Wells Fargo & Company (NYSE: WFC) has unveiled its latest offering for business owners – the Signify Business Cash World Elite Mastercard®. This new business credit card is set to revolutionize the cash rewards market with its industry-leading benefits.
With Signify Business Cash, business owners can enjoy unlimited 2% cash rewards on all business purchases, without any caps or categories to track. What’s more, there is no annual fee, making it a hassle-free and cost-effective option for small business owners.
Jeff Hofmann, head of Small Business Card for Wells Fargo, emphasized the importance of providing business owners with simple and valuable rewards. He stated, “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.”
In addition to the generous cash rewards, cardholders can also earn a $500 cash rewards bonus when they spend $5,000 in purchases for their business within the first three months. Employee cards come at no additional cost, and additional benefits include Zero Liability protection, account alerts, and digital wallets.
Furthermore, cardholders will have access to the Wells Fargo Business Rewards Program, offering flexible redemption options such as statement credits, direct deposits, or gift cards. They will also enjoy World Elite Mastercard benefits like MasterRental Insurance Coverage, Priority PassTM, and Mastercard ID Theft ProtectionTM.
John Levitsky, president of U.S. Financial Institutions at Mastercard, praised the collaboration with Wells Fargo in creating a product that truly benefits small business owners. This new offering is just the beginning of Wells Fargo’s commitment to supporting small businesses and meeting their evolving needs.
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