business Platinum Credit Card

Welcome Bonus

30,000 points

Regular APR

14.24% - 24.24% variable

Credit Score

Good/Excellent

Pros

• Choose-your-adventure rewards can be customized
• Intro offer on purchases and balance transfers
• No annual fee

Cons

• Rewards structure can be complicated to optimize
• Few major extra benefits

Highlights

• Get a one-time $300 cash back bonus or 30,000 bonus points when you enroll in the Business Card Rewards Program and spend $3,000 in the first three months of account open date
• Choose your rewards: Cash Back or Rewards Points
• Cash Back option: Earn 1.5% cash back on every $1 spent
• Reward Points option: Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period
• No required spending categories or caps
• Zero Liability Program: You’ll be fully reimbursed for unauthorized purchases or ATM transactions that are made with your Business Platinum Credit Card and reported promptly
• $0 annual card fee, plus up to 99 employee cards (no additional fee)

Introduction

The matrix of rewards business credit cards is difficult to navigate. Luckily, the Wells Fargo Business Platinum Credit Card* offers its cardholders an opportunity to choose your rewards: Cash Back or Rewards Points. Cash Back option: Earn 1.5% cash back on every $1 spent; Reward Points option: Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period.

The Wells Fargo Business Platinum doesn’t charge an annual fee, nor does it charge foreign transaction fees. It does offer a 0% Intro APR on purchases for 9 months. 14.24% - 24.24% variable APR on purchases and balance transfers. Balance transfer fee of 4% ($10 minimum; no maximum) applies. While not the longest 0% intro APR available, it’s one of few higher-profile business credit cards offering one with a balance transfer option.

Though we feel it’s light on the extra benefits, the Wells Fargo Business Platinum does offer a zero liability program, overdraft protection and Visa purchase security. It also provides up to 99 employee cards at no extra fee. The card also offers a welcome bonus: one-time $300 cash back bonus or 30,000 bonus points when you enroll in the Business Card Rewards Program and spend $3,000 in the first three months of account open date.

At a Glance

• No annual fee
• Welcome bonus: one-time $300 cash back bonus or 30,000 bonus points when you enroll in the Business Card Rewards Program and spend $3,000 in the first three months of account open date
• Earnings: choose your rewards: Cash Back or Rewards Points. Cash Back option: Earn 1.5% cash back on every $1 spent; Reward Points option: Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period
• 0% Intro APR on purchases for 9 months. 14.24% - 24.24% variable APR on purchases and balance transfers. Balance transfer fee of 4% ($10 minimum; no maximum) applies
• No foreign transaction fees
• Up to 99 no-extra-charge employee cards

Rewards

Earning Rewards

The Wells Fargo Business Platinum card offers cardholders to choose your rewards: Cash Back or Rewards Points. Cash Back option: Earn 1.5% cash back on every $1 spent; Reward Points option: Earn 1 point on every $1 spent and receive 1,000 bonus points when your company spend is $1,000 or more in any monthly billing period. There is no cap on the number of points you can earn.

The Wells Fargo Business Platinum card includes a welcome bonus: one-time $300 cash back bonus or 30,000 bonus points when you enroll in the Business Card Rewards Program and spend $3,000 in the first three months of account open date.

Redeeming Rewards

When it comes to redeeming rewards earned with the Wells Fargo Business Platinum, cardholders who have opted for the cash-back option will receive cash back automatically as a credit to the account or to an eligible checking or savings each quarter (March, June, September and December).

For those who have elected to earn points, redemption involves redeeming points for gift cards, merchandise, airline tickets and more. Cardholders who redeem online earn a 10%-of-redemption-value points credit, further maximizing how far a point will go.

Rewards Potential

The rewards potential offered by the Bank of America Business Advantage Unlimited Cash Rewards card is dependent on business spending and Preferred Rewards qualification tier.

• A business that spends $5,000 annually would earn $75 in cash back or 5,000 points (plus 1,000 points for each month with spending over $1,000).
• A business that spends $15,000 annually would earn $225 in cash back or 15,000 points (plus 1,000 points for each month with spending over $1,000).
• A business that spends $25,000 annually would earn $375 in cash back or 25,000 points (plus 1,000 points for each month with spending over $1,000).
• A business that spends $50,000 annually would earn $750 in cash back or 50,000 points (plus 1,000 points for each month with spending over $1,000).

0% Introductory Rates

The Wells Fargo Business Platinum card offers a 0% Intro APR on purchases for 9 months. 14.24% - 24.24% variable APR on purchases and balance transfers. Balance transfer fee of 4% ($10 minimum; no maximum) applies.

Other Card Benefits

• Zero Fraud Liability: Cardholders aren’t responsible for unauthorized charges.
• Employee Cards: Up to 99 no-extra-cost cards for employees to use.
• Visa Purchase Protection: Replaces or repairs eligible purchases and reimburses you in the event items are lost, stolen or accidentally damaged.

Fine Print

Interest Rates

• Regular APR: 14.24% - 24.24% variable
• Purchase Intro APR: 0% Intro APR on purchases for 9 months
• Balance Transfer Intro APR: 0% Intro APR on balance transfers for 9 months

Fees

• Annual Fee: $0
• Cash Advance: Either 4% of the amount of each advance or $10 minimum, maximum $175 whichever is greater
• Foreign Purchase Transaction Fee: None

How The Card Stacks Up

Wells Fargo Business Platinum Credit Card* vs. Ink Business Unlimited® Credit Card

The Chase-issued Ink Business Unlimited is another no-annual-fee business card option that also earns 1.5% cash back rewards on every business purchase and offers employee cards for no additional fee. The Ink Business Unlimited has a slightly longer 0% APR offer of 0% introductory APR for 12 months on purchases, then a 15.49% - 21.49% variable APR applies for purchases and balance transfers. A balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater, applies. The Ink Business card’s benefits are also similar to the Wells Fargo cards and include auto rental collision damage waiver, extended warranty and purchase protection.

Which one is right for you will depend on if you can meet the Wells Fargo card’s offer of 1,000 bonus points for each billing cycle you spend $1,000 or more. If so, the Wells Fargo card will be the more rewarding option. If not, the Ink Business Unlimited is a Visa Signature card which comes with some benefits and perks that the Wells Fargo Business Platinum card as a basic Visa does not.

Wells Fargo Business Platinum Credit Card* vs. U.S. Bank Business Platinum Card

Like the Wells Fargo Business Platinum, the U.S. Bank Business Platinum offers a low introductory period for both purchases and balance transfers. Unlike the Wells Fargo Business Platinum, the U.S. Bank Business Platinum offers a .

A true master of one thing, the U.S. Bank Business Platinum doesn’t offer many of the benefits that the Wells Fargo Business Platinum does including rewards. For business owners seeking a no-annual fee card with a solid intro APR offer, the U.S. Bank Business Platinum fits the bill.

Wells Fargo Business Platinum Credit Card* vs. Wells Fargo Business Elite Signature Card*

For businesses with over $1 million in annual sales, the Wells Fargo Business Elite offers a version of the same card with beefier benefits, augmented point-earning and an annual fee of $125 annual fee (waived first year). With the Business Elite Signature, rewards are similar: Earn 1.5% cash back per dollar spent or earn 1 point per dollar spent and receive 5,000 bonus points when the company spend is $10,000 or more in any monthly billing period.

The number of employee cards doubles to 200 at no-extra-charge and a handful of extra benefits are available, such as a travel incidental fee reimbursement, lost luggage coverage, trip delay reimbursement, extended warranty and more. For businesses that meet the revenue criteria who want the benefits, this card may be a better option then the Business Platinum version. The rewards however, are much the same.

Compare Wells Fargo Business Platinum Card with Other Cards

Is The Card For You?

The Wells Fargo Business Platinum may fit the bill for small-to-medium businesses who want a little bit of everything: a balance transfer and low intro APR on purchase protections, reward earning of either points or cash back and some benefits all for no annual fee. If you don’t think this card is a fit for your needs, check out our list of the best business credit cards to see other options that might suit you better.

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