Wells Fargo Launches Signify Business Cash Mastercard®
May 09 2024 - 8:03AM
Business Wire
New cash rewards business credit card offers business owners
increased value and simplicity
Wells Fargo & Company (NYSE: WFC) announced today the launch
of Signify Business Cash World Elite Mastercard®, its new business
credit card with industry-leading cash rewards.
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the full release here:
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Wells Fargo Signify Business Cash
Mastercard® (Graphic: Wells Fargo)
Signify Business Cash by Wells Fargo is filling a gap that
exists in today’s cash rewards business credit card market, putting
value and simplicity in the hands of business owners. Offering
unlimited 2% cash rewards on business purchases, with no caps or
categories to track, and no annual fee, Signify Business Cash
provides business owners with easy-to-understand rewards and
compelling value.
“At Wells Fargo, we recognize that managing a small business can
be complicated and business owners need the best tools to continue
to succeed. Business owners told us that cash rewards programs had
become too complex and didn’t provide enough value for their
business,” said Jeff Hofmann, head of Small Business Card for Wells
Fargo. “We designed Signify Business Cash to give business owners
the spending capacity they need to better manage their cash flow
with the simplicity, value and transparency they want.”
Signify Business Cash provides business owners valuable benefits
and straightforward rewards:
- Unlimited 2% cash rewards on business purchases – with no caps
or categories to track
- $0 annual fee
- Earn a $500 cash rewards bonus when you spend $5,000 in
purchases for your business in the first three months
- Employee cards at no additional cost
- Additional benefits include Zero Liability protection, account
alerts and digital wallets
Signify Business Cash cardholders will have access to the Wells
Fargo Business Rewards Program, which offers flexible redemption
options. They can redeem cash rewards as a statement credit to
their Signify Business Cash account, as a direct deposit into an
eligible Wells Fargo savings or checking account, or for gift
cards, travel and more.
Cardholders will also receive World Elite Mastercard benefits,
including MasterRental Insurance Coverage, Priority PassTM and
Mastercard ID Theft ProtectionTM. Visit the Signify Business Cash
World Elite Mastercard® Credit Card Guide to Benefits for a full
list of benefits.
“The new Signify Business Cash World Elite Mastercard
prioritizes the rewards and benefits that small business owners
value most,” said John Levitsky, president, U.S. Financial
Institutions, Mastercard. “We worked closely with Wells Fargo to
create a product that makes running a business even more
rewarding."
“Signify Business Cash is our first step in the transformation
of business credit cards at Wells Fargo,” said Hofmann. “We will
continue to identify new and innovative ways to support small
business owners and meet their needs.”
For more information, visit wellsfargo.com/signify.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial
services company that has approximately $1.9 trillion in assets. We
provide a diversified set of banking, investment and mortgage
products and services, as well as consumer and commercial finance,
through our four reportable operating segments: Consumer Banking
and Lending, Commercial Banking, Corporate and Investment Banking,
and Wealth & Investment Management. Wells Fargo ranked No. 47
on Fortune’s 2023 rankings of America’s largest corporations. In
the communities we serve, the company focuses its social impact on
building a sustainable, inclusive future for all by supporting
housing affordability, small business growth, financial health, and
a low-carbon economy. News, insights, and perspectives from Wells
Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com.
LinkedIn: https://www.linkedin.com/company/wellsfargo
News Release Category: WF-(PS)
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version on businesswire.com: https://www.businesswire.com/news/home/20240509135108/en/
Media Nicole Dye-Anderson, 302-596-1763
Nicole.Dye-anderson@wellsfargo.com
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