Wells Fargo & Company (NYSE: WFC) has unveiled its
latest offering for business owners, the Signify Business Cash World Elite
Mastercard, designed to address the needs within the cash rewards business
credit card market. This new card aims to provide business proprietors with
straightforward rewards and tangible value.

New Business Card: Cash Rewards and No Categories

The Signify Business Cash card offers unlimited 2% cash
rewards on business purchases, without caps or categories for tracking, and a
$0 annual fee. New cardholders can earn a cash rewards bonus by spending a
specified amount within the initial three months of card ownership.

Moreover, business owners can extend the benefits to their
employees at no extra charge. The card also offers supplementary perks
including Zero Liability protection, account alerts, and compatibility with
digital wallets.

“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.”

Wells Fargo Launches Signify Business Cash Mastercard® https://t.co/AiblDpR8Ib pic.twitter.com/lVNFAUa4uH

— Latest News from Business Wire (@NewsFromBW) May 9, 2024

Business Rewards Program: Redemption Options

Cardholders can leverage the Wells Fargo Business Rewards
Program for flexible redemption options. These options encompass redeeming cash
rewards as a statement credit to their Signify Business Cash account, direct
deposit into an eligible Wells Fargo savings or checking account, or for
alternative uses such as gift cards or travel expenses.

Furthermore, cardholders will gain access to the World Elite
Mastercard benefits suite, featuring offerings like MasterRental Insurance
Coverage, Priority PassTM, and Mastercard ID Theft ProtectionTM.

“The new Signify Business Cash World Elite Mastercard
prioritizes the rewards and benefits that small business owners value most,”
said John Levitsky, president, US Financial Institutions, Mastercard. “We
worked closely with Wells Fargo to create a product that makes running a
business even more rewarding.”

This article was written by Tareq Sikder at www.financemagnates.com.

—

— CONTENT NOT MODERATED BY G6

— Please be careful with this content. If you don’t think it should be here, please get in touch with us at [email protected]