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Wells Fargo Business Platinum Credit Card

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Our rating
Credit range: Good
Annual Fee: $0
Regular APR: 7.99%–17.99% Variable
Intro Balance Transfer APR: 0% for 9 months
Intro Purchase APR: 0% for 9 months

Wells Fargo Business Platinum Credit Card

Our rating
Good Credit range
$0 Annual Fee
Apply Now

Highlights & Features

Rewards

  • Choose one:
    • Cash Back Option: 1.5% cash back for every purchase
    • Reward Points Option: 1X point per dollar for every purchase, and 1,000 bonus points for spending $1,000 in a monthly billing period

INTRODUCTORY BONUS

$500 cash back or 50,000 bonus points when you enroll in a Business Card Rewards Program and spend $3,000 in the first 3 months

BONUS RESTRICTIONS

Signup bonuses are not available if your business already has a Wells Fargo business card, or has opened or closed a Wells Fargo business card in the preceding 12 months.

Balance Transfers

A balance transfer is a way to move credit card debt from one credit card to another with the goal of saving money on interest.

Intro Balance Transfer APR 0% for 9 months
Regular Balance Transfer APR 7.99%–17.99% Variable
Balance Transfer Fee 4%, $10 minimum
How to Transfer a Balance on a Credit Card

Fees

Penalty APR N/A
Late Fee Up to $50
Returned Payment Fee $29
Additional Cards Annual Fee $0
Foreign Transaction Fee None
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your credit card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR 24.70% Variable
Cash Advance Fee N/A
How to Get a Cash Advance with a Credit Card
Wells Fargo Business Platinum Credit Card

Highlights

  • Cash back option includes 1.5% cash back on every purchase and $500 cash back if you spend $3,000 in the first 3 months of account opening
  • Reward Points option includes 50,000 bonus points after spending $3,000 in the first 3 months of account opening, 1X point per dollar, 1,000 bonus points for spending $1,000 in a month, and 10% point credit for redeeming points online
  • 0% introductory APR for 9 months on both purchases and balance transfers. After that you’ll get APRs of 7.99%–17.99% Variable
  • Up to 99 employee cards at no additional cost
  • No foreign transaction fees
  • No annual fee
ABOUT THE ISSUER

Wells Fargo

Wells Fargo has several card types depending on your needs.

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-800-225-5935 or

Try a different phone number
See all Issuer Cards

The Wells Fargo Business Platinum Credit Card is a rewards card that, unlike most other cards, provides a choice between cash back and points.

You’ll need to manually enroll in either the Cash Back or Reward Points option before you can start earning rewards. There’s no fee to enroll.

The Cash Back program is simpler, and comes with a $500 cash back bonus for spending $3,000 in the first 3 months. You’ll also earn 1.5% cash back on every purchase.

The Reward Points option has a bit more to it:

  • 50,000 bonus points for spending $3,000 in the first 3 months
  • 1X point per dollar for all purchases
  • 1,000 bonus points for spending $1,000 or more in a monthly billing period
  • 10% point bonus for redeeming points online

You can enjoy a 0% introductory APR for 9 months on both purchases and balance transfers. After that you’ll get APRs of 7.99%–17.99% Variable.

You must have an existing Wells Fargo checking or savings account open for at least one year in order to apply for this card online.