The Wells Fargo Business Platinum Credit Card is a business card that offers a relatively low interest rate for cardholders with a cash back aspect and a nice sign-up bonus.
It’s a good option for small to mid sized businesses as it offer you a one-time $300 cash back bonus or 30,000 Points when you enroll in the cash back rewards program and spend $5,000 in first three months.
Cardholders could earn unlimited 1.5% cash back on all purchases if you choose cash option. If you decide to go with the points back option, you will earn 1X points per $1 spent. There is no annual fee, no foreign transaction fee and 0% introductory APR on purchases for 9 months.
If you would like to get some more information over the Wells Fargo Business Platinum Credit Card, continue reading about it below!
Editor’s Note: If you’re looking for the best Wells Fargo promotions, be sure to check out our compiled list of Best Wells Fargo promotions!
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Wells Fargo Business Platinum Credit Card Summary
|Bonus Available||Earn a one-time $300 cash back bonus or 30,000 bonus points when your enroll in the Business Card Rewards Program and make at least $5,000 in purchases within the first 3 months of account opening.|
|Bonus Value*||$300 (cash option) OR $450 (points option)|
|Ongoing Rewards/Benefits||Earn 1.5% for every $1 spent on net purchases.
Earn 1,000 bonus points every month that you make at least $1,000 in purchases on the card.
Extra 10 percent bonus when you redeem your points online.
Up to 99 Employee cards at no extra cost.Up to 99 employee cards at no extra cost.
|Foreign Transaction Fees||No|
(Visit Wells Fargo for more details)
$300 Cash Back Bonus or 30,000 Bonus Points Offer
Although the cash bonus isn’t that much for a small business, this card really shines by offering multiple perks that will save you a ton of money in the end.
The Wells Fargo Business Platinum card will give you a one-time $300 Cash Back Bonus or 30,000 Bonus Points Offer when you enroll in the cash back rewards program and spend $5,000 in first three months.
To help you meet the minimum spend, here are some ideas on meeting the spending requirements:
Redeeming Your Business Platinum Rewards
Note, your redemption options will vary depending on which rewards program you decide to enroll in.
Cash back redemption will be the simplest method. You will get your rewards through one of these channels:
- Credit to statement credit
- To an eligible checking or savings account each quarter (March, June, September and December)
Redeeming your points can be used in multiple ways. You can use them for:
- Cash Rewards
- Gift cards
- Air travel
- Hotels, car rentals, cruises, vacation packages and travel activities
- Brand name merchandise
Wells Fargo Business Platinum Card Top Features
For the cash option, you can earn 1.5% for every $1 spent.
For the point option, you can earn 1x point per $1 spent. This option also gives you 1,000 bonus points when you spend $1,000 in any monthly billing period. You get a 10% bonus when you redeem points online
Cash management tools included:
- Manage your spending and any account transactions online
- Avoid overdrafts and returned check fees
- Pay bills with your card directly
- Pay your credit card bill automatically
Manage spending, payments, and transfers online with Wells Fargo Business Online
- Cardholder spending, payments and other transaction management
- Create custom reporting
- Analyze spending by category
- View spending by merchant
Other business related perks:
- Maximum of 200 free employee cards
- Create a business card that defines your business using Card Design Studio
- Choose between consolidated billing or individual cardholder billing
- Assign up to 3 administrators to manage the cards
Make purchases abroad without the fear of those foreign transaction fees creeping up on you.
If you are a business owner of a small to mid sized business looking to open up a credit card with no annual fee and multiple bonuses, consider signing up for the Wells Fargo Business Platinum Credit Card.
This credit card offers a one-time $300 Cash Back Bonus or 30,000 Bonus Points Offer when you enroll in the cash back rewards program and spend $5,000 in first three months of your account opening. Don’t forget about the unlimited 1.5% cash back on all purchases.
If this is something that you would be interested in and you would like more from Wells Fargo, see our list of the Best Wells Fargo Promotions and Wells Fargo credit card bonuses. For more credit cards, see our latest list of the best business bank bonuses and best credit card bonuses!
The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.