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Wells Fargo Business Secured Credit Card

The perfect way to build or rebuild business credit
 
The Wells Fargo Business Secured Credit Card can help new businesses establish business credit with Wells Fargo and is also a valuable tool for businesses who are rebuilding their business credit. It’s a convenient way to pay for business expenses and a smart alternative to cash or checks.

How it works

  • The Wells Fargo Business Secured Credit Card works like any credit card and can be used anywhere MasterCard® credit cards are accepted. Make travel reservations, purchase office supplies, and make online payments.
  • You provide $500 to $25,000 to fund your business secured credit card. Your credit line will directly reflect the amount of your deposit. As with any credit card, you’ll need to make monthly payments toward any balance you accrue.
  • Get up to 10 cards for you and your employees.

Rates and fees

  • Competitive rates. Get purchase rates as low as Prime + 9.90% and cash advance rates of Prime + 20.74%. Enjoy an interest-free grace period of at least 21 days on purchases.
  • Low annual fee. Pay a low annual fee of $25 per card.

Earn rewards

Enroll in the Wells Fargo Business Card Rewards® program and earn rewards for every dollar you and your employees spend. We’ll even waive the $50 annual program fee for the first year for new Wells Fargo Business Secured Credit Card customers1. Learn more about Business Card Rewards.

Cover your business expenses with our business secured credit card

The Wells Fargo Business Secured Credit Card offers:
  • Credit line: Select your credit line from $500 to $25,000
  • Interest rate: Purchases: Prime + 9.9%, Cash Advances: Prime + 20.74%
  • Low annual fee: $25 per card
  • Business Card Rewards: $50 per company. We'll waive this fee for the first year for new Wells
    Fargo Business Secured Card customers.1
  • Global Acceptance: Use the card anywhere MasterCard® is accepted for payment
  • Additional Cards: Order up to 10 additional cards for designated employees
  • Wells Fargo Business Online®: Access your account anytime, anywhere online.
  • Zero Liability: Promptly report unauthorized transactions, and you’ll be covered by this free service.
  • Automatic Payment: Have your credit card payments made automatically each month from your
    Wells Fargo business checking account.
  • Overdraft Protection: Cover insufficient funds in your Wells Fargo business checking account with
    funds from your Wells Fargo Business Secured Credit Card by linking the two.
  • Purchase Assurance® Provides coverage against theft of or damage to most new items purchased with your eligible MasterCard card up to 90 days from the date of purchase.
  • Discounts: Enjoy savings on goods and services through the MasterCard Easy Savings® Program.
  • MasterTrip® Travel Assistance: Take the stress out of travel. Emergency cash, replacement of lost tickets and documents, and lost luggage assistance are all available when you need them.
  • MasterRental® Insurance Coverage: Get full-value primary loss coverage (up to $50,000) and secondary personal effects coverage for rental vehicles.

Manage your expenses with business online banking1

Wells Fargo Business Online® gives you free access to both your business and personal accounts, so you can manage your business banking anytime, anywhere you have internet access.
  • Get quick access to your account. Business owners or guarantors can access their accounts via the internet, web-enabled mobile phone, or via text message.
  • Get a complete picture of your business finances in one place. Check your account balances, monitor account activity, analyze business spending, and get access to over 12 months of transaction history.
  • Use Business Bill Pay to pay. Pay any company or individual in the U.S. up to $10,000 or your credit limit from your eligible Wells Fargo Business Secured Credit Card account.
  • Track and organize spending with a Business Spending Report. Monitor spending patterns, categorize card transactions, and set monthly goals.
The optional Wells Fargo Business Card Rewards® program rewards you like no other program with more value, more choices, and more flexibility. Enroll your Wells Fargo Business Secured Credit Card and earn rewards with every dollar spent by you and your employees. Use these points for your business or to reward your employees.
  • Enroll in the Business Card Rewards program when you open a new Business Secured Credit Card account, and get the first year program fee waived1.
  • Choose one of the following ways to earn:
    • Rewards Points: Receive one point for every dollar you or your employees spend with your
      Wells Fargo Business Credit Cards.
    • Cash Back Only: Get 1% cash rewards credited automatically every quarter.
  • Enjoy no limit on the points you can earn.
  • Get more valuable rewards for fewer points than competing programs.
  • Choose from airline travel, cash back, gift cards, and merchandise.
  • Select the airline of your choice with no blackout dates.
  • A $50 annual fee covers all cards assigned to the business. The fee is waived for the first year for new Wells Fargo Business Secured Credit Card customers.1
Business Card RewardsLearn More
Make your card as unique as your business
 
Showcase your business every time you use your Wells Fargo Business Secured Credit Card. Customizing the design of your card is easy and takes just a few minutes with the free Wells Fargo Card Design Studio® service.
 
Design your card
With the Card Design Studio service, you can customize your business secured credit card with your logo or another image that represents your business. Access to Business Online Banking required.

Each design option takes only minutes to create — explore the demo to see how the Card Design Studio service works.

Get started today — it’s fast, easy, and free!

Learn more about the Card Design Studio service

Apply today

Visit a Wells Fargo location near you, or apply by phone at 1-800-225-5935.
  1. Complete an application for a Business Secured Credit Card account.
  2. Provide $500 to $25,000 as collateral to fund your business secured credit card.
  3. Once you’re approved, you’ll receive your business secured credit card in 7 to 10 business days.
 
1 Enroll in the Wells Fargo Business Card Rewards® program when you open a new Business Secured Credit Card account and get the annual rewards program fee of $50 waived for the first year only.
Deposit products offered by Wells Fargo Bank, N.A., Member FDIC
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