Credit cards

The 6 Best Wells Fargo Credit Cards of 2022

In one look

The Wells Fargo Business Elite Signature Card is not available to just any business. To qualify, your business must have annual sales of at least $1 million. After that, the rewards are generous.

The introductory offer is almost as good as the regular rewards. New customers receive the choice of a one-time cash back of $500 or 50,000 reward points after spending $15,000 within the first three months of card ownership.

The choices don’t stop there. With the Wells Fargo Business Elite Signature Card, you have the choice of reward structure again. You can either earn 1.5% cash back for every dollar spent or choose to receive 1 point for every dollar spent plus 5,000 bonus points for every billing period with $10,000 or more in purchases. In all cases, the card comes with an annual credit of up to $100 for the reimbursement of your incidental travel expenses.


The Wells Fargo Business Elite Signature card fee schedule includes no annual fee for the first year and a $125 annual fee thereafter.

Fee type


Annual fees

$0 the first year

$125 thereafter

AVR – Purchasing

Premium + 3.99%

APR – Balance Transfers


APR – Cash Advances

Premium + 20.74%

Cash advance fees

4% or $10, whichever is greater

Foreign transaction fees


Advantages and disadvantages


The inconvenients

  • Introductory Bonus Rewards

  • Introductory Cash Back Offer

  • First Year Annual Fee Waiver

  • $1 million in sales required

  • Annual fee after the first year

  • High rate for cash advances